The members come from around the world and across the game industry. The foundation itself can undertake tech projects, as voted upon by the membership. They can give tokens as rewards to players and the players can use those tokens in games or secondary markets.

Linden said a lot of esports companies are interested in using the blockchain to make money through better fan engagement. What could this alliance do? Perhaps it could approach a platform and ask it to endorse blockchain gaming and permit the titles on the platform. “As an alliance or industry foundation, we think it’s a more powerful group,” Linden said. “We started talking to a bunch of these groups and said that five initiatives are important to come together on and do as an alliance instead of individual companies,” Linden said.Ĭross-chain infrastructure, for instance, has turned out to be challenging to do and so it makes sense to tackle that problem through an alliance.

The Mythos Foundation has recruited an initial group of ecosystem partners who will help move standards forward and work collaboratively on the development of a fully decentralized NFT Transport Protocol connecting the best in the games industry with the blockchain/web3 projects and initiatives. Mythical Games is the first to adopt MYTH as its native utility token on the Mythical Chain and will use the token on its Mythical Marketplace. The token will provide Web3 game utility and facilitate ecosystem governance, giving gamers, developers, publishers, and content creators the opportunity to participate and contribute to a truly decentralized ecosystem. Mythos is also announcing the Mythos token (MYTH), an ERC-20 mainnet token with a fixed supply of one billion tokens. Collaborating with traditional gaming platforms to craft new policies that support the next generation of games and gamers.The growth of traditional esports participation in Web3.Integration and support for gaming guilds and guild communities.The evolution of NFTs and game economies for game developers and publishers.Cross-chain infrastructure and NFT transport.The Mythos Foundation is initially focused on five key areas of development: And I think the common ground would see is that we have to as an industry move this forward.” Sometimes they’re learning, sometimes they actually have something in development,” Linden said. “We’re seeing a lot of people are stepping into the space. The Mythos Foundation also aims to democratize games and allow for players and creators to participate in game value chains through the Mythos ecosystem, which is grounded in the support of multiple blockchains, unified marketplaces, decentralized financial systems and decentralized governance mechanisms. With support from industry leaders in Web3 gaming, the goal of the Mythos Foundation is to reduce barriers-to-entry for innovative game developers wanting to build thriving play-and-own game economies. NFL Rivals is coming from Mythical Games. And while Mythical has been leading the charge for this kind of gaming for a few years, it has garnered interesting support in the form of a dozen advisers. The Mythos Foundation has been established to manage the day-to-day operations of the Mythos blockchain gaming ecosystem DAO. “Our focus with the token is around building the utility with gamers,” Linden said. The process took about a year to figure out, as the company wanted to have solid governance. We think it’s probably one of the biggest gaming alliances out there, frankly. “We think it’s going to be great for the industry. “Some of the biggest players are now starting to feel it out, too,” Linden said. Web3 and metaverse companies: Animoca Brands, Hadean, Klaytn, Line Blockchain, Oasys.Esports and guild firms: FaZe Clan, Gen.G, Sandbox Gaming, Yield Guild Games, Talon, EVOS.Game developers and publishers: Krafton, Ubisoft, Marblex (Netmarble), Com2uS, CM Games, Post Voyager (Cocone), Kakao Games, PerBlue, Third Kind Games, Wemade.This DAO will have a number of participating game companies in a kind of alliance around the blockchain and its token. John Linden, CEO of Mythical Games - the maker of the Blankos Block Party blockchain game - said in an interview with GamesBeat (at our MetaBeat event) that the foundation will be a decentralized autonomous organization (DAO), or a group that is governed by those who collect or earn its tokens. Mythical Games announced that it is diving deeper into Web3 with the creation of The Mythos Foundation to manage its blockchain gaming ecosystem - and democratize gaming.

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