Eightco Holdings Invests in Mythical Games to Enhance Digital Identity Authentication in Gaming
Eightco Holdings Invests in Mythical Games
Eightco Holdings Inc. (NASDAQ: ORBS), a leading player in digital identity authentication, has announced a strategic investment in Mythical Games. This investment marks a significant step in enhancing human verification and digital identity in the gaming industry, especially in the realm of Web3 technologies. Together with prominent partners such as ARK Invest and Cathie Wood's World Foundation, Eightco is poised to redefine how players interact in virtual environments.
The company's participation in the Series D funding round for Mythical Games underscores Eightco's mission to solidify its role as a critical layer of trust in the post-Artificial General Intelligence (AGI) world. Eightco believes this investment will further enhance its capabilities as a trusted authentication layer, enabling users to engage in more secure and verifiable gaming experiences across various game universes.
Dan Ives, Chairman of Eightco, articulated the significance of this move, stating, “This investment marks another foundational initiative in our mission to become the authentication layer of the post-AGI economy. Our vision extends to vital areas including enterprise and gaming authentication. By collaborating with visionary leaders like John Linden at Mythical Games, we are bridging digital identity with entertainment, creating a global framework of trust.”
Mythical Games, renowned for its pioneering approach to Web3 gaming and digital ownership, is led by John Linden, an industry veteran previously associated with the Call of Duty franchise. The company is quickly expanding its portfolio of highly engaging games, which include significant titles such as NFL Rivals, Pudgy Party featuring the beloved Pudgy Penguins, and FIFA Rivals. With plans to integrate these offerings with Worldchain, a blockchain designed for human verification and single sign-on, Mythical Games aims to establish a secure and verifiable gaming infrastructure.
By collaborating with Eightco and Worldcoin, Mythical Games will ensure a seamless integration of gameplay with verified digital identities, providing players not only ownership of their gaming assets but also protection against fraud. This strategic alignment promises to enhance the gaming experience by enabling interoperability between gaming assets, wallets, and identities.
Mythical Games has already launched three successful titles, each boasting over a million installs. Their new marketplace, which supports over 9.6 million funded wallets and manages NFT sales exceeding $400 million annually, exemplifies their commitment to bringing vibrant, economically viable gaming experiences to life.
Linden emphasized the potential of this partnership: “Mythical is integrating with Worldchain to bring identity and trust into the next era of gaming. We want every player, whether in FIFA Rivals, Pudgy Party, or NFL Rivals, to be part of a verified global economy where digital ownership and fair play are guaranteed.”
As both companies move forward, the collaboration aims to unlock innovative avenues for players, offering them new ways to engage with their favorite games while translating the values of real-world identity and trust into the digital gaming ecosystem. The strategic partnership is set to foster growth, attract more users, and ensure a secure and fair gaming environment across platforms.
In summary, Eightco's strategic investment in Mythical Games not only signals an important step towards enhanced digital identity verification but also paves the way for the future of gaming where authenticity, trust, and player ownership are paramount. As the gaming landscape evolves, collaborations like these will shape a more secure and engaging experience for players worldwide, moving towards a comprehensive digital economy rooted in verified identities and innovative technologies.