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Home»ADOPTION NEWS»Merit Circle DAO pursues ecosystem growth through Immutable partnerships.
ADOPTION NEWS

Merit Circle DAO pursues ecosystem growth through Immutable partnerships.

By Crypto FlexsDecember 7, 20232 Mins Read
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Merit Circle DAO pursues ecosystem growth through Immutable partnerships.
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Merit Circle DAO, a gaming-focused blockchain organization, and Immutable announced a partnership to accelerate the development of web3 video games.

Part of the partnership includes Beam, a subnet created for the Merit Circle DAO. immutability ZkEVM, an expansion solution provided by Polygon. Previously, Beam was exclusive to the Avalanche, the two organizations said in a statement.

“At Merit Circle DAO, we want Beam, our gaming ecosystem, to be where the games, players, and developers are. immutability Polygon Labs represents a big step toward that vision.” Marco van den Heuvel, Merit Circle CGO and co-founder, said in a statement. “Our user-friendly application immutability‘s zkEVM powered by Polygon will be a key piece of the gaming puzzle for the foreseeable future.”

In addition to the Merit Circle DAO, we have also committed to investing in games or studios. According to the two organizations, Immutable will work to “explore further synergies and jointly contribute to the gaming industry.”

“Our strategic partnership with the Merit Circle DAO and Beam’s commitment aligns perfectly with our mission to bring digital ownership to every gamer around the world,” Immutable co-founder and CEO James Ferguson said in a statement.

Immutable adds another ally

Sydney-based Immutable has been particularly busy on the strategic partnerships front, announcing collaborations including one with Ubisoft’s Strategic Innovation Lab. The company’s backers include Coinbase, Bitkraft Ventures, King River Capital, AirTree, and Temasek.

Games already utilizing Immutable include Gods Unchained and the high-profile project Illuvium. Previously scheduled titles for release on Beam included Trial Xtreme, Walker World, Hash Rush, Sphere, and Edenhorde Eclipse.


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.

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