For Web3 Profile picture
May 14 โ€ข 16 tweets โ€ข 10 min read Twitter logo Read on Twitter
Taking the entire gaming space in web3 to new heights with a dedicated blockchain โšก๏ธ

Bringing speed & scalability to power the next-generation of web3 gaming transactions ๐ŸŽฎ

Want to learn about a revolution brewing in the blockchain gaming space? ๐Ÿ‘€

Letโ€™s look at @Immutable๐Ÿงต Image
๐Ÿฅ‡ Immutable is the first L2 scaling solution for NFTs on Ethereum

This allows for gasless minting & trading of NFTs without compromising on user asset security ๐Ÿ”

A crucial component in the realm of web3 gaming that needs scalability & the infrastructure to support it ๐Ÿš€
๐Ÿ” It's built to handle high transaction throughput & ensure the integrity of data on the network

This allows Immutable to process a staggering number of transactions while maintaining the highest level of security Image
โ“Why Immutable?

- Scalability: Immutable's architecture enables it to handle an impressive volume of 7000 TPS with the help of ZK rollups, ensuring smooth & efficient operations for Dapps

Immutable is 600x more efficient than Ethereum while being 100% carbon-neutral โ™ป๏ธ!
- Low Latency: Transactions are confirmed at near-instantaneous speeds, opening up a world of possibilities for real-time applications & use cases!

- Immutability: Once data is recorded on the blockchain, it remains unalterable & tamper-proof, providing trust and reliability!
- Low Fees: The network's cost-effective model ensures developers' & users' affordability

- Robust Security: Immutable employs cutting-edge cryptographic techniques to safeguard the network against malicious attacks & ensure data integrity while being Developer-Friendly
๐Ÿ In 2018, the foundations of Immutable were laid by @0xferg, @0xConnolly & James Ferguson determined to revolutionize blockchain technology!

The platform was conceived with a focus on speed, security, and immutability, setting the stage for its groundbreaking journey. Image
๐Ÿ’กIn 2019, Immutable introduced its flagship product, Immutable X, a layer-2 scaling solution for Ethereum

Immutable X aimed to address Ethereum's scalability challenges by enabling fast & cost-effective transactions while retaining the security & decentralization of the network
๐ŸŒ In 2020, Immutable X was officially launched

In 2021, Immutable X made significant strides in the gaming sector!

The platform partnered with @Ubisoft and @StarkWareLtd, a leading layer-2 scaling solution provider.
๐ŸŒˆ In 2022, NFTs exploded in popularity, and Immutable X became a preferred platform for NFT creators & collectors!

Notable projects like @GodsUnchained, the highly acclaimed blockchain-based trading card game, migrated to Immutable X!
๐Ÿ’ฐ In March 2022, @Immutable raised over $200M in Series C financing led by @Temasek, with investments from @animocabrands & @TencentGames, bringing its valuation to $2.5 billion!

@paraficapital, @princevillecap, @Arrington_Cap, @miraeasset & @libertyglobal also joined the round
๐Ÿ’Ž As of 2023, Immutable continues to push the boundaries of blockchain innovation.

The platform has garnered widespread recognition for its contributions to scaling solutions and decentralized applications! Image
๐ŸคCurrently, Immutable is in partnership with over 100+ Web3 games & the numbers are only poised to grow

Some of the most notable games within their ecosystem are @GodsUnchained, @illuviumio, @JoinPlanetQuest, @UndeadBlocks, @StarHeroes_game & @GuildOfGuardian!
๐Ÿ“ˆ @iLogosEurope has partnered and will be building on Immutable

Immutable is just behind @ethereum & @solana in terms of 24hrs NFT sales volume!

It has flipped the likes of @Cardano & @0xPolygon with at least a 100%+ in volume numbers ๐Ÿš€ Image
๐Ÿ† In conclusion, with large funding, insane partnerships, and multiple games onboard, Immutable is a force to reckon with in the web3 gaming space!

It will take just one breakthrough game to onboard the next wave of gamers in web3 gaming!
๐Ÿ™ Please like, comment & retweet the first tweet if you enjoyed this thread!

Follow @forweb3media for more such threads!

#immutable #IMX #web3gaming #gamingblockchain #godsunchained #undeadblocks

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More from @forweb3media

May 19
It seems @ethereum developers just donโ€™t stop shipping ๐Ÿšข

Because @ETHGlobal just concluded with ETHLisbon ๐Ÿ‡ต๐Ÿ‡น

And, we got a lot of outstanding projects that created magic in Europe ๐Ÿช„

Here's a recap of their first IRL event in Europe this year & first-ever in Portugal ๐Ÿงต Image
โœ‚๏ธ The TL;DR of ETHGlobal Lisbon:

๐Ÿ™‹โ€โ™‚๏ธ 975+ Attendees

๐ŸŒŽ 51 Countries Represented

๐Ÿฃ 29% New to Web3

๐Ÿ‘ฏ 24 Ecosystem Partners

๐Ÿ’ธ $275,000+ in Prizes

๐Ÿš€ 183 Projects Submitted

๐Ÿ† 10 Finalists Image
๐Ÿง‘โ€โš–๏ธ As expected with any ETHGlobal event, the panel of judges, speakers & mentors were class extraordinaire!

