Immutable X, significantly ramped up its activities in the
Web3 gaming world, particularly with collaborations with popular companies such as
Squid to revolutionize cross-chain Web3 gaming. In addition to increasing user engagement, as witnessed by the
Immutable Passport surpassing two million signups. Immutable also made forays into the Asian market, further solidifying its global presence.
Fireblocks integration and added security for game developers was a standout development. With a focus on diminishing 'gas' fees from the Web3 player experience thanks to its
zEVM blockchain, the company also sparked attention by its partnership with
Ubisoft's Strategic Innovation Lab to pioneer a more fluid Web3 gaming experience. Immutable shutting down its NFT marketplace marked a shift in strategy towards a broader ecosystem focus. Several setbacks were thrown its way - yet the company stood strong, as seen by their substantial $50M rewards program for gaming on its network.
Polygon's new $100M fund, meant to boost
Pixelmon and others, adds to the company's financial stability, while the
King River Capital, Immutable, and
Polygon Labs partnership embarks on a mission to raise a $100M Web3 gaming fund.
Immutable News Analytics from Thu, 09 Nov 2023 08:00:00 GMT to Tue, 27 Aug 2024 13:30:13 GMT -
Rating 7
- Innovation 9
- Information 9
- Rumor 6
