🌐 Immutable X
Immutable X is a second-layer network developed to provide fast and efficient solutions for trading and creating non-fungible digital assets (NFTs), all built on the Ethereum network.
✅ Its goal is to empower users and developers to interact with NFTs quickly, with almost no fees, and zero carbon emissions, while maintaining the security of the Ethereum blockchain.
⚙️ How Immutable X Works
- It uses a technology known as
zk-Rollups
which enables the bundling of thousands of transactions and sending them all at once to Ethereum, making transactions faster and cheaper.
- It supports over 9,000 transactions per second, which is ideal for games and platforms that require high speed.
- The platform is designed to be easy to integrate into games and marketplaces through ready-made tools.
🪙 What is the function of the currency $IMX
IMX is the native currency of the Immutable X network, and it is used for:
- Paying transaction fees on the network, part of which is paid in IMX.
- Governance: where IMX holders can vote on platform development decisions.
- Staking: users can lock IMX and participate in rewards.
🕹️ Project Uses
🎮 Immutable X supports many web3 games like card games and competitive games.
🖼️ It enables users to create and sell NFTs without bothersome gas fees.
🧱 Its shared marketplace allows trading NFTs across different platforms without needing to transfer the asset itself.