The Mythos Foundation has been established to manage the day-to-day operations of the Mythos blockchain gaming ecosystem decentralized autonomous organization (DAO). 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. 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.
“Video games have always been fueled by their community, but gamers have often missed out on the opportunity to have a voice and a direct impact to their gaming experience”
The Mythos Foundation is initially focused on five key areas of development:
- Cross-chain infrastructure and NFT transport
- The evolution of NFTs and game economies for game developers and publishers
- Integration and support for gaming guilds and guild communities
- The growth of traditional esports participation in web3
- Collaborating with traditional gaming platforms to craft new policies that support the next generation of games and gamers
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Mythos is also announcing the Mythos token (MYTH), an ERC-20 mainnet token with a fixed supply of 1 billion tokens, that 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. 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 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 best blockchain / web3 projects and initiatives. The initial Mythos ecosystem partners include:
- Game Developers & Publishers: Krafton, Ubisoft, Marblex (Netmarble), Com2uS, CM Games, Post Voyager (Cocone), Kakao Games, PerBlue, Third Kind Games, Wemade
- Esports & Guilds: FaZe Clan, Gen.G, Sandbox Gaming, Yield Guild Games, Talon, EVOS
- Web3 & Metaverse: Animoca Brands, Hadean, Klaytn, LINE Blockchain, Oasys
These partners will be eligible to serve a one-year term on one of the three separate subcommittees once elected through the Mythos DAO by MYTH token holders.
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“Mythical has always been a gamer-first platform, and today’s announcement signals our commitment to ensuring our community has increased ownership over their gaming experience,” said John Linden, CEO of Mythical Games. “MYTH token holders will be the driving force as we, in collaboration with the Mythos Foundation and other industry partners, continue to revolutionize and democratize gaming in order to give everyone a seat at the table. This initial group of partners is one of the largest gaming alliances ever announced and will help transform all aspects of gaming in web3. We are proud to be amongst this amazing group of partners.”
“Video games have always been fueled by their community, but gamers have often missed out on the opportunity to have a voice and a direct impact to their gaming experience,” said Pete Hawley, Chief Product Officer of 100 Thieves. “We are supportive of any efforts to allow the community to be a bigger part of the gaming experience. Mythos also helps gaming companies interested in web3, but not yet pursuing web3, to understand these new solutions and standards and how they can impact games and game communities in the future.”
The Mythos Foundation is also announcing an initial group of advisors from the blockchain, gaming, and entertainment industries. The initial set of advisors includes:
- Rehito Hatoyama – Former COO of Sanrio
- Yat Siu – Chairman of Animoca Brands
- Pete Hawley – Chief Product Officer of 100 Thieves
- Jaci Hays – Chief Corporate Alliance Officer of FaZe Clan
- Alex Pall and Drew Taggart – The Chainsmokers & MANTIS VC
- Ryan Tedder – OneRepublic
- Lesley Silverman – Head of Web3 at UTA
- Adam Bain – Partner at 01 Advisors, Former COO of Twitter
- Ryan Wyatt – President of Polygon Studios
- Matthew Rutler – Executive Vice President, Talent & Business Development of Masterclass
- Alex Scheiner – Partner at Redbird Capital, Former President of the Cleveland Browns and COO of the Dallas Cowboys
- Kent Wakeford – Co-Founder Gen.G Esports, Co-Founder Rally Network, Former COO of Kabam
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