Mythical Games, the next-generation gaming technology studio, has launched Mythical Marketplace 2.0 following the acquisition of marketplace tech start-up DMarket, as part of its continued commitment to innovation in gaming. The new marketplace is built on Mythical’s new layer 1 EVM blockchain and powered by the Mythos native ecosystem token, MYTH.
What does the acquisition mean for Mythical Games?
The acquisition is a significant milestone for Mythical Games, with DMarket’s tech facilitating the most advanced trading platform for digital assets. It makes Mythical the second-largest processor of digital assets on a distributed ledger after Ethereum mainnet, as of December.
“We founded Mythical Games in 2018 to usher in the next generation of gaming and the next generation of gamers,” commented John Linden, co-founder and CEO, Mythical Games.
“Half a decade later, we’re continuing to do just that. Mythical’s Marketplace 2.0 was designed to not only enhance our platform but, more importantly, improve the player experience and set the standard for the future of gaming. All too often, developers tout features as ‘seamless’ and ‘integrated’ when discussing gaming or metaverse projects.”
“These solutions are still complicated and not made for gamers. But with these monumental steps forward, Mythical will provide users with an experience that delivers on both.”
What does Mythical’s Marketplace 2.0 bring to the space?
Mythical’s Marketplace 2.0 has fully integrated DMarket’s technology to feature principles of its blended payment gateway, featuring a powerful anti-money laundering (AML) and anti-fraud protection system built on more than a decade of industry experience.
Combined with Mythical’s expertise in gaming and digital assets, Marketplace 2.0 provides a frictionless user experience that enables peer-to-peer transactions and empowerment for gamers looking to participate in the play-and-own gaming economies of the future. The Mythical Chain has been live for six weeks, processing over 2 million transactions.
Marketplace 2.0 will support NFL Rivals and Nitro Nation World Tour assets, with plans to expand to all Mythical titles on the Mythical Chain. Assets will be entirely governed by smart contracts with ownership and commerce logic enforced on a secure distributed digital ledger.
What does the acquisition mean for DMarket?
“The new horizons of the gaming space have always been the main focus for DMarket. We’re excited to become a part of Mythical Games’ work to reduce barriers to entry for innovative game developers and thriving new economies. We share a vision of how the industry will evolve and how we all can contribute and bring more fun to the gaming community worldwide,” said Vlad Panchenko, co-founder and Chief Executive Officer of DMarket.
DMarket’s office in Kyiv, Ukraine, becomes part of Mythical East, with its headquarters in Lisbon, Portugal. Its co-founders, Vlad Panchenko and Tamara Slanova, will become part of Mythical’s Executive leadership team, with a particular focus on building the best and easiest marketplace technology for the gaming industry. DMarket also adopted the Mythical Chain for its existing marketplace, which will continue to operate outside of the Mythical Marketplace.
DMarket.com will retain the familiar experience with purchases in USD in the web experience; however, all trades are recorded on the Mythical Chain to provide full transparency to the community. For more information on Mythical Games’ Marketplace 2.0, visit the website.