The Immutable team announced via a blog post on Wednesday that it has partnered with Merit Circle DAO, the world’s largest gaming-focused DAO. The partnership is designed to expand and enhance the DAO’s ecosystem, which comprises the open-source blockchain network Beam and native digital asset marketplace Sphere, by harnessing Immutable's innovative platform and technology. Beam will launch on Immutable zkEVM, powered by Polygon Labs.
Furthermore, Beam will incorporate Immutable’s one-stop shop of solutions like Orderbook and Passport to help builders increase their revenue and liquidity by sharing digital assets across the world's leading marketplaces.
Immutable X is an L2 scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability, and zero gas fees for minting and trading with shared security with the Ethereum mainnet. IMX is up by 1% today and is trading at $1.4318 at press time.