Mythical Games Acquires DMarket: A New Era of Blockchain Gaming Begins
- The co-founders of DMarket will join the management team of Mythical Games.
Mythical Games, a gaming technology company dedicated to developing new gaming environments using blockchain technology. DMarket, on the other hand, is a blockchain-based gaming platform that enables users to safely and openly exchange in-game goods and assets.
Mythical Games, the next generation gaming technology company recently launched Mythical Marketplace 2.0 after acquiring marketplace technology startup DMarket. The new marketplace is supported by Mythical’s native ecosystem token, MYTH, and is built on Mythical’s new layer 1 EVM blockchain.
The acquisition of DMarket by Mythical Games is a significant milestone. Enabling the most sophisticated digital asset trading platform, DMarket’s technology makes Mythical, as of December, the second largest processor of digital assets.
John Linden, co-founder and CEO of Mythical Games, stated “We established Mythical Games in 2018 with the goal of bringing about the next generation of games and players. That’s exactly what we’re still doing five years later. Mythical Marketplace 2.0 was created not only for to improve our platform but, more importantly, to improve the player experience and establish the standard for the future of gaming.
In addition to NFL Rivals and Nitro Nation World Tour assets, Marketplace 2.0 will support all Mythical titles on the Mythical Chain in the future. Ownership and trading logic assets on the Mythical Chain will be enforced on a secure distributed ledger using smart contracts.
Vlad Panchenko, co-founder and CEO of DMarket stated, “DMarket has always had its main focus on the expanding gaming market. He expressed his excitement to be a part of Mythical Games’ efforts to lower entry barriers for creative game developers and establish new economies.” He further stated, “We all have the same vision for how the gaming industry will evolve and how we can all contribute to making gaming more enjoyable for everyone around the world.”
DMarket’s branch in Kyiv, Ukraine, joins Mythical East, headquartered in Lisbon. The company’s co-founders, Vlad Panchenko and Tamara Slanova, will join Mythical’s management team with a focus on creating the best and most user-friendly marketplace technology for the gaming sector.
The Mythical Chain has also been adopted by DMarket for its current marketplace which will continue to operate independently of the Mythical Marketplace. Although all trades are documented on Mythical Chain to provide complete transparency to the community, DMarket.com will maintain the usual web3 experience.
In summary, the purchase of DMarket by Mythical Games is a significant step towards reimagining the future of gaming using blockchain technology. The gaming industry will experience more secure and open trading of in-game assets and items, thanks to the combined expertise of the two organizations. As a result, creativity will be stimulated and players and game developers will have new opportunities.
