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Mythos boosts Polkadot network with over 3.6 million new accounts

Published 09/10/2024, 05:22 am
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Investing.com - Mythos is driving a surge in activity on the Polkadot network, with over 3.6 million accounts created. 

"In July we migrated Mythical Market to Polkadot, and now we are migrating both the Blankos collection to Mythical Market as well as D-Market to Polkadot. This is currently in excess of 5M wallets being migrated to Polkadot,” Mythical Games’ CFO Kasper Joergensen told Investing.com.

Mythical Games, the creator of popular titles like NFL Rivals, has migrated to the Polkadot ecosystem as a parachain. This approach taps Polkadot’s EVM module to ensure address compatibility with the EVM and allows developers to use the WebAssembly-based Substrate framework.

Kasper added that DMarket is consistently the largest NFT collection worldwide, with daily sales in excess of $600,000 and around 25,000 transactions of gamers buying and selling in-game assets. Mythical Market mainly handles transactions related to NFL Rivals, but soon will see other collections there as well, such as Blankos, Nitro Nation and much more to come.

In addition to supporting this game, Mythos is expanding its capabilities by migrating its Mythical Market and NFT collections, such as Blankos and DMarket, to Polkadot.

According to John Linden, CEO of Mythical Games, the integration of Mythical Market into Polkadot is part of a strategy to enhance secondary trading of gaming assets. The platform's decentralized approach ensures all transactions on the Mythos Chain are transparent and secure. This approach makes it a major player in the gaming blockchain space, just behind major layer 1 chains like Ethereum, Bitcoin, Solana, and Polygon.

Led by gaming industry veterans, Mythical Games builds games around player-owned economies and has been involved in developing major franchises like Call of Duty, World of Warcraft, Marvel Strike Force, and Skylanders.

The Mythical Platform provides both custodial and non-custodial gaming wallets for digital items. This setup protects gamers who are new to blockchain while allowing advanced players to link their own wallets through bridges between the Mythical Chain and public mainnets.

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