Immutable

Immutable, the startup behind popular blockchain trading card game Gods Unchained, has reportedly cut 20 employees

Citadel Securities reportedly names CEO for its planned crypto-focused platform

The company’s goal is to foster mass adoption of gaming, collectibles, music and sports NFTs

Layer-2 Ethereum startup behind the trading card game Gods Unchained says GameFi projects are uncorrelated to the broader crypto market

Lots of fresh capital entered the crypto space this week, up 36% from last week’s $1.34 billion

The NFT startup announced a $200 million financing round on Monday

Layer-2 scaling platform Immutable X will also be used to power the company’s forthcoming non-fungible token marketplace, co-founder Robbie Ferguson told Blockworks

More than a week later and after a missed deadline, TikTok finally released its first NFT; the price skyrocketed almost 4X in one hour.

“We seem to be in a cultural bull market…We’re seeing the markets grow, we’re seeing the demand grow,” Bradley Miles, co-founder and CEO of Roll said to Blockworks.

Immutable promises zero gas fees to improve NFT market, speed up transactions, and address carbon impact.