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9/7/2022

Param Labs Integrates Immutable X to Power the Upcoming Kiraverse with Gasless and Carbon Neutral NFT Minting and Trading

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TL;DR

Immutable X, an industry-leading NFT minting and trading platform and the world’s first Layer 2 rapid-scaling solution on Ethereum, today announced it has formed a partnership with Param Labs, to power The Kiraverse, their upcoming free-to-play battle royale shooter where players can compete and explore in an extremely user-friendly interface, easing the transition for many players from web2 to a seamless and immersive web3 experience.

The Kiraverse aims to create a new world of gaming where players seamlessly experience owning and playing with NFTs without knowing they’re NFTs, allowing players to immediately jump into the action of Kiraverse without the hassle of setting up a wallet or buying any crypto before playing. Gamers of all skill levels and backgrounds are provided with real-world value right from the start, as they explore, earn and have fun in an expansive and innovative environment brimming with exquisite landscapes.

“With zero gas fees and transaction speeds reaching up to nine thousand transactions per second, there is no better home for The Kiraverse than Immutable X,” said Anthony Anderson, founding partner of Param Labs. “Our experienced team is eager to bring The Kiraverse to gamers worldwide, our mission is to put earning potential directly in gamers' hands, offer true digital ownership of in-game assets, and provide an immersive experience enjoyable by all.”

Param Labs has assembled an elite team of experienced game developers, as well as world-renowned 3D artists Antoni and Marc Tudisco to help unite the world of gaming and fine art in a new world of digital ownership. Antoni and Tudisco have been creating 3D art and cinema for numerous years and are two of the most well-known and well-respected artists in the space, having created work for the likes of Nike, Versace and many other entertainment icons.

“Immutable is ecstatic to be working with Param Labs, as they have a vision that is sure to excite the entire gaming landscape and help onboard the next generation of players onto web3,” said Robbie Ferguson, Co-Founder of Immutable. “We look forward to providing their community with a seamless, gasless and carbon neutral NFT trading experience with our leading Layer-2 technology on Ethereum.”

The Kiraverse has already collaborated with several “blue-chip” NFT projects such as BAYC, Doodles and Cool Cats to integrate their NFTs into the game. With a community of over 53,000 followers on Twitter and 11,000 members in their discord, The Kiraverse is rapidly growing as it gets closer to release. To help further grow this community, The Kiraverse beta will be available prior to their first official mint.

Immutable is the fastest Australian company to reach unicorn status — earlier this year, Immutable announced a $200 million series C fundraising round led by Temasek, and included Tencent and Animoca Brands. The company is valued at $2.5 billion and plans to use the funds to help drive its global expansion.

About Immutable

Immutable is a global Blockchain Gaming company with a mission to bring digital asset ownership to billions of users through the power of immutable NFTs. The Immutable Group consists of Immutable X and Immutable Games Studio.

Immutable X, in partnership with Starkware, is the leading Layer 2 Ethereum-scaling solution offering innovators and builders incredible speed, security and liquidity across digital worlds. Immutable X has become the platform of choice for world-class web3 games such as Guild of Guardians, Gods Unchained, Illuvium, Embersword, Planet Quest and many more.

About Param Labs

Param Labs is a AAA game and blockchain development studio with a focus on delivering the highest quality blockchain integrated games to the masses through player-owned digital assets.

Headquartered in Europe & The United States, Param Labs is positioning themselves to be the leading development team of high quality MMO games which will bridge the gap between traditional gaming and Web3, through their user-friendly experiences and sustainable ecosystems which can onboard millions of new people into Web3 gaming.

Visit https://paramlabs.io for more info.

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Disclaimer and risk statement:

This ‘How to’ guide is provided for information purposes only and does not constitute investment advice or a recommendation.  While Immutable has taken all reasonable care in preparing this guide, it is provided on an “As is” basis without any representations or warranty, to the maximum extent permitted by applicable law. In no event shall Immutable or any of its affiliates or any of its directors, officers, agents or employees be liable for any loss or damages in connection with the use of this guide. Some of the solutions referred to in this guide are provided by third parties; Immutable takes no responsibility for third party technology and you should refer to the policies, terms and conditions of those third party services before engaging with them.  Dealing in crypto assets can be complex; you should be aware of the risks involved with dealing with crypto assets, including with respect to transferring and bridging assets across different blockchain environments.

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