Blockchain gaming company Mythical Games has migrated its Mythical Chain to the ecosystem. The transition allowed Mythos game partners to establish their own chains and create one of the most interconnected gaming ecosystems on the Web3.
The move also brings over 750,000 active Mythos chain wallets, along with a user base of over 5 million, to Polkadot.
With the addition of Mythos to Polkadot, the ecosystem instantly becomes one of the largest blockchain ecosystems for gaming. Furthermore, the migration of Mythos paves the way for other projects, both in the gaming and non-gaming space, to reap the benefits of Polkadot.
According to DotLake statistics, Mythos recorded 3.3 million transactions last Tuesday, a huge jump from less than 500,000 the day before. This increase was mainly due to the transfer of non-fungible tokens (NFTs) from Mythos. However, transactions across the entire Polkadot ecosystem dropped to 690,000 a day later, with 190,000 still coming from Mythos.
Mythical Games also launched its Mythos ecosystem on Polkadot. This decentralized autonomous organization (DAO) lowers the barriers to entry for game developers, allowing them to leverage Polkadot’s technology and community to build their own chains.
Mythical Games, known for its party games and its flagship game Blankos Block Party, has over 3 million monthly digital asset transactions. It has 200,000 active wallets that conduct over 1 million in-game transactions using over 1 million native MYTH tokens daily.
John Linden, founder and CEO of Mythical Games, said the decision to migrate to Polkadot was influenced by several issues with the Ethereum ecosystem. Even with L2 Rollups, slow transaction speeds could hamper Mythical Games’ expansion plans.
In addition, it was crucial to establish a security and governance infrastructure with full interoperability with other Mythos ecosystem partners.
Thanks to Polkadot’s flexible EVM module, Mythos Chain will maintain its compatibility with EVM addresses and allow developers to take full advantage of the WebAssembly-based Substrate framework. This change will unlock a wide range of technical possibilities for building the next wave of mainstream applications on Polkadot.
As part of this migration, Mythos will also benefit from Polkadot’s advanced cross-chain features, including native XCM and decentralized bridges like Snowbridge.
