News Report Technology
July 08, 2024

Immutable Signs Over 150 Games In 2024, Collaborates With Marblex, And Unveils Plans To Launch Illuvium By End of July, According To Its June Development Report

In Brief

Immutable released June development report, showcasing key achievements and announced the upcoming launch of Illuvium at the end of July.

Immutable Signs Over 150 Games In 2024, Collaborates With Marblex, And Unveils Plans To Launch Illuvium By End of July, According To Its June Development Report

Web3 gaming platform and ecosystem, Immutable released a development report for June, showcasing its key achievements over the past month and announcing the upcoming launch of Illuvium at the end of July.

Immutable represents a Layer 2 scaling solution for Ethereum, crafted to support non-fungible tokens (NFTs) and gaming economies. Currently, it operates one live network, Immutable X, and is developing a second network, Immutable zkEVM.

According to the report, more than 150 games were signed over the course of 2024, exceeding the total number of contracts signed in the previous year. The Immutable ecosystem now includes more than 380 games. In addition, since the release of Immutable zkEVM in January, Token Terminal data shows that the number of active users per month has approached 2 million.

Furthermore, Immutable has collaborated with Marblex, a subsidiary of NetMarble that specializes in creating blockchain ecosystems for games. Marblex will migrate to Immutable and bring several popular intellectual property (IP) games, including Ni no Kuni: Cross Worlds, A3: Still Alive, and Meta World. These games collectively boast over 1 million monthly active users and have generated more than $80 million in revenue in 2024.

Additionally, as part of the partnership, Immutable introduced the $20 million “Ecosystem Boost Program” to offer technical and financial backing to builders.

Immutable Plans Launching More Games And Schedules Illuvium Release For July

The platform also announced that additional games are expected to be added to The Main Quest, and the highly anticipated game Illuvium is slated for an official launch at the end of July.

Illuvium (ILV) is an Interoperable Blockchain Game (IBG) universe featuring a variety of decentralized role-playing games set in diverse and immersive environments. Players can explore expansive landscapes, hunt various creatures, take part in arena battles, and trade their assets on the exchange. The interconnected nature of these games enables individuals to use their assets in multiple ways in the series.

In April, Illuvium conducted an airdrop, distributing tokens to players. Recently, the platform hosted an Open Beta Testnet, where participants were rewarded for their involvement.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories

Missed Bitcoin’s Rise? Here’s What You Should Know

by Victoria d'Este
December 20, 2024
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Transak Increases Accessibility To Memecoins By Listing 11 New Tokens
Markets News Report Technology
Transak Increases Accessibility To Memecoins By Listing 11 New Tokens
December 20, 2024
Missed Bitcoin’s Rise? Here’s What You Should Know
Opinion Business Markets Technology
Missed Bitcoin’s Rise? Here’s What You Should Know
December 20, 2024
The Explosive Rise of Crypto Theft in 2024 with North Korea Leading the Charge
Opinion Business Markets Software Technology
The Explosive Rise of Crypto Theft in 2024 with North Korea Leading the Charge
December 20, 2024
Multiple Network Unveils Brand Upgrade, Focusing On Privacy Protection And Data Acceleration 
News Report Technology
Multiple Network Unveils Brand Upgrade, Focusing On Privacy Protection And Data Acceleration 
December 20, 2024