Immutable

About Immutable

IMX is the native token for the Immutable X network, which is the first zk-rollup for NFTs on Ethereum. It is designed to enable scalable, low-cost, and secure NFT minting and trading by leveraging zero-knowledge proofs. The token is used for transaction fees, staking, and governance within the ecosystem.

• Immutable X is the first zk-rollup specifically built for NFTs on Ethereum.
• The network uses zero-knowledge proofs to achieve instant trade confirmation and near-zero gas fees.
• IMX is part of the Animoca Brands portfolio and Coinbase Ventures portfolio.
• Immutable X is a Layer 2 scaling solution that does not compromise on Ethereum's security.
• The token is also associated with the Immutable zkEVM ecosystem, expanding its capabilities.