Altcoin Immutable (IMX) has announced a strong partnership with Amazon Web Services (AWS), taking a significant step towards advancing the mainstream adoption of web3 games.
Price Dropped Afterwards
IMX, which rose more than 7 percent yesterday with this development, erased all its gains today. And it fell below yesterday's pre-news levels, falling to $0.51.
Experts stated that since we are in a bear market, even positive news cannot leave a lasting impact.
What were the Details of the Cooperation?
This collaboration is set to facilitate game development by making it more secure, accessible and user-friendly.
Through this collaboration, Immutable will benefit from Amazon's extensive network of game studio leaders and receive significant support for successful deal outcomes.
At the same time, developers and studios will gain access to a comprehensive platform and ecosystem within web3 gaming.
What is Immutable X (IMX)?
Immutable X (IMX) is the first layer-2 protocol and scaling solution for NFTs on the Ethereum blockchain network.
Validating cloud data on Ethereum marks an important step towards creating a viable model for blockchain gaming. Immutable and Amazon want to shape the future of the gaming world together.
This collaboration puts Immutable in a unique position to redefine the gaming world.
The ecosystem not only encompasses a wide range of game studios and players, but also integrates ecosystem partners and vital infrastructure components necessary for a safe and reliable environment.
The integration of blockchain technology will empower both creators and players by combining cutting-edge gaming technology with true digital asset ownership.
*This is not investment advice.