About Immutable

IMX is the native cryptocurrency associated with the Immutable X network, which operates as a layer-2 scaling solution for Ethereum. This network utilizes zero-knowledge rollup technology to enhance the efficiency and scalability of non-fungible token (NFT) transactions. By leveraging this advanced cryptographic method, Immutable X aims to provide instant trade confirmations, high throughput, and zero gas fees for users, thereby addressing some of the common limitations faced by NFT platforms on the Ethereum blockchain. The IMX token serves multiple functions within the Immutable X ecosystem, including governance, staking, and facilitating transactions. As a utility token, IMX empowers users to engage with the platform effectively, allowing them to participate in decision-making processes and benefit from the network's growth. The focus on sustainability and user experience positions Immutable X as a significant player in the evolving landscape of digital assets and NFTs.