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Immutable expands Web3 gaming payment options with Transak integration

Immutable deploys Transak’s functionality into its zkEVM gaming development infrastructure, powering in-game cryptocurrency and fiat payment methods.

Web3 gaming firm Immutable is set to integrate Transak as the sole payment service provider for its Immutable zero-knowledge Ethereum Virtual Machine (zkEVM). The service is set to directly power fiat and Web3-based payments in gaming environments.

Transak’s service will be integrated into Immutable Checkout and Immutable Passport. The former acts as Immutable’s all-in-one transaction infrastructure for games and provides a configurable interface for game developers to integrate various payment options.

Transak’s on-ramp, off-ramp and nonfungible token (NFT) payment service allows fiat payments through credit and debit cards, as well as Apple Pay and Google Pay. Transak marketing head Harshit Gangwar told Cointelegraph that the payment rail will power in-game transactions for digital assets:

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The Metaverse We’ve All Been Waiting For: Wilder World Unveils Revolutionary Gameplay Trailer

Bitcoin struggles to flip $38K to support, while UNI, IMX, VET and ALGO aim to push higher

Bitcoin is facing resistance at $38,000, but UNI, IMX, VET and ALGO may extend their up-move in the short term.

Bitcoin (BTC) rose above $38,000 on Nov. 24, but the bulls could not build upon this strength. This suggests hesitation to buy at higher levels. Bitcoin is on track to form a Doji candlestick pattern on the weekly chart for the second consecutive week. This signals indecision among the bulls and the bears about the next directional move.

With Bitcoin maintaining near its 18-month high, BitMEX co-founder Arthur Hayes retained his bullish stance. In a X (formerly Twitter) post, Hayes said that the United States dollar liquidity was increasing, which is likely to push Bitcoin higher.

Crypto market data daily view. Source: Coin360

Another bullish projection came from PlanB, creator of the stock-to-flow family of BTC price models, who said in a post on X that Bitcoin may not stay at the current levels for long. PlanB expects Bitcoin to maintain an average price of at least $100,000 between 2024 and 2028.

Analysts have turned increasingly bullish in the past few days, but traders should exercise caution because every uptrend is bound to have corrections.

Could Bitcoin soar above $38,000 or start a corrective phase? Let’s look at the charts of the top 5 cryptocurrencies that may outperform in the near term.

Bitcoin price analysis

Bitcoin’s march higher has hit a wall near $37,980 but the bulls are not hurrying to close their positions. This shows that traders expect the uptrend to progress further.

BTC/USDT daily chart. Source: TradingView

The immediate support on the downside is the 20-day exponential moving average ($36,546). If the price snaps back from this support, it will signal that every minor dip is being purchased. That will increase the possibility of a break above $37,980.

If that happens, the BTC/USDT pair could rally to $40,000. This level may pose a strong hurdle to the bulls, but if buyers flip the $38,000 level into support on the downside, the rally could stretch to $48,000.

Conversely, if the price plummets below the 20-day EMA, it will indicate that traders are booking profits. The pair may then dump to $34,800.

BTC/USDT 4-hour chart. Source: TradingView

The bulls are trying to maintain the price above the moving averages but are finding it difficult to overcome the obstacle at $37,980. The relative strength index (RSI) is just above the midpoint, indicating that the bullish momentum is weakening.

If the price slips below the 50-simple moving average, the pair may plunge to the uptrend line. The bulls are expected to defend this level with vigor. On the upside, a break and close above $38,500 will indicate that bulls are in the driver’s seat.

Uniswap price analysis

Uniswap (UNI) fell below the 20-day EMA ($5.44) on Nov. 21, but the lower levels attracted aggressive buying by the bulls. That started a sharp rally on Nov. 22, which pushed the price to $6.60 on Nov. 24.

UNI/USDT daily chart. Source: TradingView

The up-move is facing selling near the overhead resistance of $6.70. The UNI/USDT pair has pulled back to the 38.2% Fibonacci retracement level of $5.92, and the next stop could be the 50% retracement level of $5.71.

A strong bounce off this zone will suggest that traders view the dips as a buying opportunity. That may enhance the prospects of a breakout above $6.70. Such a move will complete a double bottom pattern, which has a target objective of $9.60. The bullish momentum is likely to weaken below the 61.8% Fibonacci retracement level of $5.50.

UNI/USDT 4-hour chart. Source: TradingView

The bulls tried to protect the 20-EMA, but the bears had other plans. They pulled the price below the 20-EMA, starting a deeper correction. If the price sustains below the 20-EMA, the pair may tumble to the 50-SMA.

