IMX Immutable X
Source: IMXUSD Chart by TradingView
Immutable X Background
Immutable X positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable X, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable X is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be “all-in on.”
Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Ddrector of Gods Unchained, a project already building on Immutable X, stated that Immutable X allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable X aims to create a world-class experience for users and developers alike.
Immutable X News
Immutable X games collected largest Web3 funding of 2022 – over $900M
Immutable X exclusive games raised around $300 million, while Immutable X-based multichain games collected over $600 million in 2022.
Diablo developers to launch Angelic on Immutable X
Angelic is launched by Metaverse Game Studios, established by developers of Far Cry, League of Legends, Diablo, and Immortal.
How web3 gives power back to the players with Alex Connolly CTO of Immutable X – CryptoSlateIRL #22
The latest episode of CryptoSlate IRL covers IMX, the future of web3 gaming, CSGO and much more
Sulake’s Habbo Chooses Immutable X to Boost NFT Experience for Thousands of Game Users Worldwide
Sydney, Australia, 16th February, 2022 — Social entertainment company, Sulake, has chosen Immutable X, Ethereum’s leading Layer 2 scaling solution for non-fungible tokens (NFT), to boost the full NFT experience for its 500,000+ monthly active Habbo users worldwide.
Immutable X Intelligence
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