Mystic Games, based in Stockholm, Sweden, has successfully secured $1.3 million in a seed funding round. This investment will help the company to expand its team and continue its development of the upcoming mobile game, Call of the VoYd.
The current Mystic Games team of six is a testament to their collective experience coming from the likes of Miniclip, Voodoo, King and Rovio, all known for their daunting personalities in the gaming industry.
In a recent statement, the company made it clear that they are a blockchain gaming development studio specializing in the integration of Web3 into mobile games that include free-to-own non-fungible tokens (NFTs). They also stated that all the players can organically earn those NFTs by simply playing the games.
Ultimate Vision of Mystic Games
The rationale behind the formation of the gaming studio, as articulated by CEO and co-founder, Matthew Buxton, states that the current Web3 space is home to a wide range of projects, but has a lack of players. This is why they decided to come together to create an engaging gaming experience, and provide them a necessary platform.
Their aim is to provide the upcoming Web3 players with experiences which are both user-friendly and enjoyable. They strive to uphold Web3’s ambition of authentically democratizing digital possession, granting their players resources that are valuable in the real world.
Shima Capital led that particular seed round, along with SevenX Ventures, 32-Bit Ventures, and others. Furthermore, Joe Mahon, the previous collaborator with Tony Hsieh of Zappos, also contributed as an angel investor.