Blockchain based games are getting a big new boost from one of the largest game developers in crypto.

What’s happening:

  • Sydney, Australia based blockchain gaming platform Immutable has launched a new project to reward users with a pool of $50M USD in incentives

Why it matters:

  • Immutable’s new effort to incentivize users who play their games is considered the largest financial reward program ever for blockchain based games

The big idea:

  • Immutable will distribute tokens to users who complete quests, play new games and own collections within the Immutable ecosystem

By the numbers:

  • Immutable currently has 270 new games under development
  • The new rewards plan for users is currently only available for 10 of Immutable’s games, but will soon begin launching on more titles

Going deeper:

  • Immutable has some of the most notable backers in crypto, including Coinbase (NASDAQ: COIN), Tencent, Bitkraft Ventures and Galaxy Interactive