Immutable X Unveils Cross-Rollup Liquidity Solution on Ethereum with StarkNet, Supporting Planet-Scale Games with Multiple Layer 2 and Layer 3s

Immutable X Announces Roadmap for Multiple EVM Compatible Rollups to Create Cross-Rollup Liquidity Solution for NFTs on Ethereum

Immutable X, which is powering the next generation of web3 games as the leading carbon-neutral, scalable platform for trading NFTs on Ethereum, today announced its expansion to be the world's first cross-rollup liquidity platform for NFTs, built on StarkNet. This announcement allows players to directly trade any asset matched across multiple Ethereum Layer 2 and Layer 3 roll-ups, solving the liquidity fractionalization problem that occurs with every individual roll-up today and scaling to billions of users. The protocol will facilitate hundreds of thousands of transactions per second, supporting games with hundreds of millions of daily players to truly own their in-game items.

Immutable X x StarkNet

With StarkNet, developers will be able to deploy custom, composable smart contracts, making it easy for projects to migrate L1 smart-contract based games to Immutable instantly. Immutable X will lead the charge in offering L3s to games with more than 10 million active users who require dedicated throughput and don't want to compete for capacity with others.

"This is the future of Ethereum - multiple roll-ups for different purposes and games, each abstracted and unified in liquidity via Immutable X - while never compromising on Ethereum's security," said Robbie Ferguson , Co-Founder at Immutable. "The next billion players can scale across hundreds of L3s, while never losing the liquidity and composability that makes Ethereum the strongest blockchain network in the world. Secure, composable and insanely scalable: welcome to L323."

Ethereum remains the #1 choice for game developers, and Immutable X is focused on bringing the best games in the world to Ethereum. Until now, any web3 project that required both scale and composability had no choice but to choose a less-secure, non-Ethereum Layer 1, which is prone to suffer outages and where assets can incur significant liquidity penalties. Immutable X's mission is to ensure developers don't have to choose between Ethereum's security/liquidity and the UX of their game.

The integration of StarkNet as a new settlement environment on Immutable X removes many previous developer tradeoffs, including the lack of custom smart contracts, complex migration from Layer 1 to Layer 2, and composability. However, it will be a less performant and UX-optimized environment than Immutable X's current application-specific roll-up.

World-class games have different needs, and therefore Immutable X will support multiple L2/L3 zk-rollups for different use cases. This update to Immutable X's platform will allow liquidity to flow freely between these L2 and L3 environments so that the biggest games on Ethereum can build without constraints and achieve true planet scale.

"Supporting multiple roll-ups will increase the complexity of our product but will allow Immutable X to create the strongest ecosystem for gaming content without compromising liquidity," said Alex Connolly , Immutable co-founder and CTO. "Immutable is committed to being the premier platform for solving the challenges that prevent web3 games from reaching a global audience."

"We are thrilled StarkNet will play a key role in helping Immutable X win in web3 games, "said Uri Kolodny , co-founder & CEO, StarkWare. "Our partnership will seamlessly enable world-class games and projects to thrive on Immutable X and StarkNet across L2 and L3."

There are currently many projects in development that point to an exciting future for web3 gaming. Although each project shares the goal of creating a fantastic user experience and building a rich, long-term economy, each also has different roll-up layer requirements. Immutable X's plan to support multiple roll-ups by integrating with Starkware's new StarkNet zk-rollup solution will ensure that the company continues to lead the charge in offering planet-scale for games without compromising security.

About Immutable X
Immutable X, powering the next generation of web3 games, is the leading L2/L3 scaling solution for NFTs to enable strong liquidity at a huge scale without compromising decentralization or 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 a fantastic developer and user experience. Immutable X has announced integrations with leading marketplaces and is powering some of the most prominent NFT plays across consumer apps (TikTok), DeFi (SuperFarm), and gaming (GameStop, Highrise, ESL Gaming, Ember Sword, Planet Quest, Gods Unchained, Guild of Guardians, GreenPark Sports, Illuvium, MyCryptoHeroes+).

