Novogratz’s EOSIO Fund and OKCoin Invest in Blockchain Entertainment Startup Mythical Games

Mythical Games, a blockchain gaming startup, has raised $16 million in a Series A funding round led by Digital Galaxy, the venture company of US billionaire Michael Novogratz. Cryptocurrency exchange OKCoin as well as VC firms Javelin Venture Partners, Fenbushi, and Noris have also participated in the fundraising procedure, Mythical Games said in a press release on Friday.

Digital Galaxy invested in the startup through its special EOSIO fund, which is a joint venture between Novogratz and Block.one, the body that develops the EOS (EOS) virtual coin and EOSIO blockchain. Mythical Games will initially implement the Block.one distributed ledger technology (DLT) in its upcoming platform. The firm plans to use the…

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