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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
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    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

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    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    $3.62B Already Sold in 2025

    $3.62B Already Sold in 2025

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    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

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    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

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    NFT market cap drops by $1.2B as Ether rally loses steam

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    From Apes to Punks, NFTs roar back with triple the buyers

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    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

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    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

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    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

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    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

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    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

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    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

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    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

  • Blockchain
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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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  • AI
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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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Home Gaming

Immutable and Portal Target Monetization in the Web3 Gaming Ecosystem

September 4, 2024
in Gaming
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Immutable and Portal Target Monetization in the Web3 Gaming Ecosystem
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A new collaboration between Immutable and Portal was announced during Korean Blockchain Week. This new partnership targets some major issues in the Web3 gaming ecosystem, including game distribution, user experience, and monetization.

One area of focus is increasing liquidity within the Web3 gaming space, a crucial element for developers looking to grow and sustain their projects. While the partnership is in its early stages, it holds the potential to make an impact on how Web3 games operate and reach their audiences.

READ ALSO

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Focus on Improving Liquidity in Web3 Gaming

The partnership between Immutable and Portal aims to combine Portal’s know-how in acquiring users and providing payment solutions with Immutable’s scalable game development platform.

The partnership aims to meld Portal’s know-how in user growth and payment systems with Immutable’s powerful game development platform, which “Not only enhances the growth potential of Web3 gaming but also increases the chances of more web3 games finding traction with mainstream audiences,” according to the announcement.

An important facet of this collaboration is that it zeroes in on bolstering liquidity within the Immutable ecosystem. And bolstering liquidity, in turn, allows for more flexible and smoother monetization of games in the Immutable ecosystem.

Source Portal

By incorporating the Portal’s technology to perform cross-chain operations, Immutable looks to provide a healthier and richer ecosystem for game designers. They believe that by working with the Portal to unite their two layer 2 (L2) solutions, they will give game designers a chance to engage a player base across the many worlds of Web3.

See also  A Competitive Onchain Gaming Event

Furthermore, Immutable wants to use Portal’s cross-chain technology to bolster the foundation of its games. By doing this, the company hopes to leverage the tech to make its way into a more “cross-chain” world where its titles can be played on multiple chains.

Streamlining Web3 Game Distribution

Beyond merely improving liquidity, the partnership focuses on how to improve Web3 gaming distribution and monetization. To that end, one of the fundamental tools in the partnership’s toolbox is something known as Portal Pay. Portal Pay is a payment and transaction solution that works across the entire Immutable gaming ecosystem. By using this solution, the developers of Immutable games can tap into a much larger audience.

The integration of Portal Pay into Immutable’s platform could ease the process of making payments as well as handling reward systems in games. This could affect player satisfaction and engagement as well as developers in managing the in-game economy.

Immutable, which provides zero-knowledge (zk) scaling solutions via platforms such as Immutable zkEVM, is working to broaden its reach in game distribution. Collaborating with Portal could help it optimize the scaling processes and make Web3 games available to a much larger audience. Currently, a number of obstacles prevent many developers from making their games Web3-compatible, and these two companies might be able to help clear the way.

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

  • Jason Newey

    Jason Newey is a seasoned journalist specializing in NFTs, the Metaverse, and Web3 technologies. With a background in digital media and blockchain technology, he adeptly translates complex concepts into engaging, informative articles.

    View all posts

Tags: EcosystemgamingImmutableMonetizationPortalTargetWeb3

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