Overview
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.