Blockchain Gaming: Layer 2 and Immutable X (IMX)

What is Immutable X (IMX)?
Immutable X (IMX) is the first layer-2 scaling solution for blockchain gaming and NFTs with instant transactions, massive scalability, and no gas fees. Immutable X uses Zero-knowledge Rollup technology to achieve the ability to process up to 9,000 transactions per second.

Immutable X’s products
Immutable Passport is a non-custodial wallet and authentication solution that streamlines the user login process without the need for a password. This product from Immutable X has good security, smooth operation and the ability to reach gamers.

Immutable Checkout is a complete payment solution that helps manage the entire payment process in a game or marketplace. This product allows users to deposit money, buy or exchange assets instantly, integrates many payment methods,…

Immutable Orderbook enables marketplaces, studios, and creators to increase their revenue and liquidity by sharing NFT orders across leading NFT marketplaces.

Mint: Immutable X’s mint NFT tool. This tool allows users to mint NFTs without paying transaction fees with Ethereum-based security.

The Immutable SDK provides projects with access to Immutable X APIs and smart contracts to leverage web3 infrastructure quickly and securely. With this product, developers only need to worry about perfecting their product, Immutable X will provide all the necessary infrastructure to operate a game on the blockchain.

Immutable Trade offers rich trading capabilities through smart contracts and APIs optimized for NFT liquidity.

Immutable Blockchain Data API provides studios and developers with all the online data they need to build a complete game through a simple, powerful and extensible API set is a blockchain for games with EVM compatibility, low transaction fees, high scalability and inherits security from Ethereum.

Immutable DevHub allows developers to launch and manage their projects in one easy place. DevHub puts users in control with most operations such as: launching NFT collections, performance analytics, access management, personalized guidance.

Immutable X is a Layer 2 solution using Zero-knowledge Rollup technology optimized for games with high performance, low deployment costs while still maintaining security on Ethereum.

Immutable X’s ecosystem
1. Marketplace: AQUA, GameStop, TokenTrove
2. Games: Illuvium, EmberSword, Gods Unchained, Guild of Guardians and more than 100 different titles
3. Partners: more than 40 different partners

Game projects:
Illuvium: Illuvium is an open world exploration game. The game is a unique blend of science fiction – allowing players to go from one land to another to fight.

Gods Unchained: Gods Unchained is a card game. In the game, players need to collect a powerful deck of cards to compete with other players.

Guild of Guardians: Guild of Guardians is a mobile multiplayer F2P fantasy action role-playing game – inspired by gacha games such as: Diablo and Dungeons & Dragons and running on the ImmutableX platform

Ember Sword: Ember Sword is an online role-playing game (MMORPG) developed by So Couch Studios on Immutable X- offering a large open world called Pangea.

Cross The Ages: Cross The Ages is a mobile-first collectible card game built on 7 future novels, providing a full cycle of value from mobile games to PC games, taking advantage of blockchain technology, physical cards through NFC technology, the game has completed the Seed Round capital call with the amount of money the project received up to 12 million USD.

Basic information about IMX token

Token Name: Immutable X
Ticker: IMX
Blockchain: Ethereum
Token Standard: ERC-20
Contract: 0xf57e7e7c23978c3caec3c3548e3d615c346e79ff
Token Type: Utility, Governance
Total Supply: 2,000,000,000
Circulating Supply: 1,251,798,947

Token Allocation
Ecosystem development: 51.74%
Project development: 25%
Private Sale: 14.26%
Public Sale: 5%
Foundation: 4%

What is IMX token used for?
1. Pay 20% protocol fee
2. Staking
3. System administration

IMX token storage wallet: MetaMask, Coin98 Wallet, Trust Wallet,…
Trade at: Exchanges listing this token include: Binance, Coinbase Exchange, OKX, HTX, Gate.io,…

Immutable X is a Layer 2 solution developed specifically for the gaming and NFT sectors.

