WEB3
by BSCN
February 1, 2023
The fastest growing Web3 gaming platform in 2022 is working on a way to onboard users even easier.
Immutable X has announced the upcoming launch of a new Web3 Gaming Passport designed to be an easy-to-use non-custodial Web3 wallet to onboard new users.
The new development seeks to solve the major obstacle of onboarding users to Web3 by eliminating barriers to “streamline user onboarding,” according to the Immutable X website. Robbie Ferguson, CoFounder of Immutable X, called the move a “giant leap” for Web3 gaming in his tweet which accompanied the announcement.
Introducing Immutable Passport, your passport to the future of gaming 🎮
— Immutable 🅧 - $IMX (@Immutable) January 31, 2023
We are developing Immutable Passport, the instant non-custodial wallet onboarding solution for web3 games. Designed to onboard the next billion users into web3 #onIMXhttps://t.co/A8WKmGUxlV pic.twitter.com/NOxmZl2vDk
Immutable X was the fastest-growing blockchain and NFT gaming platform in 2022. A recent DappRadar report showed that Immutable X’s trading volume jumped 250% from 2021 to over $87 million. This was the biggest jump in Web3 for the year and the only major platform to see green numbers.
The development of the passport system could help Immutable X take even more market share into 2023 by making the onboarding to Web3 as easy as possible using familiar interfaces from Web2.
“For Web3 gaming to reach a billion players, onboarding must be invisible, secure and work across any game – mobile, console or desktop," Ferguson told CoinDesk. "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 new passport is set to launch in April 2023.
Immutable X is the leading Layer 2 scaling solution for NFTs to enable gas-free minting and trading, while not compromising the security of the most used blockchain globally for NFTs, Ethereum. The solution offers instant trade confirmation, massive scalability (up to 9,000 transactions per second), and fantastic developer and user experience. Immutable X has announced integrations with established marketplaces such as OpenSea and Mintable, and is powering some of the largest content creators in the world like Tiktok, Disney, Marvel, and more.
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