Immutable has been making significant strides in the gaming and NFT scene. It recently landed a partnership with Netmarble which will see seven new games launched on its platform in 2025 and with Ubisoft for the development of Might & Magic Fates game. It necks and necks with Ethereum in NFT sales volume posting a 21% increase. The company showed its resilience during a SEC investigation that recently ended, boosting the crypto gaming sector. Immutable has laid the focus on gas-free NFT minting and Web3 gaming making it a favorite. The IMX token has had its ups and downs, with predictions showing struggles ahead although momentary surges have also been reported. In a bid to make the gaming ecosystem more robust, a proposed merge between Immutable X and Immutable zkEVM hopes to create the definitive Web3 gaming chain. Immutable will also combine its Ethereum gaming networks into one streamlining its operations. The company recently launched perpetual rewards with $93,000 in IMX up for grabs. The securities class action investigation made it the first web3 game company to get a Wells notice from SEC, but it bounced back after SEC dropped the investigation, seeing the currency soar by 42%. Immutable is the fastest-growing blockchain gaming ecosystem with 71% growth and 181 new game announcements in 2024. Thus, it is seeking to leverage these partnerships, AI, and technological advances to bolster its platform.
Immutable News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Tue, 15 Jul 2025 21:36:04 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor 8