Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Immutable And Portal Join Hands To Bring NFT Games To The Masses

InsidebitcoinInsidebitcoin2024/09/04 13:10
By:Insidebitcoin

Immutable, one of the leading platforms for building web3 games on Ethereum, has partnered with web3 distribution platform, Portal, to revolutionize and bring non-fungible token gaming to the masses. Immutable and Portal integration could be a game changer in NFT gaming. In this article, we shall explore this strategic partnership as well as how it will revive the NFT gaming market.

In a September 04 blog post, Immutable confirmed signing a strategic partnership with Portal, one of the leading web3 distribution platforms. Immutable and Portal integration is anticipated to revolutionize web3 gaming, enhancing distribution, monetization, and mainstream adoption. The partnership will also power the next generation of web3 games.

Immutable x Portal Overview

Established in 2018, Immutable is a crypto asset gaming company renowned for developing the popular non-fungible token-based card game “Gods Unchained” and the role-playing video game “Guild of Guardians.” The crypto gaming company has several crypto-based products, including Immutable X, a layer-two solution secured by Ethereum, focusing on NFT minting and Web3 games.

Immutable is also the parent company behind the Immutable X digital marketplace, a cutting-edge digital platform that leverages blockchain technology to facilitate the trading of NFTs. It also has its native token IMX, an Ethereum-based token built using the ERC-20 token standard, and is primarily used to pay for protocol fees, staking, and governance.

On the other hand, Portal is an ambitious cross-chain gaming platform that seeks to revolutionize the web3 gaming landscape by connecting blockchain games across diverse networks such as Ethereum, Polygon, Avalanche, and Solana. Portal offers a seamless experience for both game developers and players by integrating over 200 games since launch.

Immutable And Portal To Boost NFT Gaming Adoption

Under the new integration, the Immutable and Portal anticipates leveraging the capabilities and experience to revolutionize and bring NFT games to the masses. This new partnership marks a significant leap forward for web3 gaming with far-reaching implications for all developers, players, and the broader gaming landscape. This alliance enhances the growth potential for web3 gaming and ensures web3 games find traction with mainstream audiences.

Some of the key elements in the Immutable and Portal partnership include enhanced distribution and monetization, platform integration, and ecosystem liquidity improvement. Immutable strongly believes the partnership will accelerate the growth of web3 gaming and contribute to becoming a titan of the global gaming industry. NFT gaming exploded in growth in 2021 but has since suffered reduced traction. Immutable is focused on bringing hope to NFT gaming.

Related NFT News:

  • Bored Ape Tops In Daily NFT Sales Volume With +$800K
  • Ripple Launches A New Token Standard On XRP Ledger To Facilitate Crypto & NFTs Issuance
  • Top NFT Gainers In August 2024 – Rare Pepe, DeGods, Bored Ape, And More
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

Circle, the Company Behind Stablecoin USDC, Announces Collaboration with This Tech Giant!

Circle has announced that it has partnered with Sony to develop the Soneium blockchain through the integration of the Bridged USDC Standard.

Bitcoinsistemi2024/09/16 14:15

Experienced Analyst Shares What He Expects for Bitcoin and Ethereum Prices! He Explained the Levels That Must Be Protected to Avoid a Fall!

The popular analyst has revealed the critical levels that need to be maintained in Ethereum (ETH) and Bitcoin (BTC).

Bitcoinsistemi2024/09/16 14:15

Bernstein Analysts Expect a Revival in the DeFi Sector as the Fed Starts to Cut Interest Rates! Here Are the Details

With possible Fed rate cuts on the horizon, DeFi returns are set to revive, according to Bernstein’s analysts.

Bitcoinsistemi2024/09/16 14:15