Terminator 3: the redemption
Mythical Games raises $75M to build an NFT game engine They knew we weren’t raising but they said, ‘Hey, let’s do this now…’ And we’re sitting in such a great position now where we have many years of capital at this point.” “And came to us early and they kind of preempted everybody else. “We weren’t planning on raising for quite a few more months,” CEO John Linden tells TechCrunch. Mythical Games’ sole title Blankos Block Party is an NFT-based game that’s only been in “early access” for a few months and has a player base of monthly active users just in the “high tens of thousands,” according to the company.
#Terminator 3: the redemption series
Mythical Games is raising a $150 million Series C from the firm at a $1.25 billion valuation just a few months after it closed a whopping $75 million Series B. While the NFT space in general is quite young, a16z’s latest unicorn NFT bet is a bit earlier than usual. Just last month, they backed the team behind play-to-earn crypto game Axie Infinity with a $ 3 billion valuation. They participated in a September raise for NBA Top Shot-maker Dapper Labs, which valued the company at a whopping $7.6 billion. In July, they backed NFT marketplace OpenSea at a $1.5 billion valuation.
A16z Crypto has been minting plenty of NFT unicorns this year.