🕹️ Immutable to Merge Networks. Ethereum gaming platform Immutable will combine its Immutable X and zkEVM chains into a single unified network later this year, automatically migrating assets to streamline the transition.
📱 Magic Eden Buys Slingshot. NFT marketplace Magic Eden acquired onchain trading app Slingshot to expand into token trading. The move brings support for +5M tokens to the platform.
👻 Aavegotchi Moves to Base. Ethereum game Aavegotchi will migrate from Polygon to Base following a DAO vote, sunsetting its custom L3 network Geist in the process. The switch is expected to complete within 4–6 weeks.
Something that should be on your radar in my opinion? Kamigotchi's upcoming mainnet launch.
Kamigotchi itself is a fully onchain pet strategy game that the indie game studio Asphodel has been developing over the past couple of years.
The project raised a seed round in March 2025 and later that month concluded its second playtest on the testnet of its bespoke chain, Yominet.
In my opinion, it's among the most interesting efforts in the onchain gaming scene today, and now the game is preparing to officially go live as Asphodel is on the verge of launching Yominet on Initia.
Initia has been flying under the radar in crypto, but its mainnet launch is also coming and Kamigotchi's Yominet chain will be one of the first ecosystem deployments here.
For its part, Initia is a new Layer 1 blockchain built atop the Cosmos SDK that's designed to serve as an orchestration layer for a network of modular appchains, or “interwoven rollups.”
In other words? It's a coordination hub for shared liquidity, security, and interoperability, and it supports multiple virtual machines like the EVM, MoveVM, and Wasm.
With data availability by Celestia under the hood and Initia’s framework handling execution and routing, the infra is geared toward supporting an ecosystem of high-performance onchain apps, e.g. games like Kamigotchi, Battle for Blockchain, Civitia, etc.
Plus, Initia appchains like Yominet will become ecosystems themselves—in Yominet's case, it will be home to future titles built by Asphodel, including their eponymous long-term MMORPG vision, Asphodel.
All that said, to prep for the upcoming releases here, I recommend getting started with some basic research:
The Fraxtal ecosystem is expanding at lightning speed—this month’s biggest highlight is IQAI.com, the newest Agent Tokenization platform from IQ and Frax. IQ is building autonomous, intelligent, tokenized agents launching on Fraxtal in Q1. Empower onchain agents with built-in wallets, tokenized ownership, and decentralized governance—all within a fast-growing Fraxtal ecosystem.
Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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