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Polkadot

April

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<li><strong>Mythical Games is migrating its Mythical Chain from Ethereum to Polkadot and launching its new Mythos ecosystem on Polkadot.</strong></li>
<li><strong>The move enables Mythos gaming partners to build their own chains and create the biggest, most connected gaming ecosystem in Web3.</strong></li>
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<h2 id="mythical-games-migrates-from-ethereum-to-polkadot">Mythical Games Migrates from Ethereum to Polkadot</h2>
<p>Next-generation game technology company Mythical Games <a href="https://www.ethnews.com/polkadot-and-kusama-billion-industry-connection-composable-finance-launches-centauri-unlocking-defi-opportunities/">has announced</a> its plans to migrate its Mythical Chain to the Polkadot ecosystem, leaving Ethereum in favor of the decentralized and interoperable multichain network. The move <a href="https://www.ethnews.com/unleash-the-bulls-polkadots-latest-updates-signal-a-potential-rise-in-dot-price/">will enable</a> Mythos gaming partners to build their own chains and create the largest and most connected gaming ecosystem in Web3.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">1/ <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;" />Mythical Games (<a href="https://twitter.com/playmythical?ref_src=twsrc%5Etfw">@playmythical</a>) — the #1 gaming blockchain — and the <a href="https://twitter.com/NFL?ref_src=twsrc%5Etfw">@nfl</a> are coming to Polkadot! It’s time to move the chains… <a href="https://t.co/NGBinLWjxN">pic.twitter.com/NGBinLWjxN</a></p>
<p>&mdash; Polkadot (@Polkadot) <a href="https://twitter.com/Polkadot/status/1651209610336915456?ref_src=twsrc%5Etfw">April 26, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="mythos-ecosystem-on-polkadot">Mythos Ecosystem on Polkadot</h2>
<p>As part of the move, Mythical Games <a href="https://www.ethnews.com/powered-by-polkadot-the-wolf-of-wall-street-goes-blockchain-limited-edition-nft-series-now-available/">will launch</a> its Mythos ecosystem on Polkadot, which is a decentralized autonomous organization (DAO) established to reduce barriers to entry for game developers. The ecosystem allows Mythos gaming partners and projects to leverage Polkadot’s unique technology and community <a href="https://www.ethnews.com/polkadots-impressive-milestones-boost-dot-price-but-referendum-faces-resistance/">to build</a> their own chains and create a scalable platform that is accessible to all Mythos partners and compliant with Web2 gaming platforms.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Exciting news for the Polkadot community! </p>
<p>According to recent data, <a href="https://twitter.com/Polkadot?ref_src=twsrc%5Etfw">@Polkadot</a> ranks #1 among top blockchains by weekly development activity.</p>
<p>This shows the dedication of the team and developers toward enhancing the ecosystem. <a href="https://twitter.com/hashtag/Polkadot?src=hash&amp;ref_src=twsrc%5Etfw">#Polkadot</a> <a href="https://twitter.com/hashtag/DOT?src=hash&amp;ref_src=twsrc%5Etfw">#DOT</a> <a href="https://t.co/yyqTixoPnA">pic.twitter.com/yyqTixoPnA</a></p>
<p>&mdash; Polkadot Insider (@PolkadotInsider) <a href="https://twitter.com/PolkadotInsider/status/1653025729062526983?ref_src=twsrc%5Etfw">May 1, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="benefits-of-migrating-to-polkadot">Benefits of Migrating to Polkadot</h2>
<p>The decision <a href="https://www.ethnews.com/polkadot-billion-company-axel-springer-partners-kilt-protocol-with-innovative-tech/">to migrate</a> to Polkadot was made due to Ethereum&#8217;s relatively slow transaction speeds and scalability issues, which would ultimately hinder Mythical&#8217;s scaling plans with its new games. Additionally, Polkadot&#8217;s commitment to innovation, security, and governance provides the most value for the Mythos community. The move <a href="https://www.ethnews.com/ethereum-community-still-apprehensive-toward-polkadot/">will also benefit</a> the Polkadot ecosystem by bringing Mythical&#8217;s advanced features, streaming technologies, and Web3 gaming expertise.</p>
<h2 id="scytaledigital-partnership">ScytaleDigital Partnership</h2>
<p>ScytaleDigital, a digital asset manager with a focus on blockchain solutions, is a valued partner in the deal. Scytale largely <a href="https://www.ethnews.com/ethnews-exclusive-gavin-wood-on-polkadot-a-broken-internet-and-the-future-of-cryptoethnews-exclusive-gavin-wood-on-polkadot-a-broken-internet-and-the-future-of-crypto/">invests</a> in projects building real-world solutions across different Web3 ecosystems, and it has invested in 15 projects to date, including gaming, music, legaltech, security, as well as blockchain and metaverse infrastructure, among others.</p>
<p>In conclusion, Mythical Games&#8217; <a href="https://www.ethnews.com/parity-and-web3-foundation-launch-polkadot-poc-1/">move to</a> Polkadot is a significant step towards creating the most connected gaming ecosystem in Web3. The migration to Polkadot will enable Mythos gaming partners to build their own chains and create a scalable platform that is accessible to all Mythos partners and compliant with Web2 gaming platforms. The partnership with ScytaleDigital brings <a href="https://www.ethnews.com/melonport-brings-digital-asset-management-to-polkadots-multi-chain-framework/">added</a> expertise and investment to the deal, driving adoption of Mythical and Polystream across Polkadot&#8217;s burgeoning ecosystem.</p>
<div class="cryptoboxes" id="mcw-12512" data-realtime="on"><div class="mcw-chart mcw-chart-light" data-font = "inherit" data-chartcoin = "DOT" data-chartcurrency = "USD" data-chartrate = "1.000268" data-charttype = "chart" data-chartview = "day" data-charttheme = "light" data-chartsmooth = "true" data-chartareacolor = "" data-chartbgcolor = ""></div></div>
<p>The post <a rel="nofollow" href="https://www.ethnews.com/polkadot-dominates-billion-dollar-market-with-the-arrival-of-mythical-securing-top-spot-as-industry-leader-in-its-ecosystem/">Polkadot Dominates Billion-Dollar Market with the Arrival of Mythical, Securing Top Spot as Industry Leader in its Ecosystem</a> appeared first on <a rel="nofollow" href="https://www.ethnews.com">ETHNews: Bringing you the news of everything blockchain, Ethereum, and the internet.</a>.</p>

Polkadot Dominates Billion-Dollar Market with the Arrival of Mythical, Securing Top Spot as Industry Leader in its Ecosystem

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