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ImmutableX Launches Passport System

ImmutableX Launches Passport System

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Launching in April 2023, the tool will serve as a non-custodial wallet, gamer profile, and authentication solution for Web3 gamers. The Ethereum scaling solution, ImmutableX, is launching the Immutable Passport – a one-stop solution for gaming studios to onboard gamers into Web3. The Immutable Passport is a non-custodial solution that acts as a wallet, gamer profile, and authentication. It is similar to Xbox Gamertag or Apple ID, without requiring passwords for sign-on. This means that Immutable does not keep the user’s private keys and does not participate in transaction signing.

“Customer research conducted by the ImmutableX team found that ease of onboarding, security, compliance and plug and play features were the top priorities for development studios integrating Web3 components into their game,” Immutable said.

Immutable Passport

The Immutable Passport is a wallet and authentication tool designed to make gaming onboarding simpler. It will achieve it through password-free sign-on and automatic wallet creation. Passport offers a non-custodial solution that never retains the user’s private keys or participates in transaction signing. This allows game studios to increase adoption among mainstream audiences, maintain high-level security, and gain valuable player analytics. Players are provided with a secure digital wallet, anti-fraud protection, and smooth authentication across web3 games and marketplaces. The Immutable Passport also allows gamers to create and secure their personal online identities that work across web3 platforms.

With the Immutable Passport, players can access a range of integrated tools such as a secure digital wallet, anti-fraud protection, and smooth authentication for Web3 games and marketplaces. The Immutable Passport will give game studios and developers access to vital information. Such as customer behavior insights and player preferences. Furthermore, studios that integrate with Passport will have access to a large pool of active players within the ImmutableX ecosystem. Additionally, partners will receive immediate access to a strong web3 ecosystem of tools, APIs, and infrastructure solutions that support global growth.

In addition to facilitating the smooth migration of ImmutableX-compatible in-game assets, the Immutable Passport provides numerous benefits. Its player-friendly features to make web3 onboarding as effortless and seamless as possible. Such as gamer profiles, early access to game features, user-defined limits, and more. With the “Guardian” security framework, which Immutable plans to launch post-launch, users will have access to all necessary tools. It will secure profiles and digital assets, including 2FA approvals, a child lock system, and even private key recovery in case of loss.

Web3 Gaming Revolutionized by Immutable’s Passport System

According to Immutable, the Immutable Passport will aid Web3 gaming studios in “attracting mainstream audiences, ensuring top-notch security, and gaining valuable player insights.” Additionally, studios integrating the Passport will have access to an existing player base in the ImmutableX ecosystem.”

“For Web3 gaming to reach a billion players, onboarding must be invisible, secure and work across any game – mobile, console or desktop,” said Immutable’s Robbie Ferguson. “Passport is a self-custodial wallet, where users can sign in with just an email and one-time password – it will be a game changer for players and radically reduce user acquisition costs.”

The blockchain gaming industry has seen progress lately. Big companies like Ubisoft and Square Enix incorporate cryptocurrency and NFTs to generate new income for creators. The growth and investment in Web3 gaming have been substantial as well. According to a report by DappRadar, $748 million was collected in August 2022 for the development of Web3 games.

About Immutable

Immutable is driving the advancement of web3 games through ImmutableX. It is a leading platform for creating and expanding mainstream-ready web3 games on Ethereum.

Moreover, it offers a comprehensive solution for constructing, launching and enhancing web3 games on Ethereum. It creates unlimited assets at no cost, offers seamless gaming experiences, and maximizes the demand for your assets, all supported by a secure product and marketplace ecosystem.

Currently, numerous top-notch web3 games are built on ImmutableX. Some of the games are Gods Unchained, Guild of Guardians, Illuvium, Embersword, Planet Quest, and more.

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ImmutableX Launches Passport System

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Best P2E Games list 2024

ImmutableX Launches Passport System

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.