Blockchain News
Polygon, Immutable Partner to Build Dedicated Gaming ZK EVM Blockchain
By
Patrick
March 21, 2023
The EVM-compatible zk-rollup Immutable zkEVM will have enforceable royalty fees for game developers.
Immutable zkEVM
Polygon Labs and Immutable announced that they are partnering to create a zero-knowledge rollup dedicated to gaming.
Developers can now access early documentation to begin integration with the new Immutable zkEVM, according to an announcement from Polygon.
The announcement comes just days before the scheduled March 27 launch of the Polygon zkEVM mainnet.
“Partnering with Immutable is a monumental step forward in our mission to empower developers and enable users to truly own their in-game assets,” Polygon Labs President Ryan Wyatt said. “By leveraging Immutable’s top world-class gaming platform, game development becomes seamless, allowing for the creation of rich and unique gaming experiences.”
The Immutable gaming platform already has the zk-rollup Immutable X, based on StarkWare technology. Immutable zkEVM will be the first Ethereum Virtual Machine (EVM)-compatible zk-rollup for games that has enforceable royalty fees for game developers, according to an Immutable blog post.
According to the post, $IMX will be the gas token for the new network, and 20% of fees on any Immutable rollup must be paid in $IMX.
In 2022, games built on Immutable and Polygon received nearly $2 billion in investor funding, according to the post.
“By combining the #1 web3 gaming platform – currently serving hundreds of game studios and millions of players – with Polygon’s best-in-class zkEVM technology, we are building an Ethereum-centric gaming ecosystem that is poised to take Web3 mainstream and bring digital ownership to millions of people around the world,” Immutable President and Co-Founder Robbie Ferguson said. “Billions of dollars of skins are sold each year with no rights for players – we’re changing that so players are in control, and ownership is the expectation”
What is Polygon:
Polygon is a “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more. The effectiveness of Polygon as an alternative to Ethereum has seen existing projects such as Aave and Curve adopting its chain.
For more about Polygon:
Website | Twitter | GitHub | Reddit | YouTube
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Author
Patrick
Patrick
Originally from Texas, Patrick is based in the Cayman Islands. He has a diverse background in journalism. He holds bags mostly in stablecoins.
