Republic and Immutable Forge Strategic Partnership to Transform Web3 Gaming Tokenomics
Republic, a pioneer in Web3 advisory and investment services globally, and Immutable have announced a strategic alliance to provide gaming studios using Immutable with comprehensive assistance. The goal of this partnership is to improve player engagement, retention, and monetization by offering white glove services for designing long-term economic systems that reward the proper actions.
The alliance between Republic and Immutable is expected to change the way that gaming companies handle tokenomics. From inception to liquidity, Republic Crypto Advisory will provide technical and tokenomics advisory to games inside the Immutable ecosystem. Republic Crypto will also help gaming companies with detailed marketing plans.
Eddie Burrowes, SVP Tokens of Immutable stated:
“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.”
Republic’s super token thesis and end-to-end capabilities for token go-to-market led Immutable to choose Republic as an advisory partner. This strategy focuses on offering a wide range of utilities under a single token and integrating the token into as many services as feasible. Having survived several market cycles, Republic Crypto Advisory, which was established in 2017, is a seasoned veteran in the cryptocurrency space. Their knowledge will help teams looking for help with in-game economics to improve their projects, Web3 firms who are focused on creating long-term economic value, and game studios that have obtained funding and are actively building functional games.
Eddie Burrowes, SVP Tokens of Immutable said:
“Partnering with the Immutable ecosystem enables Republic to demonstrate our shared strengths in advancing Web3 gaming. said Maria Chak, Head of Business Development GTM at Republic. “Immutable is the leader in Web3 gaming, and we are thrilled to support their top-tier games with Republic’s expertise in technology, tokenomics, and go-to-market strategies, while integrating them into the vast Republic ecosystem.”
Republic has been involved in a number of noteworthy projects in the last several years, such as Zed Run, Star Atlas, DappRadar, Chingari, and Supra Oracles. Republic also has an amazing track record of launching Web3 project companies in the market. Republic serves as an advisory company for significant Web3 businesses, such as one of the Big 4 accounting firms in the US, and significant conglomerates in the Asia Pacific Region.
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