Investing in web 3.0 tokens: Immutable delays $67M token vesting by another year.
Immutable delays $67M token vesting by another year

Web 3.0: History and Investment Opportunities

Immutable, a layer-2 nonfungible token (NFT) scaling solution, has decided to delay the vesting of 125 million IMX in token rewards, worth $67 million at the time of publication, to July 2024. This is to ensure the project’s long-term sustainability. Robbie Ferguson, the co-founder, has also revealed that there are over 200 funded games built on Immutable and that its treasury has four years of runway for its 270 staff. Additionally, 52% of Immutable’s 2 billion tokens are reserved for project development and ecosystem incentives.

Web 3.0 is an upcoming technology with a lot of investment opportunities. It is important to understand its history, from Web 1.0 to Web 2.0, in order to fully comprehend the potential of Web 3.0. As for investing, one must learn how to buy Web 3.0 tokens and how to invest in Web 3.0.

Immutable’s roadmap includes launching its zero-knowledge Ethereum Virtual Machine (zkEVM) alongside cross-rollup liquidity, as well as the debut of its ecosystem blockchain games. With this, Web 3.0 is sure to be a revolutionary technology that will bring a lot of new and innovative opportunities.

In March 2022, Cointelegraph reported that Immutable had successfully closed its Series C funding round with a whopping $200 million, led by Singapore’s state-owned investment firm Temasek and joined by Animoca Brands, Tencent, Arrington Capital and Princeville Capital. The investment was expected to be used to further develop Immutable’s layer-2 scaling solution on Ethereum, as well as the Immutable Gaming Studio.

This article can be collected as an NFT to commemorate this moment in history and to show support for independent journalism in the crypto space.

With the emergence of Web 3.0, many people are wondering how to invest in its tokens. The history of Web 1.0, 2.0 and 3.0 has been a major driving force behind the development of blockchain technology. As such, it is possible to buy Web 3.0 tokens, and understanding the history of the web can help investors make informed decisions.

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