Immutable Unveils Wallet Tool for Web3 Game Logins

1 year ago 76

Released Immutable Passport

On January 31, ImmutableX (IMX), a platform for building and expanding Web3 games with Ethereum (ETH), announced “Immutable Passport”, a comprehensive solution to remove entry barriers for general gamers.

Introducing Immutable Passport, your passport to the future of gaming

We are developing Immutable Passport, the instant non-custodial wallet onboarding solution for web3 games. Designed to onboard the next billion users into web3 #onIMXhttps://t.co/A8WKmGUxlV pic.twitter.com/NOxmZl2vDk

— Immutable 🅧 – $IMX (@Immutable) January 31, 2023

Immutable Passport is optimized so that even users unfamiliar with crypto asset (virtual currency) wallets such as Metamask can immediately play Web3 (decentralized web) games developed on ImmutableX.

Basically, it is possible to issue a wallet address and store tokens necessary for Web3 game play. It is a self-custody wallet where the user himself manages the private key of the virtual currency.

Its distinguishing feature is its authentication tool. Issue a unique online ID, like an Apple ID, and then sign in with just your email and password. Authentication at each game play becomes smoother.

Source: Immutable X

Current dApps (decentralized web) often require entering a wallet password when accessing, but Immutable Passport eliminates this hassle. It is also smooth to list in-game items (NFT) on the marketplace.

Immutable Passport covers the three points that Web3 game development companies emphasize through Immutable’s own customer survey: ease of onboarding, security, and plug-and-play functionality.

Game studios developing with ImmutableX have the advantage of reducing the cost of user onboarding (education for application) and focusing on development and player analysis. Passport’s API and infrastructure can be easily integrated, and it is possible to obtain statistical data of users’ on-chain behavior.

Immutable co-founder Robbie Ferguson says he hopes to bring 1 billion gamers to Web3 in the future.

Onboarding needs to be invisible, secure, and work for all games, mobile, console and desktop. Immutable Passport will be a game changer, radically reducing user acquisition costs.

ImmutableX’s native token, IMX, has increased by 10% from the previous day and is ranked 73rd in the cryptocurrency market with a market capitalization of 77.5 billion yen ($600 million) (at the time of writing).

Relation:Immutable launches $670 million Web3 game fund

What is Immutable X?

Immutable X is an Ethereum L2 chain that can process 9,000 transactions per second with no transaction fees (gas costs). As a layer 2 dedicated to NFT, it supports NFT card games such as “Gods Unchained” and “Guild of Guardians”. As for technology, it uses “ZK-STARK”, a ZK rollup developed by StarkWare.

On the 25th, ImmutableX announced plans to develop a high quality MMORPG game “Search for Animera”.

Relation:ImmutableX to develop high-quality game “Search for Animera”

What is Web3

The current centralized web is defined as Web 2.0, and refers to an attempt to realize a non-centralized network using blockchain. A typical feature is the use case of decentralized networks such as blockchain, such as access to dApps using virtual currency wallets.

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