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OKX and Immutable Forge Strategic Partnership in GameFi

The collaboration includes a GameFi launchpad and integration to enhance Web3 gaming UX

March 22, 2024 11:18 AM

Reading time: 1 minute, 33 seconds

TL;DR Cryptocurrency exchange OKX and Ethereum gaming platform Immutable have unveiled a strategic alliance focused on the burgeoning GameFi sector. This collaboration introduces a GameFi launchpad on OKX's NFT marketplace, support for Immutable zkEVM and integration to enhance UX in Web3 gaming.

In a significant move for the GameFi and NFT sectors, cryptocurrency exchange OKX and Ethereum gaming platform Immutable announced a strategic partnership that is poised to reshape access to blockchain-based games.

The alliance focuses on the introduction of a dedicated GameFi launchpad on OKX's NFT marketplace, aiming to facilitate the launch of assets for games debuting on the Immutable zkEVM network.

As part of the partnership, OKX will extend support to Immutable zkEVM through its marketplace and wallet functionalities. This integration is designed to streamline the gaming experience by providing seamless access to game assets and facilitating transactions.

Immutable, on the other hand, will incorporate the OKX wallet into its Immutable Passport—a solution aimed at simplifying the wallet and sign-in processes for crypto gaming enthusiasts. Furthermore, Immutable will integrate the OKX NFT Marketplace within its orderbook and marketplace ecosystem.

"Collaborating with OKX aligns with our mission to bring digital proprietorship to every gamer in the world," said Immutable co-founder and President Robbie Ferguson.

The collaboration is expected to bear fruit in the upcoming months as titles like Guild of Guardians, MetalCore, and Shardbound—all of which are set to launch on the Immutable zkEVM network—begin to release.

Notably, a global release date of May 15 was announced for Guild of Guardians, with MetalCore targeting an open beta release in May. Shardbound, while not yet having a release window, has already engaged users with an alpha playtest.

"Web3 gaming is on the verge of becoming mainstream, and at OKX, we are committed to making our wallet and marketplace the best way to access these next-generation games and their items," emphasized OKX Chief Innovation Officer Jason Lau.

This strategic alliance not only marks a pivotal step towards mainstream adoption of Web3 gaming but also highlights the growing importance of NFTs and blockchain technology in shaping the future of digital entertainment.

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