![]() ![]() Under the partnership, Immutable will be powering the minting and trading of all games under Double Jump.Tokyo and MCH+ through its scaling protocol for NFTs on Ethereum, Immutable X. Those parties faced high “gas fees” per mint or trade.įerguson said the integration will allow Immutable X users to save on gas fees (the fees for doing transactions on the blockchain) and enjoy more attractive game mechanics. Blockchain can verify the authenticity of something by spreading the verification out among a bunch of computers, a validation process known as reaching consensus, so that you can verify the authenticity and rarity of a particular NFT.īut in the past, developers and creators creating NFT games faced a lot of friction to unlock the network effects of a scaled marketplace and economic potential of secondary NFT markets. NFTs use blockchain technology, the secure and transparent digital ledger behind cryptocurrencies such as Bitcoin and Ethereum, to uniquely identify digital objects. My Crypto Heroes has lifetime sales of 26,000 Ethereum, or $41 million. The transition will be live as Immutable X comes online soon, and once it is done, gamers will be able to truly own the one-of-a-kind items that they buy in games. Together, Double Jump.Tokyo and MCH+ are taking four games to Immutable X: My Crypto Heroes, My Crypto Saga, Crypto Spells, and Brave Frontier Heroes. MCH+ is the name of the partnership between Double Jump.Tokyo and MCH. Gumi is the largest shareholder of Double Jump.Tokyo. Gumi, the publisher of Brave Frontier, invested in Double Jump.Tokyo, and MCH spun out of Double Jump.Tokyo. Last week, Immutable added some Japanese blockchain games to help build momentum for Immutable X, Ferguson said. ![]() We’re just compressing the data on it by zero-knowledge proofs, which allows us to reach really high levels of scale.” “We decided to go with a true Layer 2 solution. “Ethereum is the leading public blockchain in terms of network effects,” Ferguson said. If the security fails, then so does the authenticity of the NFT, and that would be disastrous, Ferguson said. But Ferguson said those solutions can fail because their security isn’t still as strong as Ethereum’s. Another solution is to create a side chain, with a different kind of processing for transactions. But these alternatives aren’t as popular as Ethereum. Other solutions to Ethereum are creating alternative, faster cryptocurrencies with different methods of reaching a consensus. We’ve got to make the proposition of NFT ownership available to everyone.” We spent a very long time searching for a scaling solution. That’s why we decided to build Immutable X. ![]() “What our company has become focused on is to scale these games and these applications in a way that is best for users, and ultimately, still decentralized, while still being super easy for mainstream applications to use. “Otherwise, you might as well just make a new centralized database. “At the end of the day, this security is the whole point,” Ferguson said. Immutable X’s mainnet is now available as the first Layer 2 solution for NFTs on Ethereum, the company said. The bottom line is that users don’t have to trust in Immutable lasting permanently in order to keep owning their NFTs. Immutable X is built on top of Starkware’s “ Layer 2 scaling” technology. In 2020, Immutable found the solution on the crypto frontier with StarkWare, which tapped the benefit of using the Ethereum cryptocurrency and its security without incurring huge fees. Any NFT can now be traded, earned, shared, gamed, and collected completely gas-free (gas fees are associated with creating the NFT) on Ethereum,” said Ferguson. “With today’s Immutable X Alpha release, we’ve made this vision reality. Investors are pouring money into NFTs, and some of those investors are game fans. And an NFT digital collage by the artist Beeple sold at Christie’s for $69.3 million. Published by Animoca Brands and built by Dapper Labs, NBA Top Shot has surpassed $100 million in sales, five months after going public to a worldwide audience. NBA Top Shot (a digital take on collectible basketball cards) is one example. In the past few months, NFTs have exploded in other applications such as art, sports collectibles, and music. And they can make money by trading those collectibles, including the unique NFTs which can be proven by the blockchain, the secure digital ledger technology, to not be copies.įerguson said that the move will help accelerate the mass adoption of NFTs in games. Gods Unchained is a “play to earn” game, where players can earn collectibles over time, said Immutable founder Robbie Ferguson in a recent interview with GamesBeat. Gods Unchained is an important NFT game, as it is built by a 40-person development team headed by Chris Clay, the former director of Magic the Gathering: Arena. Immutable X is the brainchild of Immutable, an Australian game team that runs the NFT trading card game Gods Unchained. ![]()
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