If the price turns up from the current level or bounces off the 50-SMA, it will suggest that lower levels are being bought. The bulls will then again try to propel the price to the overhead resistance of $6.70. If this resistance is surmounted, the pair may skyrocket to $7.80.

Immutable price analysis

Immutable (IMX) has been sustaining above the breakout level of $1.30 for the past several days, suggesting that bulls have the edge.

IMX/USDT daily chart. Source: TradingView

The price may pull back to the zone between $1.30 and the 20-day EMA ($1.20). This zone is likely to witness a tough battle between the bulls and the bears, but If the buyers prevail, the IMX/USDT pair could climb to $1.86.

Instead, if sellers tug the price below the support zone, it may trigger stops of short-term traders. That could accelerate selling and result in a sharper correction to the psychological level of $1.

IMX/USDT 4-hour chart. Source: TradingView

The 20-EMA on the 4-hour chart has flattened out, and the RSI is just below the midpoint, indicating a possible consolidation in the near term. The first support on the downside is $1.30. If buyers maintain the price above this level, it will suggest that the $1.30 is acting as a new floor.

On the upside, a break above $1.50 will signal the resumption of the up-move. The pair may travel to $1.59 and then to $1.63. Contrary to this assumption, a fall below $1.20 could tilt the short-term advantage in favor of the bears.

Related: XRP price bull flag hints at 20% rally by New Year’s

VeChain price analysis

Buyers propelled VeChain (VET) above the overhead resistance of $0.023 on Nov. 26 but are struggling to sustain the higher levels as seen from the long wick on the candlestick.

VET/USDT daily chart. Source: TradingView

Sellers will try to trap the aggressive bulls and pull the price to the 20-day EMA ($0.021). If the price rebounds off this level, it will suggest a positive sentiment. The bulls will then again attempt to overcome the obstacle at $0.023. If they can pull it off, the VET/USDT pair could rise to $0.027 and thereafter try to reach the pattern target of $0.031.

On the contrary, if bears sink the price below the 20-day EMA, it will indicate that the pair may remain stuck inside a large range between $0.014 and $0.023 for a while longer.

VET/USDT 4-hour chart. Source: TradingView

The pair has slipped back below the breakout level of $0.023, indicating that the bears have not given up and are selling at higher levels. The pair could next reach the 20-EMA, which is an important level to watch out for.

If the price rebounds off the 20-EMA, the bulls will make another attempt to drive the price above $0.023 and start the next leg of the rally to $0.027. On the other hand, a break below the 20-EMA may start a deeper correction to $0.020.

Algorand price analysis

Algorand (ALGO) reached the overhead resistance of $0.14 on Nov. 25, where the bears are expected to mount a strong defense.

ALGO/USDT daily chart. Source: TradingView

If the bulls do not give up much ground from the current level, it will suggest that traders are holding on to their positions, expecting a move higher. That increases the likelihood of a rally above the $0.14-$0.15 resistance zone. If that happens, the ALGO/USDT pair will complete a cup-and-handle pattern. This reversal setup has a pattern target of $0.20.

If bears want to prevent the up-move, they will have to drag the price below the critical support at $0.12. If this level gives way, the pair may tumble to $0.11 and then to $0.09.

ALGO/USDT 4-hour chart. Source: TradingView

The 4-hour chart shows that the pair is oscillating inside the $0.12 to $0.15 range for some time. In a range, traders usually buy near the support and sell close to the resistance. It is difficult to predict the direction of the breakout with certainty; hence, traders may consider waiting for the breakout before taking large bets.

If the price breaks above $0.15, the pair is likely to start the next leg of the up-move. The pair may first rise to $0.18 and then to $0.20. This positive view will be invalidated if the price turns down and falls below $0.12.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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VET, IMX, GRT and ALGO show bullish setups as Bitcoin trades above $37K

Large and small-cap altcoins are flashing bullish signs as Bitcoin price holds above $37,000.

Bitcoin (BTC) is on target to end the week with gains of about 6%, indicating continued demand from the bulls. MicroStrategy co-founder Michael Saylor said during a speech at the 2023 Australia Crypto Convention on Nov. 10 that Bitcoin’s demand on a monthly basis could surge between two to 10 times by the end of 2024. Additionally, the halving will reduce the supply by half. Saylor expects both these events will cause the price “to adjust up.” 

