Sydney, Australia, January 24th, 2024, Chainwire

Web3’s largest gaming platform taps Web3’s largest and most secure interoperability network for seamless user interactions across blockchains

Axelar and Immutable have officially announced their integration, marking a significant advancement in Web3 gaming interoperability. This strategic collaboration enhances game studios’ ability to onboard players across 50+ blockchains and increases liquidity through new user funding channels. It marks a powerful level-up in scalability and reach for developers building the future of gaming.

In the inaugural phase, Axelar will facilitate direct access between Ethereum and Immutable’s new zkEVM chain, Immutable zkEVM – a Polygon-based ZK-rollup blockchain within Immutable’s Web3 gaming platform. This chain provides EVM compatibility, low-cost transactions, massive scalability, and Ethereum-level security for gaming applications.

Key benefits of the Axelar network integration include:

• Supercharged user onboarding: Games gain direct access to Ethereum Layer 1 users.
• Asset bridging: Players can seamlessly move assets to and from Ethereum Layer 1 using Immutable Passport and Immutable Checkout, simplifying deposits and withdrawals.
• Cross-chain scalability: Games now have the capability to scale across multiple blockchains.

“Web3 games deploying on Immutable zkEVM, coupled with Immutable Checkout, can now connect to player wallets across the largest network of blockchains. Players will be able to seamlessly interact in-game with digital assets stored on any connected blockchain through Immutable Passport,” said Michael Powell, Head of Product Marketing at Immutable.

Additionally, the native utility token of the Immutable ecosystem, IMX, will be securely bridged to the new Immutable zkEVM environment. IMX is utilized for transaction fees and to incentivize users and developers to meaningfully contribute to the Immutable ecosystem.

“The integration of Immutable serves as an expansion pack for the Axelar ecosystem, complementing a platform that already supports inter

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Author: Crypto Daily™

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