By Nermeen Nabil 
The Mythical Marketplace is a digital platform designed for trading NFTs (non-fungible tokens) in the gaming world. Developed by Mythical Games, the studio behind titles like Blankos Block Party, this marketplace aims to bridge the gap between traditional gaming and blockchain technology.
The Mythical Marketplace allows players to buy, sell, and trade in-game items as NFTs. This means that players can potentially monetize their time and effort spent in games, turning rare collectibles or achievements into tradable assets.
Mythical Marketplace focuses on user experience, particularly for gamers who may be new to blockchain technology. The platform offers features like “quick trades” for multiple assets and accepts both traditional and cryptocurrency payment methods.
The marketplace currently supports games such as NFL Rivals and Nitro Nation World Tour, with plans to expand its ecosystem.
NFL Rivals
The Mythical Platform
The Mythical Platform forms the technological foundation of the Mythical Marketplace. This underlying infrastructure manages crucial aspects of the marketplace ecosystem, including trades, payments, user accounts, and blockchain inventory.
Mythical Platform Features:
Seamless integration with game inventories, allowing for smooth transfer of in-game items to the marketplace
Fraud protection measures to ensure secure transactions
Fee optimization to keep costs reasonable for users
Pricing recommendations for both buyers and sellers
Support for both fiat and cryptocurrency transactions
The platform’s design prioritizes scalability and flexibility. It can handle a high volume of transactions and adapts to the specific needs of different games and partners.
For game developers, the Mythical Platform offers tools to easily incorporate blockchain technology into their games, including the option to create private-label marketplaces branded to their specifications.
Nitro Nation: World Tour
An important aspect of the Mythical Platform is its approach to blockchain technology. While it leverages the benefits of blockchain for security and ownership verification, it aims to abstract much of the complexity away from the end-user.
This design philosophy aligns with the marketplace’s goal of making NFT trading accessible to a broad gaming audience, not just crypto enthusiasts.
User-Friendly Features for Gamers
The Mythical Marketplace stands out for its commitment to creating a user-friendly experience, especially for gamers who may be new to NFTs and blockchain technology:
Easy Account Creation: Users can simply log in with their Mythical account, eliminating the need for separate crypto wallets or complex setup processes. This significantly lowers the barrier to entry for newcomers to the NFT space.
Quick Trades: The marketplace offers a “quick trades” feature, allowing users to trade multiple assets at once. This streamlines the process for gamers who want to manage their in-game inventories efficiently.
Familiar Payment Methods: While the platform supports cryptocurrency, it also accepts traditional Web2 payment methods like credit cards. This flexibility makes the marketplace more accessible to a wider audience.
Intuitive Interface: The marketplace is designed with gamers in mind, featuring an easy-to-navigate layout that displays important information about each NFT, such as its rarity, level, and power rating.
In-Game Integration: Purchased NFTs are automatically added to users’ in-game inventories, creating a seamless connection between the marketplace and supported games.
Seller-Friendly Policies: Sellers can list their items on the marketplace while still using them in-game, offering flexibility in how they manage their digital assets.
By prioritizing these user-friendly features, the Mythical Marketplace aims to make NFT trading as intuitive and accessible as possible for the average gamer.
Buying an Item
Lowering the Barrier to Entry in NFT Gaming
The Mythical Marketplace has made significant strides in reducing the complexity often associated with NFT and blockchain technology, making it more accessible to mainstream gamers. Here’s how:
No Crypto Wallet Required: Unlike many NFT platforms, users don’t need to set up a separate cryptocurrency wallet to participate. They can simply use their Mythical account, eliminating a common stumbling block for newcomers.
Simplified Onboarding: The marketplace doesn’t require users to backup seed phrases or use cryptocurrency exchanges. This streamlined approach allows gamers to start trading quickly without navigating complex crypto processes.
Familiar Payment Options: By accepting traditional payment methods alongside cryptocurrencies, the marketplace caters to users who may not be comfortable with or have access to digital currencies.
In-Game Currency Integration: Some supported games use an in-game currency that can be easily purchased and used within the Mythical ecosystem, further simplifying the transaction process.
Educational Approach: The platform provides clear, gamer-friendly explanations of NFTs and their value, helping users understand the technology without overwhelming them with technical jargon.
Supported Games and Ecosystem
The Mythical Marketplace hosts a growing ecosystem of games, featuring both first-party titles developed by Mythical Games and third-party games that utilize the Mythical Platform. This diverse lineup offers various experiences for players and collectors. Here are some key games in the Mythical ecosystem:
NFL Rivals: This officially licensed game allows players to collect and trade digital NFL player cards as NFTs. Users can build their dream lineups, compete against others, and climb leaderboards. The integration with the Mythical Marketplace enables players to buy and sell these digital athletes using the $MYTH token.
Nitro Nation World Tour: A racing game where players can own and trade fully-licensed digital cars as NFTs. The game introduces an innovative feature where players can collect “Spark Plugs” of the same rarity and combine them to create a new vehicle within the game.
Blankos Block Party: While no longer directly integrated with the main Mythical Marketplace, this party game featuring unique digital vinyl toys called Blankos was one of the first to showcase Mythical’s NFT technology.
The ecosystem is designed to cater to various gaming preferences, from sports management to racing, ensuring a broad appeal. Each game leverages the Mythical Platform’s technology to enable true ownership of in-game assets, allowing players to trade their items on the marketplace.
Blankos Block Party
Mythical Games continues to expand this ecosystem, working on new first-party titles and partnering with third-party developers.
Security and Trust Measures
The Mythical Marketplace prioritizes security and trust, implementing several measures to protect users and their digital assets:
Blockchain Technology: The marketplace utilizes blockchain to ensure the authenticity and ownership of NFTs. Each transaction is recorded on the blockchain, providing a transparent and immutable record of ownership.
Fraud Protection: Advanced fraud detection and prevention systems are in place to safeguard users against potential scams or unauthorized transactions.
Secure Payment Processing: Whether using cryptocurrency or traditional payment methods, the platform employs industry-standard security protocols to protect financial information.
Smart Contract Audits: The smart contracts underlying the NFT transactions are regularly audited to ensure they function as intended and are free from vulnerabilities.
Account Security: Users are encouraged to enable two-factor authentication for added account protection. The platform also employs standard security practices like encrypted passwords and secure session management.
Verified Game Integration: Only verified games can integrate with the Mythical Marketplace, ensuring that all NFTs traded on the platform are legitimate in-game assets.
Transparent Pricing and Fees: The marketplace provides clear information about pricing and fees, helping users make informed decisions and building trust in the platform.
Customer Support: A dedicated support team is available to assist users with any issues or concerns, further enhancing trust in the platform.
Regular Updates and Maintenance: The platform undergoes regular updates to address any emerging security concerns and to improve overall performance.
By implementing these security and trust measures, the Mythical Marketplace aims to create a safe environment for NFT trading, addressing common concerns associated with digital asset transactions and blockchain technology.
Conclusion
The Mythical Marketplace represents a step forward in the integration of blockchain technology and traditional gaming. By focusing on user-friendly design, lowering barriers to entry, and prioritizing security, it’s making NFT trading accessible to a broader audience of gamers.
Key takeaways:
The platform bridges the gap between conventional gaming and blockchain technology.
It offers a user-friendly experience, catering to both crypto-savvy users and newcomers.
The growing ecosystem of supported games provides diverse opportunities for players to engage with NFTs.
Strong security measures and transparency build trust in the platform.
The post What is Mythical Marketplace? Platform for Trading In-Game NFT Assets appeared first on Blockonomi.
Nermeen Nabil Khear