In a monumental step, Mythic Protocol closed a seed round funding of $6.5 million amidst a bear market, marking the onset of a revolutionary endeavor to create the world’s first collaborative entertainment ecosystem. This ambitious project melds blockchain technologies, gaming, and creative media to foster a new age of collaboration. This development promises to redefine the gaming industry, blending innovation with a user-focused approach to usher in a new era in the entertainment landscape.
- Mythic Protocol’s significant seed round funding and its lead contributors
- The veteran team steering Mythic Protocol’s vision
- A glimpse into the initial core offerings of Mythic Protocol
- Insights from the company’s CCO and CEO on the project’s ethos and industry cycles
- Backing from Saison Capital emphasizing the project’s visionary approach
- Contact details for further media inquiries and information
Funding Details and Contributors
Mythic Protocol successfully secured a substantial $6.5 million in seed round funding, a venture co-led by Shima Capital’s Yida Gao and supported by powerhouse VC, Alpha JWC. Additional significant contributors to this round encompass Saison Capital, GDV Venture, Planetarium Labs, among others, including several prominent angel investors. This financial injection aims to nurture an innovative ecosystem facilitating unprecedented collaboration in the entertainment sector.
Veteran Leadership at Helm
Under the stewardship of gaming industry stalwarts Arief Widhiyasa and Igor Tanzil, alongside a robust team comprising over 130 members globally, Mythic Protocol aims to reshape the gaming industry. With backgrounds spanning established entities like Microsoft, Samsung, and Intel, the team aims to build an ecosystem where collaboration is at the forefront, ensuring a unique, rewarding experience for investors, creators, and consumers alike.
Initial Core Offerings
The funds accrued will fuel the development and launch of initial core offerings that comprise a diverse range of collaborative ventures. This includes the Gamer Offering, dubbed “RIFTSTORM”, which combines action-shooter RPG elements with roguelite progression, and offers cross-play across PC, console, and mobile platforms. The Creator Offering, known as “Decentralized Universal Meta (on Blockchain)” or “DUMB”, and the Investor Offering named “LEGACY”, both promise to redefine the paradigms of collaboration and asset growth in the digital space.
Insightful Perspectives from Leadership
CCO Igor Tanzil articulated a vision where technology’s potential is fully realized, fostering a system where every contribution holds significance, and actions bear consequences. CEO Arief Widhiyasa emphasized the cyclical nature of technological advancements in the gaming industry, predicting the inception of a new cycle driven by blockchain and artificial intelligence, focusing on collective value generation within the ecosystem.
Saison Capital’s Endorsement
Saison Capital’s partner, Qin En Looi, highlighted Mythic Protocol’s steadfast adherence to their visionary approach, undeterred by transient industry trends. The company’s long-term conviction and mindful approach towards new technologies have garnered appreciation and firm backing from Saison Capital.
In this groundbreaking venture, Mythic Protocol emerges as a beacon of innovation, bringing forth a collaborative entertainment platform that seeks to revolutionize the intersection of blockchain technologies, gaming, and creative media. With the significant backing of industry giants and the visionary leadership of experienced veterans, the project promises to usher in a new age of collaboration, where creativity and consequential actions take center stage. This initiative represents a significant leap towards realizing a collaborative future, where technology and innovation serve to enhance user engagement and participation in the digital entertainment sphere.