MultiversX Tracker is Live!

Beam joins forces with Immutable and Polygon Labs for multichain expansion and product development

All Cryptocurrencies

by COINS NEWS 90 Views

The Merit Circle DAO, the world’s largest gaming-focused DAO, today announces a new strategic partnership with leading gaming platform Immutable to expand and enhance the DAO’s ecosystem, which comprises open-source blockchain network Beam and native digital asset marketplace Sphere, by harnessing Immutable's innovative platform and technology.

"This strategic alliance with Merit Circle DAO and commitment from Beam aligns perfectly with our mission to bring digital ownership to every gamer in the world. Immutable’s robust ecosystem and cutting-edge technology combined with Merit Circle’s web3 gaming expertise allows us to enrich the gaming experience for millions of players worldwide," noted James Ferguson, Co-founder and CEO of Immutable.

The Beam network is an open-source, multi-chain gaming ecosystem tailor-made to address the specific needs of gaming studios. It is a platform that simplifies the complexities of game development and dramatically enhances the overall user experience, putting the focus back on the player.

Previously exclusive to Avalanche, Beam will now also launch on Immutable zkEVM, a groundbreaking scaling solution powered by Polygon. Beam will also incorporate Immutable’s next-gen web3 solutions, such as Immutable Orderbook and Immutable Passport, to help studios and content creators increase their revenue and liquidity by sharing in-game digital asset orders across the world’s leading marketplaces whilst also providing web3 game developers with the robust tools needed to instantly onboard players through passwordless sign-on and automated wallet creation.

“At the Merit Circle DAO, we want Beam – our gaming ecosystem – to be wherever games, players and developers are. This collaboration with Immutable and Polygon Labs represents a huge leap towards that vision,” said Marco van den Heuvel, CGO and Co-founder, Merit Circle. “That’s because we know, along with our new partners, that blockchain technology will soon define gaming – and that the gaming community needs a marketplace that reflects that. Our user-friendly applications, combined with Immutable’s zkEVM, powered by Polygon, are going to be a key piece of the gaming jigsaw in the very near future. We simply can’t wait to explore what’s next.”

This partnership comes off the heels of Immutable's recent announcements with Ubisoft Strategic Innovation Lab and Amazon Web Services (AWS). As the gaming industry continues to evolve, partnerships like these mark significant strides to address key challenges in mainstream adoption of blockchain technology in gaming.

Both Immutable and Merit Circle DAO are eager to harness the potential of their partnership, confident in its capacity to deliver a fresh, innovative experience that gamers will love. Whereas the starting point is the Sphere gaming marketplace, this collaboration aims to explore more synergies, and further contribute collectively to the gaming industry.

To illustrate the possibilities, Merit Circle DAO boasts one of the largest non-native treasury in the web3 gaming industry with over $100M+ assets with extensive network of portfolio games and deep expertise in gaming and the blockchain industry. Merit Circle DAO will be committed to opportunities to invest in games or studios building on Immutable.

submitted by /u/tvb46
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments