Facebook’s shift to metaverse boosts the NFT boom! EOS blockchain game Blankos has received backing from FTX and Binance to challenge Axie Infinity (AXS) and The Sandbox (SAND)!
Mythical Games, the developer of the NFT game Blankos Block Party, announced a US$150 million funding round. Silicon Valley venture capital fund Andreessen Horowitz (a16z) leads the round. And, the round involves all-star investors including FTX, Binance Labs, NBA legend Michael Jordan, NFT entrepreneur Gary Vaynerchuk (Gary Vee), Michael Novogratz’s Galaxy Interactive, and others.
After the fundraising round, Mythical Games has a market valuation of $1.125 billion.
NFT game Blankos Block Party is developed on the EOSIO blockchain. It is an open, multiplayer gaming metaverse – similar to Animoca Brands’ NFT game The Sandbox.
Also, Blankos Block Party adopts the “Play-to-Earn” model. Players can design the game character Blankos. Each Blankos is an NFT, available for trading on the Mythical Marketplace.
Moreover, Blankos is working closely with Block.one, the blockchain developer with Richard Li’s backing. Block.one is the developer of the EOSIO blockchain – which Blankos adopts.
NFT Gaming War: Blankos VS Axie Infinity VS Sandbox
This May, Hong Kong billionaire Richard Li invested in Bullish, the new crypto exchange powered by Block.one and the EOS tokens. Silicon Valley legend Peter Thiel also joined the round. Additionally, Block.one’s founder Brendan Blumer, and the company’s major office is in Hong Kong.
Mythical Games, with a team of 150, is using the fresh capital to expand Blanks Block Party in 2022. It plans to launch the NFT game on other gaming platforms beyond PC.
Additionally, Mythical Games is working with mainstream gaming developers. Via its Mythical Economic Engine and Mythical Marketplace, it is providing a platform for traditional gaming studios – say, Electronic Arts and Grand Theft Auto game developer Take-Two Interactive. These partnerships will enable them to build their own NFT games and Play-to-Earn ecosystems.
Thereby, with a16z, FTX and Binance’s support, can Blankos compete with NFT gaming giants Axie Infinity and The Sandbox?
Facebook’s transformation to metaverse drives the mainstream NFT boom. Earlier this month, The Sandbox completed a fundraising of US$93 million. Investors include SoftBank Vision Fund, Blue Pool Capital – the family office of Alibaba’s Jack Ma and Joseph Tsai, Sun Hung Kai, and Samsung Next.
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