To learn more about Immutable, visit: https://www.immutable.com/

Immutable social media: LinkedIn , Twitter , Medium

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/immutable-x-unveils-cross-rollup-liquidity-solution-on-ethereum-with-starknet-supporting-planet-scale-games-with-multiple-layer-2-and-layer-3s-301554372.html

SOURCE Immutable X

News Provided by PR Newswire via QuoteMedia

GAMING00
The Conversation (0)
NorthStar Gaming Changes Date of Q4 and Year-End 2024 Earnings Webinar to May 1st

NorthStar Gaming Changes Date of Q4 and Year-End 2024 Earnings Webinar to May 1st

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") has announced a change of date for its upcoming Q4 and Year-End 2024 Earnings Webinar to May 1, 2025 at 11:00 am EDT. Further, the Company now expects to announce its fourth quarter and year-end 2024 financial results and file its condensed consolidated financial statements for the year ended December 31, 2024 ("FY2024 Financial Statements") and associated management's discussion and analysis as soon as possible, but no later than April 30, 2025, as permitted under applicable securities laws. The webinar is being delayed because the Company requires additional time to finalize its FY2024 Financial Statements and complete its year-end audit process.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
NorthStar Gaming to Host Q4 and Year-End 2024 Earnings Webinar on April 29th

NorthStar Gaming to Host Q4 and Year-End 2024 Earnings Webinar on April 29th

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") announces that on April 29th at 11:00 am EDT, the Company's Chair and CEO, Michael Moskowitz, will be presenting the Company's financial results and an update on current operations and strategic priorities. The Company expects to announce its fourth quarter and year-end 2024 financial results on April 24, 2025. NorthStar invites all investors and other interested parties to register for the webinar at the link below.

Date: Tuesday, April 29th, 2025
Time: 11am EDT
Register: Webinar Registration

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
NorthStar Gaming Launches Spring Tournament Series with Up To $100,000 Prize Pool on Slots, Parlay and Blackjack Tournaments

NorthStar Gaming Launches Spring Tournament Series with Up To $100,000 Prize Pool on Slots, Parlay and Blackjack Tournaments

Innovative new events position the Company as the destination for tournaments and prize pools

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") is once again raising the stakes and offering a total prize pool of up to $100,000 to be won.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
NorthStar Gaming Holdings (TSXV:BET)

NorthStar Gaming Announces Short-Term Financing

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") today announced that it has issued a $3.5 million unsecured, interest-bearing promissory note dated as of December 16, 2024 (the "Note") to Playtech plc. The Note shall bear interest of 8% per annum, payable in arrears at maturity. Unless otherwise accelerated pursuant to its terms, the Note will become immediately due and payable on the earlier of (i) April 25, 2025; and (ii) the date on which the Company or any of its subsidiaries completes additional financing transactions with aggregate gross proceeds of at least $10 million, subject to certain exceptions. Proceeds from the Note will be used to fund the Company's continued growth and for general corporate purposes.

Keep reading...Show less
NorthStar Gaming Holdings (TSXV:BET)

NorthStar Gaming Holdings


Keep reading...Show less
Person holding phone that says "GameStop" in front of stock trading charts.

GameStop Frenzy Cools, E*Trade Considers Roaring Kitty Ban

GameStop (NYSE:GME) continues to cool following a trading frenzy that drove shares up by 75 percent between the close of trading last Friday (May 31) and the start of trading on Monday (June 3).

The brief rally, which took GameStop shares to US$40.09 on Monday morning, was sparked by a Reddit (NYSE:RDDT) post made late Sunday (June 2) by an account tied to the video game retailer's most prominent supporter, Keith Gill.

Gill, who ignited the meme stock craze in 2021 and is known as Roaring Kitty on other platforms, posted a screenshot on Reddit's Superstonk subreddit that shows a purported US$175 million position in GameStop shares and call options.

Keep reading...Show less

Latest Press Releases

Related News

×