 | |
| Formerly | Fuel Games |
|---|---|
| Company type | Private |
| Industry | crypto assets; video gaming |
| Founded | 2018 |
| Founder | Robbie Ferguson, James Ferguson and Alex Connolly |
| Headquarters | Australia |
| Website | https://www.immutable.com/ |
Immutable Pty Ltd (formerly Fuel Games) is an Australian crypto assets gaming company established in 2018 in Sydney. It developed digital collectible card game Gods Unchained and role-playing video game Guild of Guardians.
Founded in 2018 by Robbie Ferguson, James Ferguson and Alex Connolly, the company developed crypto platform "Immutable X" based on blockchain Ethereum. [1] Immutable partnered with Israeli company StarkWare for their "layer 2", "zero knowledge roll up" network in 2020. [2] Immutable X has partnered with GameStop, Kongregate, Ubisoft and ESL. [3]
Gods Unchained is a collectible trading card game with a non-fungible token (NFT) for each card for Android, iOS, Microsoft Windows and MacOS. It was directed by Chris Clay, former game director of Magic: The Gathering Arena. [4]
At the time of layoffs in July 2022, the number of unique players logging into the game was 10 000, down from 22 000 in April, according to a third-party tracking site Cards Unchained. [5] In December 2023, the Entertainment Software Rating Board (ESRB) rated the game and Striker Manager 3 "Adults Only 18+" (AO), assessing "whether products may reward real money, prizes with real world value, or something that can be exchanged for or converted to real money (i.e., gift cards, cryptocurrency, etc.), as well as whether there is cash spent to be eligible for such rewards." (Blockchain games such as poker game Polker have not received an Adults Only rating) The game was removed from the Epic Game Store after the rating, but reinstated following Epic Games updating its content policy to allow such crypto games. [6] [7]
The Entertainment Software Rating Board (ESRB) is a self-regulatory organization that assigns age and content ratings to consumer video games in North America. The ESRB was established in 1994 by the Entertainment Software Association, in response to criticism of controversial video games with excessively violent or sexual content, particularly after the 1993 congressional hearings following the releases of Mortal Kombat and Night Trap for home consoles and Doom for home computers. The industry, pressured with potential government oversight of video game ratings from these hearings, established both the IDSA and the ESRB within it to create a voluntary rating system based on the Motion Picture Association of America film rating system with additional considerations for video game interactivity.
Kongregate is an American web gaming portal and video game publisher. Its website features over 124,000 online games and 30+ mobile games available to the public. The company also publishes games for PC, mobile, and home consoles. It was purchased by GameStop Corporation in 2010 before being acquired by Modern Times Group MT AB in 2017.
Animoca Brands Corporation Ltd. is a Hong Kong-based game software company and venture capital company co-founded in 2014 by Yat Siu and David Kim. The company initially focused on developing mobile games, then shifted to blockchain gaming and NFTs in 2018.
Ethereum is a decentralized blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. It is open-source software.
A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Since each block contains information about the previous block, they effectively form a chain, with each additional block linking to the ones before it. Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.
Jason Fernandes is Web3 entrepreneur, Investor, and technology columnist hailing from Goa. Fernandes is the co-founder of AdLunam Inc.a Web3 investment platform. As a teenager, Fernandes founded the internet portal ZeoCities.com, the non-profit LDKids.org and wrote for CHIP Magazine. Later, while studying at the University of Texas, Austin, Fernandes co-invented the Internet-based DVR, InstantTV, and was part of the founding team at PerceptiveI. Fernandes was a monthly technology columnist for GlobeAsia Magazine, Indonesia for 5 years producing over 60 columns over this period. Fernandes is often quoted in Web3 publications and has spoken at TEDx events.
A digital collectible card game (DCCG) or online collectible card game (OCCG) is a computer or video game that emulates collectible card games (CCG) and is typically played online or occasionally as a standalone video game. Many DCCGs are types of digital tabletop games and follow traditional card game-style rules, while some DCCGs use alternatives for cards and gameboards, such as icons, dice and avatars. Originally, DCCGs started out as replications of a CCG's physical counterpart, but many DCCGs have foregone a physical version and exclusively release as a video game, such as with Hearthstone.
