Immutable X (IMX)

What Is Immutable X?

Immutable X is the first layer-2 scaling solution for NFTs on Ethereum, with instant trade confirmation, massive scalability (up to 9,000+ trades per second), zero gas fees — without compromising user custody. The protocol is built on top of StarkWare’s proving technology, which allows users to retain access to Ethereum’s ecosystem and network effects.

Immutable X Unique Features

IMX is an ERC-20 utility token for the Immutable X protocol that is designed to drive the adoption of NFTs and help creators, players and developers reimagine value in a digital ecosystem. It will be used for:

• Staking to earn rewards.
• Pay transaction fees.
• Voting for proposals

Roadmap

Stage 1: Deus

In phase 1, Gods Unchained players have exclusive access to Immutable X with an open market and live trading.

Features available to Gods Unchained users are: wallet linking, minting, and Trial of the Gods card trading.

Stage 2: Cosmos

In phase 2, Immutable X will make it available to all other exchanges and dapps shortly after.

Feature examples include: fully integrated API, NFT deposits and withdrawals, trader classification and filtering, and finally transaction fees.

Stage 3: Metaverse

In phase 3, Immutable X will roll out significant exchange, expansion, optimization and scalability features.

Feature examples include: Liquidity incentives like fiat support, rewards, discounts, unique rewards, frictionless onboarding, wallet management, mobile devices.

Stage 4: Multiverse

In phase 4, Immutable X will roll out UX enhancements for developers and traders including: Developer UX as platform, primitives, services and Trader UX as order metadata, AMM for NFT

Stage 5: Utopia

In phase 5, Immutable X has made strides towards a utopia where the world is more tradable.

Immutable X Token Economy

Transactions Fees

20% of the protocol fee on every Immutable X transaction must be paid in IMX (this includes all applications and marketplaces powered by the protocol). If you do not own IMX, Immutable will convert the fee by purchasing IMX on the open market under the hood, with no user friction.

Governance

Active Immutable X community members are able to use their IMX to have an IMX-weighted vote on the future of Immutable X. Published proposals will relate to the future development and expansion of the token ecosystem..

Staking

All IMX used to pay transaction fees is sent to a staking rewards pool. This pool will be proportionally distributed among users who are currently staking IMX — the more you stake, the more you’ll earn.

Detailed Token Metrics

Immutable X private sale price:

• Token Name: Immutable X.
• Ticker: IMX.
• Blockchain: Ethereum.
• Token Standard: ERC20.
• Contract: Updating…
• Token Type: Utility.
• Total Supply: 20,000,000 IMX.
• Circulating Supply: Updating…

Token Distribution

Token Release Schedule

Partners & Advisors

Updating…

Team Members

Immutable is an industry leading NFT technology company, with over 100 members with backgrounds from blockchain, FAANG, finance, fintech and management consulting. Immutable is the developer of the Immutable X protocol, as well as the developer and publisher of the popular NFT projects Gods Unchained and the Guild of Guardians. In particular, the most notable is the contribution of two brothers James Ferguson and Robbie Ferguson.

James Ferguson – Co-Founder and CEO: has 7 years of experience in CEO and management positions at companies working in the field of e-commerce and technology such as Nulux, building God Unchained. He holds a bachelor’s degree in law and a bachelor’s degree in economics from the University of Sydney.

Robbie Ferguson – Co-Founder: has 5 years of experience working in KPMG’s blockchain data analytics field. He holds a bachelor’s degree in computer science from the University of Sydney.

Alex Connolly – CTO: has 5 years of experience building leading platforms for NFT projects and blockchain games, he holds a bachelor’s degree in computer science and a bachelor’s degree in law from the University of Sydney.

Investors

Starkware, Coinbase Ventures, Delphi Digital, Animoca Brands, The Lao, Distributed Global, Kenetic Capital, Double Peak, Galaxy Digital, Arrington XRP Capital, Parafi Capital, Nirvana Capital, Reinventure, Fabric Ventures, FTX Exchange, Huobi Global, Prosus