These metaverse coin exclusive games raised around $300 million, while multi-chain games based on Immutable X raised over $600 million in 2022.
This metaverse coin has collected huge amount
According to a recent report from Delphi Digital, Immutable X (IMX) games raised the most significant amount in Web3 funding in 2022. Immutable X-exclusive games and Immutable X-based multi-chain games received approximately $300 million and over $600 million in funding, respectively.
With these investments, Immutable X surpassed Solana and Polygon to become the most funded Layer-2 Web3 gaming ecosystem in 2022. According to the report, Immutable X has over 100 out of five games over the course of the year.
Polygon trailed Immutable X in a close second, with a total funding of $850 million. Polygon’s multi-chain game raised about $750 million, roughly $150 million more than the multi-chain equivalent of Immutable X. However, games exclusive to Polygon underperformed relatively, raising just over $150 million all year.
Gaming accounts for a large portion of all Web3 investment
According to a recent report, the total amount of funds raised by the leading Web3 categories reached $7.1 billion in 2022, with the Web3 gaming industry accounting for 62.5% ($4.49 billion).
Immutable X CTO Alex Connolly gave an exclusive interview on November 18, 2022. As we stated as Kriptokoin.com, the value of the company at that time was $ 2.5 billion, which it reached in two years. Conolly talked about the ability of Web3 games to empower players by giving them full ownership of their in-game assets.
What is Immutable X?
Immutable advances the world of NFT through Immutable X, an industry-leading NFT mining and trading platform, and Immutable Studios, an NFT game development studio.
Immutable X is a second layer (L2) scaling solution for NFTs on Ethereum with instant trading, massive scalability, and zero gas fees for printing and trading, without compromising user or asset security. Enhanced by StarkWare’s powerful STARK verification and aggregation technology, Immutable X is the most technically advanced solution ever for NFT scaling.
The IMX token is the native ERC20 service token of the Immutable X protocol, which users can earn by conducting pro-network activities such as trading and can be used to pay fees, perform governance, or take a stake in the protocol.
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