{"id":52349,"date":"2021-11-04T18:39:05","date_gmt":"2021-11-04T16:39:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52349"},"modified":"2025-09-03T09:48:48","modified_gmt":"2025-09-03T06:48:48","slug":"mythical-games-raises-150-million-at-1-25-billion-valuation","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/mythical-games-raises-150-million-at-1-25-billion-valuation\/","title":{"rendered":"Mythical Games raises $150 million at $1.25 billion valuation"},"content":{"rendered":"<p>Mythical Games raised $150 million to launch the multiplayer game Blankos Block Party with non-fungible tokens (NFTs), as well as a platform for building similar applications, according to <a href=\\\"https:\/\/venturebeat.com\/2021\/11\/04\/mythical-raises-150m-at-1-25b-valuation-for-playable-nft-game-platform\/\\\">VB<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>The Series C funding round was led by prominent venture capital firm Andreessen Horowitz. It drew participation from crypto exchanges FTX and Binance, as well as D1 Capital, RedBird Capital and The Raine Group.<\/p>\n<p>\\n\\n<\/p>\n<p>The valuation reached $1.25 billion. The round followed four months after the startup <a href=\"https:\/\/u1f987.com\/en\/news\/gaming-crypto-firms-raise-476m-in-the-first-half-of-2021\">raised $75 million<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>The company is widely regarded as a pioneer of the idea of \u201cgaming NFTs\u201d used to authenticate unique digital assets.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cWe did not plan to seek financing, but Andreessen came to us and assembled the round. It was great. For us, it is a great honour to be in its portfolio,\u201d said Mythical CEO John Linden.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cWe are going to enter the space with one of them and want to have the appropriate infrastructure to launch online games with millions of players,\u201d he added.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>Ubisoft, the French giant known for the Assassin\u2019s Creed and Far Cry series, <a href=\"https:\/\/u1f987.com\/en\/news\/ubisoft-to-develop-blockchain-games-based-on-the-play-to-earn-concept\">announced the development of blockchain games<\/a> based on the Play-to-Earn concept, <span data-descr=\\\"gamers earn cryptocurrency and NFTs through gameplay\\\" class=\\\"old_tooltip\\\">Play-to-Earn.<\/span><\/p>\n<p>\\n\\n<\/p>\n<p>Earlier the company <a href=\"https:\/\/u1f987.com\/en\/news\/ubisoft-becomes-a-validator-on-the-tezos-network\">became a validator<\/a> on the Tezos network.<\/p>\n<p>\\n\\n<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mythical Games raised $150 million to launch the multiplayer game Blankos Block Party with non-fungible tokens (NFTs), as well as a platform for building similar applications, according to VB.<\/p>\n","protected":false},"author":1,"featured_media":52350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[848,1213,1133],"class_list":["post-52349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-andreessen-horowitz","tag-nft","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=52349"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52349\/revisions"}],"predecessor-version":[{"id":52351,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52349\/revisions\/52351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52350"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}