IMMUTABLE X

The First Layer 2 for NFTs on Ethereum

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Overview

Immutable X is the first layer two (L2) scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability and zero gas fees for minting and trading, all without compromising user or asset security. Immutable X is the most technically advanced solution for NFT scaling ever built, developed with StarkWare’s powerful STARK prover and rollup technology. 
Immutable believes NFT users and developers shouldn’t have to choose between the security and network effects of Ethereum, and creating a world-class experience for their users. Immutable X is a cutting edge protocol for NFTs which enables projects to build on Layer 2 Ethereum with a fantastic developer and user experience.
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The IMX token is the native ERC20 utility token of the Immutable X protocol, which users can earn by conducting pro-network activities such as trading, and which can be used to pay fees, perform governance or stake on the protocol.
Current Price:$2.28
Market Cap:$3,317,408,406 (#39)
Volume (24h):$45,211,753
Circulating Supply:1,456,815,249
Total Supply:2,000,000,000
All-Time High:$9.52 (11/26/2021)
Last Update:May 06, 2024 01:16:58
More Info:CoinGecko

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Project Rating

We take the following into consideration when forming our opinion: White Paper, Team, Partners, Marketing, Use Case, Tokenomics, Market Size, Competitors, Roadmap, Technology, Progress to Date, Advisors and Board Members. Our rating is not intended to endorse or promote an investment in any specific cryptocurrency.

(4 out of 5)

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