Immutable, a leader in the blockchain technology space, has recently come under focus for various developments in its ecosystem. Recent developments have sparked a mixed reaction within the Immutable community. Notable is that Immutable intends to shut down its
NFT marketplace, shifting focus towards broader ecosystem development. In the meantime, Immutable’s alliance with
YGG Pilipinas promises to bolster the Guild of Guardian's gaming capabilities.
Amid these changes, Immutable continues to unveil innovative products, including the launch of a $50 million gaming rewards program and the Immutable Passport, which garnered over half a million sign-ups from gamers globally.
King River Capital, Immutable, and
Polygon Labs are also seeking to launch a $100 million Inevitable Games Fund aimed at development and growth of the Web3 gaming environment.
In a significant partnership, Immutable has joined forces with MARBLEX to establish South Korea’s home for Web3 gaming. It’s also teaming up with Polygon on a gaming-focused project known as
zkEVM. The general shift towards Immutable in the gaming niche is further demonstrated by
Planetarium Labs’ partnership to build the next-generation web3 game ‘Immortal Rising 2’ and Ubisoft's collaboration for a frictionless Web3 gaming experience.
However, alongside these advancements, Immutable X token traders reported losses, despite a rebound attempt, raising concerns about the token’s market performance.
Meanwhile, Immutable continues to uphold its repute in the cybersecurity sector, with 94% of IT leaders relying on immutable data storage – a solution it provides, for ransomware protection. Immutable’s revolving developments offer a dynamic landscape for investors, developers, IT professionals, gamers, and blockchain enthusiasts.
Immutable News Analytics from Wed, 11 Oct 2023 07:00:00 GMT to Fri, 09 Aug 2024 01:48:59 GMT -
Rating 1
- Innovation 8
- Information 9
- Rumor 2
