Gossip ABOUT Gossip: Driving the Future of Gaming with Liithos

August 2, 2022

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.


  • 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

Czinger Vehicles
View episode

Catching up with Czinger Vehicles to ask the Are We There Yet? video podcast series question wasn’t easy as their 21C model will do 0 -60 in 1.9 seconds, can hit over 250 mph, and now holds records at both Laguna Seca and Circuit of the Americas.  And maybe I didn’t need to ask them […]

fluid power
View episode

There is a revolution happening in transportation; the fluid power revolution!  To better understand this revolution, Are We There Yet? series Host, Grant Harrell, speaks with Zach Lindsley, National Sales Manager at Terzo Power Systems, a company at the forefront of this important revolution. What does the fluid power revolution look like?  Terzo explains that […]

Person Wearing a VR Headset
View episode

Apple is on the cusp of launching its first mixed-reality headset, and this could mean a big shake-up for the VR market. It’s a bit like a storm brewing on the horizon – the VR market, already in a state of flux, might just get that final gust of wind that tips it over the edge. Consumer […]