Mythical Games, a Web3 gaming technology studio, has released a new version of its marketplace, called Mythical Marketplace 2.0.
Acquisition of DMarket
This update was made possible by the company’s acquisition of DMarket, a marketplace tech start-up. The new marketplace is built on a blockchain technology called EVM, and it uses a digital token called MYTH to function.
This acquisition is a significant achievement for Mythical Games, as it will allow the company to offer one of the most advanced trading platforms for digital assets. According to the announcement, Mythical Games is now the second-largest processor of digital assets on a distributed ledger, after Ethereum.
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New Web3 Marketplace by Mythical Games
The new marketplace features a blended payment gateway and a robust anti-money laundering (AML) and anti-fraud protection system. Basically, this feature is based on over a decade of the company’s industry experience.
Additionally, Mythical’s expertise in gaming and digital assets allows Marketplace 2.0 to provide a seamless user experience for peer-to-peer transactions. Essentially, this enables gamers to participate in the future of play-and-own gaming economies.
The company’s blockchain technology, the Mythical Chain, has been operational for six weeks and has already processed over 2 million transactions.
“We founded Mythical Games in 2018 with the idea of ushering in both the next generation of gaming and the next generation of gamers. 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,” said John Linden, co-founder and CEO, Mythical Games.
“All too often, developers tout features as ‘seamless’ and ‘integrated’ when discussing gaming or metaverse projects. In reality, these solutions are still very complicated and not made for gamers. But with these monumental steps forward, Mythical will provide users with an experience that delivers on both.”
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. Smart contracts will entirely govern assets on the Mythical Chain. A secure distributed digital ledger will enforce both ownership and commerce logic.
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Mythical Games and 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,” said Vlad Panchenko, co-founder and CEO of DMarket. “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.”
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. They will focus on building the best and easiest marketplace technology for the gaming industry.
DMarket has also adopted the Mythical Chain for its existing marketplace. For now, this 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, The Mythical Chain will record all trades to provide full transparency to the community.
For more information on Mythical Games’ Marketplace 2.0, visit http://mythical.market.
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