Hashed invests blockchain game developer Mythical Games for player-owned economies
Hashed invests blockchain game developer Mythical Games for player-owned economies
  • Monica Younsoo Chung/ Canada
  • 승인 2019.11.26 04:02
  • 댓글 0
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Kim Seo-joon
Kim Seo-joon
John Linden
John Linden

 

Hashed, an investment firm specializing in blockchain, invested in U.S.-based blockchain-Mythical Games. In this round, Mythical Games attracted 19 million dollars' worth of investment from Hashed, Javelin Venture Partners and Digital Galaxy.

The U.S. company based in Los Angeles and Seattle is developing the "Blankos Block Party," a game that uses blockchain technology to give users full ownership of assets in the game and also gives creators a chance to continue to generate profits. In addition, there are plans to develop a game-only platform that can be used by other game developers as well

The investment round is led by Javelin Venture Partners and Hashed, along with Galaxy Digital, Struck Capital, Avon Ventures and Alumni Ventures took part in the investment. Last year, Mythical Games received about $16 million worth of investment from five investors.

“It is important to see whether various play participants, including players, can directly take ownership of the assets in the game and be able to take the lead in the game In the future." John Linden, CEO of Mythical games, said, in a statement. "Investment company and our enough experience and network of decentralization have greatly helped our game models and strategies."

“Blockchain technology has the potential to transform the paradigm of games from temporary entertainment to a permanent virtual economic system," said Kim Seo-joon, CEO of Hashed. "We are pleased and honored to be able to take part as a strategic investor in the company, which has both a philosophy as a blockchain game developer and a world-class development capability.”

The Hashed is a blockchain specialist investment firm based in Seoul and San Francisco. The Mythical Games was founded in 2018 by CEO John Linden and recently work over 30 full-time employees in the USA.


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