๐Ÿง  The brightest minds in the space, showing the path to the new kids on the block (without any gas fees ๐Ÿ˜›) Image
Read 16 tweets
May 19
Gm Frens โœจ

The weekend is here & so are we ๐Ÿฅณ

And, we are seeing a sudden spike in the number of events happening in India & Globally as well ๐Ÿ“ˆ

This weekend we have 20+ events happening in India & here are all of them โคต๏ธ๐Ÿงต Image
๐Ÿ“ Bangalore

1๏ธโƒฃ Art & Chill by @DazeIndia & @MeebitsDAO

Wen? 20th May | 3 PM to 6 PM
forwebthree.com/event/art-chilโ€ฆ
2๏ธโƒฃ Blockmeet Bengaluru by @FoundershipHQ & @0xPolygon

Wen? 20th May | 4 PM to 6 PM
forwebthree.com/event/blockmeeโ€ฆ
Read 24 tweets
May 18
Daily Web3 News Digest ๐Ÿ“ฐ

TL;DR โคต๏ธ

๐Ÿ—ž India based WazirX says Binance has maintained control over WRX token

๐Ÿ—ž Bankrupt Voyager will now be able to pay back creditors

๐Ÿ—ž Bitcoin mining difficulty rises 3.2%, a new all time high

Details and more๐Ÿงต
๐Ÿ—ž As the conflict between @WazirXIndia and @binance continues, @WazirXIndia has emphasised Binanceโ€™s current supremacy over the WRX token.
๐Ÿ—ž The United States Bankruptcy Court for the Southern District of New York has allowed the bankrupt @investvoyager to begin repaying its creditors.
Read 10 tweets
May 4
Revolutionizing decentralized storage with high throughput & low fees โšก๏ธ

A threat to the Web2 cloud behemoths โš”๏ธ

Call it the decentralized Dropbox or Airbnb for cloud storage โ˜๏ธ

Here's an in-depth look at @Filecoin ๐Ÿงต Image
๐Ÿค” Think of Filecoin as an online marketplace to store data, where you can rent out storage just as you'd rent a room at @Airbnb

The idea behind Filecoin was to provide a decentralized solution to online storage providers & protocols & eliminate the need for central data storage
๐Ÿ’ก Why Filecoin?

๐Ÿ’พ Dependable data storage on a decentralized P2P network

๐Ÿ” Resilience to hacking, censorship, & outages

๐Ÿ’ฐ Incentives for honest actors & participation

๐Ÿ”จ Unique business model for users with bidding on the open market

๐ŸŒ Open source code Image
Read 13 tweets
Mar 12
Revolutionizing the way smart contracts connect with the outside world ๐ŸŒ

Designed to bring real-world data to the blockchain with unmatched security ๐Ÿ”’

Curious about the Des Oracle network that's taking the crypto space by storm? โ›ˆ๏ธ

Here's an in-depth look at @chainlink ๐Ÿ”—๐Ÿงต Image
๐Ÿ“ƒChainlink is a decentralized blockchain oracle network built on @ethereum.

The network is intended to be used to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts.
๐Ÿค” Founded in 2014 by @SergeyNazarov, Steve Ellis, Craig Siel, and @Adam_Ha_Yes to provide a way for smart contracts on blockchains to access data from external sources, called oracles.

@chainlink provides a secure & decentralized way to source this data. Image
Read 17 tweets
Feb 4
The relentless trailblazer of the new digital world โ˜„๏ธ

Built for scalability & seamless integration into the decentralized ecosystem ๐Ÿ’ป

Do you know the story behind the decentralized powerhouse changing the game of blockchain ๐Ÿš€

Get ready for an in-depth look at @0xPolygon๐Ÿ’œ๐Ÿงต Image
๐Ÿ“ƒ Matic Network, later rebranded to Polygon, is a Layer 2 scaling solution for @ethereum, focused on providing fast and cheap transactions.

The vision is to build an Internet of blockchains, connecting the Ethereum mainchain to other Ethereum-compatible chains.
๐Ÿค” The inception of Matic Network came from the co-founders' frustration with the scalability issues faced by the Ethereum network.

They saw the potential for a solution that could alleviate these issues, allowing for more widespread adoption of decentralized applications.
Read 15 tweets

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