The MYTH Token, a Digital Currency Fueling Next-Gen Gaming – Crypto News – Crypto News
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The MYTH Token, a Digital Currency Fueling Next-Gen Gaming The MYTH Token, a Digital Currency Fueling Next-Gen Gaming

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The MYTH Token, a Digital Currency Fueling Next-Gen Gaming – Crypto News

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    Summary:

  • After the desktop version was shut down in 2023, Blankos Block Party by Mythical Games, powered by MYTH token is finally coming to mobile.

After extensive preparation and mixed results, it looks like Web3 gaming will deliver on its promises in 2025. The industry is gearing up for an unprecedented wave of game launches, armed with advanced AI tools and powered by $12 billion in cumulative funding invested in the past five years.

Tokens set Web3 apart from traditional games 

Tokens are a key element that differentiates Web3 from traditional Web2 games. Holders are rewarded for activities that benefit the project, and tokens serve as “keys” that let players access exclusive features, enter restricted parts of a game, etc. Blockchain technology ensures secure and transparent token ownership verification. Some games use a single ERC20 token, while others can have two or more. Still others use NFTs instead of fungible tokens for economic activity.

After the desktop version was shut down in 2023, Blankos Block Party by Mythical Games is finally coming to mobile. The eagerly anticipated Web3 game could be one of the first to break into mainstream mobile gaming, inspiring others to follow suit. The ways in which Blankos Block Party made its mark on NFT gaming continue to affect the industry. It took playable NFTs mainstream by presenting itself as an exciting multiplayer game that secretly used these tokens. Blankos players don’t need knowledge of blockchain or crypto wallets. The game achieved the feat of integrating blockchain without alienating mainstream gamers: more than 85% of marketplace transactions were in USD.

MYTH adds governance and value to a vast ecosystem

The Mythos Token (MYTH) is at the core of a dynamic ecosystem, powering Blankos and other mobile-friendly Mythical Games offerings, like NFL Rivals and Nitro Nation. MYTH is available for trading on Gate.io, HTX, Uniswap, and MEXC, and decentralized trading is possible on Hydration. This interoperable native utility token allows developers, publishers, and content creators to contribute to the ecosystem. There has been an average of 30 million MYTH in daily transfers over the past week, signaling powerful on-chain momentum. This number is expected to increase as the community grows and FIFA Rivals and the AAA mobile video game Pudgy Party roll out in 2025.

MYTH is burned with each in-game transaction, reducing supply to achieve a deflationary effect. What’s more, managing it is effortless thanks to support from Nova, SubWallet, and Talisman wallets. These trusted platforms guarantee secure storage and transfer. Oak Security has carried out a comprehensive audit, and the net flow on Mythical Marketplace, where ecosystem members can sell, buy, or trade in-game assets, has increased by 34% in the past year.

The watershed AI moment didn’t pass Web3 games by

Mythical Games is launching Pudgy Party in collaboration with Pudgy Penguins in 2025. AAA designates video games distributed by a major or midsized publisher with relatively high marketing and development budgets. It can take up to seven years to develop an AAA title. In comparison, a simple puzzle game launches within a few months.

Web3 titles have the added complexities of smart contracts, blockchains, NFTs, and cryptocurrencies to consider. However, the AI revolution hasn’t passed the industry by, and AI tools have cut Web3 game development timelines by as much as 65%. As mentioned, quite a few promising projects are preparing for release. The billions invested in 2020-2023 are coming to fruition, compensating for the cooling of recent funding rounds. The myriad of Web3 gaming projects that were delayed by scalability concerns and complex blockchain integrations are about to launch as advanced AI tools are helping studios code smart contracts, generate complex environments, and optimize game balance in a fraction of the time once needed.

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