Immutable and Polygon Form Blockchain Alliance
Two powerhouses in blockchain gaming, Immutable and Polygon, have teamed up to spearhead the next big push for the industry. The joint effort aims to accelerate the development and adoption of Web3 games, and make it easier for studios and developers to build high-quality Web3 games that support “real ownership of assets.”
Now game developers will be able to make use of Immutable zkEVM, a new Ethereum Virtual Machine (EVM) compatible zero-knowledge digest powered by Polygon, to develop Web3 games. As a result, facilitate an out-of-the-box game development process that is faster, easier and with fewer risks involved.
In a statement, Robbie Ferguson, co-founder and president of Immutable, notes, “By combining the #1 web3 gaming platform – currently serving hundreds of game studios and millions of players – with Polygon’s best-in-class zkEVM technology, we are building an Ethereum-centric gaming ecosystem poised to take web3 mainstream and bring digital ownership to millions of people all over the world.”
Ferguson adds that “Billions of dollars worth of skins are sold every year without player rights.” That’s why the two entities joined forces to change this narrative. As a result, foster an industry that allows players to control and own their assets in the game.
Immutable and Polygon Labs aim to expand the Web3 gaming space
This sentiment is echoed by Ryan Wyatt, the president of Polygon Labs, who notes, “Partnering with Immutable is a monumental step forward in our mission to empower developers and enable users to truly own their in-game assets. Leveraging Immutable’s world-class cutting-edge gaming platform, game development becomes seamless, enabling the creation rich and unique gaming experiences.”
The collaboration comes at a time when both companies are pushing hard to expand the Web3 gaming space. Last June, Immutable launched a $500 million venture fund for Web3 game development. While in July, Polygon launched a business unit devoted to promoting Web3 gaming.
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*All investment/financial opinions expressed by NFT Plazas are from personal research and experience of our site moderators and are intended as educational material only. Individuals are required to research all products before making any type of investment.
Basil is an avid fan of blockchain technology and all its innovations, and he is passionate about sharing this narrative with his audience. He has spent over five years in the crypto space, specializing in research and creating Web3 content for various media around the world.
