Robbie Ferguson 🅧 | Immutable
@0xferg
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Co-founder @immutable . Bringing a billion people to web3 via games. Join us: Build in hours:
🦇🔊
Joined September 2009
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Pinned Tweet
Gaming is bigger than music, movies, and TV combined.
It's compounding 10% year on year.
The $100bn a year spent "renting" items is going to turn into a trillion dollar ownable economy.
All of it will be built on web3.
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An update on recent events:
1.
@immutable
does not hold any funds on FTX, nor has lent Alameda or FTX any assets.
2. We do not use financial leverage at immutable. We are here to change digital ownership, not run a crypto hedge fund.
3. Our cash runway is > 3.5 years.
1/n
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.
@Immutable
hit 250 full time people yesterday.
We were 3 in Dec 2017.
If you told me then the smartest software execs/engineers /bankers would be joining a startup making video game items real on ethereum I would have called you insane.
Very, very proud of this team.
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The next 100 million users will come from gaming. One breakout web3 game will triple the global crypto DAU overnight.
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Thrilled to finally announce that
@GameStopNFT
Marketplace is officially LIVE on
@immutable
.
This is a huge step in making true ownership real for hundreds of millions of gamers.
PTTP
(1/n)
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Because the merge isn't enough hype: we're dropping one one of the biggest esports X web3 partnerships in history, tonight.
Stay tuned.
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get ready for next week. notifications on.
ⓧⓧ
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Tomorrow,
@immutable
is unveiling:
1) The first of 3 fundamental utility upgrades to $IMX.
Overall, this will be one of the biggest token utility upgrades in history.
2) A partner announcement that will fundamentally change
@immutable
and web3 Gaming.
🅧🅧
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so
@illuviumio
just did $76M in primary sales for 20% of their land.
and it was all on L2.
Probably nothing.
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$15B of web3 games are about to get shipped over the next 18 months.
Just one reasonable success will triple crypto's active users.
It's unmistakably clear that mainstream adoption will be driven by games.
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5 million members of
@gamestop
pro subscription service are about to receive
@GodsUnchained
cards tomorrow if they play a game.
This is one of the unique distributor forces of web3: you can share value with players to onboard them, instead of spending billions on ads.
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.
@BAYC
is a testament to the
@ethereum
community. No need to build a new BSC - L2 scaling can offer autonomy, security and scale while staying on the world’s best blockchain.
@immutable
will be submitting a public proposal to
@apecoin
DAO within the week.
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.
@Immutable
- the leading web3 gaming platform - is joining forces with
@0xPolygon
- the leading scaling protocol - to create the new home of gaming. All on Ethereum.
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GM(E)
The GameStop wallet is now fully integrated with
@immutable
- with the upcoming marketplace integration (soon👀), every immutable game will becoming to
@GameStopNFT
via our global orderbook.
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2 triple-A game studios have started building on immutable.
Announcing the first within a month.
🅧
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One of our biggest announcements to date coming in 4 hours.
🅧🅧
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This is not the announcement. This is not even the announcement of the announcement. But it is the announcement, of the announcement of the announcement.
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A quick update:
@immutable
has no exposure to Silvergate or SVB. We have more than A$280M in the bank (predominantly in USD), and do not use financial leverage.
Stay safe out there - and keep building.
The infrastructure we build today will form the basis of digital property…
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.
@immutable
BD team brought in 5 major games in the last 7 days. Announcements coming soon.
The amount of AAA web3 games are about to go from < 10 to hundreds in the next 12-18 months.
mainstream is coming.
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This is bigger than just another game announcement.
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Thrilled for
@immutable
to be working with
@Mastercard
.
Frictionless payments are key in onboarding the next 100m players to web3.
BREAKING: Mastercard to allow NFT purchases with cards in multiple web3 marketplaces
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Announcing the
@Immutable
Unity SDK: enabling game developers to build Web3 games directly in Unity.
This is an enormous step for us, but also for the entire industry. More than >50% of *all* games are built with
@unitygames
.
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.
@immutable
has signed more games in the last 2 months than in the entire previous year. Our team has grown from 6 in go-to-market in Dec, to more than 50 today.
