Immutable price

FAQ About IMX

• What is Immutable X (IMX)?

  Immutable X is the leading Ethereum Layer-2 scaling solution purpose-built for the high demands of NFTs and Web3 gaming. It solves Ethereum's critical performance bottlenecks by providing instantly settled, gas-free, and high-throughput transactions. IMX is the native utility token, integral to the ecosystem's economy, fueling fees across the network, empowering governance, providing staking rewards, and incentivizing developers for ecosystem growth.

• What is the IMX token used for?

  The IMX token is central to the entire Immutable ecosystem, spanning both the original Immutable X rollup and the newer Immutable zkEVM.
  
  Its utility serves three primary functions: paying protocol fees incurred across the network's transactions, providing staking opportunities for users to earn rewards while securing the network, and enabling robust governance, allowing holders to participate in key proposals that shape the protocol's fee structures and long-term development.

• How does Immutable achieve gas-free transactions?

  Immutable leverages StarkWare’s ZK-rollup technology, bundling thousands of transactions securely off-chain and verifying them on Ethereum as a single proof. This drastically reduces gas costs and allows NFT transactions to occur instantly and without fees for end-users.

• What makes Immutable different from other Layer-2 solutions?

  Unlike generic Layer-2 scaling networks, Immutable is purpose-built for NFTs and Web3 gaming.
  
  The platform provides a full suite of integrated services, including purpose-built SDKs, APIs, integrated marketplaces, and the strategic focus on Immutable zkEVM. This integrated development environment simplifies the complex onboarding process for traditional game studios transitioning to the blockchain, evidenced by major successful partners like Gods Unchained and Illuvium leveraging its infrastructure.

• Who founded Immutable?

  Immutable was founded in Sydney, Australia, by brothers James Ferguson and Robbie Ferguson, along with Alex Connolly. The company is now a prominent global leader in the Web3 gaming infrastructure space and is backed by significant institutional investors, including Temasek, Tencent, Animoca Brands, and Coinbase Ventures, underscoring its strategic importance in the crypto industry.

• What projects are built on Immutable?

  The Immutable ecosystem hosts a rapidly expanding portfolio of high-profile Web3 games and NFT platforms. Key projects include:
  1.Gods Unchained, a flagship trading card game developed internally;
  2.Guild of Guardians, a major mobile RPG; and
  3.AAA blockchain titles such as Illuvium and Ember Sword, which rely on Immutable’s foundational infrastructure.
  
  The platform continues to attract traditional, mainstream game studios looking to enter the blockchain space.

• What are the benefits of using Immutable for developers?

  Developers building on Immutable benefit from a platform engineered for ease of use and economic advantage. They gain access to instant, gas-free NFT minting and trading capabilities, which significantly reduces player friction. The platform ensures built-in, deep liquidity through the Immutable Marketplace and integrations with major external marketplaces. Furthermore, they utilize robust APIs and SDKs designed for seamless Web3 onboarding within a fully compliant and highly secure infrastructure, backed by Ethereum's proven security guarantees.

• What is the relationship between Immutable and Polygon?

  In 2023, Immutable collaborated with Polygon to launch the Immutable zkEVM, a next-generation, high-performance gaming chain. This joint effort strategically combines Immutable's deep Web3 gaming expertise with Polygon's advanced ZK-rollup technology, creating a secure, Ethereum-compatible scaling environment specifically optimized for large, complex games.

• What’s next for Immutable?

  Immutable's future roadmap is heavily focused on leveraging the growth of the Immutable zkEVM to onboard mainstream game studios and significantly expand its active gaming ecosystem.
  
  Key anticipated updates include enhancing cross-game asset interoperability, launching highly user-friendly wallet solutions designed for gamers, and securing even stronger strategic partnerships with major global gaming brands to drive mass adoption.

• Is Immutable (IMX) a good investment?

  This is not financial advice. Immutable is widely recognized as a foundational infrastructure player in the competitive Web3 gaming sector. Its combination of gas-free Layer-2 efficiency, strategic pivot to the Immutable zkEVM, and growing ecosystem of major partners provides strong long-term potential for the IMX price. However, as a crypto asset, its success remains highly dependent on continued execution, mainstream user adoption of its games, and the overall dynamics of the wider crypto market.

• What is the total supply of IMX？

  IMX has a maximum supply of 2,000,000,000 tokens, with allocations to the team, investors, ecosystem fund, and community incentives.

• Is Immutable X multichain?

  While Immutable X is fundamentally anchored to Ethereum, supporting its security model, it operates as a specialized multichain solution for NFT assets. Its core functionality enables cross-chain NFT trading through its Layer-2 framework and strategic partnerships, providing developers and users with the flexibility to move assets efficiently across ecosystems while maintaining Ethereum’s security guarantees.

• How does Immutable X improve Web3 application performance?

  Immutable X dramatically improves Web3 application performance by providing a Layer-2 environment with gas-free and exceptionally high-throughput transaction capabilities. This infrastructure is crucial for reducing costs, eliminating friction, and enhancing the scalability required for the large volume of token and NFT transactions typical of successful gaming and digital asset applications.

• How is Immutable X different from other NFT platforms?

  Immutable X emphasizes gas-free, eco-friendly, and high-performance transactions, achieved through Zk-rollups. This results in a significantly enhanced user experience, specifically designed to meet the high-speed demands of Web3 gaming, rather than just static NFT collection.