Share the post "The future is now. WEB3 layer-2 blockchain gaming. (GameStop, Immutable X, Loopring)"
Immutable, an Australia-based web3 gaming firm, launched a $500 million developer and venture investment fund. The Capital will be used in building web 3 games and NFT-concentrated companies on layer-2 Ethereum-focused platform, Immutable-X
Immutable X has many strategic partnerships including Marvel, Dinsey, TikTok, OpenSeas, Illuvium, and GameStop which is creating a layer-2-based revolutionary low-fee NFT marketplace with Loopring.
Why NFT gaming is so revolutionizing? It opens up a completely new spectrum of investing spectrum for individuals and changes the game in the area of crowdfunding. It gives a possibility for the investor to apply early for a statement that one invested, and in the future, when the game is finished, enables one to profit passively being a shareholder of a game that rips benefits, directing a percentage to the investors. It cuts out the aggressive middle man and gives more possibilities for the entrepreneurs.
What is layer-2 in the blockchain world? While layer-1 blockchain relies on the blockchain itself (Bitcoin, Ethereum), layer-2 enables to compute transactions besides the main blockchain, and input it back to the mainnet. One of those techniques is called Zk-rollups (Zero-Knowledge Rollups) which can decrease the fees for one transaction up to 1000 times, and so it allows for the mass adoption in the gaming space, which will finally give real ownership to every gamer, playing games with NFT layer-2 based solutions.
Many while hearing about NFTs, see meaningless pixelated pictures worth tens or hundreds of thousands of dollars, though many are missing the point. Blockchain and NFTs are not about “Pumps&Dumps” or “Getting rich quick” schemes. They are about real ownership with no middleman throughout the transaction process making banks and centralized platforms obselete.
Players having complete ownership over their assets and experiences in the decentralized web3 game ecosystem? Web3 allowing players contribute their opinion on the game’s future? This sounds great! Web3 is and will be rapidly changing the whole gaming industry, wether the game developers will like it or not!
Web3 is the future! I’m more than pumped about this