Share this article
Web3 Game Developer Mythical Games Loses 3 Top Executives
SVP Chris Ko, COO Matt Nutt and co-founder Rudy Koch announced their departures on Wednesday. Each hinted at new ventures.
By Cam Thompson
Updated Nov 3, 2022, 7:44 p.m. Published Nov 3, 2022, 7:25 p.m.
Three top executives at Web3 game developer Mythical Games announced their departures from the company on Wednesday.
Senior Vice President Chris Ko, Chief Operating Officer and head of games Matt Nutt and co-founder Rudy Koch each posted about their exits on LinkedIn, sharing details about upcoming opportunities.
STORY CONTINUES BELOW
Koch, who had worked at the gaming giant for four years, wrote that he’s “not finished with Web3” and has a “new venture cooking.”
Ko and Nutt, both veterans of gaming company Electronic Arts, each wrote that they’re in “stealth mode” on a new project and will share more information next week. It’s not immediately clear if the former executives are working on related projects.
“We are grateful to them for their leadership and the significant contributions they’ve made in helping the company get to this point, and wish them the best in the future,” said a representative from Mythical.
The successful Web3 game developer has moved away from traditional corporate structures in recent months, favoring a more decentralized approach. In October, the company created the Mythical Foundation in an effort to decentralize the gaming ecosystem. The move also introduced the Mythos DAO and related governance token running on an Ethereum-adjacent chain the company announced in August.
The departures also follow a trend of top-level exits from crypto companies coined “the great resignation.” In August, Michael Saylor scaled back his role as CEO of MicroStrategy to serve as executive chairman. In September, Kraken CEO Jesse Powell left the exchange he helped establish. A week later, Brett Harrison stepped down as president of brokerage platform FTX.US.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Backed, Chainlink Unveil xBridge to Move Tokenized Stocks Between Solana and Ethereum
The bridge uses Chainlink's CCIP to ensure consistent behavior across chains, mirroring the behavior of underlying assets.
What to know:
- Backed Finance has introduced xBridge, a cross-chain bridge that enables tokenized stocks to move between Ethereum and Solana while tracking stock splits, dividends, and other corporate actions.
- The bridge uses Chainlink's Cross-Chain Interoperability Protocol (CCIP) to ensure consistent behavior across chains, mirroring the behavior of underlying real-world assets.
- XBridge is live in pilot mode, with plans to add support for additional blockchains like Mantle and TRON, and is already integrated with major cryptocurrency trading platforms, including Kraken.
Top Stories
