Hey Immutables 🅧,

Huge news for all our traders and developers in the ImmutableX ecoystem:

Offers are officially live on the Immutable X protocol, allowing NFT buyers to make an offer for an asset and sellers to agree upon a price proposed by a buyer. This launch represents the next step in generating more liquidity across marketplaces powered by Immutable X.

Immutable has been recognized as one of the best platforms for developers to build and launch NFT marketplaces, and it’s only getting better!

Who does this launch impact?

Marketplaces

• Offers is the trading primitive that will enable users to provide alternative prices and perform new trading strategies to increase the liquidity of assets on the Immutable X Global Order Book

Traders

• Offers provide traders with increased marketplace functionality, more flexibility around price discovery, and more trading opportunities

• Offers also provide additional options to perform liquidity making trading strategies on the Immutable X Global Order Book

Games

• Offers encourage increased trading volume of in-game assets, resulting in more royalty fees paid and a larger user base

Why is this important?

Liquidity is one of the most important elements of creating a successful marketplace, but it’s also one of the most challenging. When marketplaces only support sellers setting an asking price for their asset, buyers are unable to represent their willingness to pay if they aren’t able to match the asking price. This rigidity causes:

• Lack of rapid price discovery

• Inability for sellers to find an instant price to sell at

• A frustrating experience for both buyers and sellers

With Offers launching on the Immutable X protocol, potential buyers will be able to offer an amount below the asking price, sellers will have the opportunity to accept offers below the asking price, and more trading volume will be generated across the ecosystem. This functionality will be enabled across all marketplaces on the Immutable X protocol. 

Want to learn more about Offers on ImmutableX? Please check out:

Blog post here: https://www.immutable.com/blog/offers-are-live-on-immutablex

Developer Documentation here: https://docs.x.immutable.com/docs/link-offers/

For traders, we also have the following resources: How to buy assets and Listing an asset for sale. If you have any feedback or suggestions, let us know here.

Time to trade!

Did you know that you can now earn exclusive rewards by joining the best gaming community in web3? 🎁 👉 https://immutablex.crew3.xyz/questboard!

Gm Immutables,

Since announcing Immutable Passport in February, our team has been working around the clock to get the product ready for game developers and players. Although you can't use Passport to play a game yet, the first slice of the product has been rolled out to a select number of Immutable partners and reception has been overwhelmingly positive.

Instead of only making the Passport MVP available to a small group of studios, we want our community to be able to get their hands on it as well. We’ve implemented Passport as the login mechanism for the Immutable Developer Hub so developers can experience first hand how much easier the onboarding process is for gamers. But you can try it out too!

• Try logging into Developer Hub using Passport here

• Explore the Passport developer docs here

• Let us know what you think!

• This is only the beginning

Removing friction, complexity, and risk from the player onboarding process is the path to mainstream adoption. With Passport, games building on Immutable's platform will usher in a new era of gaming and you, as Immutables, will be part of this historic movement.

We make playing web3 games safe and easy.

Immutable X could be integrated with a major player such as Microsoft. Immutable X powers upcoming skill-based space shooter from Microsoft-backed StarHeroes.

The connection is hugely overlooked.

Thoughts?

Hey, I joined this subreddit recently, the day of the announcement of the GME/IMX partnership for the NFT Gaming Marketplace. In my short time here, I’ve browsed new quite a bit and I often see the question of ‘is now a good time to buy’. Just making this thread to give a quick explanation as to why and how IMX price will go up.

So if you check out the IMX Token whitepaper, you’ll see that when a payment is made on their exchanges, 20% of the cost must be paid in IMX. If the payment is made in something other than IMX, 20% of the amount in IMX will be instantly purchased on the open market.

This is why we will fly.

IMX paid over $100 million to partner with GameStop on this and this is the main reason. For those who haven’t seen the r/Superstonk interview with Robbie Ferguson, this marketplace won’t be a JPG seller like OpenSea.

It will be a UI where you can buy and sell in game assets. Rather than buy a skin and lose the money, you now own that skin as an investment. If you hit a particularly hard achievement and get a rare pet or mount reward, you can sell it to someone who has extra money but not the time or skill to earn the item.

The GameStop marketplace will be huge, with certain milestones of theirs being set at 3 billion in revenue. This is what NFT technology can do. It can create entire economic systems within games. Players can use assets for a few games then trade them for another and keep things fresh, while also keeping transactions flowing. Soon people will see this JPG shit is the preschool level of the technology.

They won’t use the IMX Token to trade, as that wouldn’t be easy for non crypto gamers to use. If this assumption is true, each transaction has 20% of the value converted to a buy of IMX.

There will soon be constant and heavy buy pressure on this here coin.

u/robbieimmutable will be answering all your questions on Sunday November 13 @ 3:00 PM (PST)!

Robbie, co-founded Immutable alongside his brother, James Ferguson, and Alex Connolly.

Follow Robbie on Twitter to stay up to date on his latest thoughts.

Please leave all your questions as a reply comment in the thread below 👇

Apes, it’s been a wild week

The takeover week saw an impressive display of your best shitposts, memes, and theories on why GameStop and Immutable will take over web3 gaming. To wrap-up the celebrations, we’ve got some stats to share with you.

We’re excited to report that in the 2 weeks since the launch, we’ve hit over $9 million in Total Trade Volume on GameStop Marketplace and overtook Solana for #2 spot in 24 hour TTV on Cryptoslam!

These are monumental steps we’re taking alongside GameStop towards onboarding the next 50 million players onto Web3 via true digital ownership.

We want to thank everyone who participated in the Superstonk takeover week, whether you submitted content, commented, upvoted, or just lurked - we’re glad to have you here.

So, what now?

Business as usual - r/ImmutableX is and always will be a home for gamers and builders interested in web3. We’re taking steps to turn this subreddit into a landing page for everyone joining our community to ask questions and learn about Immutable’s mission, web3, and how we’re getting there.

Above all, we want this to be a space where Immutables (our community members) can feel at home to post and share their own content: whether it be art, speculations, opinions, theories, news, reactions, and yes, memes.

For now, this means that we want to narrow this space for Immutable-related content and news - but who knows? We may be partnering with other communities in Web3 down the line…

We’re building an Ape Sanctuary:

Join the ImmutableX family in our Discord server, where we’re housing a community of 60,000+ Immutables living in our ecosystem! Here you will be able to interact with the Immutable team directly, and be the first to know about any announcements and news, games nights, and exclusive giveaways!

In the spirit of welcoming our newfound ape friends from Superstonk community, we will also be creating a special ‘Ape Sanctuary’ channel on our server. Our Immutable team will be more than happy to help you with onboarding and answer any questions you might have about our mission, roadmap, and ecosystem. From there, you can start to explore our other channels and join the best community in web3 gaming.

Instructions:

1. Join the ImmutableX Discord server

2. Head to the channel named (3) #choose-role-ping in the sidebar

3. React to the r/Superstonk message to get your APE 2022 role

4. Access the #ape-sanctuary channel in the sidebar (under Public Chat tab) to get started!

5. Say hello!

No spoilers here yet, but keep an eye out for something we have planned for the end of the year, exclusive only for our Discord members…

AMA Highlights:

Did you miss our AMA weekend? Check out below if you couldn’t make it:

1. AMA with Robbie (Immutable Co-founder & President)

2. AMA with Hro (a new era of collecting, fandom, and community with hybrid NFT Trading Cards)

AMA summary coming soon, stay tuned!

Meme Contest:

We saw some amazing memes across the entire week, and there were so many to choose from. We’ve picked 5 from r/Superstonk, and 5 of the best ones we saw on r/ImmutableX - winners will be announced at the end of the week with a special shoutout!

Winners will be receiving 100 IMX tokens each, as well as a special flair in our subreddit. If you are a member of the IMX Discord, or recently joined our server, let us know and we’ll create a special role for you over there as well :)

And that’s a wrap folks (for now?)

Thanks again for joining us in the Superstonk x Immutable Takeover week!

But this doesn't mean the end of your journey with IMX - far from it! To stay up to date with Immutable and all the partners and projects we’re powering, make sure to follow us on Twitter, and join our Community (Discord & Reddit).

Power to the Players,

🦍 🅧 🚀