en
Back to the list

Eldarune secures 50,000 IMX grant from Immutable as part of a new strategic collaboration

source-logo  invezz.com 20 May 2024 20:27, UTC

Eldarune just announced a strategic collaboration with Immutable that will see it receive a grant of 50,000 IMX tokens from the Web3 games development platform as well.

Details of Eldarune-Immutable partnership

The milestone-based grant from Immutable is exclusive to Heroes of Eldarune – a flagship trading card game (TCG) of the Web3 game studio.

Immutable will release the grant in three stages. The full grant will be unlocked upon achieving a total trading volume of $9.3 million for Eldarune NFTs on ImmutableX zkEVM, as per a press release on Monday.

Teaming up with Immutable is a significant step for Eldarune that is slated to launching on the zkEVM mainnet powered by Polygon. According to Can Picak – the chief executive of Diga Labs and developer behind Eldarune:

We bring the gaming experience in the Eldarune ecosystem to the highest level with the cutting-edge technology in gaming with Immutable.

What’s in it for Eldarune?

The Immutable partnership will help Eldarune offer low transaction costs. It will also enable the Web3 game studio to scale and leverage unique features like EVM compatibility while maintaining Ethereum-level security.

Picak is convinced that the strategic collaboration will deliver a boost to interoperability and utility of Eldarune NFTs as well. The grant will also enable Eldarune to unlock new utilities for its NFTs, providing additional value for players and collectors, the press release added on Monday.

Eldarune expects working with Immutable to help it achieve its ambitious goals as well.

The partnership will set new standards in the Web3 gaming industry, showcasing potential of blockchain technology in creating simple, immersive, and interactive gaming ecosystems, Eldarune said today.

The post Eldarune secures 50,000 IMX grant from Immutable as part of a new strategic collaboration appeared first on Invezz

invezz.com