CryptoKitties is a blockchain game developed by Canadian studio Dapper Labs. The game allows players to buy, sell, and create non-fungible tokens (NFTs) using on Ethereum. These NFTs represent virtual cats. The game's popularity in December 2017, congested the Ethereum network, causing it to reach an all-time high in the number of transactions and slowing it down significantly.
Video games can include elements that use blockchain technologies, including cryptocurrencies and non-fungible tokens (NFTs), often as a form of monetization. These elements typically allow players to trade in-game items for cryptocurrency, or represent in-game items with NFTs. A subset of these games are also known as play-to-earn games because they include systems that allow players to earn cryptocurrency through gameplay. Blockchain games have existed since 2017, gaining wider attention from the video game industry in 2021. Several AAA publishers have expressed intent to include this technology in the future. Players, developers, and game companies have criticized the use of blockchain technology in video games for being exploitative, environmentally unsustainable, and unnecessary.
A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody and require few or no coding skills to create. NFTs typically contain references to digital files such as artworks, photos, videos, and audio. Because NFTs are uniquely identifiable, they differ from cryptocurrencies, which are fungible.
Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis, known for its in-game economy which uses Ethereum-based cryptocurrencies.
Web3 is a marketing term for uses of the World Wide Web which incorporate concepts such as decentralization, blockchain technologies, and token-based economics, all of which existed on the web prior to the term being created. Some technologists and journalists have contrasted it with Web 2.0, wherein they say data and content are centralized in a small group of companies sometimes referred to as "Big Tech". The term "Web3" was coined in 2014 by Ethereum co-founder Gavin Wood, and the idea gained interest in 2021 from cryptocurrency enthusiasts, large technology companies, and venture capital firms. The concepts of Web3 were first represented in 2013.
Crypto.com is a cryptocurrency exchange company based in Singapore. As of June 2023, the company reportedly had 80 million customers and 4,000 employees. The exchange issues its own exchange token named Cronos (CRO).
ICON is a decentralized, open-source blockchain with smart contract functionality. ICX is the native cryptocurrency of the platform.
Line Goes Up – The Problem With NFTs is a 2022 documentary film written and directed by Canadian YouTuber and video essayist Dan Olson on non-fungible tokens (NFTs), cryptocurrencies, the metaverse, and Web3. The video was published to his YouTube channel Folding Ideas on January 21, 2022.
Royal (Royal.io) is a US-based platform that sells music rights as limited digital assets. It was founded by Opendoor co-founder JD Ross and DJ and electronic music producer Justin "3LAU" Blau It is headquartered in Austin, Texas.
Harry Joseph Malinski, known as CryptoVet, is an Asian-American writer, journalist, cryptocurrency analyst and retired veterinary surgeon. He was Chief Technology Officer of PennyFly Entertainment, named by Pepperdine University as one of the “Most Fundable Companies" in the United States.
The ERC-721 Non-fungible Token Standard, is a technical framework, defining a set of rules and interfaces for creating and managing unique, non-fungible tokens (NFTs) on the Ethereum blockchain. ERC-721 is recognized for formalizing the concept of an NFT and establishing the foundation of the multi-billion dollar digital collectibles eco-system that emerged alongside its adoption. It is one of the most widely used NFT standards across use cases and has been utilized in various high profile projects.
Storybook Brawl was an auto battler video game developed by American studio Good Luck Games. Development began in 2020, and the game was released in early access for Windows in June 2021. The game and studio were acquired by cryptocurrency exchange FTX in March 2022 to develop non-fungible token integrations, a move that faced player backlash. Servers were shut down in May 2023 in the wake of the bankruptcy of FTX.
GATE.io is a global cryptocurrency exchange and blockchain platform established in 2013. According to Bloomberg and Reuters it is ranked among the top most worldwide for the trading volume.
