Ethereum

Immutable

Change

Karma

<p>In the Web3 gaming space, gas fees have always been one of the main obstacles to mass adoption. Now, this challenge has been addressed within the Immutable ecosystem. The web3 gaming company, Immutable, has just launched the industry’s first blockchain that offers a Web3 gaming experience with zero transaction fees. Named zkVEM Immutable, it is a next-generation upgrade developed in collaboration with Polygon Labs. All the details to follow.</p>
<h2 id="h-zkvem-by-immutable-the-web3-innovation-that-will-change-everything-for-gaming"><a></a>zkVEM by Immutable: The Web3 Innovation That Will Change Everything for Gaming</h2>
<p>While gas fees are used to incentivize node operators to maintain blockchain security and decentralization, they deter players accustomed to traditional games. However, enthusiasts of <a href="https://www.cointribune.com/le-jeu-web3-principal-moteur-de-ladoption-massive-de-la-crypto/" rel="noopener noreferrer nofollow">games </a>web3 within the Immutable ecosystem will no longer have to worry about this.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>Indeed, in order to offer frictionless onboarding and a better user experience, <a href="https://cointelegraph.com/news/immutable-zkevm-to-eliminate-web3-gaming-gas-fees" target="_blank" rel="noopener noreferrer nofollow">Immutable will remove gas fees for web3 games in its ecosystem</a>. The innovation will be operational from the beginning of 2024.</p>
<p>Web3 game developers will therefore be able to sponsor their players’ gas fees by paying between 500 and 1000 dollars for every 100,000 users. Immutable plans to cover these fees for all web3 games in its ecosystem and gradually pass on the costs to the developers.</p>
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <div class="entry-content-asset">
   <div class="social-embed-container">
    <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
     <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> Exciting news in Web3 gaming! <a href="https://twitter.com/Immutable?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Immutable</a>'s zkEVM is making major waves by eliminating gas fees for gamers. Say goodbye to transaction costs and hello to seamless gaming! <a href="https://twitter.com/hashtag/Web3Gaming?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3Gaming</a> <a href="https://twitter.com/hashtag/Immutable?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Immutable</a> <a href="https://twitter.com/hashtag/zkEVM?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#zkEVM</a> <a href="https://twitter.com/hashtag/NoMoreGasFees?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#NoMoreGasFees</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3ae.png" alt="🎮" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b8.png" alt="💸" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— Mr Karma (@TheRealMaster_K) <a href="https://twitter.com/TheRealMaster_K/status/1735274759284269239?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 14, 2023</a>
    </blockquote>
    <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
   </div>
  </div>
 </div>
 <figcaption class="wp-element-caption"><em>Immutable’s new zkVEM blockchain eliminates gas fees, providing Web3 gamers with a seamless gaming experience</em>
 </figcaption>
</figure>
<h2 id="h-immutable-redefines-the-concept-of-game-economy-in-the-web3-ecosystem"><a></a>Immutable Redefines the Concept of Game Economy in the Web3 Ecosystem</h2>
<p>According to Alex Connolly, chief technical officer and co-founder of Immutable, <em>“transaction fees are one of the barriers to the mass adoption of decentralized games.”</em> He points out that Web3 games impose unfamiliar constraints on players accustomed to traditional games.</p>
<p>For example, they must ensure they have the native blockchain token in the correct wallet. They also need to visit exchanges to convert currencies and make sure they have funds every time they want to play a Web3 game.</p>
<p>The sponsorship of gas fees will allow blockchain technology components to become native and “offer players a familiar user experience.” Immutable claims that this system will increase adoption and overall revenue for gaming studios, which far exceeds gas fees. If this innovation goes into effect at the beginning of 2024 as planned, its impacts will be felt across the Web3 ecosystem, Ethereum network activity, and even the adoption of cryptocurrencies. Perhaps now is the time to invest.</p>

Immutable Revolutionizes Web3 Gaming with a Gas-Free Blockchain

Table of Contents

Cointribune EN

Other articles published on Dec 16, 2023

Contract Renounced

The Future of Cryptocurrency: An Inside Look at Twin Peaks Digital’s Venture Capital Arm

Polygon Labs Shift Focus to Prioritize CDK Expansion

As Dogecoin (DOGE) Loses Over 8% in a Day, Experts Favor Buying Solana (SOL) and Borroe Finance (...

Popular Analyst Reveals the Level He Claims is Necessary for the Start of a Bull Rally in Cardano...

Crypto Staking: Basics to Know About This Rewarding Activity

Join our free newsletter for daily crypto updates!