Squid Goes Live on Immutable (IMX) Passport and Toolkit, Enabling Seamless Token Swaps
Iris Coleman Aug 26, 2024 21:08
Squid is now live on Immutable (IMX) Passport and Toolkit, allowing users to swap into $IMX, $GOG, and other gaming tokens on Immutable zkEVM.
Squid has officially launched on Immutable (IMX) Passport and Toolkit, providing gamers with the ability to directly swap into $IMX, $GOG, and other top gaming tokens on Immutable zkEVM from any EVM or Cosmos chains, according to immutable.com.
Integration with Immutable zkEVM
Immutable zkEVM offers a dedicated platform for games that leverage web3 capabilities such as true ownership and composability. Over 50 games have already been released on Immutable, with hundreds more in development. The integration of Squid into the Immutable Toolkit allows users to swap any token from any chain into in-game tokens like $GOG and Immutable’s native $IMX token.
Enhanced Gaming Wallet with Immutable Passport
Squid has also been integrated into Immutable Passport, a web3 wallet designed for gamers. This non-custodial wallet simplifies user onboarding with passwordless sign-on and automated wallet creation. It is now cross-chain, offering robust security and seamless gameplay. Gamers can protect and grow their communities with Immutable Passport, which provides access to a passionate gaming audience.
Practical Applications in Games
In games like Guild of Guardians, which uses the in-game currency $GOG, players can purchase items in the in-game marketplace, Eri’s Store. With Squid, players can now use WETH on Ethereum to buy $GOG on decentralized exchanges like SushiSwap and seamlessly bring that $GOG into Eri’s Store on Immutable zkEVM.
Future Prospects
The integration of Squid into Immutable’s ecosystem is expected to drive greater adoption of web3 games. Immutable continues to support game developers with a comprehensive suite of tools and solutions optimized for usability and security.
For more detailed information, visit the original Immutable blog post.
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