News Report Technology
December 08, 2023

Merit Circle DAO Collaborates with Immutable for Web3 Gaming Experiences on Beam

Merit Circle DAO Collaborates with Immutable to Explore Beam for Innovative Gaming Experiences

Gaming-focused DAO — Merit Circle DAO announced strategic partnership with gaming platform Immutable to expand the DAO’s ecosystem, which comprises open-source blockchain network Beam and native digital asset marketplace Sphere, by harnessing Immutable’s platform and technology.

The Merit Circle DAO Beam network is an open-source, multi-chain gaming ecosystem designed to simplify the complexities of game development and enhance the user experience, with a primary focus on the player.

Previously exclusive to Avalanche, Beam now also launches on Immutable zkEVM, a scaling solution powered by Polygon. In this extension, Beam will integrate Immutable’s Orderbook and Passport, to help studios and content creators increase revenue and liquidity by sharing in-game digital asset orders across the marketplaces and offering passwordless sign-on and automated wallet creation for users. 

“At the Merit Circle DAO, we want Beam – our gaming ecosystem – to be wherever games, players and developers are. This collaboration with Immutable and Polygon Labs represents a huge leap towards that vision,”

said Marco van den Heuvel, chief governance officer and Co-founder, Merit Circle.

Immutable and Merit Circle DAO are set to further explore the potential of their partnership, aiming to deliver innovative gaming experiences. Starting with the Sphere gaming marketplace the entities’ collaboration efforts aim to explore more synergies in the future. 

Immutable Expands Collaborative Ventures Forging Paths in Digital Ownership and Web3 Integration

The partnership follows Immutable’s recent announcements with Ubisoft Strategic Innovation Lab and Amazon Web Services (AWS).

In a recent development, Immutable collaborated with Ubisoft, aiming to advance digital ownership by merging Ubisoft’s game development expertise with Immutable’s technology and web3 gaming platform.

Earlier this year, Immutable established a partnership with AWS, focusing on various infrastructure and go-to-market initiatives. The objective is to expedite the integration of game studios into Web3 and encourage digital ownership of in-game items for gamers.

The collaboration between Merit Circle DAO and Immutable marks another advancement in the gaming ecosystem, reflecting entities’ commitment to innovation and synergy. 

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 is a reporter for the Metaverse Post. She focuses on investments, AI, metaverse, and everything related to Web3. Alisa has a degree in Business of Art and expertise in Art & Tech. She has developed her passion for journalism through writing for VCs, notable crypto projects, and scientific writing. You can contact her at [email protected]

More articles
Alisa Davidson
Alisa Davidson

Alisa is a reporter for the Metaverse Post. She focuses on investments, AI, metaverse, and everything related to Web3. Alisa has a degree in Business of Art and expertise in Art & Tech. She has developed her passion for journalism through writing for VCs, notable crypto projects, and scientific writing. You can contact her at [email protected]

Hot Stories
Join Our Newsletter.
Latest News

NFTs & Mining: A Digital Synergy

The rise in usage of the non-fungible tokens has changed the way we see and engage with ...

Know More

AI in Crypto

Explore the ever-evolving realm of artificial intelligence within the cryptocurrency sphere. Discover the transformative impact of AI ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Nigeria Demands $10 Billion in Damages from Binance Amid Crypto Crackdown
Business News Report
Nigeria Demands $10 Billion in Damages from Binance Amid Crypto Crackdown
March 1, 2024
Renzo Partners with Connext to Launch Cross-Chain Restaking Natively on Arbitrum
Business News Report
Renzo Partners with Connext to Launch Cross-Chain Restaking Natively on Arbitrum
March 1, 2024
Generative AI and Computing Innovations will Reshape Commerce Over the Next Three Years, claims Mastercard
Opinion Technology
Generative AI and Computing Innovations will Reshape Commerce Over the Next Three Years, claims Mastercard
March 1, 2024
Worldcoin Enhances World ID Protocol with SMTB Formal Verification by Reilabs
News Report Technology
Worldcoin Enhances World ID Protocol with SMTB Formal Verification by Reilabs
March 1, 2024
What You
Need to Know

Subscribe To Our Newsletter.
Daily search marketing tidbits for savvy pros.