Mythic Protocol raised $6.5 million in investment

Date: 2023-09-13 Author: Karina Ziganova Categories: BLOCKCHAIN, IN WORLD
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Singaporean game developer Mythic Protocol has raised $6.5 million in a seed round led by Shima Capital.

Also investors were Alpha JWC, Saison Capital, GDV Venture, Planetarium Labs, Arcane Group, Presto Labs, MARBLEX, EMURGO Ventures, HYPERITHM.

The new capital will be used to develop and launch initial core offerings, namely:

RIFTSTORM: an action shooter that will be available on PC and mobile devices;

DUMB: platform for blockchain developers;

LEGACY: a collection of digital assets.

The company's CEO, Arif Vidhiyasa, said that every 25 years, the gaming industry experiences a new technological cycle.

“I believe the next cycle is coming. It will be based on blockchain and artificial intelligence,” Vidhiyasa said.

The Flashwire project has received $10 million in funding from SuperChain Capital, Gate.io, CyberX, Cobo, Vechain and Legend Trading.
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