Eldarune Obtains Major Token Grant from ImmutableX to Supercharge Web3 Gaming

Web3 gaming studio Eldarune has secured a 50,000 IMX token grant from Immutable, a leading Ethereum layer 2 solution for Web3 gaming development, to enhance the development of its flagship trading card game, Heroes of Eldarune. The milestone-based grant, estimated to be worth $4.65 million, is contingent upon achieving specific trading volume targets for Eldarune NFTs on ImmutableX.

Eldarune Secures Significant Token Grant from ImmutableX to Advance Web3 Gaming

Eldarune, a pioneering Web3 gaming studio specializing in interoperable, medieval-themed blockchain games, has partnered with ImmutableX, a leading Ethereum layer 2 solution for Web3 gaming development. This strategic collaboration grants Eldarune 50,000 IMX tokens, the native utility and governance token of the Immutable Protocol, in a milestone-based arrangement.

The grant's distribution is contingent upon Eldarune achieving a predetermined total trading volume (TTV) of $9.3 million for its non-fungible tokens (NFTs) on the ImmutableX zkEVM (zero-knowledge Ethereum Virtual Machine) mainnet. This funding structure ensures alignment between the grant disbursement and the growth and engagement within the Eldarune community.

Eldarune's CEO, Can Picak, expressed enthusiasm about the partnership, stating, "We are collaborating with Immutable to elevate the gaming experience in the Eldarune ecosystem to unprecedented heights by utilizing cutting-edge gaming technology."

The IMX token grant is pivotal in Eldarune's journey towards launching on the Immutable zkEVM mainnet. It is anticipated that this grant will empower Eldarune to unlock novel utilities for its NFTs, unlocking advanced gameplay features through Immutable's custom smart contracts, on-chain mechanics, and robust economies. These enhancements aim to provide substantial value to both players and collectors.

With over 5,000 active players and its primary token, ELDA, listed on major exchanges such as ByBit and MEXC, Eldarune has established itself as a leader in the Web3 gaming industry. Immutable's support is expected to enhance Eldarune's development capabilities across its suite of games.

Eldarune has four games in development, including its flagship title, Heroes of Eldarune, which is currently in closed beta and will be exclusively launched on Immutable. The game is currently available on PC and Android, with an iOS version in consideration.

The collaboration between Eldarune and Immutable is poised to revolutionize the Web3 gaming ecosystem. Eldarune's innovative approach and Immutable's technical prowess will enable the studio to harness the benefits of low transaction fees, high scalability, and seamless cross-game compatibility.

Eldarune's presence extends across various platforms, including YouTube, Telegram, and Medium. For the latest updates, follow Eldarune's social media channels.

Additional Notes:

• ImmutableX is powered by Polygon, providing secure and cost-efficient transactions.
• Eldarune is incubated by Launchpad Seedify, a blockchain gaming-focused platform.
• Web3 gaming combines decentralized technology with immersive gaming experiences, offering players ownership, engagement, and economic incentives.