Republic Crypto Partners with Immutable to Revolutionize Tokenomics in Web3 Gaming


Republic Crypto Partners with Immutable to Revolutionize Tokenomics in Web3 Gaming

  blockster.com 30 July 2024 17:01, UTC

New York, NY — Republic, a leading name in Web3 advisory and investment, has announced an exciting new partnership with Immutable, a pioneer in Web3 gaming. This collaboration aims to transform the landscape of game development by offering top-tier support to game studios building on Immutable’s platform, focusing on advanced tokenomics and player engagement strategies.

The strategic partnership between Republic and Immutable is set to revolutionize how game studios design and implement their tokenomics. Republic Crypto Advisory will bring its expertise to the table, providing comprehensive advisory services covering every aspect of token development, from initial design to market liquidity. This includes crafting tailored economic systems that not only incentivize desirable player behaviors but also enhance engagement and retention.

Eddie Burrowes, SVP Tokens at Immutable, highlighted the value of this partnership:
“Republic’s extensive experience with startups and enterprises, combined with their team of experts in economics, finance, law, and development, ensures our games will have the resources and knowledge needed for long-term success. Their support will be crucial in developing, testing, and implementing tokens that drive sustainable growth.”

Eddie Burrowes, SVP Tokens at Immutable
Republic’s Super Token Thesis

Immutable chose Republic for its end-to-end capabilities and innovative approach to token integration. Republic’s “super token” thesis focuses on embedding tokens into a wide array of services and providing extensive utility within a single token framework. This strategic approach is designed to maximize the economic impact and functionality of tokens across various platforms.

Since its inception in 2017, Republic Crypto Advisory has established a strong reputation in the crypto industry, navigating through multiple market cycles. Their expertise will be invaluable for Web3 companies aiming to design lasting economic value, secure funding, and optimize in-game economics for improved project outcomes.

Maria Chak, Head of Business Development & GTM at Republic, expressed her enthusiasm about the partnership:
“Working with Immutable allows us to showcase our strengths in advancing Web3 gaming. Immutable is a leader in this space, and we’re excited to bring our technology, tokenomics, and go-to-market expertise to support their exceptional games. This collaboration integrates our efforts within the broader Republic ecosystem, further enriching the Web3 experience.”

Maria Chak, Head of Business Development & GTM at Republic
A Track Record of Success

Republic’s involvement in notable Web3 projects such as Supra Oracles, DappRadar, Chingari, Zed Run, and Star Atlas underscores its ability to drive success in the industry. The firm’s extensive experience includes advising major enterprises and one of the Big Four accounting firms in the US, as well as prominent conglomerates across the Asia-Pacific region.

About Republic

Republic Crypto is at the forefront of Web3 innovation, supporting ambitious projects and investors with expert guidance from seed stage to liquidity. Their comprehensive services include token economics, smart contract development, marketing, and fundraising. As part of the Republic family, which has raised over $2.6 billion in investments and built a community of over 3 million users across 150 countries, Republic Crypto continues to be a key player in the growth of the Web3 ecosystem. For more information, visit www.republic.com.

About Immutable

Immutable is a global leader in Web3 gaming, dedicated to making digital ownership accessible to every player. Their platform simplifies the process for game studios and independent developers to build and launch successful Web3 games on Ethereum. Immutable offers a suite of pre-built solutions designed for usability, security, and rapid market entry, along with personalized guidance and community support.

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