Immutable X is a Layer 2 scaling solution focused on resolving challenges in NFT and Web3 gaming ecosystems. Currently deployed on Ethereum, it leverages the native IMX token (an ERC-20 standard asset) to enable carbon-neutral, gas-free NFT trading while maintaining security and scalability.
Why Immutable X Matters for Ethereum NFTs
Ethereum remains a dominant blockchain for NFT minting but suffers from inherent scalability limits—processing just 5–15 transactions per second with high fees during congestion. Immutable X addresses these pain points by streamlining NFT transactions to mimic traditional e-commerce simplicity without compromising security.
Core Technology: ZK-Rollups & STARK Proofs
- ZK-Rollup Architecture: Developed with StarkWare, IMX combines hundreds of off-chain NFT transactions into a single cryptographic proof (STARK) to validate activity on-chain.
- Developer-Friendly Tools: REST APIs wrap this technology, allowing seamless integration for NFT app development.
👉 Discover how ZK-Rollups are revolutionizing blockchain scalability
Connecting to Immutable X
Users bridge Ethereum wallets via Link, an intermediary layer enabling NFT trading on Immutable X marketplaces. Future integrations (e.g., OpenSea) aim to expand liquidity and accessibility.
IMX Token Utility
- Protocol Fees: Pay for transactions within the ecosystem.
- Staking Rewards: Earn passive income by participating in network security.
- Governance: Vote on platform upgrades and policy changes.
IMX Tokenomics & Distribution
| Allocation | Percentage | Purpose |
|---|---|---|
| Ecosystem Dev | 51.74% | Rewards, grants, liquidity, marketing |
| Project Dev | 25% | Team and operational costs |
| Private Sale | 14.26% | Early investor incentives |
| Public Sale | 5% | Community fundraising |
| Foundation | 4% | Exchange liquidity, ecosystem grants |
Note: Vesting schedules vary by allocation type.
Founding Team & Backers
Immutable X was created by Immutable, the company behind hit NFT projects like:
- Gods Unchained
- Guild of Guardians
Co-founded by James and Robbie Ferguson (Forbes 30 Under 30 alumni), the team comprises 100+ experts from FAANG, fintech, and blockchain sectors. Notable investors include:
- Coinbase Ventures
- Galaxy Digital
- Nirvana Capital
A strategic partnership with TikTok has also introduced creator-led NFT collections via Immutable X.
👉 Explore trending NFT marketplaces powered by IMX
FAQ
Q: How does IMX achieve carbon-neutral trading?
A: By processing transactions off-chain and bundling proofs, IMX minimizes on-chain activity—eliminating gas fees and energy-intensive mining.
Q: Can I stake IMX tokens?
A: Yes! Staking supports network operations and earns rewards via protocol fees.
Q: What’s the max supply of IMX?
A: Capped at 2 billion tokens, with phased releases per the vesting schedule.
Q: Is Immutable X compatible with MetaMask?
A: Absolutely. Connect via Link to start trading NFTs seamlessly.
Q: Why choose IMX over other Layer 2 solutions?
A: IMX specializes in NFTs, offering zero-gas fees, instant trades, and Ethereum-level security.
Q: Where can I buy IMX?
A: Major exchanges like OKX list IMX—always DYOR before purchasing.