Mythical Games raises $16M to develop online games on EOS

Mythical Games, an online gaming studio, announced that it had secured $16M from investors including Galaxy Digital, Javelin Venture Partners, and OKCoin. The gaming studio plans on developing games that enable players to own and customize their game assets. Unlike traditional online games, where gaming studios own gaming assets (weapons, cosmetic skins, characters, etc.), Mythical Games' assets will be owned by their players. Proof of ownership will be recorded on EOS' blockchain. (Source: TechCrunch)

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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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