Mythical Games

Mythical Games

Develops blockchain-enabled games with asset ownership

Overview

Mythical Games builds game technology that uses blockchain to create and manage digital assets inside video games. Players can truly own, buy, sell, and trade in-game items secured on a distributed ledger with verifiable scarcity and integrated secondary markets. The company provides an end-to-end platform with tokenized assets, marketplaces, and developer/content-creator tools to deploy and monetize games within a shared blockchain-enabled ecosystem, backed by a veteran team and a focus on consumer adoption. Its goal is to grow the use of distributed ledger technology in gaming by enabling real ownership and fluid economies across multiple games and partners.

Significant Headcount Growth

About Mythical Games

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

Industries

Crypto & Web3

Gaming

Company Size

51-200

Company Stage

Series C

Total Funding

$298M

Headquarters

Los Angeles, California

Founded

2018

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Simplify's Take

What believers are saying

  • FIFA Rivals launched worldwide June 12, 2025, with Adidas multi-year licensing deal.
  • NFL Rivals exceeds 6 million downloads, generating $200,000 monthly iOS revenue.
  • Series D funding closed $37 million first tranche with ARK Invest and Eightco Holdings.

What critics are saying

  • NFL and FIFA licenses expire in 12-24 months, eliminating 30-40% revenue.
  • Worldchain integration fails within 6-18 months, collapsing player onboarding.
  • Mythos Chain congestion halts $400 million annual NFT volume in 12-24 months.

What makes Mythical Games unique

  • Mythical Games pioneers hybrid Web2/Web3 platform enabling true digital asset ownership.
  • Mythos Chain on Polkadot powers scalable NFT trading for NFL Rivals and FIFA Rivals.
  • Mythical Platform offers REST APIs for developers to integrate secondary markets seamlessly.

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Funding

Total Funding

$298M

Above

Industry Average

Funded Over

6 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

12%

1 year growth

17%

2 year growth

15%
Cointime
Oct 15th, 2025
Mythical Games secures investment from Eightco

On October 15th, Mythical Games, a Web3 game studio, announced a strategic investment from Eightco Holdings, a global financial services firm. This collaboration aims to enhance Mythical Games' mission to create a top-tier entertainment ecosystem and integrate verified human identities into gaming in the post-AGI era. Founded in 2018, Mythical Games has raised a total of $281 million, with investors like a16z, Scytale Digital, WestCap, and YZi Labs.

PR Newswire
Oct 13th, 2025
Eightco Holdings Inc. ($ORBS) Makes Strategic Investment into Mythical Games to Accelerate Human Verification and Digital Identity in Gaming

Joining strategic round alongside Cathie Wood's ARK Invest and World Proving gamers are playing against verified humans across gaming universes Investment...

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

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