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OKX and Immutable Partner to Unveil GameFi Launchpad

Today in NFT developments, there’s exciting news as crypto exchange OKX and the renowned gaming platform Immutable join forces in a strategic partnership. One of the key highlights of this collaboration is the unveiling of a cutting-edge GameFi NFT Launchpad.

According to the official press release, the primary goal of this partnership is to revolutionize the interaction and accessibility of NFTs and digital assets within the gaming sphere, aiming particularly at the vast user base exceeding 50 million.

The launch of OKX’s GameFi Launchpad is slated for the near future, set to coincide with global gaming debuts planned for Immutable’s zkEVM network, featuring titles such as Guild of Guardians, Shardbound, and Metalcore.

An important aspect of this collaboration is that games developed on Immutable will now gain access to the expansive OKX ecosystem, which includes valuable educational resources like Cryptopedia, as highlighted in the announcement.

Moreover, the partnership extends to the integration of Immutable’s gaming-centric zkEVM chain into both OKX Marketplace and OKX Wallet, promising further integration and convenience for users across platforms.

The benefits awaiting game studios, players, and participants in the gaming ecosystem are manifold:

1. A dedicated GameFi launchpad housed within the OKX NFT Marketplace.
2. Seamless integration of gaming-centric Immutable zkEVM, a scaling solution empowered by Polygon.
3. Integration of OKX’s Web3 Wallet into Immutable’s player identity solution, Passport.
4. Incorporation of the OKX NFT Marketplace into Immutable’s Orderbook and Marketplace Network.
5. Full support for Immutable zkEVM within the OKX ecosystem.

Robbie Ferguson, Co-founder and President of Immutable, expressed that collaborating with OKX resonates with Immutable’s mission to “empower every gamer worldwide with digital ownership.” He anticipates that this partnership will unlock fresh gaming adventures for millions of players globally.

Jason Lau, OKX’s Chief Innovation Officer, highlighted that Web3 gaming is poised to transition into the mainstream. He further emphasized that with over 270 titles currently in development on Immutable’s zkEVM, OKX wallet users can expect a seamless experience, from onboarding to gameplay and asset management.

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I want to save money. Will cryptocurrency work?

Cryptocurrency is essentially virtual money that operates in a decentralized manner, not through a bank but directly on multiple independent computers.

Every cryptocurrency has two main components: the units of digital exchange called “coins” and the network within which the exchange takes place. These units can be transferred between wallets and exchanged on exchanges. The networks in which these coins exist are called blockchains, which translates to “chains of blocks.”

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