Just this week we onboarded bluechips like
@Worldwide_WEB3
and
@CrossTheAges
.
L2 is coming.
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.
@Immutable
started building at the start of the bear market in 2018 and we haven't stopped since.
We're obsessed with allowing people to own their digital items in games via NFTs and we won't stop until digital ownership is the norm, not the exception.
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>$1B traded of $IMX in first 5 days.
Probably nothing.
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NGL, this is a bucket list! Genuinely humbled, and a lot more for us to do.
We are incredibly early in a decades long shift to true digital ownership.
Until a billion players own property rights via web3, and ownership is the default - not the exception - we’ve barely started.
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Google is allowing games / apps to offer NFTs in their app store. 🎉🎉🎉
This is an enormous step for clarity for mobile devs, and mainstream adoption.
A few thoughts on today' announcement from
@GooglePlay
.
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Bear markets aren't fun, but they build bloody great products.
What's
@Immutable
's approach? Will be doing more AMAs over coming weeks to share more.
-We're upping spending - we have 4 years cash-on-hand (*including* aggressive hiring)
- This is our 4th bear run. Bring it on😎
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How it started vs how it's going.
We won't stop until digital property rights for gamers are the expectation - not a headline.
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We're launching
@immutable
's $500M fund to back the next generation of web3 games.
The next billion users of web3 will come from gaming.
Progress waits for nothing - let's build.
🧵
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GME community is phenomenal. Nearly 20,000 sign-ups to
@GuildOfGuardian
's beta in 24 hours -- off a single reddit post.
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Did I say 1 announcement? I lied.
2 major releases incoming.
12 hours.
On .
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The next bull run narrative will be driven by gaming. And it will be based on a utility that will never go away or fade with speculation.
Step by step we are taking digital property ownership mainstream.
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1/ Thrilled to announce
@Immutable
's next chapter alongside
@temasek
.
NFTs are eating the world. Gaming will be the trojan horse that means your family can trade and own digital property, without them even knowing.
1/ Major news: we’re thrilled to announce
@Immutable
has raised $200M in Series C funding @ $2.5B val.🎉
We’re supercharging our mission to make NFTs mainstream through high-quality blockchain games (and more).
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Every game, marketplace and app building on
@immutable
just got fiat offramps.
One more step to mainstream.
1/ Major update! $ETH offramp is now available to any developer building an
@Immutable
X powered platform
Developers can enable their users to sell L2 $ETH and have the proceeds deposited directly to their bank accounts.
Continue below👇
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$8B in web3 gaming investments have been made by VCs.
Almost 2X the entirety of gaming investments for 2020.
They'll take time - but this is a forcing function. The next
@LeagueOfLegends
or
@FortniteGame
is being built right now but with true digital ownership.
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A pretty insane update:
@Immutable
onboarded more games last month than ever in its lifetime.
Incredibly proud of the product and GTM machine that is working tirelessly to bring true property rights to gamers.
The endgame infra is here with
@immutable
and
@0xPolygonLabs
.
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.
@immutable
has grown from 5 to 100+ games in 2022. >50% onboarded in last 3 months.
Gaming conforms to power law, though. We only focus on games w/ sufficient funds to be a 10M+ player hit.
Our strategy is clear: IMX games are the *most funded* (second only to L1 Eth) in 2022.
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In March, when
@immutable
raised $200m Series C from
@Temasek
and Tencent, we had roughly ~10 games, ~2 marketplaces and a bold product vision: to unite NFT liquidity everywhere on Ethereum.
In the 8 months since then, we've accomplished more than the previous 4 yrs.
1/n
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The first rule of blockchain security is: no bridges.
The second rule of blockchain security is: NO bridges.
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The leading gaming platform + the leading scaling protocol = the default home of Web3 Gaming.
Developer choice is now easy.
We are in the endgame - and devs can finally focus on what’s most important: making fun games.
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GM, and welcome to *eight* of the world's biggest esports organizations to
@guildofguardian
.
A landmark partnership that will help bring GOG to millions.
