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§ Private Profile · Singapore
Mythic Protocol is a technology company.
Mythic Protocol is an entertainment company building a collaborative ecosystem for intellectual property development. It expands these IPs across various media, including games, comics, and cinematic universes, creating interconnected narratives and experiences. The company's core approach centers on community co-creation, designing content for deep engagement and collective input.
The company was founded by Arief Widhiyasa, known for co-founding Agate in 2009 and recognized by Forbes Asia 30 Under 30, alongside Igor. Their insight was to pioneer a collaborative entertainment framework where IPs and fictional universes are systematically developed by capturing and integrating community ideas.
Mythic Protocol serves players and creators by enabling their active participation in shaping and evolving its entertainment properties. The company's vision is to redefine universe construction, empowering communities to directly influence rich narratives and interactive environments. It aims to set a new standard for shared world-building and IP creation.
Mythic Protocol has raised $7.0M across 1 funding round.
Mythic Protocol has raised $7.0M in total across 1 funding round.
Mythic Protocol has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Seed in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2023 | $7M Seed | Shima Capital | Aves Lair, Alpha JWC Ventures, Arcane Group, Emurgo, GDV Venture, Hyperithm, MARBLEX, Planetarium Labs, Presto Labs, Saison Capital | Announced |
Mythic Protocol is a technology-driven entertainment company pioneering a *collaborative entertainment ecosystem* that transforms how intellectual property (IP) and fictional universes are created and expanded. It builds games, media, and platforms designed to enable collective storytelling and idea generation, leveraging blockchain technology to enhance gameplay and community engagement. The company serves gamers, creators, and entertainment enthusiasts by solving the problem of fragmented IP development and limited collaborative creative opportunities, fostering a shared universe where contributions are captured and correlated. Mythic Protocol has gained momentum through a $6.5 million seed funding round raised amid challenging market conditions, signaling strong investor confidence in its innovative approach[1][2][4].
Founded by a team of experienced entrepreneurs and creatives with backgrounds spanning gaming, entertainment, and technology, Mythic Protocol emerged from a desire to rethink how stories and game worlds are built collaboratively. Key founders include Arief, a Forbes 30 Under 30 alum with extensive experience in Indonesia’s largest game development company; Chris, who brings over 15 years of artistic leadership from major studios like Hasbro, Sony, and Riot Games; Igor, a serial entrepreneur with a tech and creative industry background; Joe, a Brown alum with decades in tech and finance; and Wawan, a product expert with a history in IoT and tech innovation. Their combined expertise shaped Mythic Protocol’s vision to create a cosmic-horror-laden military occult universe, exemplified by their flagship game RIFTSTORM, a cooperative top-down shooter that immerses players in supernatural battles across strange worlds[3].
Mythic Protocol rides the convergence of blockchain technology, gaming, and collaborative content creation—a trend reshaping entertainment industries. The timing is critical as audiences increasingly seek immersive, participatory experiences and ownership of digital assets. Market forces such as the rise of Web3, decentralized IP models, and demand for innovative storytelling favor Mythic Protocol’s approach. By challenging traditional play-to-earn paradigms and emphasizing gameplay quality, it influences the broader ecosystem toward sustainable, community-centric entertainment models. Its integration of cosmic-horror themes and cooperative gameplay also taps into niche but growing gamer interests, positioning it as a trendsetter in narrative-driven blockchain games[1][4].
Looking ahead, Mythic Protocol is poised to expand its collaborative universe and deepen blockchain integration, potentially setting new standards for how IP ecosystems evolve with community input. Trends in decentralized content ownership, immersive gaming, and cross-platform storytelling will shape its trajectory. As it scales, Mythic Protocol’s influence may extend beyond gaming into broader entertainment sectors, fostering new creative economies. Its success will depend on balancing innovative technology with compelling gameplay and maintaining strong community engagement, ultimately redefining collaborative entertainment in the Web3 era[1][2][4].
Mythic Protocol has raised $7.0M in total across 1 funding round.
Mythic Protocol's investors include Shima Capital, Aves Lair, Alpha JWC Ventures, Arcane Group, EMURGO, GDV Venture, Hyperithm, MARBLEX, Planetarium Labs, Presto Labs, Saison Capital.