| Founded | 2018 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Gaming |
| Total raised | $150M (Andreessen Horowitz, WestCap, Javelin, 2018–2021) |
| Collapse type | Mass Layoff Spiral |
| Founder | John Linden |
Mythical Games
"Blockchain gaming studio raised $150M from a16z and Andreessen to bring player-owned NFT economies to gaming—then laid off 50% of staff as the NFT market collapsed."
Cascading layoffs that accelerated the decline
Key Events Timeline
Mythical Games was founded in Los Angeles in 2018 by former Activision and Blizzard executives to build blockchain-enabled games where players could truly own, trade, and sell in-game items as NFTs.
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