The company aims to increase the amount from 20 million dollars to 30 million dollars as the tour is completed in the coming months.
Mythical Games Raised 37 Million Dollars In a Series C Funding Round Securing Financing For Their In-Game Marketplace
Mythical Games, with the $37 million funding raised in its Series C1 round, will continue to maintain its unicorn status with a valuation exceeding $1 billion. John Linden, the company’s co-founder and CEO, stated in an interview with Cointelegraph, ‘Our priority is to use the funds to optimize our business and achieve profitability by the end of the year.’
This round was led by Scytale Digital, with participation from previous investors such as Andreessen Horowitz, WestCap, Gaingels, Signum Growth, and Struck Capital, as well as ARK Invest, Animoca Brands, MoonPay, Proof VC, and Stanford Athletics. While Mythical Games expects the completion of the entire round in the coming months, they anticipate an additional increase of $20 to $30 million.
Nitro Nation World Tour will be the third game in our portfolio and is slated to be launched within the next few months. We have multiple games still in development that we have yet to announce.
John Linden
The publisher plans to release its new game, Nitro National World Tour, in a few months. They have also been conducting non-fungible token (NFT) pre-sales since February. Additionally, the company recently achieved over 1 million downloads with their game NFL Rivals, and they plan to use the funds to develop an in-game marketplace based on this success.
About Mythical Games
Mythical Games is a gaming technology studio developing games intended to bring players, creators, brands, and game developers together through personalized experiences and content. The company’s studio provides a decentralized gaming application that uses blockchain technology to build games where players can own the assets they develop or acquire in the game on the EOSIO platform.
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