Immutable X is the first layer 2 scaling solution for NFTs on Ethereum with instant transaction confirmation, massive scalability (up to 9,000+ transactions per second), zero gas fees - and no user impact regulation. The protocol is built on StarkWare's proof technology, which allows users to retain access to the Ethereum ecosystem and network effects.
IMX is an ERC-20 utility token for the Immutable X protocol, designed to drive NFT adoption and help creators, players and developers reimagine value in the digital ecosystem. It will be used to:
Bets to earn rewards.
Pay transaction fees.
Vote on proposals.
Immutable X offers:
No gas and instant transactions
Self-custody of NFTs.
A true layer 2 secured by Ethereum.
Carbon-neutral NFT.
