Immutable has officially rolled out its Perpetual Rewards program, with the inaugural Weekly Draw commencing on April 10th. This launch presents an impressive prize pool of 235,758.46 $IMX, which is valued at around $93,000, considering $IMX is trading at approximately $0.39. Let’s delve into the details of this program and explore how participants can get involved.
Understanding the Immutable Perpetual Rewards Program
Originally unveiled in December 2024, the Perpetual Rewards initiative marks a significant advancement in Immutable’s strategy to reward dedicated gamers. This program builds on the earlier "Main Quest" system, which allowed players to earn Gems by engaging with various web3 games such as Guild of Guardians and Illuvium. Following a beta release in March 2025, the excitement truly kicked off with the launch of the first Weekly Draw this week. The essence of the program is to transform in-game actions into tangible rewards. Players can complete quests, gather 500 Gems, and exchange them for a Key—essentially their ticket to participate in the Weekly Draw.
The Mechanics of the Weekly Draw
The Weekly Draw is the centerpiece of this rewards program. Here’s how it operates:
Phase 1: Redemption (Thursday to Monday UTC) – Players can trade 500 Gems for a Key.
Phase 2: Reward Calculation (Tuesday UTC) – Immutable’s algorithm processes the entries.
Phase 3: Claiming Rewards (Wednesday UTC) – Participants log in to claim their prizes. Each Key redeemed gives players a chance to win various rewards, including $IMX tokens, bonus Gems, free entries for future draws, and upgrades to Key Tiers. It’s important to note that each participant is limited to redeeming one Key per week.
Eligibility to Participate
Players who have accumulated 500 Gems through previous game quests are eligible to join the draw. To participate, they need to log into their Immutable Passport wallet, link their social media account, verify their phone number, and exchange their Gems for a Key. If they haven’t yet gathered enough Gems, they can earn more by:
- Completing in-game quests
- Watching promotional videos
- Claiming daily Gem drops
- Engaging with partner games
- Participating in limited-time promotions
It’s worth mentioning that only users with an Immutable Passport can enter the draw. Those still using MetaMask or other external wallets must transition to an Immutable Passport first.
Prize Pools and Key Tiers Explained
In the Immutable Perpetual Rewards framework, your Key Tier determines your prize pool eligibility. Participants with a Common Key will draw from the Common tier prize pool, while those with a Legendary Key compete in the much more lucrative Legendary tier pool. The more involved players are, such as by completing additional game quests, the higher their Key Tier becomes, thus enhancing their reward potential. For instance, in Week 1, the prize pool of 235,758.46 $IMX is allocated as follows:
- Common Tier – 5.88% (13,862.60 $IMX)
- Uncommon Tier – 11.36% (26,782.16 $IMX)
- Rare Tier – 21.98% (51,819.71 $IMX)
- Epic Tier – 18.67% (44,016.10 $IMX)
- Legendary Tier – 17.12% (40,361.85 $IMX)
Additionally, there is a Mythic Draw available to all participants, regardless of their Key Tier, contributing 25% of the total rewards pool (58,939.62 $IMX). In this draw, 100 random winners can receive prizes ranging from 181.548 $IMX up to 20,955.888 $IMX, translating to potential winnings of around $8,260 from a single draw. Essentially, while your Key Tier influences your basic prize eligibility, everyone has a chance to win in the Mythic Draw.
What to Expect Moving Forward
After each draw concludes on Tuesday, participants can start claiming their rewards on Wednesday. It’s crucial to act promptly, as these rewards will expire after 30 days. Any Free Entries or Tier-Up rewards will be automatically applied the next time a player redeems their Gems.
Overall, Immutable’s Perpetual Rewards system simplifies the play-to-earn model significantly. It shifts the focus away from merely winning competitive matches or grinding through a single title. Instead, it encourages players to explore a variety of games, complete quests, accumulate Gems, and reap rewards weekly. Gamers are no longer confined to one game or pressured by the leaderboard; with Immutable’s platform, they can engage in multiple games, fulfill quests, and earn rewards with ease.
