Mythical Games Secures Strategic Investment from Eightco Holdings

The Web3 gaming firm partners with Eightco to advance human-verified identity integration and expand its entertainment ecosystem.

WLD

182d ago

Summary

Mythical Games announced a strategic investment from Eightco Holdings on October 15 to accelerate the creation of a global entertainment ecosystem and integrate verified human identity features in gaming for the post-AGI era. Since its founding in 2018, the Web3 game developer has raised $281 million from investors such as a16z, Scytale Digital, WestCap, and YZi Labs.

Terms & Concepts

Web3 Gaming: A form of gaming built on decentralized blockchain technology, allowing players to own and trade in-game assets as digital tokens.
AGI (Artificial General Intelligence): An advanced form of artificial intelligence capable of performing any intellectual task that a human can.
Verified Human Identity: A system that confirms a player’s real-world identity, aimed at ensuring authenticity and reducing the risk of bot activity in digital environments.