blocktribune.com
Mandala, a company building a multi-platform interoperable metaverse, has teamed with Immutable X, a Layer 2 scaling solution for NFTs.
Mandala is a media franchise that leverages and promotes the intersection of technology, spirituality, sustainability and entertainment via web3, gaming, graphic novels, TV and digital content, all in creative convergence with the real world and the Metaverse.
Immutable X is the leading Layer 2 scaling solution for NFTs to enable gas-free minting and trading, while not compromising the security of the most used blockchain globally for NFTs, Ethereum. The solution, powered by StarkWare’s innovative technology, offers instant trade confirmation, massive scalability (up to 9,000 transactions per second), and fantastic developer and user experience.
Mandala will be leveraging Immutable X’s Layer 2 scaling technology for Ethereum to build an AR-based geo-location AAA Unreal Engine MMORPG to bring the Mandala universe storytelling to a new level. The partnership will also enable Mandala leverage all of the marketplaces on Immutable X’s shared orderbook for secondary liquidity and maximizing secondary trading as it builds the Mandala Metaverse to scale.
“For Mandala to reach its critical mass and build the world’s first ‘Enlightenment Simulator,’ partnering with Immutable X as the leading platform for the next generation of Web3 games was a no-brainer,” said Jon Shanker, CEO of Mandala. “The strong ecosystem it is creating, and building an authentic decentralized community, is in alignment with what Mandala has been searching for; a real foundation for our partners to create a cross platform game and interoperable metaverse to counter the centralizing forces. Utility NFTs, like game assets, have traditionally struggled to achieve strong liquidity at a huge scale without compromising decentralization or security. Immutable solves those problems for Mandala, allowing millions of users to own their assets while becoming the heroes of their own lives.”
“Immutable is proud to be at the forefront of exciting and innovative projects in web3. Teaming up with Mandala is a perfect fit, as we continue to drive metaverse NFT communities, driven by gaming and entertainment in the near term,.” said Robbie Ferguson, co-founder of Immutable. “Mandala is building a unique universe that’s poised to capture the attention of both web3 natives and those just testing the waters in the space, and we’re excited to equip them with the tools necessary to power their expansive vision.”