Iluvium
Illuvium is one of the most notable titles during the period when the GameFi sector dominated the crypto market. Illuvial are creatures that inhabit mysterious planets, they use radiation to grow, fuse, and launch powerful attacks. Illuvium will provide players with more than 150 different types of Illuvial to explore in the game.

Illuvial is related to 5 elements: Water, Fire, Earth, Air and Nature. The relationship with these 5 elements will affect the strength and abilities of the Illuvial. When creating a team, players need to rely on these factors to arrange a team with optimal strength to ensure victory in battles.

The Illuvium ecosystem currently includes 4 main titles:
1. Overworld
2. Zero
3. Arena
4. Beyond

Why did Illuvium choose to build on Immutable X Layer 2?
One of the main issues that NFT projects and users are currently facing is the cost of conducting transactions on the Ethereum network. With limitations on the number of transactions that Ethereum can process, users on the network must increase gas fees to ensure their transactions go through quickly.

Immutable X solves this problem, allowing users to trade their NFTs without paying gas fees using Zero-Knowledge (ZK) Rollup technology.

Ubisoft Partners With Immutable To Build Web3 Gaming Experience
November 9, 2023
Ubisoft wants to develop a new blockchain game that integrates NFT digital asset ownership based on Immutable’s crypto infrastructure.

Ubisoft, the game company behind famous brands such as Asssassin’s Creed, Far Cry, Tom Clancy’s… is continuing to promote the field of blockchain games through cooperation with Immutable – an NFT, blockchain and technology company. developer of the Immutable X (IMX) protocol.

The partnership agreement between Ubisoft and Immutable aims to create “New gaming experiences to unlock additional benefits for players through the power of web3”.

 Immutable Ubisoft’s Strategic Innovation Lab

Immutable, the leading web3 gaming platform, is joining forces with Ubisoft’s Strategic Innovation Lab to create a new gaming experience to further unlock benefits for players through the power of web3.

This is another significant milestone for Immutable, the all-in-one solution for building the best games. Alongside Ubisoft’s Strategic Innovation Lab, we will combine the expertise of both companies to develop a mainstream web3 gaming experience.

“As the platform of choice for many leaders within the Web3 community, Immutable offers both cutting-edge technology and a unique expertise in seamlessly integrating decentralized technologies into games.” – Nicolas Pouard – VP of Ubisoft’s Strategic Innovation Lab” – @Immutable

Mr. Nicolas Pouard, Vice President of Innovation Lab – Ubisoft’s product development unit, confidently affirmed:
“We are excited to partner with Ubisoft and look forward to bringing the best experience to players in a full-featured title so they can be captivated by the fun of the game.”
“We will use the full power of the Immutable ecosystem to ensure the success of our partnership with Immutable. We are confident that we will bring players new experiences.”

Investors who are passionate about NFTs are no longer unfamiliar with the name Ubisoft, this brand was one of the first validators of the Ronin sidechain testnet process for the famous GameFi project Axie Infinity. A year later, they implemented the first NFT item feature into the game Ghost Recon: Breakpoint – part of the Tom Clancy’s series.

Immutable committed to re-locking 125M $IMX of the project’s dev allocation for another year

” We’re here for the long run.

Last year, we committed to re-locking 125M $IMX of @Immutable’s Project Dev allocation for another 1 year. A few weeks from now, these tokens are scheduled to unlock.

We’re proud to once again re-lock this allocation until July 2024 at a minimum.” – @0xferg

Unlocking is the process of automatically releasing tokens of any blockchain into the circulation market, based on a predetermined unlocking time. Adding more tokens to the market allows investors, developers or owners to sell their holdings, creating selling pressure in the market. But for basic needs, new investors or traders can take advantage of this opportunity to buy more tokens, thereby helping to control the sell-off momentum.

Immutable also faced pressure to unlock 110 million IMX. At the time of writing, IMX is trading around the $0.5 mark, up slightly by 0.5% this week and has lost 12.1% over the past year.