The Inevitable Games Fund (IGF), backed by Immutable, King River Capital, and Polygon Labs, has unveiled its inaugural returns on liquid investments. The fund has achieved a remarkable 2.8 multiple on invested capital (MOIC) for projects that have launched token generation events (TGEs). This performance surpasses Bitcoin's 1.36 MOIC within the same timeframe, signaling a significant shift in the gaming industry towards Web3 technologies.

Unlocking Unprecedented Growth in Web3 Gaming

Pioneering Investments in the Web3 Ecosystem

The success of IGF underscores the burgeoning potential of Web3 gaming. Over the past nine months, the fund has strategically invested in 16 innovative gaming projects. These ventures are not only redefining player engagement but also transforming how gamers interact with digital worlds. Anchored by Alpha Wave Ventures, which is supported by Alpha Wave Global and Chimera Capital from the Abu Dhabi Royal Group, IGF has attracted a roster of high-profile investors. Notable backers include Merit Circle, Mike Arrington of CrunchFund and Arrington Capital, Steve Kokinos of Sonic Boom Ventures, and Sandeep Nailwal of Polygon Labs. Each investor brings unique expertise, further solidifying the fund’s strategic advantage.The fund’s impressive performance reflects the resilience and momentum of the Web3 gaming sector. Robbie Ferguson, president of Immutable, highlighted this point, emphasizing that Web3 gaming is revolutionizing technology and content development. It empowers players to invest in and shape their communities, offering unprecedented opportunities for long-term growth. This paradigm shift is creating a fertile ground for discerning investors who recognize the transformative power of blockchain technology in gaming.

Immutable’s Dominance in the Blockchain Gaming Space

Immutable and Polygon Labs are pivotal forces driving the Web3 gaming revolution. Together, they command approximately 70% of the market share in this emerging sector. Since launching IGF, Immutable has rapidly become one of the fastest-growing ecosystems for Web3 games. With over 500 games onboarded and a substantial base of monthly active users (MAUs), Immutable stands out as a leader in blockchain gaming. In 2024 alone, Immutable welcomed more than 250 new games and recorded 4.6 million signups for its Passport onboarding platform. This surge in activity highlights Immutable’s growing influence and its commitment to making digital ownership accessible to all players. As a global leader in gaming, Immutable aims to simplify the process of building great Web3 games, ensuring safety and ease for developers and players alike. The platform has secured $300 million in funding from top-tier investors such as Temasek, Tencent, Bitkraft, King River Capital, and Galaxy.

Empowering Developers with Cutting-Edge Solutions

Immutable’s platform offers game studios and independent developers the tools needed to build and launch successful Web3 games on Ethereum. A key milestone was achieving the first zero-knowledge (zk) scaling solution for the Ethereum community. Immutable’s zkEVM, powered by Polygon, provides developers with scalable and secure solutions, enabling them to focus on innovation without compromising performance. This technological advancement has been instrumental in fostering a robust ecosystem where developers can confidently create immersive and rewarding gaming experiences. By leveraging zk-based scaling solutions, Immutable ensures that both established studios and emerging talents can thrive in the Web3 space. The company’s dedication to advancing blockchain technology is evident in its continuous efforts to enhance the gaming experience for players worldwide.

Revolutionizing Player Ownership and Engagement

The rise of Web3 gaming is fundamentally altering the dynamics of player engagement and ownership. Through blockchain technology, players now have the ability to own and trade in-game assets securely. This shift empowers players to invest in their gaming communities, fostering a deeper connection and sense of ownership. Zeb Rice, cofounder and managing partner at King River Capital, emphasized that the fund’s strong performance is a testament to the resilience and momentum of the Web3 gaming landscape. As the industry continues to evolve, the integration of digital ownership and blockchain technology is set to redefine the gaming experience. Players are no longer passive participants but active contributors to the development and sustainability of their favorite games. This transformation opens up new avenues for monetization and engagement, positioning Web3 gaming as a groundbreaking category with immense potential for future growth.