Mythical Games Raises $37 Million as NFL Rivals Tops 1M Downloads
Summary
Previous investors Andresseen Horowitz, WestCap, Struck Capital, Signum Growth, and Gaingels also participated in this round.Mythical Games CEO and co-founder John Linden said that some of the strategic investors planned for the round are still in negotiations, and to expect an additional close later in 2023.Sometimes the strategic groups in the entertainment, sports, or gaming worlds can take a little bit longer, he told Decrypt of the split approach.The company raised a $150 million Series C round in November 2021 led by Andreessen Horowitz, which valued the firm as a so-called unicorn at $1.25 billion. They dont know what a private key is.Over time, NFL Rivals plans to introduce more Web3 elements into the game experience, and potentially nudge players to check out those features. But if somebody says, Hey, Ill give you $100 US for that card because I want it for my collection, its going to educate people very quickly.Furthermore, Linden said that Mythical is discussing with Apple and Google the possibility of bringing the NFT marketplace directly into the NFL Rivals appa challenge given the tech giants respective stances towards NFTs. Apple and Google alike charge a sizeable fee on in-app purchases, up to a 30% cut, which is an awkward fit for Web3s decentralized platforms.Weve actually been working with both app stores around bringing the entire marketplace into the game, he said. I think were seeing a lot more receptive attitude.Mythical will continue pushing NFL Rivals, particularly with the new season ahead later this summer, plus it has the NFT-driven mobile drag racing game Nitro Nation World Tour on the horizon.