The Mythos Foundation (the “Foundation”), along with the Mythos Blockchain Ecosystem DAO (the “Mythos Ecosystem and/or Mythos DAO”) (collectively, “Mythos”), have been established to simplify, standardize and democratize Web3 gaming.
Mythos aims to democratize the gaming world and allow for players and creators to participate in the value chain. It is grounded in the support of multi-chain ecosystems, unified marketplaces, decentralized financial systems, decentralized governance mechanisms and multi-token game economies.
Mythos is spearheading funding, development and distribution of gaming, token and blockchain technologies to reduce barriers to entry for innovative game developers wanting to build a thriving play-and-own economy, thereby allowing for more web3-based interactive experiences to be created, and to reach a wider audience.
This opens the doors for players to enjoy a broader and more diverse gaming market where studios are limited only by their imaginations.
Mythical Games is the initial contributor and supporter of Mythos. Mythical is providing support and fully committing to integration of Mythos standards and technology and adoption of the Mythos utility token in order to fuel next-generation game development and Web3 gaming utility. Mythical is also helping recruit the first set of Mythos governance partners and advisors from gaming and related industries.
THE MYTHOS TOKEN (MYTH)
The Mythos Token (MYTH)
MYTH is the interoperable native utility token used in these decentralized efforts and provide opportunity for anyone to participate and contribute within the ecosystem - adding governance, and value, to game developers, publishers, and content creators.
Mythical Games is the first to adopt MYTH as its native utility token on the Mythical Chain, and uses the token on its Mythical Marketplace.
MYTH is an ERC-20 mainnet token with a total fixed supply of 1,000,000,000 tokens.
AREAS OF FOCUS
Mythos Foundation is initially focused on five key areas of development:
Cross-chain infrastructure and NFT transport
The evolution of NFTs and game economies for game developers and publishers
Integration and support for gaming guilds and guild communities
The growth of traditional esports participation in Web3
Collaborating with traditional gaming platforms to craft new policies that support the next generation of games and gamers
MYTH is the governance token that is used to vote on all proposals through the Mythos DAO.
MYTH is the native token of the Mythical Chain which underpins all products from Mythical Games.
MYTH is the primary token on the current Mythical Marketplace powering Blankos Block Party transactions.
MYTH is the unit of account on the new Mythical Marketplace 2.0, supporting future games. All transactions and exchanges in the Mythical Marketplace are powered by the MYTH token.
MYTH is the native token of exchange at Dmarket.com (powering nearly 2m transactions a month from over 175k monthly accounts).
MYTH is the native token for all proposed Mythos ecosystem projects.
The Foundation is proposing the assembly of three subcommittees that will support the growth and trajectory of the Mythos Ecosystem. The three proposed subcommittees will cover the following areas:
Game Development / Publishing:
Web3 and Metaverse Infrastructure
eSports / Guilds
In addition to the three subcommittees, the Foundation is proposing the formation of a Special Council consisting of five members elected by a majority vote of the Mythos DAO.
The Special Council plays a supporting and coordinating role for the Mythos Foundation and DAO. The Special Council is the primary governing and administrative body of the Foundation and must attend meetings, review proposals, and vote on proposals among other duties.
The initial Special Council is composed of five members, including a Mythical Games representative, and four representatives from the Subcommittees. Special Council members will serve for one year terms and, following the appointment by the Foundation of the initial members of the Special Council, the members of the Special Council will be subsequently elected by a vote of the tokenholders.
All MYTH holders have the ability to submit, review and vote on all subcommittee and Special Council members, as well as all Mythos Ecosystem proposals.
Advisors will be added to the Foundation to help with issues in the gaming, Web3, sports, and entertainment industries.
These advisors will be individuals and separate from the subcommittees and Special Council. They will be available on an as needed basis for introductions, expertise, and feedback on proposals and Mythos activities. The initial list of advisors is expected to include:
Former COO of Sanrio
Chairman of Animoca Brands
Chief Product Officer of 100Thieves
Chief Corporate Alliance Officer of FaZe Clan
Alex Pall and
The Chainsmokers & MANTIS VC
Head of Web3 at UTA
Partner at 01 Advisors,Former COO of Twitter
Executive Vice President, Talent & Business Development of Masterclass
Partner at Redbird Capital, Former President of the Cleveland Browns and COO of the Dallas Cowboys
Co-Founder Gen.G Esports, Co-Founder Rally Network, Former COO of Kabam
IN VISION & WISDOM
IS BORN LEGEND