Immutable is a highly advanced blockchain platform designed specifically for Web3 gaming and NFT development. Recently, different momentum is observed due to various occurrences.
Immutable X offers
gas-free NFT minting and a simplified gaming environment for users. Its revenue generation sources have been associated with the
Cayman Islands, currently intriguing certain quarters.
Immutable X has announced a gaming championship event on June 21st. There are also transformative developments like IMX staking moving to
Immutable zkEVM that come with a new rewards system and NFT trading requirements.
Object First was named Immutable Storage Company of the Year. Immutable's NFT sales have pumped 37% to a whopping $144.8m, surpassing Ethereum. The platform is safe from
Polygon's zkEVM depreciation.
Fedora 41 also hints at an immutable future. The platform ended SEC investigation marking a victory for Web3 gaming, and hinted at a mysterious multibillion-dollar collaboration. Ubisoft and Immutable together are launching a multibillion-dollar player franchise,
Might & Magic: Fates. New offerings such as Perpetual rewards with $93,000 in
IMX are launched, while a third of the staff was let go recently.
Immutable X is set to launch
IMX staking on Immutable zkEVM on June 19th. An Australian and several other NFT firms that used Immutable X have encountered executive exits and job cuts. Despite such challenges, have recorded significant advancements, including 180% growth of the Immutable-backed Inevitable Games Fund over nine months.
Immutable News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Tue, 17 Jun 2025 14:43:25 GMT -
Rating +3
- Innovation +5
- Information +7
- Rumor -1
