Mythos Sparks Activity Surge On Polkadot, Drawing Nearly 6 Million Accounts

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Written By: Michael Abadha
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    Summary:
  • Mythos isn't only adding this game to its support roster. It is also moving its Mythical Market and NFT collections to Polkadot.

Mythos (MYTH), the interoperable utility token democratising Web3 gaming, has triggered a surge in activity on Polkadot, bringing nearly 6 million accounts to the network.

Mythical Games, developer of well-known games like NFL Rivals, is now part of the Polkadot ecosystem as a parachain. Founded by seasoned gaming professionals, Mythical Games develops games with player-owned economies. It is behind several blockbuster titles like Skylanders, Call of Duty, World of Warcraft, and Marvel Strike Force.

Mythos isn’t only adding this game to its support roster. It is also moving its Mythical Market and NFT collections to Polkadot, including Blankos and DMarket. The strategy leverages Polkadot’s EVM module to guarantee EVM address compatibility and also enables developers to employ the Substrate framework, which is built on WebAssembly.

The integration of Mythical Market into Polkadot aims to enhance the secondary trading of gaming assets. When it moved to the Polkadot ecosystem, the permissioned EVM-based Mythos Chain became a parachain. While NFL Rivals is the major collection that Mythical Market processes, you can expect to see Blankos, Nitro Nation, and many more collections added in the near future.

The decentralised nature of the platform guarantees the security and transparency of all transactions conducted on the Mythos Chain. This strategy positions it as a formidable competitor to Ethereum, Bitcoin, Solana, and Polygon, the four most prominent layer 1 chains in the gaming industry.

The Mythical Platform offers custodial and non-custodial gaming wallets. As a result, it offers an intuitive way for players who are new to blockchain technology to keep their digital assets safe. On the other hand, advanced users have the freedom to connect their own wallets to the Mythical Chain and public mainnets.

With more than 5 million wallets being transferred to the Polkadot network, Mythos is triggering an activity surge. DMarket registers more than $600,000 worth of transactions and processes, more than 25,000 transactions involving in-game assets. This has seen it establish itself as one of the largest NFT collections in the world.

This post was last modified on Oct 09, 2024, 22:06 BST 22:06

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha