Kongregate and Immutable launched a $ 40 million fund to support blockchain-game

Kongregate gaming portal and Ethereum-startup Immutable launched a $ 40 million fund, focused on creating blockchain-games.

The structure consists of a IMX tokens bullet. Assets will act as grants for the integration of blockchain-game on Kongregate.Com.

IMX is positioned as “Stripe for NFT”, providing the possibility of “non-gas” release and trade of non-replaced tokens in the Immutable X L2 on the basis of Ethereum.

The fund will allow Kongregate to be rebranding and further position itself as a portal focused on Web3 games.

• creation of tools for games developers;
• consultations on games and tokenomics;
• Provision of community development services.

Since 2006, the company’s website has SHIB: The Metaverse. been a hub for Web2-IGR-more than 128 thousand free applications have been available to users.

In February of this year, Kongregate has concluded a partnership with Immutable for NFT integration into games.

Recall that in March Immutable attracted $ 200 million when estimated at $ 2.5 billion.

Earlier, andreessen Horowitz launched a $ 600 million fund with a focus on the “game infrastructure and metavselnaya technology”.