$IMX
IMX, or Immutable X, is a layer-two scaling solution for NFTs on Ethereum, designed to increase scalability, reduce gas fees, and enhance user experience.
*Key Features:*
- Layer-two scaling: Immutable X uses a layer-two scaling solution to process transactions off-chain, reducing congestion on the Ethereum network and minimizing gas fees.
- NFT-focused: Immutable X is specifically designed for NFTs, making it an attractive solution for gaming, art, and other use cases that require high scalability and low fees.
- Zero gas fees: Immutable X eliminates gas fees for minting and trading NFTs, making it more accessible to users.
- Ethereum-grade security: Immutable X inherits Ethereum's robust security measures, ensuring that NFTs are safe and tamper-proof.
Token Information:
Market Capitalization: Around $1.23 billion
Circulating Supply: 1.91 billion IMX tokens
Total Supply: 2 billion IMX tokens
Use Cases:
*Gaming: Immutable X is designed to support high-performance gaming applications, enabling fast and secure transactions.
*NFT Marketplaces: Immutable X can be used to build scalable NFT marketplaces with low fees and fast transaction processing.
*Art and Collectibles: Immutable X provides a secure and scalable platform for creating, buying, and selling digital art and collectibles
