Latest news with #ImmutablePassport
Yahoo
14-05-2025
- Business
- Yahoo
Immutable Brings Gaming to Institutional Capital at Goldman Sachs' Asia Financial Technology Conference
SYDNEY, May 14, 2025 /PRNewswire/ -- Immutable, a global leader in web3 gaming, announced today that Robbie Ferguson, Co-Founder and President, will speak at the Goldman Sachs Asia Pacific Financial Technology Conference on Wednesday, May 14, 2025, in Hong Kong. The Asia Pacific Financial Technology Conference is one of the region's most prominent institutional investor gatherings, bringing together leaders from traditional finance, digital assets, and emerging technology. Immutable's presence on this stage reflects growing recognition of web3 gaming as a serious sector among global investors. This panel appearance further underscores Immutable's role at the forefront of the next wave of innovation in gaming and digital ownership. About Immutable Immutable is a global leader in Web3 gaming, on a mission to bring digital ownership to every player. Its end-to-end gaming platform, including Immutable Play and Passport, makes it seamless and secure for developers to build and scale games on Ethereum without compromising player experience. Immutable Play offers a full suite of tools to help developers launch and grow successful games, while Immutable Passport provides players with a secure, frictionless identity and wallet solution designed for mainstream onboarding. With more than 600 well-funded games onboarded and over $300 million USD raised from top-tier investors including Temasek, Tencent, BITKRAFT Ventures, King River Capital, and Galaxy Interactive, Immutable is the fastest-growing ecosystem in Web3 gaming in 2025. Join the Immutable community on Discord, Reddit, Twitter, Instagram, Telegram and YouTube View original content to download multimedia: SOURCE Immutable Sign in to access your portfolio
Business Upturn
23-04-2025
- Business
- Business Upturn
Immortal Rising 2 Launches Starlight System, Completing Core In-Game Economy
Singapore, Singapore , April 23, 2025 (GLOBE NEWSWIRE) — Planetarium Labs and Busy Beans Studio have launched a major update for Immortal Rising 2, introducing Starlight, a powerful new in-game currency that completes IR2's core economic loop alongside $IMT and ORB. With this update, players can now convert $IMT into Starlight—and vice versa—unlocking new layers of strategic gameplay and economic depth within the Web3-powered RPG. The update is now live, marking a significant step forward in IR2's evolution toward a more player-driven, interconnected economy. Starlight isn't just a collectible—it's a versatile resource that enhances gameplay. Players can stake Starlight in the new Star Vault system to earn combat power and HP buffs through a staking system. Vault levels increase with Starlight usage, unlocking progressively higher rewards and gameplay enhancements. With staking options spanning 7, 14, and 30 days, players can choose between immediate buffs or long-term power growth, adding a meaningful strategic dimension to in-game decision-making. 'This update deepens our player engagement loop and introduces a new level of utility for $IMT,' said JC Kim, CEO of Planetarium Labs. 'We're not just building a game—we're building an ecosystem where player agency and strategic thinking are rewarded.' At the heart of the update is a seamless conversion system that connects $IMT and Starlight. Players can now exchange currencies via their linked Immutable Passport accounts, giving $IMT direct utility in gameplay and progression. Conversion rates are dynamic and influenced by market conditions, with individual and global conversion limits in place to preserve economic balance. These mechanics lay the groundwork for future game modes and systems that will expand the reach and relevance of Starlight across IR2. Starlight can now be earned through a variety of ranking systems including Arena, Stage, and Scarecrow leaderboards. A new Starlight Shop has also launched, allowing players to trade Starlight for Stardust and other valuable items. To celebrate the update, IR2 is kicking off two limited-time events: Star Vault Celebration Event (April 23 – May 7): Complete daily and weekly quests to earn bonus Starlight. (April 23 – May 7): Complete daily and weekly quests to earn bonus Starlight. Springday Event (April 23 – May 6): Participate in a fruit-matching mini-game to earn Springday Coins and exclusive rewards. In addition, progression limits for stages and dungeons have been expanded, and the Arena Training cap has been raised—giving seasoned players more content to explore and conquer. The launch of Starlight and the $IMT conversion system reinforces Planetarium Labs' commitment to building sustainable and engaging Web3 gaming experiences. By