NFT REVIEW MARKET
The world of gaming is about to experience transformation with the launch of Immutable’s zkEVM Mainnet, powered by Polygon. This early access launch has already garnered immense interest from both game developers and players alike.
The Power of zkEVM
The zkEVM, or zero-knowledge Ethereum Virtual Machine, is a gaming chain built on the Ethereum blockchain. It enables game developers to incorporate personalized digital ownership and Web3 features into their games, providing players with true asset ownership.
With over 200 games committed to building on Immutable’s platform, this innovation is set to capture nearly 70% of the gaming market share. And with some of the biggest names in the industry, such as Guild of Guardians and Cool Cats, already on board, it’s safe to say that the future looks bright for zkEVM.
A Partnership for Success
Immutable joined forces with Polygon Labs in March to develop the zero-knowledge Ethereum Virtual Machine project. This partnership has been a game-changer, enabling both large and independent game studios to build high-quality games with enhanced security and scalability.
Polygon, a leading scaling solution for Ethereum, also launched its own zkEVM the previous March. This collaboration has brought together two powerful technologies to create an even more efficient and secure platform for gaming.
Advantages of zkEVM
The launch of Immutable’s zkEVM Mainnet offers numerous advantages for game developers and players. With its compatibility with Ethereum apps, it allows for faster transaction confirmations and lower gas fees compared to other Layer-1 and Layer-2 rollups.
This is made possible by moving computation off-chain, resulting in a more scalable and affordable gaming experience. And with smart contract templates provided by Immutable, game development on the platform becomes even more accessible and efficient.
Improved User Experience
One major issue that gamers have faced in the past is the gas fees associated with using Ethereum-based gaming platforms. However, Immutable has addressed this problem by introducing a gas-free feature for users of their Passport product.
This means that players can now engage in gaming and trading without worrying about additional fees, making the experience more seamless and enjoyable. This improvement in user experience is a significant step towards mass adoption of blockchain gaming.
The Future of Gaming with zkEVM
With over 50 games already keen on building on Immutable’s platform during its zkEVM Testnet launch, it’s safe to say that the future holds great potential for this technology.
In fact, co-founder Robbie Ferguson anticipates that tens of millions of players will be brought to the new gaming experience as more games go live on Immutable’s platform in 2024.
The incorporation of personalized digital ownership and Web3 features into games has opened up new revenue opportunities for studios, while also granting players control over their digital assets. This shift towards true asset ownership is a game-changer for the gaming industry, and zkEVM is at the forefront of this reansformation.
Conclusion
Immutable’s zkEVM Mainnet, powered by Polygon, has brought together two powerful technologies to create a platform that will shape the future of gaming. With enhanced security, scalability, and improved user experience, it offers numerous advantages for both game developers and players. As more games join the platform, the potential for this technology to revolutionize the gaming industry becomes even greater. The future is bright for zkEVM and the world of blockchain gaming.
The easiest way to get started with Immutable is to visit one of the supported marketplaces, such as Immutable X Marketplace or OpenSea. You can then create an account, connect your wallet, and start browsing NFTs.
Gas-free transactions: Unlike the main Ethereum network, Immutable allows users to mint and trade NFTs without paying gas fees. This makes it significantly cheaper and more accessible for users.
Fast transactions: Transactions on Immutable are confirmed almost instantly, eliminating the long wait times often associated with the Ethereum network.
Scalability: Immutable can handle a large volume of transactions, making it ideal for large-scale NFT projects and marketplaces.
Security: Immutable is built on the security of the Ethereum blockchain, ensuring the safety of your NFTs.
Although transactions on Immutable are gas-free, there are other fees associated with using the platform. These fees include:
Protocol fee: A 2% fee charged on all successful trades.
Maker fee: An optional fee set by the seller on the marketplace.
Taker fee: A fee charged to the buyer on the marketplace.
Royalty fee: An optional fee paid to the creator of the NFT on each secondary sale.
Immutable is a layer-2 scaling solution for NFTs built on Ethereum. It offers gas-free minting and trading, enabling fast, secure, and affordable transactions for creators and collectors of NFTs.
Immutable is used by a variety of NFT projects, marketplaces, and game developers. Some notable examples include Gods Unchained, Guild of Guardians, Immutable X Marketplace, and OpenSea.
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