Immutable X is a marketplace, providing zero gas fees, aiming to redefine NFTs with a user-friendly approach... More
Fully Diluted Valuation | $1.64B |
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24H Trading Volume | $63.31M |
24H Low / High | $0.79 / $ 0.85 |
Circulating Supply | 1.74 B |
Total Supply | 2.00 B |
Max Supply | 2.00 B |
Contracts | 0xf57....e79ff |
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Categories | Smart Contract Platform 10 more |
Explorer | block chain 1 more |
Founder | James Ferguson Robbie Ferguson Alex Connolly |
Website | imx.community |
Socials | |
Chains | ethereum |
Exchange | Pair | OG Score | TBA | 24h Volume |
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In the dynamic world of blockchain and NFTs, Immutable X emerges as a global leader in gaming, pioneering the mission to bring digital ownership to every player. Founded in 2018 by James Ferguson, Robbie Ferguson, and Alex Connolly, Immutable has quickly become a powerhouse, backed by influential tech investors like BITKRAFT Ventures, King River Capital, AirTree, Temasek, Coinbase, and more.
The Immutable Ecosystem: Powering Web3 Games
At the core of Immutable's success lies the Immutable Group, comprising the Immutable Platform and Immutable Games. The Immutable Platform stands as the preferred developer platform for building and scaling web3 games on Ethereum. Meanwhile, Immutable Games, a global leader in web3 game development and publishing, boasts renowned titles such as Gods Unchained and Guild of Guardians.
Immutable X: Redefining NFTs on Ethereum
Immutable positions itself as a groundbreaking layer-two scaling solution for NFTs on the Ethereum blockchain, overcoming limitations like low scalability and poor user experiences. By utilizing STARK zk-rollups, a technology endorsed by Ethereum's founder Vitalik Buterin, Immutable X offers instant trading, massive scalability, and zero gas fees, fostering a secure environment for minting and trading NFTs.
Unique Features and Innovations
Immutable X distinguishes itself by being one of the first layer-two solutions exclusively focused on NFTs, utilizing zk-rollups that are pivotal in Ethereum's evolving ecosystem. With a promised transaction speed exceeding 9,000 transactions per second (tps), the platform aims to become the default "NFT blockchain" in the future.
A key component enhancing user experience is the API abstraction layer, allowing simple API calls for NFT-related interactions like minting and trading. The "Link" intermediate layer ensures an NFT-specific wallet experience, enabling support for third-party marketplace ecosystems without compromising security.
Immutable X's Token: IMX
IMX, Immutable's native ERC-20 utility token, plays a crucial role in the ecosystem. Users pay 20% of protocol fees in IMX, stake it to earn a share of network fees, and hold it for voting on governance proposals. With a total supply of two billion IMX, the token distribution includes allocations for ecosystem and project development, private and public sales, and foundation-related initiatives.
Security and Future Vision
Immutable X's layer-two blockchain operates with zero gas fees, and its security is bolstered by zk-rollups and STARK proofs, ensuring post-quantum security. Choosing to stay on Ethereum reflects Immutable's commitment to the philosophy of trustless, decentralized asset ownership.
As Immutable X continues to operate as Ethereum's first zero-knowledge rollup scaling protocol, the platform aims to solve high gas fee and scalability concerns. With its emphasis on fast and secure transactions, zero gas fees, and a commitment to user-friendly development, Immutable X is poised to lead the way in shaping the future of NFTs and blockchain gaming.
Immutable X stands out as a leading layer-two solution for NFTs on Ethereum, utilizing zk-rollups and an API abstraction layer to offer instant, gas-free trading with a focus on creating a seamless experience for users and developers.
Immutable X was founded by James Ferguson, a Forbes 30 Under 30 entrepreneur with experience leading a software development team, and Robbie Ferguson, a Thiel fellow and fellow Forbes 30 Under 30 entrepreneur. They co-founded the project with Alex Connolly in 2018.
Immutable X is backed by top transformational tech investors, including BITKRAFT Ventures, King River Capital, AirTree, Temasek, Coinbase, and more. These investors have supported Immutable's mission to bring digital ownership to the gaming world.
OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Immutable IMX. To access these ratings, evaluations, and comments, click here.
There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Immutable (IMX) is ($1,743,800,322), max supply of Immutable IMX is ($2,000,000,000) and the market cap of Immutable IMX is ($1,431,117,346).
What is the Immutable (IMX) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Immutable (IMX) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Immutable (IMX) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
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Does Coin (Immutable IMX) solve a good problem or offer the best solution?
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Does the team have a realistic roadmap and can catch up with it?
Does Immutable (IMX) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Immutable (IMX) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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