Immutable Introduces Zero-Knowledge Proof Scaling Solution to Eliminate Transaction Fees for Gamers
Blockchain gaming platform Immutable has announced the launch of their new zero-knowledge proof scaling solution, Immutable zkEVM. This innovative technology will allow developers to eliminate transaction fees from the player experience, addressing one of the main obstacles to mainstream adoption of web3 games – gas fees.
Keypoints
- Immutable’s zkEVM blockchain enables developers to remove transaction fees for Immutable Passport users, creating a frictionless player experience.
- The elimination of gas fees aims to increase adoption and conversion rates for web3 games.
- Initially, Immutable plans to sponsor gas fees when zkEVM launches, with a cost of $500-$1000 per 100k users for studios.
- In the long term, gas costs could be treated as infrastructure expenses, opening up new business models.
- Over 200 games have committed to building on Immutable’s ecosystem, including major titles like Ubisoft’s Assassin’s Creed.
Gas fees have remained a barrier for mainstream gamers accustomed to free and seamless experiences. However, with Immutable’s zkEVM blockchain, gas costs will be covered behind the scenes using cutting-edge cryptography, making fees invisible and non-existent for end users.
The launch of Immutable zkEVM in early 2024 will allow studios to sponsor gas expenses for all Immutable Passport holders. The Passport serves as a universal gamer profile that facilitates the transfer of digital assets across web3 games and provides a familiar web2-style login. Developers can expect a minimal cost of $500-$1000 per 100,000 monthly active users, well worth it for a smoother onboarding process.
Immutable zkEVM is gas-free for gamers!
Gas Fees? Zero.
We are proud to announce that Immutable zkEVM and Immutable Passport will be capable of eliminating gas fees for all players!… pic.twitter.com/CJBV8XZI7w
— Immutable (@Immutable) December 13, 2023
Immutable believes that abstracting fees could lead to new business models where gas expenses are treated as routine infrastructure costs, similar to running servers. When combined with incentivized game economy design, this approach is expected to boost conversion rates, player retention, and revenues.
The news has been met with enthusiasm from over 200 studios planning to develop games on Immutable’s ecosystem, including major publishers like Ubisoft, GameStop, and Kongregate. With significant institutional investment and support from technical giants like StarkWare, Polygon, and Ethereum’s Vitalik Buterin, Immutable is poised to drive mainstream adoption in the blockchain gaming industry.
Hot Take: Immutable’s zkEVM Revolutionizes Web3 Gaming by Eliminating Gas Fees
Immutable’s introduction of zkEVM represents a significant advancement in web3 gaming by directly addressing the issue of gas costs. By removing this persistent friction and providing feeless experiences in decentralized games, zkEVM has the potential to unlock exponential growth. As an Ethereum Virtual Machine-compatible sidechain designed for gaming, zkEVM promises performance, scalability, and endless possibilities for asset ownership innovation. With the support of industry leaders and a commitment to subsidizing gas fees for players, zkEVM may be the catalyst needed to propel web3 gaming into its breakout moment. The future of gaming is here.
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