Mythical Games, the event firm behind Blankos Block Party, has introduced the acquisition of the metaverse streaming platform Polystream this week.
The acquisition announcement follows Mythical Games’ profitable elevating of $150m at a $1.25 billion valuation because of a sound led by Andresson Horowitz again in November 2021.
“Our mission, from day one, was to disrupt everything we know about cloud-native gaming. I can’t express how excited I am today that now, as part of Mythical Games, our platform will bridge the gap between blockchain-based technology and millions of consumers, bringing the benefits of NFT gaming to an even larger stage via accessible mass-market games,” mentioned Bruce Grove, co-founder and CEO of Polystream.
“We’ve been following Mythical for a long time, and they share our vision of a metaverse that not only hands ownership of IP back to the creators and the users, but importantly, makes it fun. I’m so proud of all my team for never giving up on building the impossible, and we can’t wait to start working with our new friends and colleagues at Mythical.”
The inclusion of Polystream implies that Mythical can work extra in the direction of innovating the world of recreation publishing within the metaverse, bridging the hole between mainstream recreation improvement and blockchain expertise.
The acquisition of Polystream by Mythical Games brings the latter’s whole workers quantity as much as over 200. And, factoring within the technical experience, each of Polystreams workers and its underlying expertise, these would allow Mythical to take its mannequin additional out into the metaverse. John Linden, Mythical Games’ CEO seeing the acquisition as having the ability to accomplish simply that.
“I consider the mixture of the Mythical Platform and Polystream’s revolutionary strategy to command streaming fulfills large elements of the web3 ideology known as the ‘Metaverse’. Mythical now has not solely the financial engine however a proprietary, patented streaming tech stack to ship these unimaginable 3D worlds in a matter of seconds throughout practically any platform.
You can study extra about Polystream by visiting the web site proper right here.
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