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Mobile gaming division launched by Immutable, targeting $121 billion market

Immutable announces formation of Mobile Gaming Division, aiming for growth within the $121 billion market potential

Mobile gaming division launched by Immutable, aiming for a potential $121 billion market
Mobile gaming division launched by Immutable, aiming for a potential $121 billion market

Mobile gaming division launched by Immutable, targeting $121 billion market

Immutable Chain, a scalable Ethereum layer-2 solution, has been rolled out, marking a significant step forward in the world of web3 gaming. This innovative platform, designed to enhance the gaming experience, has already seen the introduction of Immutable Play, an engagement platform, and Immutable Passport, a gaming wallet.

Over the past year, the expansion of web2 games and major partnerships with centralized exchanges and stablecoin providers have propelled the platform forward. These strategic alliances have paved the way for over 180 new games to be listed on Immutable, signifying a surge in adoption.

Regulatory milestones have also played a crucial role in this growth. The achievement of regulatory milestones such as the CLARITY Act and the resolution of legal hurdles with the Securities and Exchange Commission have provided a stable environment for the continued growth of web3 gaming.

Immutable's co-founder has announced heavy investments in new products, talent, and partnerships, further solidifying the company's commitment to bringing web3 gaming to a wider market. One such partnership is with mobile game publishers and developers, including BLOCKLORDS, to establish Immutable's new Mobile Gaming Division. This division targets the $121 billion mobile gaming market, aiming to expand the platform and ecosystem to cater to mainstream mobile users.

Moreover, a sneak peek into the future of web3 gaming and contemporary art can be found at Tezos Berlin, where blockchain technology is being leveraged to create unique and immersive experiences.

As Immutable continues to innovate and expand, it stands poised to revolutionize the gaming industry, bridging the gap between web2 and web3 gaming for a more inclusive and engaging experience for all.

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