In Brief:
Mythical Games Nearing Conclusion of Series D Funding: Ahead of the October 20 deadline, the company behind titles like Pudgy Party and FIFA Rivals has raised significant capital with previous contributions exceeding $300 million.
Worldcoin to Enhance Gaming Experience: Newest investor Worldcoin will incorporate its identity blockchain technology into the Mythos platform to improve user verification processes.
Expansion of Eightco Holdings into Digital Assets: This Nasdaq-listed corporation has joined as a new investor, following its recent strategic moves into digital assets, which have markedly increased its market value.
Strategic Growth and Investment Enhancements at Mythical Games
Mythical Games, a leader in the gaming industry, is set to finalize another substantial investment round, the Series D, by October 20. Although the comprehensive details, including the volume of this round, remain undisclosed, expectations are high with both previous backers and new investors coming on board. Cathie Wood’s ARK Invest is among those anticipated to reinvest.
Integration of Advanced Blockchain Technology
In a significant development to bolster security and user engagement, Mythical Games has announced a partnership with Worldcoin, a new investor represented by Sam Altman. Worldcoin’s identity blockchain technology is earmarked for integration into Mythical’s gaming platform, Mythos. This upgrade aims to deliver a secure environment with human-verified accounts, enhancing both identity security and user trust.
“Mythical is integrating with Worldchain to bring identity and trust into the next era of gaming,” commented John Linden, CEO of Mythical Games. This move is expected to set a new standard in user experience, tapping into advanced blockchain solutions for digital identity verification.
A New Investor with a Vision for Digital Assets
Adding to this round’s prominence is Eightco Holdings, a newly minted participant that is formerly known for its Nasdaq listing and recent pivot towards digital assets. This strategic shift included acquiring $270 million in cryptocurrency tokens, notably including Worldcoin’s own WLD, which led to an explosive 3,000% increase in its stock value. Eightco is actively working on its authentication and trust layer aimed at enhancing offerings in consumer, enterprise, and gaming sectors.
The ongoing developments and influx of high-profile investors like Eightco Holdings emphasize the synergy between innovative technology solutions and modern digital asset strategies in transforming gaming experiences. The firm commitment of Mythical Games to integrate cutting-edge technologies promises to cultivate a more secure and immersive environment for gamers worldwide.
