According to Foresight News, Mythic Protocol, a Web3 collaboration entertainment protocol, has announced the completion of a $6.5 million seed funding round. The round was led by Shima Capital and Alpha JWC, with participation from Saison Capital, GDV Venture, Planetarium Labs, Arcane Group, Presto Labs, MARBLEX, EMURGO Ventures, HYPERITHM, and several angel investors. The funds will be used to develop and launch the initial core product.

Mythic Protocol's services aim to help gamers, investors, and creators from around the world collaborate, participate, and build entertainment collaboration products on decentralized blockchain platforms.