With almost a general consensus that Bitcoin’s price will move higher in 2024, analysts are busy projecting how high the rally could reach. Using its Terminal Price on-chain indicator, Look Into Bitcoin creator Philip Swift said that Bitcoin could hit at least $110,000 in its next bull cycle.

Crypto market data daily view. Source: Coin360

While Bitcoin continues to hog the limelight, several major altcoins have been charging higher. The broad-based cryptocurrency rally increases hopes that an altcoin season may be around the corner.

If the bullish sentiment sustains, altcoins may witness a rotation, wherein the high flyers face some profit booking, and the laggards start moving higher. Let’s look at the charts of the top-5 cryptocurrencies that may outperform in the near term.

Bitcoin price analysis

Bitcoin has been holding above the ascending channel pattern for the past three days, indicating that the bulls are defending the breakout level.

BTC/USDT daily chart. Source: TradingView

The bulls will try to thrust the price above $38,000 and start the northward march toward $40,000. While the upsloping moving averages indicate that the bulls are in control, the overbought levels on the RSI warn of a potential correction.

If the price skids back into the channel, it will suggest that the markets have rejected the higher levels. That could open the doors for a fall to the channel’s support line, which is close to the 20-day exponential moving average ($34,784).

The bears will have to sink the price below the channel to indicate the start of a solid correction. The BTC/USDT pair may then decline to the $32,400 to $31,000 support zone.

BTC/USDT 4-hour chart. Source: TradingView

The bulls are buying the dips to the 20-EMA on the 4-hour chart but have failed to resume the uptrend. This suggests a lack of demand at higher levels. The bears will try to utilize this opportunity and drag the price below the 20-EMA. If they do that, the pair may fall to the 50-SMA.

On the contrary, if the price turns up from the current level, it will suggest that the bulls have flipped the breakout level from the channel into support. That will enhance the prospects of a rally above $38,000.

VeChain price analysis

VeChain (VET) completed a double bottom pattern after bulls pushed the price above the overhead resistance of $0.021 on Nov. 6.

VET/USDT daily chart. Source: TradingView

The bulls have managed to ward off attempts by the bears to pull the price back below $0.021. This suggests buyers are trying to flip the $0.021 level into support. The bulls will next attempt to propel the price above $0.023 and resume the up-move. If they do that, the VET/USDT pair could rally to the pattern target of $0.028.

Contrarily, if the price fails to rise above the $0.023 resistance, the likelihood of a drop to the 20-day EMA ($0.020) increases. A break and close below this support will suggest that the bears are back in the game. The pair may then slump to the 50-day SMA ($0.018).

VET/USDT 4-hour chart. Source: TradingView

The pair has been consolidating above the breakout level of $0.021 for some time. The 20-EMA is flattening out, and the RSI is near the midpoint, indicating a balance between supply and demand.

This equilibrium will tilt in favor of the buyers if they kick the price above $0.023. That could start the next leg of the uptrend. Instead, if the price turns down and plummets below $0.021, it will indicate that the markets have rejected the higher levels. That could start a fall to $0.020.

Immutable price analysis

Immutable (IMX) has risen sharply in the past few days, indicating that the bulls are attempting a comeback.

IMX/USDT daily chart. Source: TradingView

The recovery is expected to face a formidable resistance at $1.30. If the price does not give up much ground from this level, it will enhance the prospects of a break above the overhead resistance. The IMX/USDT pair could then start a rally to $1.59.

The overbought level on the RSI warns of a possible correction or consolidation in the near term. If the price turns down sharply from the current level or $1.30, it will indicate that the bulls are rushing to the exit. That may pull the price down to the 20-day EMA ($0.84).

IMX/USDT 4-hour chart. Source: TradingView

The pair is gradually moving toward the overhead resistance of $1.30. The upsloping moving averages indicate that bulls remain in command, but the negative divergence on the RSI suggests that the bullish momentum is weakening.

Sellers may mount a vigorous defense at $1.30, but if the price stays above the moving averages during the pullback, it will improve the prospects of a rally above the overhead hurdle. Alternatively, if the price turns down sharply and slides below the 50-SMA, it will indicate the start of a pullback to $0.80.

Related: FTX files billion-dollar lawsuit against ByBit over asset withdrawals

The Graph price analysis

The Graph (GRT) has corrected after a sharp up-move, but a positive sign is that the bulls have managed to keep the price above the 20-day EMA ($0.12).

