• Pixelmon, a web3 gaming intellectual property, has revealed details about its upcoming ERC-20 token, MON, which aims to transform community interaction and has a capped supply of 1 billion. A significant 36% of the total supply will be allocated to the community.
• The MON token is expected to be minted on Immutable zkEVM, backed by Polygon, offering custom smart contract support, advanced gameplay mechanics, tokenomics, and a streamlined trading experience.
• Pixelmon plans to decentralize its operations through the Mon Protocol and the upcoming MON token, which will function as an “IP protocol”, incentivizing and rewarding NFT holders who actively contribute to Pixelmon’s growth.
  

  ---

Pixelmon, a renowned web3, and NFT gaming intellectual property, has recently unveiled details about its forthcoming token, MON. This ERC-20 token is poised to transform the way the community and ecosystem interact.

MON TOKENOMICS OVERVIEW

MON will be issued as an ERC-20 token. At the token genesis event (TGE), 1 billion MON tokens will be created as the total token supply, which will never increase. MON will be distributed and unlocked as follows:

Total Supply: 1B
Community Claim: 30%… pic.twitter.com/GxoO4xpIKo

— MON Protocol $MON (@monprotocol) February 12, 2024

The MON token will have a capped supply of 1 billion. A noteworthy 36% of the total supply will be allocated to the community, highlighting its importance not just as in-game currency, but also as a tool to empower and engage users within the ecosystem. The distribution plan prioritizes community participation, setting aside 30% of the total supply for community claims.

The ecosystem fund will receive a significant 29% of the total supply, which is dedicated to fostering the Pixelmon and MON Protocol communities. Additionally, 13% of the supply is earmarked for strategic sales, to promote long-term growth and stability.

Pixelmon’s Ambitious Roadmap: The Role of Immutable zkEVM

Pixelmon’s ambitious roadmap will be driven by Immutable zkEVM, with backing from Polygon. This partnership offers custom smart contract support, advanced gameplay mechanics, tokenomics, and a streamlined trading experience, addressing a key challenge in the gaming industry.

The MON token is anticipated to be minted on Immutable zkEVM. However, it remains uncertain whether the token itself will be minted on Immutable zkEVM or possibly the Ethereum mainnet. All one billion tokens will be fully unlocked within 48 months of the token generation event (TGE), which is projected to occur in Q1 2024.

Pixelmon’s vision goes beyond gaming, with plans to decentralize its operations through the Mon Protocol and the upcoming MON token. The Ethereum ERC-20 token will function as an “IP protocol,” incentivizing and rewarding NFT holders who actively contribute to Pixelmon’s growth.

In conclusion, the introduction of the MON token marks a significant milestone for Pixelmon. It not only enhances the gaming experience but also strengthens the community and promotes ecosystem growth. The strategic distribution of the MON token underscores Pixelmon’s commitment to its community and its vision of a decentralized gaming future.

The post Pixelmon Reveals New Specifics of its Future Token MON and How it Will Be Distributed appeared first on Crypto Games 3D - Blockchain Games List, News and Reviews.

The new technology, powered by Polygon, offers a unique gaming chain that combines EVM compatibility, low costs, massive scalability, and the inherent security of Ethereum. But this migration is not just a technological shift; it is a catalyst for innovation that propels Guild of Guardians to the forefront of game development.

Exciting news, Guardians! We're transitioning to Immutable zkEVM and Immutable Passport – ushering in a new era for #GuildofGuardians!

Immutable zkEVM brings enhanced game interactions, Ethereum security, rapid transactions & more!
Using Immutable Passport for… pic.twitter.com/apIpijfo3Q

— GuildOfGuardians (@GuildOfGuardian) December 18, 2023

The adoption of Immutable zkEVM provides Guild of Guardians with a range of advantages. Firstly, it allows the construction of more sophisticated in-game interactions through smart contracts, eliminating the need for trusted workarounds. Additionally, compatibility with Solidity and the Ethereum ecosystem opens up endless opportunities to leverage existing content and resources, enhancing development capabilities and enriching in-game experiences.

Perfect Symbiosis Between Guild Of Guardians and Immutable

Security remains a fundamental priority. The platform maintains the robustness of Ethereum-grade security, ensuring efficient and low-cost transactions. Furthermore, new possibilities arise with future participation programs on Immutable zkEVM, which can be more reliable and complex, enhancing participant experiences.

The integration of Immutable Passport at launch marks another significant advancement. This new standard of web3 wallets streamlines the onboarding process for players by offering hassle-free social logins and automated wallet creation. Immutable Passport, considered the next generation of web3 wallets, enhances corporate security while supercharging the web3 experience with features like digital asset management.

