Republic Crypto and Immutable Collaborate to Revolutionize Tokenomics in Web3 Gaming

Twitter icon  •  Published 5 months ago on July 30, 2024  •  Hassan Maishera

Republic Crypto partners with Immutable to offer comprehensive support to game studios building on the Immutable network.

Republic Crypto and Immutable Collaborate to Revolutionize Tokenomics in Web3 Gaming

Republic, a global leader in Web3 advisory and investment services, announced on Tuesday, July 30th, that it has partnered with Immutable to offer comprehensive support to game studios building on Immutable.

In a press release shared with Crytowisser, Republic said the partnership focuses on providing white-glove services to design sustainable economic systems that incentivize the right behaviors, thereby improving player engagement, retention, and monetization.

The partnership between the two entities will also transform how game studios approach tokenomics. According to the release, Republic Crypto Advisory will offer tokenomics and technical advisory to games in the Immutable ecosystem from seed to liquidity. In addition to that, Republic Crypto will assist game studios with comprehensive go-to-market strategies. 

While commenting on this latest development, Eddie Burrowes, SVP Tokens of Immutable, said,

“Republic’s impressive track record with startups and enterprises, combined with their team of economists, finance experts, legal professionals, and developers, ensures our top-tier games have the resources and expertise needed to successfully develop, test, and implement tokens for long-term success.”

Immutable partnered with Republic because of its end-to-end capabilities for token go to market and Republic’s super token thesis. This method focuses on integrating the token into as many services as possible and providing extensive utilities within a single token. 

Maria Chak, Head of Business Development & GTM at Republic, also commented that,

“Partnering with the Immutable ecosystem enables Republic to demonstrate our shared strengths in advancing Web3 gaming. Immutable is a leader in Web3 gaming, and we are thrilled to support their top-tier games with Republic's expertise in technology, tokenomics, and go-to-market strategies while integrating them into the vast Republic ecosystem.”

Republic has been building its presence in the crypto ecosystem thanks to partnerships with projects including Supra Oracles, DappRadar, Chingari, Zed Run, and Star Atlas. As an advisory firm, Republic advises major enterprises in the Web3 space, including one of the Big 4 accounting firms in the US, as well as major conglomerates throughout the Asia Pacific Region.

Republic Crypto is accelerating the growth of web3 by supporting its most ambitious builders and investors. Its world-class team of strategists guides crypto projects from seed to liquidity—advising on token economics, smart contract development, marketing, fundraising, and more.

The Republic ecosystem has raised over $2.6 billion in investments and comprises a community of over 3 million users across 150 countries. 

Meanwhile, Immutable is a global leader in gaming on a mission to bring digital ownership to every player by making it safe and easy to build great web3 games. The Immutable gaming platform makes it easy for game studios and independent developers to safely and confidently build and launch successful games on Ethereum.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.