Immutable ($IMX )
Unlock date: August 8
Number of tokens to be unlocked: 24.52 million IMX (1.23% of total supply)
Current circulating supply: 1.89 billion IMX
Total supply: 2 billion IMX
Immutable X is a Layer 2 scaling solution on Ethereum designed for NFTs. It enables fee-less transactions, supports ERC-721 and ERC-20 tokens, and offers high speed (up to 9,000 TPS) using zero-knowledge proofs for security and scalability. The IMX token is used for governance and services on the platform.
On August 8, the network will unlock 24.52 million IMX tokens, worth $12.36 million. This constitutes 1.30% of the current circulating supply of Immutable.
The team will allocate 16.56 million tokens for project development, while 7.96 million IMX will be directed towards ecosystem development.
