Eightco Holdings Elevates Digital Identity in Gaming with Mythical Games Investment

In a significant move to redefine digital identity within the gaming world, Eightco Holdings Inc. (NASDAQ: ORBS) has announced a strategic investment in Mythical Games. This funding round, alongside prominent investors such as ARK Invest and the World Foundation, aims to bolster human verification and digital identities in online gaming, ensuring that players engage with verified human counterparts.

The collaboration is viewed as a pivotal step in creating a trustworthy framework for the post-general artificial intelligence landscape. Eightco is positioning itself as a vital layer of authentication in various sectors, including gaming and enterprise environments, signaling a commitment to advancing innovative verification technologies. Dan Ives, President of Eightco, emphasizes that this investment not only enhances user experience but also fortifies the economic structure of gaming by marrying identity and entertainment, creating a trusted platform scalable worldwide.

Mythical Games, led by industry veteran John Linden, is revolutionizing the gaming industry through Web3 technology and digital ownership models. With a portfolio that boasts franchises like NFL Rivals, Pudgy Party, and FIFA Rivals, Mythical is pioneering the integration of gaming and blockchain. The company's forthcoming integration of its marketplace with Worldchain, a blockchain designed for proof of humanity and unique authentication, signifies a substantial advancement toward a secure and verifyable gaming infrastructure.

This partnership aims to facilitate seamless interoperability between in-game assets, wallets, and players' identities, offering verified ownership of digital assets. As the gaming industry evolves, such developments could drastically reduce fraud and enhance user engagement. Together, Eightco and Mythical Games, in conjunction with World, are carving the future of digital identity and economies for gamers worldwide.

Currently, Mythical Games operates online games that have accumulated over a million installations each: Pudgy Party, NFL Rivals, and FIFA Rivals, totaling over 10 million installations. The Mythical Marketplace features more than 9.6 million funded wallets, managing over $400 million in annual NFT sales. As gaming becomes integral to the digital economy, the introduction of verified identities and ownership is crucial.

John Linden, CEO of Mythical Games, articulates the vision of embedding identity and trust into the next generation of gaming experiences. He envisions a unified economic environment where digital ownership and fair play are not just aspirations, but guarantees. By aligning with Worldcoin, both organizations strive to create secure, human-verified accounts for billions of players, thereby connecting diverse gaming communities through a safe platform for transactions and interactions.

"The 9.6 million wallets held by Mythical demonstrate a robust user base ripe for this transformative alignment," acknowledges Ives. He anticipates that this collaboration, along with future agreements, will enhance the verified customer base within the gaming ecosystem.

About Eightco Holdings Inc.

Eightco Holdings Inc. is dedicated to building a robust layer of authentication and trust tailored for the post-general artificial intelligence landscape. The company’s strategic focus encompasses consumer identity verification, enterprise solutions, and gaming authentication. By leveraging pioneering approaches to digital assets, including its unique Worldcoin treasury, Eightco aims to set a universal standard for digital identity and proof of humanity verification.

About Mythical Games

Distinguished with accolades such as the Fast Company World Changing Ideas 2021 and Forbes Best Startup Employers 2024, Mythical Games is at the forefront of next-generation gaming. It provides players with ownership of their game assets via blockchain technology, reshaping their interaction within the gaming landscape. The team has a rich background, contributing to major franchises like Call of Duty and World of Warcraft, and is committed to enabling a new economy for players around the globe.

In summary, as Eightco and Mythical Games move forward, they are poised to create a lasting impact on the gaming industry by enhancing digital identities and securing the digital economy for countless players around the world. With an emphasis on verified ownership and trust, this partnership heralds a more integrated and secure future for gaming.