Immutable Introduces Seamless In-Game Payments for Web3 Projects
Layer 2 protocol Immutable introduced technology that enables in-game payments without interrupting gameplay.
The Immutable team introduced Passport Pre-Approved Transactions, a feature that allows blockchain transactions to be processed within the game interface, enabling seamless in-game payments. The new technology eliminates the need for users to leave the gaming environment to approve a transaction.
Immutable is the largest platform for developing and scaling Web3 games based on the Ethereum blockchain. According to the press release, there are already more than 400 games based on the Immutable protocol, giving the project about 70% of the Web3 games market. The number of users of Immutable projects exceeds 3 million.
According to the developers, Passport Pre-Approved Transactions will facilitate the development of in-game mechanics related to blockchain technologies, including the creation and trading of in-game items. The new feature is currently limited to in-game assets due to the need to fully test the technology in a controlled and secure environment. In the future, the Immutable team plans to add ETH, USDC, and IMX, the platform’s native token, to the list of available assets.
Immutable’s main goal is to make the gaming experience for users of Web3 projects as close as possible to that of gamers who prefer traditional games.
Max Krupyshev, CEO of CryptoProcessing.com , said during the Purpose Driven FinTech podcast that item trading in eSports is a mature digital industry. Dota, Counter-Strike, Fortnite, Roblox, and many other online games allow the exchange and trading of various items and skins. This is a global market whose participants want to conduct transactions quickly. In such a situation, the most convenient payment option is cryptocurrency.
Earlier, the Immutable team agreed to cooperate with payment provider Transak, as a result of which players were able to use fiat money for transactions in Web3 games.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SCRTUSDT now launched for futures trading and trading bots
Bitget has launched SCRTUSDT for futures trading with a maximum leverage of 75, along with support for futures trading bots, on November 21, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. SCRTUSDT-M perpetual futures: Parameters Details Listing
The results of the Solana Radar hackathon have been announced, and the decentralized currency exchange platform Reflect has won the championship
This competition brings together founders and developers from over 120 countries, dedicated to building products in areas such as infrastructure, gaming, decentralized physical infrastructure networks (DePIN), DAOs, DeFi, payments, and various consumer applications.
Solana Hackathon TOP 3, CAI | CharacterX will launch unrestricted AI infrastructure services
In the AI era, infrastructure is like the roads and bridges of the digital world, and what we are building is a highway leading to the infinite possibilities of AI.
Crypto wallet Deblock completes approximately $16.8 million in seed round financing