Republic, a global leader in Web3 advisory and investment services, and Immutable have teamed up to deliver end-to-end support to gaming tokenomics studios taking advantage of Immutable. The agreement will drive deeper player engagement, retention, and monetization by providing white-glove services for designing long-term economic systems that reward the right actions.
By pairing strong expertise in Republic tokenomics with Immutable category leadership in Web3 gaming, this partnership will indeed change the future of gaming tokenomics and create a much more viable economic model for game companies. This article highlights the nitty-gritty of this partnership and how it could turn out to be game-changing for the gaming sector.
Enhancing Player Engagement through Gaming Tokenomics
The alliance of Republic with Immutable is expected to change how gaming companies handle gaming tokenomics. Republic Crypto Advisory will provide technical and gaming tokenomics advisory to games from inception to liquidity within the Immutable ecosystem. Republic Crypto will also help gaming companies by providing detailed marketing plans.
Eddie Burrowes, SVP Tokens of Immutable, commented:
“Republic’s impressive track record with startups and enterprises, combined with their team of economists, finance experts, legal professionals, and developers, ensures our top-tier games have the resources and expertise needed to successfully develop, test, and implement tokens for long-term success.”
For these reasons, Republic’s super token thesis and end-to-end capabilities of token go-to-market have made Immutable an advisory partner. The strategy focuses on offering a wide range of utilities under a single token and integrating the token into as many services as possible. Republic Crypto Advisory, established in 2017, has weathered several market cycles to be considered one of the leaders in the cryptocurrency space. Their experience will be helpful to teams seeking assistance in in-game economics, long-term economic value creation-oriented Web3 firms, or game studios that have raised funds and are building functional games.
Strategic Advantages of the Partnership
Eddie Burrowes, SVP Tokens of Immutable, remarked: “Partnering with the Immutable ecosystem enables Republic to demonstrate our shared strengths in advancing Web3 gaming,”.
Maria Chak, Head of Business Development & GTM at Republic, commented that “Immutable is the leader in Web3 gaming, and we are thrilled to support their top-tier games with Republic’s expertise in technology, gaming tokenomics, and go-to-market strategies while integrating them into the vast Republic ecosystem.”
In the past years, Republic has been engaged in quite several prominent projects, including Zed Run, Star Atlas, DappRadar, Chingari, and Supra Oracles. Republic also has an incredible success rate in successfully launching Web3 project companies into the market. Republic is an advisory company for prominent Web3 businesses, one of the Big 4 accounting firms in the US, and prominent conglomerates in the Asia Pacific Region.
Conclusion: A New Era for Gaming Tokenomics
The partnership of Republic with Immutable is a new frontier in gaming tokenomics. Combining deep expertise in gaming tokenomics from Republic with the robust platform from Immutable, this partnership sets a new path in Web3 gaming. This cooperation will serve as a standard-setter in the Web3 gaming industry, focusing on long-term economic systems and providing all-rounded advisory services to help gaming studios develop sustainable and engaging models that improve player retention and monetization. In the evolving landscape of Web3 gaming, the strategic alliance will be at the core of innovation and growth across the industry in driving the future for tokenomics of gaming.
Against this backdrop, the merger of Republic’s muscle in gaming tokenomics and Immutable’s leadership in Web3 gaming should set this partnership in motion to truly innovate the economic structures of gaming companies and ensure a much safer and prosperous future for the industry. Stay ahead of the curve with updates from Turkishnyradio.
