Immutable to Launch Mobile Gaming Division

Immutable launches its Mobile Gaming Division to attract mainstream users with new products, expertise, and investments. The company highlights that over 50% of gamers play on mobile, generating $121B annually, and following April’s Epic Games court decision, mobile titles can now integrate external crypto payments without a 30% fee. Immutable aims to replicate its recent success of three titles reaching No. 1 on App Store and Google Play by prioritizing mobile development across its broader ecosystem.

Refer to the official tweet by IMX:

IMX Info

Immutable X is the first layer two (L2) scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability and zero gas fees for minting and trading, all without compromising user or asset security.

Immutable X utilizes Zero-Knowledge Rollups technology to process transactions off the main Ethereum network, increasing throughput and reducing gas costs. This technology enables the creation, trading, and transaction of NFTs on a much larger scale than is possible on Layer 1 Ethereum.

The IMX token is the native ERC20 utility token of the Immutable X protocol, which users can earn by conducting pro-network activities such as trading, and which can be used to pay fees, perform governance or stake on the protocol.