Go Back

Technology, Information and Internet

Powering native web3 ecosystems and institutional applications for the next generation of the web.

Hedera Hashgraph

Software & Technology

Gossip ABOUT Gossip: Driving the Future of Gaming with Liithos

August 2, 2022
AAA gaming
Ashfall
disruptive technology
DLT technology
+more

The world of gaming continues to evolve with advanced technology driving innovation across the board. Despite this, gamers must contend with the fact that the characters and stories they love live in one place. Michael Mumbauer, Founder & CEO Liithos, is ready to change this with Web3. Mumbauer sat down with Gossip ABOUT Gossip podcast host Zenobia Godschalk, SVP of Communications at Swirlds Labs, about the inspiration behind the launch of Liithos and what he envisions the future of gaming to look like.

The discussion opened with Mumbauer speaking about the inspiration behind the company name. Based on the word lithos which means “stone” in Latin. When looking into the availability of this word from a business perspective, he discovered it was not viable. It was then that his wife came up with the idea of adding an extra “I” to the word. Pronounced “leethos,” following on the “e” sound of the double-I in Wii, the spirit of the company is grounded in the idea that great masterpieces are meticulously carved out of stone.

So, what makes Mumbauer tick? “I find myself always liking and attracted to new spaces where there are interesting opportunities to engage with players and fans and people in unique ways and grow – and converge technology and art,” he explained. Inspired by disruptive technologies that create innovations that inspire future iterations of gaming evolution, Mumbauer aims to change the face of gaming.

“In this case, what I think is wonderful about DLT technology is evolving social interactions and empowering communities of players, and also connecting entertainment worlds. We want to build really powerful entertainment games that are narrative-driven but we also want to connect them outside of games into areas of television and film and social media platforms and digital comics. We want them to all play together and incentivize each other while feeding the gaming ecosystem,” said Mumbauer.

KEY POINTS:

  • Liithos’ vision is to create a unified entertainment ecosystem built around AAA gaming, utilizing the Hedera network to make it a reality.
  • The development of their debut title, Ashfall, will be a transparent interactive process unprecedented within the industry.
  • Hedera’s carbon-efficiency was a large fact in the decision to build on the network.

Recent Episodes

View episode

Security Operations Improvements Will Come Via Worker Empowerment

The security industry can harness technological tools to optimize workflows and to help further enhance operational efficiency. Much of that can come via retooling, and educating, the labor force to enhance operations within security and control centers.  In an episode of MarketScale’s premier roundtable discussion show, Experts Talk, previewing major trends for ISC West […]

smart city technologies
View episode

Smart City Technologies Rely on Edge Computing for Responsive Disaster Recovery

How can smart city technologies enhance local and national response efforts, particularly in disaster recovery scenarios like the Virginia Beach flood resilience initiative? Dustin Seetoo, a Rugged Edge Computing Industry Leader, suggests that the intersection of IoT and rugged edge computing is critical for deploying resilient and responsive smart city solutions. “Specifically, in this […]

edge computing technologies
View episode

Edge Computing Technologies can Accelerate Response Times in Urban Crises

Recent advancements are demonstrating profound impacts on urban resilience and disaster management in the evolving landscape of smart city technologies. Among these, Virginia Beach’s flood resiliency program, an IDC Smart Cities North America Award winner, utilizes innovative edge computing technologies to manage flood risks effectively. This project is a prime example of how edge […]