GRT/USDT daily chart. Source: TradingView

The GRT/USDT pair has been attempting to resume the up-move, but the bears are posing a strong challenge at $0.14. The upsloping moving averages and the RSI in the positive territory indicate that the path of least resistance is to the upside.

If bulls overcome the obstacle at $0.16, the pair may resume its uptrend. The pair could thereafter travel to $0.21. Contrary to this assumption, if the price turns down and breaks below the 20-day EMA, it will indicate that the up-move has ended.

GRT/USDT 4-hour chart. Source: TradingView

The pair has found support at the 50-SMA on the 4-hour chart, but the bears are trying to halt the recovery near $0.14. If buyers pierce this resistance, the pair could retest the barrier at $0.16. This level may again witness a tough battle between the bulls and the bears.

On the downside, the 50-SMA remains the key level to keep an eye on. If this level gives way, the pair could tumble to the strong support at $0.12. This level is likely to attract buying by the bulls.

Algorand price analysis

Algorand (ALGO) is forming a rounding bottom pattern, which will complete on a break and close above the overhead resistance at $0.14.

ALGO/USDT daily chart. Source: TradingView

The upsloping moving averages and the RSI in the overbought zone indicate that the bulls are at an advantage. If buyers maintain the price above $0.14, it will signal the start of a new up-move. The pattern target of the reversal setup is $0.20. If this level is scaled, the up-move may reach $0.24.

Alternatively, if the price turns down sharply from $0.14, it will suggest that bears continue to defend the level with vigor. The ALGO/USDT pair could then slump to the 20-day EMA ($0.12).

ALGO/USDT 4-hour chart. Source: TradingView

The bulls are buying the dip to the moving averages, indicating that the sentiment is turning positive. The real test for the bulls is at $0.14. If they shove and sustain the price above this level, the pair is likely to pick up momentum.

On the downside, the moving averages remain the key level to watch out for. A break below the 20-EMA could pull the price to the 50-SMA. If this level cracks, the pair may start a correction to $0.10.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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AAA studio Ubisoft to develop Web3 gaming experience with Immutable

Blockchain gaming firm Immutable announces partnership with Ubisoft’s Strategic Innovation Lab to develop Web3 games.

AAA gaming studio Ubisoft has partnered with blockchain game firm Immutable to collaborate on developing Web3 games through its Strategic Innovation Lab.

An announcement shared with Cointelegraph said the two studios will combine their expertise to intertwine mainstream gaming development quality with Web3-enabled functionality.

Nicolas Pouard, who heads up Ubisoft’s blockchain initiative, noted that Immutable’s existing blockchain infrastructure and its experience integrating decentralized functionality into games was a vital driver of the partnership:

“We’re excited to partner with them and look forward to bringing that level of fluidness within a full-fledged game, so players only have to focus on the fun of the experience.”

Immutable co-founder and CEO James Ferguson added that the collaboration marks an important milestone for the Web3 gaming sector.

“We couldn’t be more excited to explore with Ubisoft the benefits of Web3 and digital ownership for players. We plan to bring the full weight of our ecosystem to bear to ensure the partnership’s success,” Ferguson said.

The partnership comes off the back of successful demos of Immutable’s flagship titles, including Guild of Guardians, Metalcore, Shardbound and Infinite Victory. These various titles offer gamers different genres to explore that incorporate defining Web3 aspects like immutable ownership of in-game assets.

Related: Web3 gaming investors more ‘choosy’ in crypto winter — Animoca’s Robby Yung

Immutable also recently launched the test network of its zero-knowledge rollup (ZK-rollups) gaming solution Immutable zkEVM. ZK-rollups have been in the spotlight throughout 2023 as a significant layer 2 Ethereum scaling technology that enables high-throughput, low-cost transactions for decentralized applications, services and solutions.

The firm has rolled out two different ZK-based scaling solutions to date, including Immutable zkEVM which operates on Ethereum layer-2 Polygon, as well as Immutable X which is a separate rollup solution developed by ZK pioneers StarkWare.

Immutable’s gaming platform provides infrastructure for gaming studios to build games that run on the Ethereum blockchain.

Web3 games are beginning to break their way into the mainstream gaming space as 2024 looms. Cointelegraph exclusively reported that Illuvium Labs will have its flagship gaming title Illuvium listed on mainstream gaming publisher Epic Games Store on Nov. 28, which is home to hugely popular games like Fortnite.

Magazine: Exclusive: 2 years after John McAfee’s death, widow Janice is broke and needs answers

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Game review: Immutable’s Guild of Guardians offers mobile dungeon adventures

Guild of Guardians is a dungeon-crawling mobile adventure game with a play-to-earn twist.

