Immutable wants to create more value in the web3 gaming world (w/ Robbie Ferguson)

Chain Reaction - A podcast by TechCrunch, Yashad Kulkarni, Maggie Stamets, Kell Keller, Jacquelyn Melinek

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For this week’s episode, Jacquelyn interviewed Robbie Ferguson, co-founder and president of Immutable. Immutable is a web3 company consisting of two entities: Immutable Platform, a developer platform for building and scaling Ethereum-based web3 games, and Immutable Games, a web3 game developer and publisher. Some traditional gaming studios and IP holders are also building on its platform like GameStop, TikTok, Illuvium and NFT marketplace OpenSea, to name a few. In March 2022, Immutable raised $200 million at a $2.5 billion valuation and last June it launched a $500 million developer and venture investment fund, which TechCrunch covered exclusively.