Immutable X and Kongregate announced a strategic partnership and new $40 million fund to make blockchain games. The fund managers have stated that they will be awarding grants to developers who make blockchain games for Kongregate’s new gaming platform.
Immutable makes popular blockchain games such as “Gods Unchained”. Their newest creation is Immutable X, which is an Ethereum-based Layer 2 (L2) scaling solution. The new tech enables blockchain game transactions to occur faster and with better energy efficiency.
Kongregate was founded in 2006 and recently created the “Bitverse”, a collection of web3 games, as well as “Blood Vessels”, a new vampire blockchain game. They are currently working on recreating an updated platform for their blockchain games. The company states that developers will benefit from the updated end-to-end integration solution they are incorporating.
Robbie Ferguson, Co-Founder and President of Immutable, stated: “As an early innovator in web-based gaming, we are proud our partnership with Kongregate will help power the next generation of blockchain games.”
