Research Summary
The report discusses the potential of blockchain gaming, its challenges, and how Immutable’s infrastructure is addressing these issues. It highlights the value propositions of blockchain gaming, such as self-custody, permissionless transacting, and trustlessness. The report also outlines the challenges faced by blockchain gaming, including poor user and developer experience, high transaction fees, and liquidity fragmentation. It then presents Immutable’s solutions, including its SDKs, layer 2 rollup solutions, and protocol-level orderbook, which simplify the development process, improve scalability, and streamline transactions.
Key Takeaways
Blockchain Gaming: Potential and Challenges
- Potential of Blockchain Gaming: Blockchain gaming offers value propositions such as self-custody, permissionless transacting, and trustlessness, addressing issues of centralization and lack of ownership in the traditional gaming industry. It also enables interoperability, reduces developer costs, and allows for user-generated content.
- Challenges in Blockchain Gaming: Despite its potential, blockchain gaming faces challenges in terms of user experience due to slow and expensive blockchains. The process of getting funds onto different chains is also difficult for the average user. Additionally, developers often lack knowledge of Web3, leading to unexpected expenses and vulnerabilities.
Immutable’s Solutions for Blockchain Gaming
- Immutable’s SDKs: Immutable offers SDKs, including Typescript, Unity, Unreal, Core, and Wallet SDKs, which simplify the development process and reduce the learning curve for game developers unfamiliar with Web3.
- Immutable’s Layer 2 Rollup Solutions: Immutable’s layer 2 rollup solutions, Immutable X and Immutable Zk-EVM, improve scalability and offer near-instant transaction execution with low gas fees, addressing the limitations of Ethereum.
- Immutable’s Protocol-Level Orderbook: Immutable’s protocol-level orderbook aggregates different partnered marketplaces, making buying and selling in-game NFTs faster, easier, and more efficient.
Immutable’s Superiority in the Web3 Gaming Landscape
- Comparison with Competitors: Immutable stands out in the Web3 gaming landscape by offering a superior developer experience compared to competitors like WAX, Flow, and Ronin. It provides a comprehensive infrastructure layer for Web3 gaming, including SDKs, the passport, protocol-level orderbook, direct on/off-ramp, and checkout feature.
- Immutable’s Role in the Success of Web3 Gaming: Despite past negative experiences in the Web3 gaming industry, Immutable’s infrastructure layer fills a crucial gap and is expected to drive the success of the industry. As gaming continues to grow, Immutable is positioned to be the foundational layer for the industry’s success.
Actionable Insights
- Investigate the Potential of Blockchain Gaming: Despite the challenges, blockchain gaming offers significant potential, including self-custody, permissionless transacting, and trustlessness. It’s worth exploring how these value propositions can be leveraged to create innovative gaming experiences.
- Consider Immutable’s Solutions: Immutable’s SDKs, layer 2 rollup solutions, and protocol-level orderbook offer solutions to many of the challenges faced by blockchain gaming. Developers and investors should consider how these tools can be used to improve the gaming experience and drive growth in the sector.
- Monitor the Progress of Immutable: Given its superior offerings and role in driving the success of Web3 gaming, it’s important to keep an eye on Immutable’s developments and innovations in the future.
