Mythical Games

Mythical Games

Develops blockchain-based gaming technology

About Mythical Games

Simplify's Rating
Why Mythical Games is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Differentiation

Industries

Crypto & Web3

Gaming

Company Size

201-500

Company Stage

Series C

Total Funding

$298M

Headquarters

Los Angeles, California

Founded

2018

Overview

Mythical Games creates advanced gaming products that utilize blockchain technology to enhance the gaming experience. Their main focus is on enabling players to truly own digital assets, which means that items in games can be bought, sold, and traded in a way that is secure and verifiable. This system allows for the creation of new economies within games, connecting players, developers, and content creators more closely. Unlike traditional gaming companies, Mythical Games emphasizes the importance of digital ownership and scarcity, which are made possible through the use of distributed ledger technology. The company's goal is to drive the adoption of this technology in the gaming industry, making it accessible and beneficial for all participants.

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Simplify's Take

What believers are saying

  • FIFA Rivals' partnership with Adidas enhances brand appeal and player engagement.
  • NFL Rivals' success demonstrates strong market fit for blockchain-based gaming.
  • Nitro Nation World Tour expands Mythical's reach into the racing game genre.

What critics are saying

  • EA's aggressive market strategies could challenge FIFA Rivals' growth.
  • Technical challenges in Polkadot migration may affect Mythical's reputation.
  • Dependency on Adidas for exclusive content could limit diversification.

What makes Mythical Games unique

  • Mythical Games integrates blockchain for true digital asset ownership in gaming.
  • The company partners with major brands like Adidas for exclusive in-game content.
  • Mythical Games leverages Polkadot's scalability for seamless gaming experiences.

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Funding

Total Funding

$298M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Remote Work Options

Performance Bonus

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

-5%
VentureBeat
Jun 12th, 2025
Mythical Games Launches Fifa Rivals Worldwide Touting Digital Ownership

FIFA Rivals, the officially licensed arcade-style mobile soccer game, is now available for download on the App Store and Google Play around the world.Powered by FIFA’s global license and Mythical Games’ hybrid Web2/Web3 game platform, FIFA Rivals delivers an arcade-style football experience with gamers building their dream teams and attempting to dominate their rivals by competing in live events and PvP leagues. Following a successful soft launch, the global launch introduces innovative features, fast-paced multiplayer, enhanced gameplay, and digital ownership, providing a fresh take on competitive football gaming. The system for the game’s monetization is similar to Mythical’s NFL Rivals game. Last week, Mythical announced that Adidas was throwing its support behind FIFA Rivals.“Football is the world’s game, and we’re thrilled to bring its billions of global fans an experience that captures the thrill of the sport, with the accessibility of mobile gaming,” said John Linden, CEO of Mythical Games, in a statement. “With FIFA Rivals, we’re blending high-energy arcade gameplay with team-building strategy and actual ownership in gaming. This is just the beginning of what we believe will become a landmark title in gaming.”John Linden is CEO of Mythical Games.In FIFA Rivals, gamers can build their dream football team from their favorite stars, teams, and leagues, compete in real-time PvP matches, and take on live events to climb the global leaderboards

VentureBeat
Jun 6th, 2025
Fifa Rivals Brings Sports Brand Adidas Into Its Universe With In-Game Content

FIFA Rivals is bringing the sports brand Adidas into its soccer universe with exclusive in-game content.Adidas is entering the world of FIFA Rivals with a series of digital products, features, andin-game content. The multi-year licensing agreement kicks off with the worldwide launch of FIFA Rivals on June 12th, the new officially licensed, arcade-style mobile football game from FIFA and Mythical Games, which makes hybrid Web2/Web3 games. In soft launch in just three countries, FIFA Rivals has 150,000 players already.The Adidas brand and products will be featured across FIFA Rivals, providing players with access to exclusive digital items, including kits, jerseys, and shoe releases inspired by the brand’s rich soccer heritage.“This is a great partnership for us. They definitely understand gaming well, which is awesome. And they, they’ve jumped in very happy. So we have a multi-year contract with with Adidas, it’s going to be very exciting

Decrypt
Feb 6th, 2025
‘Nfl Rivals’ Game Launches Super Bowl Player Cards And Rewards