@TeamLiquid
@FNATIC
@Cloud9
@natusvincere
@SKGaming
@NRGgg
@T1LoL
@NIP
Pre-register now 👉
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"The next billion players can scale across hundreds of L3s, while never losing the liquidity and composability that makes Ethereum the strongest blockchain network in the world. Secure, composable and insanely scalable: welcome to L323."
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Billions of dollars spent on in-game assets lost. Zero property rights.
Incentives are everything: web3 enables a system where publishes have the same incentive as players, to create long-term economic value rather than extract it.
Reminder that none of the cosmetic items you purchased during Warzone Legacy will transfer to Warzone 2.
That includes operators, finishers, sprays, emotes, stickers, weapon charms, weapon camos, operator skins, weapon skins, vehicle skins, vehicle horns, blueprints and more.
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.
@illuviumio
private beta just went live, and it already has 30K people playing - more than most *live* web3 games today. 2 games live before EOY.
1.8 million signed up for the open beta.
The start of the wave of high quality Web3 games.
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After several all-nighters by an elite dedicated of engineers, ⭕️ is officially supported on the
@Immutable
protocol.
ⓧ⭕️ⓧ⭕️
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$18B has been poured into web3 gaming in the last 2 years, but development lags behind funding significantly.
Many will go live in 2023 as they hit 2-3 years in development.
One moderately successful hit by Web2 standards (~50m players) will *triple* web3's userbase overnight.
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Everything will be run on smart contracts.
If you are reading this, you are not only part of this future, you are one of its highest conviction members.
Or maybe you just like the memes.
Either way, you’re at the start of a decades long shift to digital property.
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Mainstream onboarding for gamers is here.
We just launched the beta of
@immutable
passport.
Completely self-custodial, email-based onboarding, with shared liquidity across all games.
Try it yourself:
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1/ Four major announcements for $IMX.
First: for the upcoming unlock, the majority of the unlocking supply (>50%) is from
@immutable
’s Project Development allocation.
We will be relocking *all* of these for at least 1 year. (P.S. we also don't give *any* directly as comp)
🧵
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Web3 is <2 years away from mainstream.
1. $10BN invested in Web3 games in under 2 years.
2. Games take roughly 2 - 3 years to build to production.
3. Over the next year, we will see a huge influx of high-budget Web3 games, 10Xing crypto's active userbase.
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gm $IMX
Thrilled to announce
@immutable
protocol fees are LIVE!
This is the final step before launching $IMX staking, and will allow the next generation of web3 games to reach planet scale with cheap, reliable and incentive-aligned pricing.
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👉 Paying 2 random retweets of this $1k in 1 hour
We're searching for a VP Community to lead the $IMX army
@Immutable
.
Grow and lead our $IMX army into 10 million evangelists for Ethereum L2.
$20K referral fee. DM or apply:
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.
@UndeadBlocks
' launch on
@GameStopNFT
has done >$1M in volume in its first 72 hours.
Mainstream games are coming. $14B of funding in blockchain games in the last 2 years.
The first 100 million users of Web3 will come from gaming,and they won't even have to know what NFTs are
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THRILLEd to announce
@immutable
passport.
- Non-custodial: no bridges, no hacks.
- Ridiculously frictionless. Login w/ email.
- Onboard and play anywhere. Web, mobile, console.
Mainstream is coming (soon).
Introducing Immutable Passport, your passport to the future of gaming 🎮
We are developing Immutable Passport, the instant non-custodial wallet onboarding solution for web3 games. Designed to onboard the next billion users into web3
#onIMX
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Today,
@immutable
has enforceable protocol-wide royalties on our L2.
Announcing "Immutable Royalties": extending this option to ANYONE on Ethereum. 🫡 🅧
Guaranteed royalties are *non-negotiable* for this industry to become mainstream appealing.
(1/3)
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One day people will trade houses as NFTs and people will think it was insane we had thousands of proprietary, unique marketplaces to trade stuff and fractured global liquidity.
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.
@GodsUnchained
is officially launched on the
@EpicGames
Store to 230 million users.