From Oct. 9–20, Immutable invited playtesters to try out an early demo of its upcoming mobile game, Guild of Guardians.

Guild of Guardians was first announced in 2021. Its utility token, Guild of Guardians Gems (GOG), went up for sale in December 2021, raising over $5.3 million for the game’s development. In addition, over 800,000 individuals registered for the token sale, which Immutable claimed was an “oversubscription” of 82 times vs. the expected demand. It is being developed by Mineloader, which is the same company that created the Final Fantasy VII remake and Final Fantasy XIV: Endwalker. Gods Unchained creator Immutable is publishing the game.

According to the game’s roadmap, it is expected to be released in open beta sometime in the fourth quarter of 2023. The Guild of Guardians documents state that it will be a free-to-play and play-to-earn mobile game. Players will not need to make any purchases to begin playing the game and start earning nonfungible tokens (NFTs) or game tokens. To finance the game’s further development after launch, Immutable will sell “seasonal content” consisting of limited edition NFTs, including “heroes, pets, guilds and energy boosters.” They will also charge a percentage fee on secondary sales of some of the game’s items.

Guild of Guardians demo opening screen. Source: Guild of Guardians demo

The play-to-earn aspect of Guild of Guardians will revolve around crafting equipment and summoning heroes. Players will be able to earn crafting materials as they progress through dungeons, which they’ll be able to use to mint NFTs that represent gear. They’ll also be able to collect “common” heroes that can be combined into higher rarities and minted on the blockchain. Guild of Guardians NFTs are minted on the Immutable X network, while the GOG token is on Ethereum.

Ever since the fundraise, details about the state of the game’s development have been scarce. But Immutable invited members of the media to playtest the game From Oct. 9 to 20, and this writer was one of the persons invited. 

An Android and iOS mobile game

Guild of Guardians is designed entirely for mobile. You can play it on a mobile phone or tablet, and it’s available for both iOS and Android. But there’s no way currently to play it on a PC or console, and the team doesn’t appear to be planning to make a PC version anytime soon, if ever. The controls of the game are optimized for mobile gameplay, as the battles are mostly automated, with very little real-time control during fights.

Related: What is Gods Unchained, and how to play it.

In the Guild of Guardians docs, the team emphasized that mobile games are more accessible than any other type of video game. The number of people in the world who own smartphones is much greater than the number who own PCs, which is why they chose to make Guild of Guardians strictly a mobile game with touch-screen controls.

A dungeon-crawling adventure

Guild of Guardians is a classic “dungeon-crawl” game. The main gameplay consists of progressing through various dungeons, fighting monsters and opening treasure chests for loot. Players can choose which dungeon to explore by clicking on it from within an in-game world map.

Once a dungeon is chosen, the player’s party of heroes loads into the first room, which usually contains monsters that can be fought. After each room is cleared, the player can choose which room to go to next. Different rooms contain different enemy strengths and rewards, and the player is presented with these metrics when making the decision. Some rooms contain treasure chests, healing or other boosts that may help the party to progress.

Once a player progresses through all of the choices and defeats all the monsters, the dungeon ends. In this case, the main menu pops back up, and the heroes who died in the dungeon are resurrected. If all party members die before the dungeon is completed, the player fails the dungeon. However, they still get to keep the items they acquired from their partial completion.

New dungeons become unlocked as old ones are completed. If the player completes all of the dungeons, they unlock a new “infinite” mode. This mode apparently allows a player to play through never-ending randomly generated dungeons for even more loot. I unfortunately didn’t make it far enough to test out infinite mode.

Automated battles

The game has mostly automated battles. To start a battle, the player clicks on a “fight” button and watches the fight play out. They can choose to activate characters’ ultimate abilities manually, in which case there is some interaction during battles. However, they can also choose to have these abilities activated automatically, making the battles a completely passive experience.

Battle from an earlier build of Guild of Guardians. Source: Guild of Guardians

The challenge to winning a battle comes from decisions made before it begins. Before entering a dungeon, the player chooses which heroes to put into a party. Each hero has different abilities. Some are tanks or healers, while others are focused on damage-dealing. To succeed, the player needs to create a party out of characters whose abilities complement each other. In addition, characters can be placed in various positions within the party’s formation before a battle begins. Tanks should go in the front, while ranged damage dealers and healers should be placed in the back. Players also influence their ability to win by deciding which gear to outfit their characters with.

