Naspers Backs Immutable’s Blockchain Gaming Adventure with $15 Million Investment

Naspers Joins the Blockchain Gaming Revolution

In a bold move signaling the growing importance of blockchain technology in gaming, Naspers, the heavyweight shareholder of Tencent, has put its muscles behind Immutable, a Sydney-based game developer. The firm recently announced a $15 million investment to scale up its flagship game, Gods Unchained, which promises to stretch the limits of online trading card games.

Funds Flowing into Immutable

This funding round is no small potatoes. Alongside Naspers, other heavy hitters like Galaxy Digital EOS VC Fund and Sydney’s Reinventure have joined the party, making it a notable venture in the tech landscape. And if you think that’s it, American investment giant Apex Capital also threw its hat into the ring. It’s a veritable smorgasbord of investment!

Growing from 13,000 to a Million Players

Immutable is not just twiddling its thumbs with its new capital; the company has genuine ambitions. Currently, Gods Unchained boasts a player base of only 13,000, but co-founder James Ferguson is eyeing an impressive target of 1 million. No pressure, guys, but that’s a 7,615% increase! However, with revenues exceeding $4.5 million over just one year, it seems they may have the winning hand.

Trading Cards Breaking Records

Apart from their ambitious growth plans, Immutable is also making waves in the digital card realm. Gods Unchained has already served up a remarkable feat with its unique digital card, Hyperion, which sold for a jaw-dropping 137.8 Ether (ETH)—that’s $62,000 at auction! Talk about a collector’s item!

Blockchain Is Here to Stay

If you thought blockchain was just a passing fad, think again. Immutable proves that this technology isn’t just about cryptocurrency—it’s changing how we view gaming, too. Just recently, the Worldwide Asset eXchange (WAX) announced the launch of the online game Prospectors on their blockchain, a clear indication that the decentralized gaming scene is alive and kicking. Gaming fans and investors alike should keep an eye on these developments because, much like a good trading card, this trend has no signs of losing value.