Immutable, a prominent web3 game publisher, has witnessed a substantial surge in its market dynamics, marked by notable price increases. Then, the momentum has been further fueled by the recent unveiling of its latest wallet infrastructure, aptly named “Immutable Passport.”
According to a statement released on December 19, Immutable achieved a significant milestone by onboarding over 25 games since December 1, averaging more than one new game per day. Robbie Ferguson, Co-founder of Immutable, shared this update on X, formerly twitter.
Notably, what makes this surge even more remarkable is the three to fivefold increase in early-stage web3 gaming deals observed by the Immutable team within a span of two months. Of course, the ecosystem’s flywheel is gaining unstoppable momentum, setting the stage for what promises to be a monumental year in 2024 for the Immutable Gaming Ecosystem.
It's 23 Dec, and @Immutable has officially onboarded over 25 games since Dec 1 – more than 1 a day.
The amount of early stage web3 gaming deals we're seeing has 3-5X'd in two months.
The flywheel is growing unstoppably. 2024 is going to be a monster.
Happy holidays.
🅧🅧
— Robbie Ferguson 🅧 | Immutable (@0xferg) December 23, 2023
Immutable’s market performance reflects this positive trend, with a notable 74% increase over the past 30 days. Then, with an additional 11% price uptick in the last 24 hours. The token has now reached a yearly high, currently trading at $2.564.
The successful integration of new games, coupled with the introduction of Immutable Passport, underscores the platform’s commitment to innovation and growth in the web3 gaming space.
The surge in adoption and positive market sentiment position Immutable as a key player in shaping the future of decentralized gaming. Finally, as Immutable continues to build on its successes, the gaming community eagerly anticipates the unfolding developments and transformative experiences the platform will bring in the coming year.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
Follow us on Twitter @thevrsoldier to stay updated with the latest Crypto, NFT, and Metaverse news!
Image Source: barmaleeva/123RF // Image Effects by Colorcinch