I found that the battles were pretty balanced in terms of difficulty. My party cleaved its way through lots of small trash packs with ease, while there were a few bosses that slaughtered them without mercy. I was happy to see that heroes are automatically resurrected after a dungeon failure.

Collecting heroes and crafting

Two of the most important goals in Guild of Guardians are to collect heroes and craft equipment. To get a new hero, the player must obtain a “summon,” which allows them to roll for a randomly selected hero. There seems to be a wide variety of heroes that can be collected, each with different artwork, ultimate abilities and stats.

Some of the “summons” can be obtained as rewards for exploring dungeons, while a certain number are also given out as login rewards. Players get two heroes in the tutorial: one tank and one healer.

I found that the hero-collecting system was a pretty satisfying reward mechanic. The heroes had a lot of variety in terms of stats and abilities, which made getting a new hero feel significant.

To craft gear, the player needs to collect crafting materials within dungeons. I crafted a single item throughout my playtest sessions but couldn’t gain more experience than that. The game’s documents state that gear items differ in terms of rarity, with more rare items requiring more rare materials to craft. Different pieces of crafted gear provide different unique buffs; some items are parts of sets that give bigger bonuses if a character wears more than one piece from the set, the documents stated.

Related: Game review: Axie Infinity currently rules the Pay-to-Win-to-Earn roost

In conclusion

The Guild of Guardians demo that I played was an early version of the game. The public release will likely have more features and content. But so far, the game’s development seems to be on the right track. The battles are challenging, and there are a variety of strategic decisions the player has to make in order to succeed. This is not a run-of-the-mill play-to-earn game featuring mindless grinding for cryptocurrency. The gameplay is engaging and requires significant thought from the player. Fans of turn-based RPGs may enjoy Guild of Guardians, as it scratches their itch for strategic challenges.

On the other hand, players who are looking for Diablo-style real-time action may want to pass over Guild of Guardians when it’s released. The battles in the game are almost entirely automated, so there’s no test of reflexes in this particular dungeon-crawler.

The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch

Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago.

Scroll, a new contender in the zero-knowledge Ethereum Virtual Machine (zkEVM) space that works to scale the blockchain, has confirmed the launch of its mainnet.

The team behind Scroll announced the launch in an Oct. 17 post and added that existing applications and developer tool kits on Ethereum can now migrate to the new scaling solution.

“Everything functions right out of the box,” the Scroll team said.

A zkEVM solution such as Scroll’s aims to provide lower transaction costs at a higher throughput for decentralized applications running on Ethereum.

It works by batching thousands of transactions off-chain into one, then submitting a proof consisting of a minimal data summary to Ethereum’s mainnet.

Blockchain data suggests Scroll had withheld the news that its mainnet was live since Oct. 8 — the date at which the first smart contract was deployed on thScroll mainnet, according to Etherscan data.

Scroll said the mainnet launch came after 15 months of extensive testing and security audits across three separate testnets.

“Our bridge and rollup contracts were audited by OpenZeppelin and Zellic,” Scroll added. Its zkEVM circuits were reviewed by Trail of Bits, Zellic, and KALOS.

Across its three testnets over 450,000 smart contracts were deployed enabling over 90 million transactions across 9 million blocks. 280,000 ZK-proofs were also generated the firm said.

About a month ago, Scroll co-founder Ye Zhang told Cointelegraph Scroll would launch with centralized features but plans to increasingly decentralize over time.

“We will have a centralized sequencer and the central approver button,” Zhang said. He added a plan is in place to remove that button, however.

“We have a roadmap [...] To solve the single point of failure and to incentivize the community to build better proving hardware.”

Zhang said the Scroll team will also pitch several proposals to let the community discuss what’s best for Scroll moving forward.

Related: ConsenSys launches Linea zkEVM to further scale Ethereum

Scroll was founded in 2021 with the goal to be more community-driven. Other zkEVM solutions working to scale Ethereum include Polygon, zkSync, StarkWare and Immutable.

Jordi Baylina, technical lead of Polygon Hermez zkEVM, recently told Cointelegraph that such competition in the zkEVM space is only going to make the Ethereum ecosystem more robust:

“Having different projects adds a lot of experience, and it’s also a way to test different approaches, ways of handling things or solving things,” he said.

Magazine: Attack of the zkEVMs! Crypto’s 10x moment

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Immutable links with AWS in latest Web3 gaming push

The blockchain gaming firm said it will gain access to a vast pipeline of game studio leads and support for successful deal closures.

