Immutable, an Ethereum Layer 2 scaling protocol, has been making impressive strides within the gaming sector, tapping into the growing Web3 platform. The company saw a 5% drop in cryptocurrency within 24 hours but swiftly recovered with the launch of 'The Main Quest', the largest-ever Web3 gaming rewards program. Comparatively, Immutable has emerged as a significant gainer among gaming blockchains in June. The rise of on-chain gaming in 2024 saw the forging of powerful partnerships, such as that with MARBLEX, to expand the Web3 gaming ecosystem in South Korea. Immutable was also instrumental in introducing
crypto gaming rewards programs,
limited-edition NFT collections, and
Web3 sign-on systems for gamers.
Immutable Passport was a stand-out innovation, hitting over 1M+ sign-ups and providing seamless sign-on for more than 500,000 gamers across five leading Web3 games. The company also partnered with Polygon Labs to inject a whopping $100M into Web3 gaming.
Immutable's zkEVM blockchain, a game-changer for the gaming industry providing a gas-free player experience, was another milestone. Immutable also made significant advances in the area of
cybersecurity by pioneering immutable data storage, which 94% of IT leaders rely on to protect data from burgeoning ransomware attacks. Inevitably, IT leaders view immutable data storage as insurance against ransomware attacks. Notable partnerships with industry giants Ubisoft, Amazon, OKX, and Axelar to enhance Web3 gaming offerings have led to significant growth. Finally, the company's strategic focus on blockbuster gaming tokens and persistent efforts to minimize 'gas' fees for gamers have resulted in a strong market position, with user numbers nearing 1.4 million.
Immutable News Analytics from Wed, 11 Oct 2023 07:00:00 GMT to Fri, 05 Jul 2024 19:01:17 GMT -
Rating 7
- Innovation 9
- Information 7
- Rumor 4
