Saturday, July 6, 2024
HomeNFTsNFT GamingPolygon and Immutable's Partnership: Revolutionizing Web3 Gaming

Polygon and Immutable’s Partnership: Revolutionizing Web3 Gaming

The world of Web3 gaming is about to experience a significant transformation with the recent partnership announcement between Polygon and Immutable. This collaboration aims to introduce a new network called Immutable zkEVM, designed to accelerate Web3 gaming and bring it to the mainstream. This article explores the details of this partnership and its potential impact on the future of Web3 gaming.

Introducing Immutable zkEVM

Polygon and Immutable have come together to develop Immutable zkEVM, a new Ethereum scaling network that leverages the power of Polygon’s zkEVM technology and Immutable’s platform for blockchain-based games. This new network is anticipated to revolutionize the Web3 gaming industry by providing a fast and secure solution that is natively compatible with Ethereum smart contracts.

This partnership was announced during the annual Game Developers Conference (GDC), and it is seen as an “obvious move” to speed up Web3 video game adoption. Immutable co-founder Robbie Ferguson has stated that the collaboration is “how the next billion users will be onboarded into Web3.”

Polygon’s zkEVM mainnet network is set to launch in beta on March 27, while the existing Immutable X scaling network will run alongside the new Immutable zkEVM network. Immutable zkEVM is expected to roll out towards the end of Q2 2023, with developers already able to start building on the SDKs today to explore the tech.

Maximizing Transaction Throughput and Reducing Costs

The goal of Immutable zkEVM is to make Ethereum more useful for Web3 gaming, large-scale NFT projects, and other decentralized apps by maximizing the transaction throughput and ultimately bringing down costs and time. This is achieved by pairing transaction rollups based on zero-knowledge proof cryptography, utilizing Ethereum Virtual Machine (EVM) support.

With Polygon’s next-generation scaling tech and Immutable’s gaming infrastructure, developers will have an attractive place to work on as the Web3 gaming market expands. The network will use Immutable’s IMX token for gas fees and transaction payments, while the current Immutable X network will continue operating. Ferguson has stated that his team’s goal is ‘to develop cross-rollup liquidity between the networks.’

The Future of Web3 Gaming

Web3 gaming is inching closer to mainstream adoption, and this collaboration between Polygon and Immutable to develop Immutable zkEVM is an exciting development for Web3 adoption, particularly for the gaming industry. The integration of Polygon’s zkEVM technology with Immutable’s platform for blockchain-based games is expected to speed up development, provide a seamless gaming experience, and make Ethereum more useful for large-scale NFT projects, video games, and other decentralized apps.

Polygon symbol

Polygon Labs President Ryan Wyatt believes that Web3 gaming needs to abstract away a lot of the crypto and tech jargon and focus on “really fun games where I own assets that I pay for, I can trade them easily, and I can have this really seamless experience.” The partnership between Polygon and Immutable to develop Immutable zkEVM has the potential to be a real game-changer for the future of Web3 gaming.

The partnership between Polygon and Immutable to develop Immutable zkEVM is a significant step forward for the Web3 gaming industry. By leveraging the power of Polygon’s zkEVM technology and Immutable’s platform for blockchain-based games, this collaboration is expected to speed up development, provide a seamless gaming experience, and make Ethereum more useful for large-scale NFT projects, video games, and other decentralized apps. With the potential to revolutionize the future of Web3 gaming, developers and gamers alike can look forward to an exciting new era of Web3 gaming.

What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0

Disclaimer: The information provided on coinvinance.biz is for educational and informational purposes only and should not be construed as financial advice. Coinvinance.biz does not provide any investment advice or recommendations. Any investment decision you make is solely your responsibility. Please conduct your own research and consult with a licensed financial advisor before making any investment decisions. Coinvinance.biz is not responsible for any financial losses that may result from your use of the information provided on this website.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_imgspot_imgspot_imgspot_img

Most Popular

Recent Comments