Web3 gaming platform Immutable has partnered with Amazon Web Services to extend options for game developers as the cloud service provider expands its startup accelerator programs.

In an Oct. 10 blog post, Immutable said AWS added it to a list of companies within its ISV (independent software vendors) Accelerate Program, where organizations provide software solutions that run on or integrate with AWS.

Additionally, developers looking to build on Immutable’s blockchain can join AWS Activate, a program that provides perks including technical support, training and $100,000 worth of AWS cloud credits.

AWS head of startups Australia, John Kearney, told Cointelegraph that Immutable is a “great example of a local Aussie startup that has gone global” and reaffirmed the cloud provider’s commitment to expanding Web3 game development using its infrastructure.

Immutable has been built with Amazon EventBridge and AWS Lambda, serverless services that use events to connect application components together. This has enabled the platform to "increase its scalability to handle a 10x increase in partnered games,” according to the announcement.

Concerns have previously been raised about the centralization of gaming and Ethereum along with the reliance on Amazon — the market leader capturing about a third of the cloud services market.

Immutable product marketing lead, Michael Powell, alleviated some of those concerns — explaining to Fortune in an Oct. 11 report:

“A lot of blockchain purists are very big into the idea of decentralization and that everything has to be on-chain and that’s a massive deviation from where game developers actually build.”

Related: Immutable’s Gods Unchained launches on Epic Games Store

In August, Immutable began public testing its zkEVM, or zero-knowledge Ethereum Virtual Machine, in collaboration with Polygon Labs.

According to the firm, zkEVM will lower development costs for game developers while providing the security and network effects that come with the Ethereum ecosystem.

Immutable was valued at $2.5 billion in March 2022 following a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek.

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Web3 game Gods Unchained releases ‘Sealed Mode’ to mimic paper card games

Immutable’s Gods Unchained game launched a new tournament mode that allows players to build a deck with random cards.

Web3 game Gods Unchained released a new gameplay format that allows players to compete with semi-random cards they receive at the start of a tournament. Called “Sealed Mode,” the format is intended to reward highly skilled players, even if they don’t have a large or expensive card collection. The new format was announced via a blog post on Sept. 13.

“Sealed deck” tournaments are common in paper collectible trading card games such as Magic: The Gathering, but are relatively rare in digital trading card games.

According to the post, players can participate in sealed mode if they pay an entry fee of 15 Gods Unchained ($GODS) tokens, worth approximately $2.65 at the time of publication. Once they pay this fee, they receive a random selection of three gods they can choose to build a deck around. In addition, they receive 60 random cards drawn from multiple Gods Unchained card sets, including Etherbots, Mortal Judgement, Winter Wanderlands, and others.

Although the pool of cards is semi-random, it also contains a minimum number of cards of specific types to ensure that a viable deck can be built with it. For example, each pool has at least 12 cards that cost 3 mana or less.

Related: What is Gods Unchained, and how to play it

Out of each player’s pool of 60 cards, they must build a minimum 30-card deck, the post stated. The players must build their decks entirely out of the cards provided and cannot use cards from their own personal collection.

After building a deck, players compete until they either lose three matches or win seven. The players with better records at the end of the tournament receive more rewards than the players who have worse records. Some cosmetic rewards are only available in sealed mode and can only be obtained by players who win four matches or more.

'Sealed mode' in Gods Unchained is meant to be similar to 'sealed deck' or 'draft' tournaments for face-to-face card games like Yu-Gi-Oh!, Pokemon, and Magic: The Gathering. Players of these games often use sealed formats to collect cards. However, because most digital card games do not allow players to 'own' their cards in any meaningful sense, sealed tournaments were virtually unknown in the digital card game world. In Gods Unchained, each card is represented by a nonfungible token stored on the Immutable X network, a layer-2 of Ethereum.

Gods Unchained was one of the first Web3 video games released by Immutable. In May, Immutable stated it was developing a wallet application called “Passport” that would allow gamers to log in without needing to copy down seed words. On Aug. 15, Immutable released its zkEVM testnet, which it claimed will help scale Ethereum for video game players.

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Immutable zkEVM begins testnet phase with 12 Web3 games in development

The Web3 gaming company announced that its fully Ethereum-compatible network is now available for public testing.

Web3 gaming platform Immutable has commenced public testing of its Immutable zkEVM in collaboration with Polygon Labs.

