Immutable X aims to draw more builders to its platform
Immutable, the company behind the layer 2 solution Immutable X, last week announced its new $500 million fund for developers. The Australian-based web3 gaming firm told the world last week that it wants to be at the center of the blockchain gaming revolution. To this end, it will work with game and NFT developers to deploy half a billion dollars of capital over the next two to four years.
Build in a bear market. That’s how the saying goes. Immutable X seems to be adhering to this maxim as it recently announced plans for a $500 million fund.
The fund aims to support the development of games and NFTs on its blockchain. You can see which games and NFTs use the Immutable X network using DappRadar’s dapp rankings page.
Immutable’s $500 million development fund
Immutable, the company behind the Immutable X layer scaling solution, announced last week that it plans to create the development fund. The goal is to…