News Report Technology
December 08, 2023

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

In Brief

Merit Circle DAO partners with Immutable to expand the DAO’s ecosystem by harnessing Immutable’s platform and technology.

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, 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
Join Our Newsletter.
Latest News

The DOGE Frenzy: Analysing Dogecoin’s (DOGE) Recent Surge in Value

The cryptocurrency industry is rapidly expanding, and meme coins are preparing for a significant upswing. Dogecoin (DOGE), ...

Know More

The Evolution of AI-Generated Content in the Metaverse

The emergence of generative AI content is one of the most fascinating developments inside the virtual environment ...

Know More
Join Our Innovative Tech Community
Read More
Read more
This Week’s Top Deals, Major Investments in AI, IT, Web3, and Crypto (22-26.04)
Digest Business Markets Technology
This Week’s Top Deals, Major Investments in AI, IT, Web3, and Crypto (22-26.04)
April 26, 2024
Vitalik Buterin Comments On Centralization Of PoW, Notes It Was Temporary Stage Until PoS
News Report Technology
Vitalik Buterin Comments On Centralization Of PoW, Notes It Was Temporary Stage Until PoS
April 26, 2024
Offchain Labs Reveals Discovery Of Two Critical Vulnerabilities In Optimism’s OP Stack’s Fraud Proofs
News Report Software Technology
Offchain Labs Reveals Discovery Of Two Critical Vulnerabilities In Optimism’s OP Stack’s Fraud Proofs
April 26, 2024
Dymension’s Open Market For Bridging Liquidity From RollApps eIBC Launches On Mainnet 
News Report Technology
Dymension’s Open Market For Bridging Liquidity From RollApps eIBC Launches On Mainnet 
April 26, 2024