Immutable X

Immutable X

Overview

  • Network

    Ethereum

  • Country

    -

  • Immutable X Team

    -
  • Official Links

  • Latest Funding Round Type

    Series D

  • Latest Funding

    $500M

  • Total Funding

    $857M

  • Last Funding Date

    Jun 17, 2022

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Key Highlights

  • Immutable X is a layer-2 scaling solution used for NFT projects on Ethereum.
  • Its core features include scalability, near-zero gas fees, and the ability to launch projects quickly.
  • The Immutable X token, $IMX, is an ERC-20 token. The token's key utility is to improve the verification process for NFTs, which benefits developers and creators alike.
  • You can also use the token for payment transactions and gas fees, staking to obtain rewards, and voting on programs with DAO governance.
  • Immutable X supports almost every ETH wallet type, so users don't need to switch from one NFT marketplace to another.

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