Eightco Holdings Makes Strategic Move with Mythical Games Investment
Eightco Holdings Inc. Expands Its Reach by Investing in Mythical Games
Eightco Holdings Inc. (NASDAQ: ORBS) recently revealed a pivotal investment in Mythical Games, a move set to amplify the verification of human identity in the gaming industry. This strategic partnership not only aligns with the ongoing trend of integrating blockchain technology into gaming but also positions Eightco as a leading player in post-Artificial General Intelligence (AGI) environments.
The investment comes alongside other influential players such as ARK Invest and World Foundation, showcasing the significance of this funding round, which is expected to close in the week of October 20. With this venture, Eightco aims to solidify its role as a trustworthy authentication layer in providing digital identity solutions.
Dan Ives, president of Eightco, articulated the significance of this investment, stating, "This investment marks another key step in our mission to become the authentication layer in the post-AGI economy. Our vision encompasses critical areas such as business and game authentication. Partnering with visionary leaders like John Linden and Mythical Games bridges the gap between digital identity and entertainment, creating a global framework of trust."
Mythical Games: Leading the Charge in Web3
Mythical Games is at the forefront of Web3 gaming, led by industry veterans including former Call of Duty studio head John Linden. The company focuses on creating digital ownership within its games, facilitating a new economy for players through blockchain integration. They are already recognized for their expansive portfolio, which includes popular titles like NFL Rivals, Pudgy Party, and FIFA Rivals.
With their dedication to building a secure and verifiable gaming infrastructure using Worldchain, a blockchain solution aimed at Proof of Human (PoH) verification, Mythical Games is poised to reshape how players interact with digital assets. Ives notes that this foundation for player verification and asset ownership significantly mitigates risks of fraud, enhancing user engagement within gaming ecosystems.
A New Era of Digital Identity
By collaborating with Mythical Games and Worldcoin, Eightco is stepping into the future of digital identity, ensuring that each player within its gaming platforms can participate in a verified global economy. Blockchain technology will allow players to securely hold and exchange assets across various games while retaining comprehensive ownership.
"Each player in our ecosystem will not only enjoy seamless interactions across games like FIFA Rivals or NFL Rivals but will also benefit from the confidence that their digital assets are secured and verified. The integration of Worldchain is a leap forward in ensuring that gaming environments uphold fairness and security, which we believe will attract millions of players globally," emphasized John Linden.
The partnership sets the stage for innovative developments that will shape the next generation of gaming and identity verification in an ever-evolving digital landscape. With Mythical already hosting three live games with over a million installations each, their momentum in the gaming market combined with Eightco's vision for trusted authentication signifies a robust pairing for future growth.
Looking Forward
As Eightco and Mythical intensify their collaboration, they aim to not just enhance the gaming experience but also build a universal infrastructure for verified digital identities. This strategic alignment signals a commitment to revolutionizing the interaction between players and digital gaming, setting a benchmark for future developments in the industry.
In conclusion, through this significant investment and collaboration, Eightco Holdings Inc. and Mythical Games are paving the way for a transformative shift in the gaming world, promising to enrich user experience while fostering a secure digital ecosystem.