Acknowledging concerns about gas fees, Guild of Guardians joins Immutable’s ‘Gas Free for Gamers’ initiative. As a sponsor of gas fees for all Immutable Passport users, the platform ensures a frictionless onboarding and smooth gaming experience, eliminating gas fees for Passport users.

This planned migration aligns perfectly with the global launch of Guild of Guardians in the second quarter of 2024. During the migration, players will have the opportunity to link their Metamask wallets to a Passport account before the process, ensuring a seamless transition of NFTs to zkEVM.

The post Guild Of Guardians Migrates to Immutable zkEVM appeared first on Crypto Games 3D - Blockchain Games List, News and Reviews.

Its experience with Gods Unchained revealed the financial burden and disruption caused by gas fees, leading to the decision to eliminate them. In collaboration with Polygon, Immutable Passport will enable games and marketplaces on Immutable zkEVM to sponsor gas fees for users seamlessly, creating a frictionless gaming experience. This move is expected to be a game-changer, removing a significant obstacle for players and fostering a more immersive gaming environment.

Immutable zkEVM is gas-free for gamers!

Gas Fees? Zero.

We are proud to announce that Immutable zkEVM and Immutable Passport will be capable of eliminating gas fees for all players!… pic.twitter.com/CJBV8XZI7w

— Immutable (@Immutable) December 13, 2023

Gas fees, representing the computational effort in blockchain transactions, have been a necessary evil for smart contract blockchains. However, introducing these fees for in-game actions has been detrimental to both players and developers. The zkEVM, with its advanced gas reduction tools, aims to minimize costs, ensuring economic viability for game studios.

Immutable Wants Gas for Everyone

Game studios are projected to bear minimal costs, akin to traditional server expenses, when they sponsor gas fees. This encourages games to sponsor gas fees, considering it an investment in user acquisition, conversion, and overall revenue.

To prevent potential issues with gas fees as the platform scales. zkEVM efficiently handles operations at a large scale. If chain capacity becomes a concern, Immutable has mechanisms to increase it and maintain optimal performance.

The sponsorship process involves using the smart wallet of Immutable Passport. Passport’s relay functionality allows third parties to sponsor gas for players, facilitating on-chain actions without impacting users with gas fees. Games can configure various parameters for sponsorships and optimize their spending on gas subsidies over time.

The post Immutable Proposes Free Gas for Its Players appeared first on Crypto Games 3D - Blockchain Games List, News and Reviews.

Sounds fun, no? Well, it’s not only fun for gamers but also a good investment opportunity. Perhaps that’s the reason Polygon and Immutable have managed to raise $2 billion in 2022. Certainly, it will have a positive impact on the multi-billion dollar gaming industry. 

How does this collaboration work? 

Immutable is a global web3 gaming platform bringing digital ownership to each player by offering the world’s best game dev platform as well as games.

On the other hand, Polygon is a growth and development team working to build one of the largest ecosystems of the world for Web3 gaming dApps. They have also worked with Square Enix, Neowiz, Tilting Point, and Midnight Society. 

This collaboration will create an ecosystem to simplify decision-making for game developers and studios while being a safe platform for business owners. Therefore, young entrepreneurs are reluctant to enter the web3 gaming industry because they are aware of the lack of enterprise-grading and scalable tools. 

This partnership will not only allow game developers and studios to build high-quality web3 games but also enable them to claim in-game assets ownership truly.

Why should you look forward to this partnership? 

Immutable and Polygon’s partnership has given birth to Immutable zkEVM. Polygon technology powers a new and exciting zk-rollup which is also compatible with EVM supporting Immutable platform completely. 

And the purpose of creating Immutable zkEVM is to make web3 game development faster, less risky, and easier for both large game studios and independent game developers with limited budgets. 

Polygon is widely known as the holy grail of Ethereum and they know how to cash their popularity. Polygon’s zkEVM technology lowers transaction processing fees and time significantly. Not only that, it is fully compatible with Ethereum which is why it retains Ethereum’s robust security model too. 

Both Immutable and Polygon are famous worldwide. They have significantly improved their growth rate over the past few years and have great ties with the Ethereum community. According to Ryan Watt, Polygon Lab’s President, this partnership is a monumental step forward to empower game developers and enable them to own their in-game assets. 

The post Polygon and Immutable Team up to Take WEB3 Gaming to the Next Level appeared first on Crypto Games 3D - Blockchain Games List, News and Reviews.