Web3 game developer Immutable and Polygon Labs (MATIC) announced a strategic partnership, while the platform’s native token IMX tumbled close to 18%.
Immutable March 21 In the post he published on his official website on accelerate the development for polygon labs announced that it has formed a strategic partnership with Company in partnership game studios And of developers Web3 participation facilitate Polygon’s products for zero knowledge (zk) using technology will strengthen told.
According to the statement, at the center of the partnership will be Immutable zkEVM, an EVM (Ethereum virtual machine) compatible zk-rollups powered by Polygon, and will be released in the coming months.
of polygon zkEVM by integrating technology into the platform Ethereum (ETH) President of Immutable, who stated that they are building a game ecosystem based on Robbie Fergusonmade the following statements on the subject:
Every year, billions of dollars worth of skins are sold to players without any rights. We’re changing that now and making players ownership over what they buy.
After Immutable suggested that as a result of the partnership, mainstream games will operate in the Web3 market, experts said. Call of Duty, God of War like AAA class games’ interest in the Web3 market. may increase told.
On the other hand, Immutable has been talking about the partnership for a long time in the community. creating expectation and these expectations of the announcement failure to meet due to the platform’s native token, IMX, immediately after the announcement. $1.51 from the level $1.24 down to the level of to 18% lost value close.
Coinecko according to data 30 in a day 22% appreciated IMXend 24 lived at the time 9.8% as of writing with depreciation $1.29 traded at the level.