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Home»ADOPTION NEWS»Launch of $50M worth of immutable cryptocurrency gaming rewards program
ADOPTION NEWS

Launch of $50M worth of immutable cryptocurrency gaming rewards program

By Crypto FlexsApril 25, 20242 Mins Read
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Launch of M worth of immutable cryptocurrency gaming rewards program
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Game • April 25, 2024 11:26 AM EDT

Posted 1 minute ago In ~

Blockchain gaming platform Immutable has announced the launch of “the largest web3 gaming quest and rewards program ever.”

Called “Main Quest,” Immutable said it has already secured $50 million in token rewards for players. The company also said the Immutable ecosystem “boasts more than 270 titles currently in development,” including high-profile gaming projects like “Illuvium” and MetalCore.

Both games are among 10 titles included in the first phase of the program, the company said. “Starting today, players can immediately earn rewards by exploring quests, playing games, and owning collections in Immutable,” according to the announcement.

As web3 gaming slowly matures and larger budget games are scheduled to be released to the general public, Immutable appears to be eager to entice gamers with its rewards program.

“We’re showing players what they can expect when we talk about the real-world benefits of digital ownership,” Robbie Ferguson, president and co-founder of Immutable, said in a statement.

Sydney-based Immutable is backed by investors such as Tencent, Coinbase, Bitkraft Ventures and Galaxy Interactive.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

RT Watson is a senior reporter at The Block, covering a variety of topics including US-based companies, blockchain games, NFTs, and more. He previously covered entertainment for The Wall Street Journal and has covered companies including Disney, Netflix, and Warner Bros. and the creator economy, with a primary focus on technological innovation across media. Previously, she covered corporate, economic and political news in Brazil at Bloomberg. She interviewed a wide range of figures for RT, including CEOs, media moguls, top influencers, politicians, blue-collar workers, drug traffickers, and convicted criminals. She holds a Master’s degree in Digital Sociology.

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