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEMythical Games kick-started a Super Bowl promotion on Thursday for its NFT-infused mobile game NFL Rivals, unlocking new cards exclusive from this year’s top teams, the Kansas City Chiefs and Philadelphia Eagles.The two-week promotion will bring to bear 30 new player cards of different rarities that players can earn via packs or campaigns. In addition to the new cards, the promotion will offer a variety of ways for users to earn rewards—including via Hero Events, where users can choose between two star offensive or defensive players to compete.In each week of the promotion, users will receive a ticket to participate in the selected Hero Event.NFL Rivals Super Bowl LIX is spicy!Players? ✅Chases? ✅Events? ✅Predictions? ✅ Read more below ⬇️🌶️🔥 pic.twitter.com/DdOM5UBmMH — NFL Rivals 🏈 (@PlayNFLRivals) February 5, 2025Additionally, users can earn rewards based on what is happening in the real Super Bowl game this coming Sunday. Players will have the opportunity to play live events tied to real moments in the game, and also wager in-app items like coins and gems on outcomes like the coin toss or the final score.NFL Rivals is available for free download via iOS and Android devices. The game, which features tap and play football with real NFL players, operates similarly to the Ultimate Team mode from EA Sports titles like Madden or FIFA.Limited edition cards in the game are minted as NFTs on the Mythos blockchain, a gaming-centric chain built on Polkadot technology, where they can be traded with the MYTHOS token on the Mythical Market.Decrypt reached out to Mythical Games about whether the new Super Bowl cards are available as tradable NFTs, but did not immediately receive a response.NFL Rivals has been downloaded more than 6 million times to date across platforms, according to Mythical Games. The game has earned more than 70,000 downloads via the iOS App Store in the last month, generating more than $200,000 in revenue during that time according to data from Sensor Tower.Mythical Games has raised $297 million since 2018 across multiple rounds, per data from Crunchbase, attracting notable investors like Andreessen Horowitz, Animoca Brands, ARK Invest, and NBA legend Michael Jordan in the process.The firm is also working on an officially licensed FIFA Rivals game, as well as a Pudgy Penguins game called Pudgy Party.Edited by Andrew Hayward

Tech Startups
Jan 27th, 2025
Ea Sports Faces Soccer Setback While Fifa Eyes Fresh Start With Mythical Games

Electronic Arts (EA), the video game giant whose soccer simulations have long dominated the genre, has hit an unexpected rough patch. The company’s largest gaming franchise, which rebranded from FIFA to EA Sports FC last year, is experiencing slower-than-anticipated sales and engagement. EA shares slid more than 16% on January 23, marking their steepest single-day drop in nearly 17 years.EA’s Soccer Rebrand FaltersFor decades, EA’s FIFA franchise reliably delivered a sizable chunk of the company’s revenue. According to Visible Alpha, EA’s soccer titles and linked Ultimate Team service have historically accounted for nearly half of EA’s total net bookings. After the switch to EA Sports FC in 2023, the initial reception was decent; however, the latest iteration which launched in September appears to be struggling.EA has cut its net bookings forecast for the fiscal year ending in March by up to $650 million, primarily due to the underperformance of its soccer business. The recent shortfall contrasts sharply with FIFA’s traditional resilience, raising concerns about where EA’s growth will come from if its biggest franchise can’t regain its footing

Tech Startups
Aug 1st, 2024
Gaming Levels Up On Polkadot As Studios Score Success

We’ll look back on 2024 as a very good year for GameFi. There have been few bona fide smash hits that have “pulled an Axie” and gotten mainstream gamers FOMO’ing in, it’s true. But quietly, the foundations have been built for an industry that appears poised to stand the test of time and whose future is no longer reliant on pumpamentals.In 2024 we saw games launched with sustainable token economies; the rise of tap-to-earn mini-games; the blurring of video gaming and GameFi; and the emergence of Polkadot as a serious gaming chain. Much of this success has been thanks to Mythical Games, whose NFL Rivals release has shown that there is a product-market fit for GameFi titles that tap into a ready-made fanbase.Polkadot’s Big Year of GamingPolkadot was conceived as a general-purpose web3 chain, and it remains so but is beginning to find its core competencies. Just as Solana has become the memecoin network of choice and EVM L2s have proven ideal for onchain perps and prediction markets, Polkadot is proving that its architecture is well suited to hosting gaming.Much of this is simply down to the scalability of the main chain and its interconnected parachains, which can handle high-volume dapps without performance degradation. This is achieved while keeping network fees negligible

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