ImmutableX is a groundbreaking Layer-2 scaling solution exclusively designed to support NFTs on the Ethereum blockchain. It revolutionizes the NFT space by offering a gas-free minting platform, enabling the creation and management of NFT projects in a scalable and cost-effective manner. Its key features include:
1. Gas-Free Minting: ImmutableX eliminates gas fees, making it a cost-effective choice for NFT creators and collectors.
2. Web3 Gaming: It provides a secure foundation for developing and deploying web3 games powered by NFTs.
3. ImmutableX Marketplace: This platform hosts a prominent NFT marketplace where users can easily mint and trade Ethereum-based NFTs.
4. Carbon-Neutral Trading: ImmutableX is committed to environmental sustainability, operating as a carbon-neutral NFT trading platform.
5. Scalability: Its scalability ensures that developers can expand their projects without compromising efficiency or incurring high transaction fees.
6. Security: ImmutableX benefits from the robust security of the underlying Ethereum blockchain, which has never experienced a hack.
7. Partnership with StarkWare: To enhance safety and efficiency, ImmutableX collaborates with StarkWare, utilizing zero-knowledge roll-ups.
IMX Token
IMX serves as the native utility token within the ImmutableX protocol. It's used to pay a portion of transaction fees on the platform. The IMX coin can also be staked to earn rewards from ImmutableX's revenues. Additionally, it functions as a governance token, allowing token holders to vote on proposals regarding the protocol's future development.