tying token utility directly into core gameplay, IR2 continues to push boundaries for what decentralized games can achieve. For full update details, visit the official overview, and follow Immortal Rising 2 on X and Discord for future developments. About Planetarium Labs Planetarium Labs, which raised $32 million in a Series A funding round led by Animoca Brands, is a community-driven Web3 gaming company that builds immersive and moddable gaming experiences for users around the world. With decades of collective experience in gaming and blockchain technologies, and with industry-leading visionaries and partners, Planetarium Labs is building the protocols and experiences that take Web3 gaming to the next level. Media Contact Robert Penington [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Associated Press
17-03-2025
- Business
- Associated Press
The Game Company Announces Strategic Partnership with Immutable to Expand Web3 Gaming Ecosystem
TGC and Immutable forge a Strategic Partnership DUBAI, UNITED ARAB EMIRATES, March 17, 2025 / / -- The Game Company (TGC), a leader in AI-powered cloud gaming, is partnering with Immutable, the top-tier gaming blockchain, to integrate Immutable's Web3 gaming infrastructure into TGC's cloud-based gaming platform. This collaboration unlocks new opportunities for gamers by offering seamless access to Web3 gaming, digital asset ownership, and decentralized economies within the TGC ecosystem. Bringing Web3 Gaming to the Next Level With this partnership, Immutable's Web3 gaming suite, including its scalable Layer-2 solutions, NFT marketplace infrastructure, and Passport login system, will be integrated into TGC's platform—further solidifying its position as a multi-chain gaming ecosystem. Gamers will soon be able to explore Immutable-powered games within TGC's platform while benefiting from TGC's low-latency cloud gaming technology and AI-driven enhancements. How This Partnership Elevates TGC's Platform: ✅ Seamless Web3 Gaming: TGC users can play Immutable-powered games without downloads, powered by TGC's cloud gaming tech. ✅ Digital Ownership: Gamers can own, trade, and utilize their digital assets across various Web3 games. ✅ Frictionless Login & Transactions: Integration of Immutable Passport enables secure, seamless Web3 logins and transactions for users. ✅ Multi-Chain Expansion: TGC remains multi-chain, with support for Base, zkEVM, and other chains in addition to Immutable. The Future of Web3 Gaming With TGC already supporting traditional gaming giants like Steam and Epic Games, the addition of Immutable-powered games bridges the gap between Web2 and Web3 gaming, offering a true hybrid gaming experience. This partnership will also introduce new AI-powered gaming mechanics, decentralized economies, and innovative game monetization models to Web3 gamers. Osman Masud, CEO of The Game Company, commented: 'The future of gaming is seamless, on-chain, and accessible to all. Our partnership with Immutable expands our ecosystem, bringing the best of Web3 gaming to our AI-powered cloud gaming platform. Immutable's infrastructure enables a frictionless and scalable Web3 experience, perfectly aligning with our mission to make high-quality gaming accessible to everyone, everywhere.' The partnership between TGC and Immutable represents a new era for Web3 gaming, where blockchain-powered economies meet high-performance, AI-driven cloud gaming—pushing the boundaries of what's possible in the gaming industry. About The Game Company (TGC) The Game Company (TGC) is at the forefront of AI-powered cloud gaming, providing seamless access to 1300+ AAA titles across multiple platforms. Built with patented low-latency technology, TGC eliminates hardware limitations, allowing users to experience high-performance gaming on any device. With strategic partnerships including Telcoin, Tencent Cloud, and Hypercycle, TGC is pioneering the future of gaming by integrating AI, blockchain, and cloud gaming technologies. The platform has already seen over 43,000+ registrations, 10,000+ gamers, and 41,000+ blockchain transactions during its alpha phase, showcasing strong demand for its next-gen gaming ecosystem. About Immutable Immutable is the leading Web3 gaming platform, offering scalable Layer-2 blockchain solutions, NFT marketplace infrastructure, and Immutable Passport—a frictionless Web3 authentication system for gamers. Focused on speed, security, and seamless player experiences, Immutable provides game developers with the tools to integrate on-chain assets, decentralized economies, and tokenized rewards into their ecosystems. With a growing network of top-tier Web3 games, Immutable is setting the standard for blockchain-based gaming innovation. Fendi Khan The Game Company +971 58 529 4248 X LinkedIn Legal Disclaimer:
