Immutable Launches In-Game Transaction Feature for Enhanced Web3 Gaming Experience

Announced on November 11, the “Pre-Approved Transactions” feature addresses a common friction in Web3 gaming: the need to leave the game to approve transactions or manage wallets. Now, players can authorize transactions directly within the game interface, creating a more immersive and uninterrupted experience.

The Pre-Approved Transactions feature is expected to enable advanced in-game functionalities such as item trading, crafting, and integrated marketplaces. This streamlines blockchain interactions and makes the process more user-friendly, allowing Web3 gaming to mirror the fluidity of traditional gaming.

Immutable emphasized that this update will simplify the experience for players and reduce the support load for developers, allowing them to focus on crafting engaging gameplay.

The Gods Unchained game developer also noted that the feature is straightforward to implement, requiring minimal technical setup. Game developers maintain full control over the transaction interface, which they can adapt to fit seamlessly within their game’s design, while the blockchain interactions are handled in the background. 

This feature currently supports only game-issued assets, ensuring a secure environment, but Immutable plans to expand the functionality to support a wider range of assets in the future.

This news comes as Web3 gaming gains momentum, with Japanese financial giant SBI Holdings making an undisclosed investment in Oasys, a blockchain network focused on the sector. The funding aims to enhance liquidity for Oasys’ native token and support projects, validators, and collaborators on its platform. Additionally, it will aid in the development of several blockchain games set for release in 2024. Yoshitaka Kitao, CEO of SBI Holdings, called Oasys a “highly promising project” and reaffirmed the company’s commitment to expanding blockchain technology use cases through this partnership.

Meanwhile, Immutable has vowed to challenge any potential enforcement action from the U.S. Securities and Exchange Commission (SEC) following a Wells notice. In a November 1 statement, the firm clarified that while the SEC did not specify the allegations, it believes they relate to the “listing and private sales” of its IMX token in 2021. The gaming platform emphasised that it had a brief call with the SEC after receiving the notice, asserting that the agency’s claims were incorrect and could have been clarified through constructive dialogue.

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