Blockchain Gaming on EOS to Trigger the Next-gen Gaming Economy

By StartUp City | Monday, November 26, 2018

Mythical Games, a new firm leading towards next-generation gaming technology, has emerged with the theme of leveraging the potential of blockchain technology in the gaming sector. Specialized in developing the major gaming IPs, the mythical gaming platform helps in creating a virtual game player by assessing the digital assets and creating a real-time ecosystem throughout the game.

Earlier this year, Mythical Games recently bagged a $16 million funding to implement a series of PC, mobile, and console games in EOSIO blockchain infrastructure. The initial round of funding was provided by Mike Novogratz, CEO of Galaxy Digital, who stated that the emergence of EOSIO gaming platform would enable superior community-driven business models, adequate to disrupt the world’s largest technology incumbents.

The EOSIO is found to be an optimal and straightforward approach to allow players to buy, sell, and trade the assets of a game using blockchain technology—enabling developers to benefit from each transaction. Moreover, these developers can easily go online for any further modification, or upgrade a game with unique features, and selling the same in the gaming economy. This approach also provides insights into the difficulties in the traditional platform and digital ecosystem—housed with an easy interface, blockbuster gaming audience, and actual ownership of the assets.

The main theme behind the deployment of the mythical platform is to provide true ownership to the digital assets, verifiable scarcity, and to bridge a gap amongst high-quality franchise and blockchain technology.

Passion for implementing innovative concept to the gaming platform, the developer team of Mythical Games comprises of top gaming industry veterans namely John Linden, CEO of Mythical Games, and former president of Niantic-acquired Seismic games. Followed by Jamie Jackson, chief creative officer and former studio head at Activision; Stephan Cunningham, chief product officer and former director of product management at yahoo; Rudy Koch, blockchain head, and former producer at blizzard. This well-versed team has previously worked together in developing popular games such as Marvel Strike Force, Call of Duty, and Skylanders.

Though EOSIO infrastructure will strengthen the gaming platform and lead the next generation gaming market, it is not platform dependent. Moreover, through this development, the blockchain-based gaming platform will allow other developers to build player-owned economic games in the near future.