ImmuTable, in collaboration with King River Capital and Polygon Labs, today announced the inaugural returns on liquid investments of the inevitable game fund (IGF).
The fund recorded a multiple of 2.8 on Investied capital (MOIC) for investments that launched generation of tokens (TGES), exceeding the multiple of 1.36 seen from Bitcoin during the same period.
Anchored by Alpha Wave Ventures, supported by Alpha Wave Global and the Chimera Capital of the Royal Group of Abu Dhabi, IGF has made investments in 16 game projects in the last nine months.
“The success of the performance of the inevitable Games Fund to date highlights the strength and resilience of the web games sector3,” said Robbie Ferguson, president of Immutable, in a statement. “The web3 game stimulates a revolution in technology and content development, redefining the players’ reward for their time and allowing them to invest and shape their long -term game communities. This is a revolutionary category that has incredible opportunities for the most demanding and most demanding companies and investors who pay particular attention ”
The other first investors include Merit Circle Circle, Mike Arrington, Crunchfund co -founder and Arrington Capital, Steve Kokinos, Sonic Boom Ventures and former CEO of Algorand, and Sandeep Nailwal, co -founder of Polygon Labs.
“IGF’s exceptional performance in such a short time testifies to the momentum and resilience of the web game landscape3,” said Zeb Rice, co -founder and director of King Capital, in a press release. “With the high performance of the fund, we continue to consolidate our commitment to revolutionize the game industry thanks to digital property and blockchain technology.”
Immutable and polygon represent key motor forces in the web 3 industry, representing together approximately 70% of the total market share in the sector. Since the launch of the IGF, an immutable has been established as the web3 game ecosystem which has experienced the fastest growth, with 500 games in total and one of the largest number of monthly active users (MAUS).
Just in 2024, unchanging aboard more than 250 games and recorded 4.6 million registrations for its unchanging passport integration platform, more solidifying its position as one of the blockchain game companies more successful in operation today.
ImmuTable is a world leader in games on a mission to bring digital property to each player by facilitating the creation of major web games. The immutable game game platform has integrated more than 500 well-financed games on the platform and has raised $ 300 million + from leading global investors, including Temasek, Tencent, Bitkraft, King River Capital and Galaxy.
The unchanging game platform allows game studios and independent developers to build and launch successful games safely and confidently on Ethereum. ImmuTable was the first game platform to provide a zero knowledge scaling solution (ZK) to the Ethereum community and provides developers with ZK-based scaling solutions as the immutable zkevm , powered by the polygon.
