Which Immutable X Projects Are Worth Checking Out?

Technology is always evolving and the same concept holds for blockchain technology. Immutable X helps solve a lot of Ethereum’s problems and projects built upon it have the potential to be very scalable. So let’s get started by first answering what Immutable X is. 

 

What is Immutable X?

Immutable X is an open-source ZK Rollup protocol that allows users to create and develop their decentralized applications, such as games and marketplaces, in a gas-free NFT environment. 

Immutable X is designed to allow users to construct and develop their decentralized applications, such as games and marketplaces. It is capable of processing thousands of transactions per second while keeping the security and network effect of Ethereum.

ZK-Rollups

Ethereum’s scaling problem can be solved by Immutable X’s layer-2 protocol using ZK Rollup technology.

It is possible to communicate validated data or execute computations with a third party using a cryptographic proof system known as ZK-STARK (Zero-Knowledge Scalable Transparent Arguments of Knowledge), without the data or computation being revealed in a publicly verifiable manner to the third party.

For a ZK-Rollup to function, there must be an “operator.” Transactions must be linearized, which implies that they must be placed in an orderly, worldwide increment with no gaps, and it is the operator’s responsibility to ensure that this occurs. Immutable X is the operator to use in this situation.

With Immutable X’s rollup technology, it is feasible to transfer, trade, and manufacture more than 9,000 NFT transactions every second. This size fulfills or surpasses the requirements of the vast majority of significant NFT initiatives.

Immutable X Features

Immutable X brings a lot to the table and it was made to help with Ethereum’s scalability problem. Their website claims to have these features:

• Zero gas fees
• Ability to set their trading fees.
• Users can keep their private keys.
• Huge scalability
• No centralized sidechain
• Ethereum secured
• Carbon neutral NFT trading
• High-quality mints
• Able to create ERC-721 and ERC-20 tokens

What is The Potential of Immutable X?

Immutable X has a huge potential. Its features help make its projects more scalable as well as make it more convenient to use because of its ability to process thousands of transactions at once.

What’s more is that Immutable X has raised $200 million in Series C funding to invest in blockchain gaming, valuing the company at $2.5 billion. Using the funds raised, Immutable Gaming Studio plans to build up its Immutable X layer-2 scaling solution for Ethereum’s non-fungible tokens (NFTs).

Games such as Gods Unchained and Guild of Guardians are also part of the portfolio. Zero-knowledge proof technology allows Immutable X to achieve Ethereum scalability while enabling game developers with zero gas prices and carbon-neutral environments.

Needless to say, projects built on Immutable X have greater potential compared to other projects built on Ethereum.

Which Hidden Gems Built on Immutable Should People Explore First?

Immutable X is relatively new compared to other projects but there are some games out there that are built on Immutable X. These games aren’t big yet but they have the potential to be in the future making them hidden gems.

Guild of Guardians

Guild of Guardians or GOG for short is a blockchain-based mobile role-playing game with more than 130k participants on the waiting list, in which gamers can turn their gaming hobbies into real-world money by trading in their virtual currency. 

Eventually, a fantasy action role-playing game will be released in which players can construct their own ‘Guardians’ and compete in a guild for epic, tradeable treasures will be made accessible.

Developers with extensive experience in the industry who have been there from the beginning are assisting in the completion of the project. In this attempt, Ubisoft, a well-known video game company, has lent its support in a significant way. This RPG features gameplay that is similar to that of Diablo but with cartoonish graphics.

The Guild of Guardians (GOG) token will be utilized as the game’s currency and economy, replacing real money. In addition to being able to engage in project management, GOG token holders will be able to obtain the token as a reward for completing in-game objectives.

Guild of Guardians is set to be released this year in 2022, making it one of the most anticipated games to be released in the coming years. If you enjoy Diablo’s distinctive mechanics, you should check it out. It also has the support of Ubisoft, so it has the backing and support of an experienced game company.

God’s Unchained

Gods Unchained is one of the most popular crypto-infused games to date. The game provides a verifiable online collecting card game experience in which the tokenized digital assets on the Ethereum blockchain are yours to possess.

In other words, you will be able to buy and sell the cards, which will have the same rarity and value as cards in a real-life game of cards.

In terms of gaming mechanics, God’s Unchained is a trading card game that is similar to Hearthstone in style. Although it has a crypto twist, anyone who is already familiar with Hearthstone will have no issue playing this game.

To begin, players must purchase packs of cards, each of which has a chance to contain uncommon or rare cards, to assemble their deck of cards. Each non-common card is tokenized as a non-fungible token (NFT), which is a digital asset that is not fungible.

Cards in online card games, such as Hearthstone, is almost always provided by the publisher as part of the entire game experience, rather than by the players. No one can legitimately claim ownership of them in the traditional sense. 

In God’s Unchained, the players can own the cards themselves as NFTs. In short, God’s Unchained offers digital cards with a monetary value that is comparable to that of physical cards.

The incorporation of crypto concepts into a free-to-play strategy card game might be the most intriguing feature of Gods Unchained. Card games are already popular on their own adding NFTs into the mix will give more players a reason to be more invested in the game.

Illuvium

Illuvium DAO is a decentralized autonomous organization (DAO) that is constructing a fantasy role-playing game on the Ethereum blockchain, and it is run by a group of volunteers. Illuvium (ILV) is aiming to be the first AAA blockchain release in the gaming and crypto industry

In Illuvium, players are plunged into a 3D open world where they can explore and hunt for mythical monsters known as Illuvials, which can be found throughout the world. Illuvials are represented by non-fungible tokens (NFTs) that have real-world value on the Ethereum network. 

To win ether, players compete against one another using the Illuvials they’ve accumulated throughout their gameplay.

The reason why a lot of people say that it’s going to be the first AAA blockchain game is that it uses Unreal Engine 4. In comparison to other blockchain-based games, this one’s engine allows for extremely detailed geographies and settings. 

The wait for Illuvium may not be too long for those who are eager to get their hands on it. Initial plans called for the first private beta test to commence in the early part of 2022, however that date was pushed back. The second closed beta will take place in the middle of 2022, there will be an open beta that will take place in late 2022 as well.

This game has a lot of potentials especially when it comes to its graphics. Pair this with Immutable X’s scalability and we truly have a hidden gem on our hands waiting to be polished.

Conclusion

Immutable is an amazing addition to blockchain technology and it brings more potential for upcoming blockchain projects in the future. We hope you’ve checked out our recommendations because these games have huge potential.

* We hope this information will help you in your investment process, but this is not investment advice. Every investment carries risk, especially in this industry, so DYOR before making a decision.