Epic is forging the way in web3-friendly distribution for gaming, and is the first step for GU ahead of its mobile launch.
LFGU!
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If we're going to win hearts + minds of the next billion players, games *with* economies > gamified economies
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TLDR;
-Settle NFT trades instantaneously, with no trusted bridges, across hundreds of L2s / L3s
-Trade any asset on any marketplace (
@GameStopNFT
@opensea
@TokenTrove
) with shared liquidity on open orderbook, irrespective of underlying rollup
-Oh, and we're integrating
@rarible
😎
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9 years ago I read the bitcoin whitepaper.
8 years ago we became completely obsessed with ethereum.
6 years ago - nearly to the day - we started building
@Immutable
.
Incredibly proud of what we've accomplished, but we're just getting started.
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We've onboarded more games this quarter than the last 2 years combined.
We're projected to *double* this by the end of the year.
Could not be more proud of the
@immutable
team.
Ethereum'da Gaming,NFT alanı için tüm oyuncuları Web3 e çekmeyi amaçlayan
@StarkWareLtd
in geliştirdiği
@Immutable
için genel bir ekosistem tablosu hazırladım.
Şuan için oyun alanında liderliği almış görünüyorlar.
IMX nedir ? diye merak edenler:
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- Hong Kong government just created a dedicated web3 marketing fund.
- Beijing whitepaper released this week on metaverse / 'internet 3.0'
- Japan Prime Minister saying web3 is core area of national interest
Asia is going all in - and it has the biggest gaming markets on earth.
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GM(E)
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.
@immutable
has submitted its proposal to the
@apecoin
DAO.
BAYC was born on Ethereum, and it should live here.
L2 scaling can offer autonomy, security and scale while staying on the world’s best blockchain.
#KeepApesOnEth
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My favourite stat from last week was that over 15 games said something akin to "we were originally debating between
@immutable
and
@0xPolygonLabs
. Now we no longer have to choose."
The best gaming platform + best scaling infra = default home for web3 gaming.
All on…
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gm!
Let's check in on the
@illuviumio
land sale 12 hours in.
- $13M in sales (all rev to $ILV), with only 2.8K / 20K land plots released so far
- Everything sold out within one hour
- No gas wars, all land minted on
@immutable
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A reminder: NFT royalties on
@immutable
are guaranteed. If you're a marketplace or creator, you have protected ongoing monetization on any marketplace assets trade.
It is *essential* to have guaranteed economics (royalties, fees) to have incentive-aligned business models.
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It's 23 Dec, and
@Immutable
has officially onboarded over 25 games since Dec 1 - more than 1 a day.
The amount of early stage web3 gaming deals we're seeing has 3-5X'd in two months.
The flywheel is growing unstoppably. 2024 is going to be a monster.
Happy holidays.
🅧🅧
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The reason why the world will be tokenized is more than digital ownership.
It's instant access to the most powerful financial ecosystem every built
A forcing function for NFT tokenization of all unique value (finance, houses, games) will be this liquidity & utility premium. 👇
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.
@illuviumio
has scaled to 200+ full time devs in < 2 years. Will be one of the fastest triple A games to market for Web3. Genuinely impressed by the speed and dedication of this team.
most importantly: the game is fun.
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One thing is unmistakably clear from NFT NYC:
gaming is building through the bear more than any other category in the space.
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The news is finally out.
@OKX
+
@Immutable
= unparalleled distribution for web3 games. 🎉
@immutable
is partnering with
@okx
to launch a gamefi launchpad, to onboard the next billion users into web3.
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A massive win for
@apecoin
.
We'll continue
@immutable
's proposal as a truly secured Eth L2 with
@StarkWareLtd
.
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In January,
@immutable
's sales + partner success team was 7 people.
Today it's over 75.
@immutable
has onboarded more games in the last quarter than they have in the last 18 months *combined*.
More games than ever are looking at web3 as the future of the industry.
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🤝 _ _ _ _ _
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Imagine spending hundreds of dollars on NFT skins in
@minecraft
for them to be rendered valueless by a single decision by a centralized corporation.
Proving the exact point they're against.
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