Immutable X, a top Web3 games developer platform, introduced Immutable Passport, a comprehensive solution for integrating gamers into Web3. The announcement had minimal effect on the IMX token’s price, which increased only 1% in the past 24 hours at the time of writing.
Immutable X unveiled the launch of its all-in-one non-custodial wallet, the Immutable Passport, through a tweet highlighting its efforts to create it.
The launch of Passport by Immutable X facilitates the rapid integration of Web3 gamers
The Immutable Passport offers secure access for gamers, providing an enterprise-level security solution that only allows access to the private key holder. It offers a non-custodial wallet, which means that the private keys are never held by the Passport. The sign-up process is passwordless, minimizing the risk of hacked accounts and forgotten passwords, with players only needing to enter a one-time password sent to their email.
Game studios and developers can benefit from critical information provided by Passport, such as insights into customer behavior and player needs. By integrating with Passport, they also gain access to a large group of active players in the ImmutableX ecosystem and a robust web3 ecosystem with tools, APIs, and infrastructure solutions for global scalability.
Guild of Guardians and Gods Unchained are among the first games to integrate with Immutable Passport and has already started using it as their wallet and authentication solution.
However, the adoption of web3 gaming by mainstream players is hindered by the need to store multiple seed phrases on different centralized platforms, which can also incur heavy fees. The process of loading funds onto a wallet for use can be confusing and requires players to leave the gaming experience.
Most crypto wallets are designed for DeFi and not for web3 gaming needs, making them difficult for players to use. A wallet designed with gamers in mind can enhance gameplay rather than interrupt it.
Why the passport was designed
Immutable Passport has been created to address issues faced by gamers and developers in the gaming industry by offering a comprehensive and user-friendly gaming wallet. It eliminates fragmentation and requires no web3 knowledge to use.
Furthermore, it facilitates the easy transfer of in-game assets compatible with ImmutableX and offers various player-friendly features such as gamer profiles, early game access, customizable limits, and more. Its built-in security framework, “Guardian,” will provide users with 2FA approvals, a child lock system, private key recovery, and other tools to secure their profiles and assets.
The Immutable Passport grants unified access to the entire Immutable ecosystem, including marketplaces and tools, for players and developers alike. The launch is scheduled for April 2023, but integration can begin now for game studios and developers.
The immutable President and Co-Founder shared in a press release,
“For web3 gaming to reach a billion players, onboarding must be invisible, secure, and work across any game – mobile, console, or desktop. Until now, security and friction have been tradeoffs. Passport is a self-custodial wallet where users can sign in with just an email and one-time password – it will be a game changer for players and radically reduce user acquisition costs. More than that, just like a Gamertag or a Steam account, Immutable Passport offers unified identity, transaction, and authentication functionalities that simply haven’t existed in the web3 gaming space until now. We can’t wait to introduce our partners to the power of Immutable Passport.”
Passport offers exceptional player onboarding and secures non-custodial wallets. Other standout features include improved gamer accessibility, instant scalability, seamless purchases, and enhanced marketplace distribution. The company stated that this is just another step towards expanding the Web3 reach of the platform
ImmutableX’s solution uses Web3 components to provide a similar seamless process while boosting scalability and compatibility within the Web3 ecosystem.
Ken Emmanuel is a Blockchain Content writer, a Web3 Enthusiast and a Social Media Management Strategist, he likes writing educative contents to help people gain more knowledge and get inspired. The growth of any organization he work with is always his priority. He is a Geographer by profession and loves reading.