Immutable X, a layer 2 scaling solution for non-fungible tokens (NFTs) on Ethereum, has partnered with ESL gaming to launch a digital NFT platform for CS:GO fans.
As one of the leading esports companies, ESL gaming, has been shaping the digital gaming landscape for more than two decades with its top innovations. It is partnering with Immutable X to help develop a platform where CS:GO fans worldwide can access buying, selling and holding CS:GO NFT assets. This is in line with the company’s mission to create a world where anybody can be somebody.
The partnership will allow ESL gaming the needed infrastructure for its fans to access carbon neutral and gas-free access to NFTs. As a layer 2 scaling solution, the Immutable X platform also makes it easy to access NFTs without high gas fees and long transaction periods that currently come with minting and trading on the Ethereum main chain.
ESL Gaming SVP of Global Business Development, Bernhard Mogk, has said the partnership with Immutable X is in line with their spirit of innovation. He said, “The Immutable team has gaming in their DNA and we share the same vision for the future of NFTs. In combination with a deep passion for the community, this is the only way to forge meaningful innovation in the space.”
ESL Gaming VP of Fan Value Management & Analytics, David Hiltscher also added that they were excited to work with Immutable X and that “Immutable’s solution to carbon-neutral and gas-free trading of NFTs fits our needs perfectly.”
What does the partnership mean for NFTs?
Immutable X is one of the biggest layer 1 scaling solutions while ESL gaming is a leading esports platform, by coming together, there’s the general knowledge that they will produce some of the most user-centric NFTs.
So far, NFTs have been growing in popularity as they are changing online gaming for the better. Ever since the spread of internet access, online gaming has become a popular pastime. However, the centralised nature of gaming means gamers are stuck transacting in one ecosystem.
NFTs in gaming brings a new way to gain from gaming online. Play to earn crypto games is becoming a popular mantra with some people even quitting their jobs to concentrate on gaming. NFTs allow the gamers to build various gaming items like characters and gaming skins. They can then sell these items as NFTs on the NFT marketplaces.
Other than gaming, NFTs have also impacted arts, music and other industries. With Immutable X and ESL Gaming partnering, NFTs remains the future of online gaming.