Hi HODLers,
Non-financial advice: DO NOT SLEEP ON THAT ONE!
ImmutableX is getting very exciting! They have been at the forefront of the GameFi revolution on Ethereum. They created a brand new L2 with zero fees which allows all these projects to function frictionlessly while still being backed by Ethereum's network security.
They have got a great line-up of games coming up!
NYC NFT
Looking at twitter and the price action of the IMX token, it seems ImmutableX got some people exciting at the latest NFT conference down in New-York!
They just announced the launch of a $500mn fund to boost web3 gaming which they see as the biggest opportunity for Web3.
This fund will also collaborate with other web3 gaming and NFT-focused investors including BITKRAFT, Animoca Brands, Arrington Capital, Double Peak, AirTree, King River Capital and GameStop, as well as strategic gaming publishers, for additional investment opportunities.
R.Ferguson (Immutable CEO) has the goal to be the fastest to market when:
Over the next 24 months, Ferguson expects mid-market gaming studios to break out into the web3 world. Then, over the next two years, more games will seep into the web3 ecosystem, he added.
Fun and exciting times ahead!
Stay safe out there,
Source: Immutable launches $500M fund to boost web3 gaming adoption