Immutable X is the first layer-2 scaling solution for NFTs on Ethereum, with instant trade confirmation, massive scalability (up to 9,000+ trades per second), zero gas fees — without compromising user custody. The protocol is built on top of StarkWare’s proving technology, which allows users to retain access to Ethereum’s ecosystem and network effects.

IMX is an ERC-20 utility token for the Immutable X protocol that is designed to drive the adoption of NFTs and help creators, players and developers reimagine value in a digital ecosystem. It will be used for:

Staking to earn rewards.

Pay transaction fees.

Voting for proposals.

Immutable X offers:

Gas-free and instant trades

Self-custody for NFTs.

A true Layer-2 secured by Ethereum.

NFTs that are carbon neutral.

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