Immutable and Polygon Labs create a strategic alliance for Web3 gaming
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Immutable and Polygon Labs have formed a strategic alliance aimed at accelerating the adoption of Web3 gaming.
Immutable is the company behind ImmutableX and Immutable zkEVM for scaling Web3 gaming transactions on Ethereum. Polygon Labs makes Layer 2 Ethereum scaling solutions for the Polygon blockchain protocol.
The alliance brings together two companies that received close to $2 billion in investor funding in 2022. The companies hope it will have a significant positive impact on the multi-billion dollar gaming landscape. They’re announcing it at the Game Developers Conference in San Francisco today.
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As part of the alliance, Immutable will power its platform products with Polygon’s zero-knowledge technology to accelerate digital ownership for gamers worldwide. This alliance simplifies decision-making for game studios and developers and provides a smart, safe choice for business leaders that accelerates time-to-market and gives them access to an ecosystem that will be one of the largest and most liquid for end users, the companies said.
Zero-knowledge proofs have led to much more efficiency in blockchain computing, Wyatt said. Zero knowledge enables a blockchain protocol like Polygon to know something is true or correct without needing much more information and computing, thereby getting rid of a lot of unnecessary data and the computing waste that comes with it. A
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