This Altcoin Announces Strategic Partnership With Amazon!

Immutable, the web-based gaming platform and behind the altcoin IMX, has announced a strategic partnership with tech giant Amazon Web Services (AWS), in an exciting collaboration that promises to reshape the world of Web3 gaming. This groundbreaking collaboration aims to open up a host of new opportunities for game developers as AWS expands its startup accelerator programs. Here are the details…

Altcoin project Immutable joins Amazon’s ISV program

Known for its innovative contributions to the Web3 gaming space and altcoin projects, Immutable announced its new position as a member of Amazon’s ISV (Independent Software Vendors) Accelerator Program in an official blog post on October 10. The ISV Accelerate Program is a platform where companies offer software solutions that run on or integrate with AWS. This partnership marks a significant step forward in ongoing efforts to transform the gaming industry into a more decentralized and Web3-focused space.

Additionally, developers who want to work on the blockchain infrastructure of altcoin Immutable will now be able to benefit from the AWS Activate program. This program offers a number of benefits, including technical support, training, and an impressive $100,000 in AWS cloud credits. This is a game-changing opportunity for developers looking to create innovative Web3 games on Immutable’s platform. John Kearney, Head of AWS Startups in Australia, highlighted Immutable’s importance as a local Australian startup that has gained global recognition. This collaboration underscores AWS’s commitment to expanding Web3 game development through its robust cloud infrastructure.

Up to 10x increase in games

Immutable’s journey to this partnership, behind the altcoin IMX, was made easier thanks to its integration with Amazon EventBridge and AWS Lambda, both serverless services that use events to connect application components. This integration significantly increased Immutable’s scalability, enabling the platform to handle a 10x increase in partnered games, as highlighted in their official announcement. Citing concerns about centralization and dependence on Amazon, Immutable’s Product Marketing Lead Michael Powell explained that the demands of the gaming industry may differ from the expectations of Blockchain purists. He explained that game developers prioritize practicality and functionality over absolute decentralization, marking a significant departure from traditional Blockchain principles.

Immutable’s recent successes have not gone unnoticed in the altcoin market. cryptokoin.com As we reported in August, they began public testing of the zero-knowledge Ethereum Virtual Machine (zkEVM) in collaboration with Polygon Labs. zkEVM promises to reduce development costs for game developers while preserving the security and network effects inherent in the Ethereum ecosystem. Immutable’s journey has been marked by significant milestones. Notably, the company reached a $2.5 billion valuation in March 2022, following a $200 million Series C financing round led by Singapore state-owned investment company Temasek.

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