Immutable (IMX) has announced a partnership with Ubisoft, one of the most influential software houses in the gaming sector.
The result of this collaboration will be a new mobile title based on the historic series “Might and Magic”, thus confirming Ubisoft’s growing determination to venture into the world of Web3 gaming.
A surge for Immutable: +10% after the announcement of the partnership with Ubisoft
Upon the release of the news, the value of the IMX token recorded a 10% increase, indicating that the market perceived the agreement as a valid strategic move for the company’s future. Investors’ attention skyrocketed, considering that this project represents a unique opportunity for Immutable, which recently overcame a delicate phase following the closure of the investigation initiated last year by the SEC (Securities and Exchange Commission).
Last month, the Commission officially closed the investigation, thus giving the company free rein to accelerate its expansion in the Web3 sector. This collaboration with Ubisoft therefore becomes an important piece in the company’s post-investigation blockchain strategy.
Ubisoft relaunches with Web3
It is no secret that the last few years have been complicated for Ubisoft. Despite a long tradition of successes with acclaimed titles like Assassin’s Creed, Rainbow Six, and Far Cry, the production company has recently gone through a phase of economic crisis. Releases that were not particularly successful and public discontent over questionable microtransaction systems have negatively impacted both the finances and the studio’s reputation.
The combined effect of commercial failures and weak sales pushed Ubisoft close to fiscal insolvency at the beginning of the year. However, the arrival on the market of Assassin’s Creed: Shadows helped stabilize the situation, even though numerous criticisms from the community about the playability of the title were not long in coming. But the need to find new sources of revenue remains a priority.
For this reason, the French giant is intensifying its efforts in the field of Web3. Already six years ago, it had shown interest in blockchain, testing the potential of the Ethereum technology through some experimental integrations. Today, this inclination evolves into a concrete move with Immutable, even though it is their first official joint project.
According to Justin Hulog, Chief Studio Officer of Immutable, the synergy between the platforms Immutable Passport, Immutable Play, and Ubisoft Connect will allow for seamless integration. The stated goal is to bring more than 138 million users of Ubisoft Connect into the Web3 world through a dynamic and engaging gaming experience, while at the same time facilitating the transition to platforms based on blockchain.
Might and Magic: Fates, a classic revisited with Web3
The announced game will be a new chapter of the historic IP “Might and Magic”, provisionally renamed “Might and Magic: Fates”. Ubisoft has described the saga as “one of the strongest intellectual properties in the world of gaming”, confirming the confidence it places in the success of the project. However, at the moment, information on the gameplay and blockchain mechanics is still scarce.
The only relevant detail confirmed is that the game will be card-based, meaning based on a card system, and it might offer rewards linked to cryptocurrency. A format already familiar to users of Web3 gaming, but if well executed, it could represent a launch pad for the adoption of blockchain in the mass market, especially among mobile device enthusiasts.
It is not the first time that Web3 tries to enter the mobile universe, but this could be the right time: on one side a giant with millions of loyal users, on the other a blockchain infrastructure ready to support large-scale games.
A boost also for the Web3 market
According to recent reports, the blockchain gaming sector experienced a slight decline in the first quarter of 2025, after an encouraging start to the year. However, partnerships like the one between Immutable and Ubisoft could reverse the trend and bring momentum back to a sector that is preparing to make the big leap.
The market is now awaiting further details on the title, while the eyes of the industry remain focused on this collaboration, which marks a new meeting point between traditional gaming and decentralized technologies. If the promises are kept, “Might and Magic: Fates” could represent a perfect case study on how to combine the quality of AAA games with accessible and secure Web3 mechanics.
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For now, it remains to be seen how Ubisoft and Immutable will manage to balance traditional gaming and blockchain features without alienating their fanbase. The success of the operation will also depend on the transparency of the Web3 functionalities and the ease of use for those approaching this type of platform for the first time.
The announcement has certainly turned the spotlight on the initiative, but the final judgment will be up to the users, the true arbiters of success in the hypercompetitive arena of mobile gaming. We remain in anticipation of further updates on gameplay, monetization models, and release date.
In the meantime, sector and investors are watching closely: Ubisoft may have just launched one of its boldest bets.