- Immutable has announced that it’ll consolidate its Ethereum gaming networks
- Immutable X will be combined with Immutable zkEVM
- Assets on the folded network will be transferred to the new chain on a 1:1 ratio
Ethereum gaming platform Immutable has announced it’ll combine its gaming networks into one and assets on the folded chain transferred to the new network. The platform intends to focus on its latest network, Immutable zkEVM, with others like Immutable X fused with the new chain. The gaming platform said the consolidation puts Immutable on the path to become “the true home of web3 gaming,” a move that may also be a way to navigate the bearish momentum in the web3 space characterized by declining revenues.
More EVM and DeFi Tools on Immutable zkEVM
Immutable noted that the migration allows developers to access “an enormous ecosystem of EVM tools and libraries, […] better third-party DeFi tools,” and have the ability to increase the liquidity of their tokens.
Upgrade: This year we will be merging Immutable X into Immutable zkEVM to form one unified Immutable Chain as the true home of web3 gaming. pic.twitter.com/bxqqeZctUE
— Immutable (@Immutable) April 8, 2025
Immutable Passport users will have their assets automatically transferred to Passport on the new network, and other wallet users will see their assets available on their primary wallets.
The Ethereum gaming platform disclosed that it’ll “cover the gas for all migration and re-issuance of assets,” to smoothen the experience for affected Immutable users. The migration, however, will involve discontinuing Immutable X APIs, forcing apps to reimplement them using Immutable zkEVM’s standard.
It also disclosed that its new Ethereum layer 2 network has processed nearly 150 million transactions in 2024, adding that games like Guild of Guardians, with over one million downloads, were among the first ones to successfully move from Immutable X to Immutable zkEVM.
Navigating the Hard Times
The consolidations come as blockchain and web3 projects look for ways to survive with dwindling revenues and users. Some have shut down while others have expanded outside their normal product line.
NFT marketplace Magic Eden, for example, recently announced expansion into crypto trading with the acquisition of Slingshot Finance. Others like X2Y2 have abandoned their NFT mission and pivoted to AI.
With Immutable folding Immutable X, the move is likely to improve the adoption of Immutable zkEVM.
