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Immutable X Partners With Kongregate To Launch A $40M Developer Fund

Twitter icon  •  Published 3 years ago on May 26, 2022  •  Hassan Maishera

The Immutable X team announced via Twitter on Thursday that it has partnered with Kongregate, a blockchain game developer.

Immutable X Partners With Kongregate To Launch A $40M Developer Fund

The Immutable X team announced via Twitter on Thursday that it has partnered with Kongregate, a blockchain game developer. The partnership led to the launch of a $40 million developer fund to enable a new generation of games to build on Kongregate.com. Immutable X said the mission is to make Kongregate the most inclusive space for innovation, community interaction and game discovery. 

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 down by 2% today and is trading at $0.934 at press time.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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