Mythical Games bought Ukrainian gaming blockchain company DMarket, valued at $70-$100 million

Mythical Games bought Ukrainian gaming blockchain company DMarket, valued at $70-$100 million

On January 25, 2023, the American game startup Mythical Games announced the purchase of the Ukrainian company DMarket, which specializes in trading items from computer games. For the buyer, this is already the third takeover in the last year.

We help

Unrecognizable

The amount of the deal was not disclosed. However, DMarket co-founder Vlad Panchenko said that the company is “satisfied with the conditions it has received.” According to AIN estimates, the value of DMarket may be $70-$100 million.

It is also reported that the Kyiv office of DMarket will become part of the Mythical East division, and the co-founders of the Ukrainian company, Vlad Panchenko and Tamara Slanova, will join Mythical’s management and work on gaming marketplace technologies.

As a result of this agreement, Mythical Games announced the launch of the Mythical Marketplace 2.0 gaming marketplace. It is built on the new Layer 1 EVM blockchain and works with Myth’s own tokens. Marketplace 2.0 enables p2p transactions and opportunities for players to participate in the game economy. As a result of the agreement with DMarket, the company will have the second largest processing of digital assets on the blockchain (after Ethereum Mainnet).

Course

MANAGER OF WORK WITH CLIENTS

Become a sought-after specialist and receive your dream offer.

REGISTER!manager

DMarket has also connected Mythical Chain to its existing marketplace, which will continue to operate outside of Mythical Marketplace. Sales will still take place in USD, but all transactions will be recorded on the Mythical Chain blockchain.

Source: AIN

Related Posts

Take care, Apple. Samsung is working with Google and Qualcomm on new augmented reality devices

Samsung’s Unpacked event wasn’t just about the Galaxy S23 and Galaxy Book 3. The company said it’s working on an augmented reality wearable, XR, (ie augmented, mixed…

2E Gaming Chair Bushido review: budget gaming chair with increased reliability

Today we will talk about a gaming chair from the company 2E Gaming called Bushido. It is a budget, attractive and, most importantly, convenient option for long…

Bitcoin Hits Highest Level Since August 2022 – After Interest Rate Cuts and Fed’s Statement on Softening Inflation

Digital assets are coming to their senses after last year’s crypto disasters and the collapse of crypto exchanges such as FTX: Bitcoin is hovering at its highest…

An era has passed: the last Boeing 747 was handed over to the customer – 1,574 airliners were produced over 50+ years

The Boeing company discontinued the iconic model of the Boeing 747 wide-body airliner and handed over the last model produced to the customer. We help The handover…

Between the “Kyiv Digital” and “Diya” applications, you can now search documents in order to take the evacuated car from the penalty area as soon as possible

The Ministry of Digital Transformation announced the integration of “Kyiv Digital” and “Diya” applications. This simplified the exchange of documents when returning the car from the penalty…

Adaptation to shutdowns and a decline in orders: what is happening to the freelance market in Ukraine?

Due to large-scale missile attacks by the Russians in the fall, Ukraine faced a new challenge – blackouts. And if at first it seemed that work was…

Leave a Reply

Your email address will not be published. Required fields are marked *