Mandala, which is developing a multi-platform interoperable metaverse, has partnered with Immutable X, a Layer 2 scaling solution for NFTs.
Mandala is a media franchise that exploits and supports the integration of technology, spirituality, sustainability, and entertainment through web3, gaming, comic books, television, and digital material, all in creative collaboration with the real world and the Metaverse.
Immutable X is the dominant Layer 2 scaling solution for NFTs, enabling gas-free minting and trading without jeopardizing the security of Ethereum, the most widely used blockchain for NFTs globally. The solution, which is driven by StarkWare’s cutting-edge technology, provides rapid trade confirmation, tremendous scalability (up to 9,000 transactions per second), and an excellent development and user experience.
Mandala will use Immutable X’s Layer 2 scaling technology for Ethereum to create an AR-based geo-location AAA Unreal Engine MMORPG to take Mandala world storytelling to the next level. The collaboration will also allow Mandala to leverage all of the markets on Immutable X’s shared orderbook for secondary liquidity and secondary trade as it scales the Mandala Metaverse.
“For Mandala to reach its critical mass and build the world’s first ‘Enlightenment Simulator,’ partnering with Immutable X as the leading platform for the next generation of Web3 games was a no-brainer,” said Jon Shanker, CEO of Mandala. “The strong ecosystem it is creating, and building an authentic decentralized community, is in alignment with what Mandala has been searching for; a real foundation for our partners to create a cross platform game and interoperable metaverse to counter the centralizing forces. Utility NFTs, like gaming assets, have typically struggled to attain large-scale liquidity without jeopardizing decentralization or security. Immutable solves Mandala’s challenges by letting millions of people to own their assets while being the heroes of their own life.”
“Immutable is proud to be at the forefront of exciting and innovative projects in web3. Teaming up with Mandala is a perfect fit, as we continue to drive metaverse NFT communities, driven by gaming and entertainment in the near term,.” said Robbie Ferguson, co-founder of Immutable. “Mandala is creating a one-of-a-kind environment that is primed to catch the attention of both web3 natives and those just getting started in the sector, and we’re delighted to provide them with the resources they need to fuel their expansive vision.”