One of the key factors contributing to the success of Mythical Games’ Web3 games is the implementation of secondary trading. In NFL Rivals, players can trade their Web3 assets with other players, resulting in a 50% increase in revenue. The introduction of Quick Trades, a feature where players can agree to trade players without any money changing hands, has further boosted activity in the secondary market. With Quick Trades, Mythical Games has seen a significant increase in transactions, from 100 per day to 6,000 or 7,000. These cashless transactions do not require payment to app stores, benefiting both the developers and platforms like Apple and Google.
Mythical Games has also launched the Web3 game Nitro Nation World Tour, with plans to enable trading across multiple games in the future. While the current trading system is limited to Mythical’s chain, Linden believes that as more high-quality developers enter the Web3 market, trading across different game companies will become possible. Linden anticipates that industry giants with big intellectual properties will move into the Web3 gaming market within the next nine to 12 months.
Another significant development in the Web3 gaming space is the collaboration between Mythical Games and Pudgy Penguins. Pudgy Penguins has successfully created a mainstream presence through its retail partnerships with Walmart and Target and its growing social media following. By working together, Mythical Games and Pudgy Penguins aim to build a game that will be played by millions, further pushing Web3 into the mainstream market.
In terms of future plans, Mythical Games intends to bring their original Web3 game, Blankos Block Party, to mobile devices. The company believes that a hybrid model, combining Web2 and Web3 elements, will attract a larger audience on mobile platforms. Linden hopes to reach 10 million players for NFL Rivals this year, and the company is looking to expand into other sports such as hockey.
Overall, the adoption of Web3 technology in gaming is evolving rapidly, with more game studios building on Web3 and creating engaging experiences for players. Mythical Games aims to continue pushing the boundaries of Web3 gaming and plans to announce more new games in the future. With the support of major brands and the positive reception from gamers, the scammy nature associated with some Web3 games could become a thing of the past. As the industry grows and matures, Web3 games have the potential to revolutionize the gaming landscape and provide unique experiences for players.
