Bankless The Dawn of Crypto Gaming | Robbie Ferguson
Nov 4, 2021
Robbie Ferguson, CEO and co-founder of ImmutableX, discusses the exciting growth of their platform in the crypto gaming space. He highlights the transformative impact of NFTs and the shift towards play-to-earn models. With partnerships like TikTok's NFTs and advances in scalability through Layer 2 solutions, ImmutableX is leading the charge in mainstreaming crypto gaming. Ferguson also delves into the technical aspects of roll-up technologies and the importance of decentralization, making a case for the future of gaming intertwined with blockchain technology.
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ImmutableX Origins
- ImmutableX started as the gaming studio Immutable, which built the NFT-based game Gods Unchained.
- They initially focused on game development but realized Ethereum L1 couldn't handle crypto gaming's scaling needs.
Ethereum L1 Limitations
- Building games directly on Ethereum L1 presents scaling challenges for mainstream adoption due to high gas fees.
- ImmutableX aims to solve this by providing a layer-2 scaling solution.
ImmutableX's Vision
- ImmutableX's value proposition extends beyond gaming to broader NFT infrastructure.
- They aim to become the backend for owning digital assets across various sectors.