Immutable X Announces Roadmap for Multiple EVM Compatible
Rollups to Create Cross-Rollup Liquidity Solution for NFTs on
Ethereum
SYDNEY, May 24, 2022
/PRNewswire/ -- Immutable X, which is powering the next
generation of web3 games as the leading carbon-neutral, scalable
platform for trading NFTs on Ethereum, today announced its
expansion to be the world's first cross-rollup liquidity platform
for NFTs, built on StarkNet. This announcement allows players to
directly trade any asset matched across multiple Ethereum Layer 2
and Layer 3 roll-ups, solving the liquidity fractionalization
problem that occurs with every individual roll-up today and scaling
to billions of users. The protocol will facilitate hundreds of
thousands of transactions per second, supporting games with
hundreds of millions of daily players to truly own their in-game
items.
With StarkNet, developers will be able to deploy custom,
composable smart contracts, making it easy for projects to migrate
L1 smart-contract based games to Immutable instantly. Immutable X
will lead the charge in offering L3s to games with more than 10
million active users who require dedicated throughput and don't
want to compete for capacity with others.
"This is the future of Ethereum - multiple roll-ups for
different purposes and games, each abstracted and unified in
liquidity via Immutable X - while never compromising on Ethereum's
security," said Robbie Ferguson,
Co-Founder at Immutable. "The next billion players can scale across
hundreds of L3s, while never losing the liquidity and composability
that makes Ethereum the strongest blockchain network in the world.
Secure, composable and insanely scalable: welcome to L323."
Ethereum remains the #1 choice for game developers, and
Immutable X is focused on bringing the best games in the world to
Ethereum. Until now, any web3 project that required both scale and
composability had no choice but to choose a less-secure,
non-Ethereum Layer 1, which is prone to suffer outages and where
assets can incur significant liquidity penalties. Immutable X's
mission is to ensure developers don't have to choose between
Ethereum's security/liquidity and the UX of their game.
The integration of StarkNet as a new settlement environment on
Immutable X removes many previous developer tradeoffs, including
the lack of custom smart contracts, complex migration from Layer 1
to Layer 2, and composability. However, it will be a less
performant and UX-optimized environment than Immutable X's current
application-specific roll-up.
World-class games have different needs, and therefore Immutable
X will support multiple L2/L3 zk-rollups for different use cases.
This update to Immutable X's platform will allow liquidity to flow
freely between these L2 and L3 environments so that the biggest
games on Ethereum can build without constraints and achieve true
planet scale.
"Supporting multiple roll-ups will increase the complexity of
our product but will allow Immutable X to create the strongest
ecosystem for gaming content without compromising liquidity," said
Alex Connolly, Immutable co-founder
and CTO. "Immutable is committed to being the premier platform for
solving the challenges that prevent web3 games from reaching a
global audience."
"We are thrilled StarkNet will play a key role in helping
Immutable X win in web3 games, "said Uri
Kolodny, co-founder & CEO, StarkWare. "Our partnership
will seamlessly enable world-class games and projects to thrive on
Immutable X and StarkNet across L2 and L3."
There are currently many projects in development that point to
an exciting future for web3 gaming. Although each project shares
the goal of creating a fantastic user experience and building a
rich, long-term economy, each also has different roll-up layer
requirements. Immutable X's plan to support multiple roll-ups by
integrating with Starkware's new StarkNet zk-rollup solution will
ensure that the company continues to lead the charge in offering
planet-scale for games without compromising security.
About Immutable X
Immutable X, powering the next
generation of web3 games, is the leading L2/L3 scaling solution for
NFTs to enable strong liquidity at a huge scale without
compromising decentralization or security of the most-used
blockchain globally for NFTs, Ethereum. The solution, powered by
StarkWare's innovative technology, offers instant trade
confirmation, massive scalability (up to 9,000 transactions per
second), and a fantastic developer and user experience. Immutable X
has announced integrations with leading marketplaces and is
powering some of the most prominent NFT plays across consumer apps
(TikTok), DeFi (SuperFarm), and gaming (GameStop, Highrise, ESL
Gaming, Ember Sword, Planet Quest, Gods Unchained, Guild of
Guardians, GreenPark Sports, Illuvium, MyCryptoHeroes+).
To learn more about Immutable,
visit: https://www.immutable.com/
Immutable social
media: LinkedIn, Twitter, Medium
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SOURCE Immutable X