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Home » Republic and Immutable Partner to Elevate Web3 Gaming Ecosystem

Republic and Immutable Partner to Elevate Web3 Gaming Ecosystem

Strategic Collaboration Aims to Revolutionize Game Studios' Tokenomics

Kelly Cromley by Kelly Cromley
Jul 31, 2024
in Market News, News
Reading Time: 2 mins read
0
Republic Crypto Advisory partners with Immutable

Republic, a globally recognized leader in Web3 advisory and investment services, has announced a strategic partnership with Immutable. This collaboration is set to offer comprehensive support to game studios building on Immutable’s platform, focusing on providing tailored services to design sustainable economic systems that drive player engagement, retention, and monetization.

 

Enhancing Tokenomics and Technical Support

The partnership between Republic and Immutable is poised to transform the way game studios approach tokenomics. Republic Crypto Advisory will extend its expertise in tokenomics and technical advisory to games within the Immutable ecosystem, guiding them from the seed stage through to liquidity. In addition to tokenomics, Republic Crypto will assist game studios with robust go-to-market strategies to ensure successful launches and sustained growth.

 

Republic’s proven track record with startups and enterprises, combined with its team of economists, finance experts, legal professionals, and developers, will provide top-tier games with the resources and expertise needed to develop, test, and implement tokens for long-term success. This holistic approach is expected to significantly enhance the economic models of games on the Immutable platform.

 

Republic’s Super Token Thesis

Immutable selected Republic as an advisory partner due to Republic’s comprehensive capabilities in token go-to-market strategies and their innovative super token thesis. This approach aims to integrate tokens into multiple services and provide extensive utilities within a single token, thereby maximizing their value and functionality. Founded in 2017, Republic Crypto Advisory has weathered multiple market cycles, bringing seasoned expertise to Web3 companies focused on designing sustainable economic value.

 

Game studios with secured funding and actively developing functional games will particularly benefit from Republic’s advisory services. Teams seeking to enhance their in-game economics will also find Republic’s expertise invaluable, helping to ensure their projects achieve long-term success.

 

Advancing Web3 Gaming

Maria Chak, Head of Business Development & GTM at Republic, emphasized the partnership’s significance in advancing Web3 gaming. She noted that collaborating with the Immutable ecosystem allows Republic to showcase their combined strengths in technology, tokenomics, and go-to-market strategies. Chak highlighted Immutable’s leadership in Web3 gaming and expressed enthusiasm about supporting their top-tier games with Republic’s extensive expertise while integrating them into the broader Republic ecosystem.

 

Republic’s Proven Track Record

Over the past few years, Republic has been involved in numerous notable projects, including Supra Oracles, DappRadar, Chingari, Zed Run, and Star Atlas. The firm has a remarkable track record of establishing Web3 project startups in the market. As an advisory firm, Republic advises major enterprises in the Web3 space, including one of the Big 4 accounting firms in the US and major conglomerates throughout the Asia Pacific Region.

 

Republic’s involvement in these high-profile projects and its role in advising significant enterprises underscore its capability to drive innovation and success in the Web3 space. The partnership with Immutable is expected to further solidify Republic’s position as a leading Web3 advisory firm and enhance the overall growth and development of the Web3 gaming ecosystem.

 

Conclusion

The collaboration between Republic and Immutable marks a significant milestone in the evolution of Web3 gaming. By providing game studios with the tools and expertise needed to design sustainable economic systems and successful go-to-market strategies, this partnership is set to drive innovation and growth in the industry. With Republic’s extensive experience and Immutable’s leadership in Web3 gaming, the future looks promising for game studios looking to leverage blockchain technology for enhanced player experiences and economic models.

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