Work on the zero-knowledge Ethereum virtual machine (zkEVM) network began in March after Immutable announced a partnership with Polygon Labs. Polygon's own 'holy grail' Ethereum-scaling zkEVM hit mainnet on March 27. 

In an Aug. 14 announcement, Immutable said its zkEVM will give game developers access to lower development costs, and the security and network effects that come with the Ethereum ecosystem.  In March, Immutable co-founder and president Robbie Ferguson said the zkEVM is aimed at increasing ownership rights for Web3 gamers. 

Immutable zkEVM developer documents. Source: Immutable.

Over 20 gaming companies have partnered with Immutable to support the launch, including GameStop, TokenTrove marketplace, Web-based game distributor Kongregate, game designer iLogos, and others, according to Immutable.

At least 12 games have already started building their Web3 titles on zkEVM, it added. These include CoinArcade, Galaxy Commanders, Medieval Empires, MetalCore, Meta Toy, DragonZ SAGA, Rune Realms, Shardbound, Infinite Victory, EF Defense, and SimWin Football. MetalCore in particular has announced a beta launch date of September 15 on Immutable zkEVM.

Immutable zkEVM testnet will use zero-knowledge proofs to secure transfers between itself and Sepolia Ethereum, allowing developers to test out how the mainnet version will work once it launches.

The network is fully compatible with Ethereum applications, meaning that developers can port Ethereum projects over to it with minimal changes, Immutable stated. The team will also be deploying an “Immutable Relayer for currency abstraction and gas sponsorship” soon, which will allow developers to create gas-less wallet accounts.

Immutable chief technology officer and co-founder Alex Connolly expressed his view that the new network will be “irresistible” to developers, stating:

“This chain, combined with our suite of platform products, is the first end-to-end EVM solution dedicated exclusively to making games successful. We’re already seeing a massive influx from games, players and partners that will make the Immutable ecosystem irresistible for the next generation of web3 games."

Immutable is the developer of the Gods Unchained Web3 trading card game, which was originally launched on Ethereum. In April 2021, the company launched its first zero-knowledge-based layer 2 network Immutable X in an attempt to lower transaction fees for players of its games.

Related: Immutable’s Gods Unchained launches on Epic Games Store

However, that network is not fully compatible with the Ethereum virtual machine (EVM), the computation engine that Ethereum uses. For this reason, users of Immutable X must create derivative keys through a web interface in order to use the network. By contrast, users should now be able to simply switch networks within their wallets to access Immutable zkEVM.

Ethereum founder Vitalik Buterin has recently weighed in on the benefits and disadvantages of zkEVMs, saying that they may cause data inefficiency and latency issues but may also greatly improve the scalability of Ethereum.

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Immutable’s Gods Unchained launches on Epic Games Store

The trading card game, which features NFT cards, will now be available to Epic Games’ 230 million customers.

Immutable Games’ Web3 trading card game Gods Unchained is now listed on the Epic Games Store and is available to its 230 million customers, according to a June 21 announcement.

Gods Unchained is a collectible trading card game similar to Hearthstone or Magic: The Gathering Arena but with cards players can own and trade. Each card is represented by a nonfungible token (NFT) on the Ethereum layer-2 network Immutable X. The game was released in June 2019 and grew its player base over the next two years to reach 80,000 weekly active players in January 2022.

The Epic Games Store is a digital game distribution platform similar to Steam or GOG.com. Over 230 million PC gamers use Epic Games to find new games to play, according to the developer’s “2022 Year in Review” post from March.

Epic Games Store homepage. Source: Epic Games

Daniel Paez, executive producer of Gods Unchained, sees the Epic Games listing as a pivotal moment in the game’s history. “It is hard to overestimate the significance of Gods Unchained’s launch on Epic Games Store, one of the largest PC gaming platforms in the world,” he stated. “We are extremely excited to present our game to a completely new and truly massive audience of traditional PC gamers and TCG enthusiasts.”

Related: What are Web3 games, and how do they work?

The listing comes at a time when Web3 publishers continue to counter hostile actions from Steam, the world’s largest PC game distributor. In October 2021, Steam announced that Web3 games were not welcome on its platform while also delisting Age of Rust due to the perks the game offered to holders of its NFTs.

In March, former MetaMask team members released a rival distribution platform called Hyperplay to combat Steam’s action. Hyperplay provides access to the Epic Games and GOG.com stores from within its interface and offers its own list of Web3 titles. On June 8, the Hyperplay team raised $12 million to further the platform’s development and expand its reach.

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