Quick take:
- DMarket’s co-founders will join Mythical Games’ leadership team.
- The tech startup has also adopted the Mythical Chain for its existing marketplace.
- The Mythical Chain has been live for six weeks, processing over 2 million transactions.
Gaming technology studio, Mythical Games, has acquired marketplace tech startup, DMarket for an undisclosed amount. Following the acquisition, the gaming studio launched a new digital asset marketplace integrated with DMarket’s technology.
The gaming technology studio said that its new marketplace built on its layer 1 EVM blockchain makes Mythical the world’s second-largest processor of digital assets on a distributed ledger after the Ethereum mainnet as of December. Mythical Chain has processed over 2 million transactions since going live six weeks ago.
As part of the acquisition deal, DMarket’s co-founders Vlad Panchenko and Tamara Slanova, will join Mythical’s Executive leadership team, focusing on building the best and easiest marketplace technology for the gaming industry.
Founded in 2017, DMarket’s partners and customers include Darewise, GSC Game World, the Na’Vi esports team, Unity, Xsolla, and others. The company’s office in Kyiv, Ukraine, will become part of Mythical East, with its headquarters in Lisbon, Portugal.
“The new horizons of the gaming space have always been the main focus for DMarket. We’re excited to become a part of Mythical Games’ work to reduce barriers to entry for innovative game developers and thriving new economies,” said Vlad Panchenko, co-founder and CEO of DMarket.
DMarket has also adopted the Mythical Chain for its existing marketplace, which will continue to operate outside of the Mythical Marketplace. DMarket.com will retain its existing features with purchases in USD in the web experience; however, all trades are recorded on the Mythical Chain to provide full transparency to the community.
Mythical’s Marketplace 2.0 has fully integrated DMarket’s technology to include its blended payment gateway featuring a powerful AML and anti-fraud protection system.
The Marketplace 2.0 also enables peer-to-peer transactions and will support NFL Rivals and Nitro Nation World Tour assets, with plans to expand to all Mythical titles on the Mythical Chain.
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