1. Project Information
- Project Name: Immutable
- Token Name: IMX
2. Introduction to the Project
Immutable is a Layer-2 scaling platform designed to enhance the efficiency of non-fungible tokens (NFTs) on the Ethereum blockchain. It focuses on improving the NFT ecosystem by offering features such as instant transaction confirmations, extensive scalability, and zero gas fees for minting and trading NFTs. Leveraging zero-knowledge rollup technology, Immutable consolidates multiple transactions into a single proof, minimizing gas costs and boosting transaction speed while maintaining Ethereum's robust security.
The IMX token is integral to the Immutable ecosystem and serves several key functions:
- Transaction Fees: IMX tokens can be used to pay for fees incurred during transactions on the platform.
- Staking Rewards: Holders of IMX can stake their tokens to earn rewards, fostering active participation and enhancing the network's security.
- Governance Role: IMX token holders have voting rights, enabling them to participate in the decision-making process and influence the platform's future developments.
3. Overview
- Total Supply: 2,000,000,000 IMX
- Circulating Supply: Around 1,694,765,880 IMX
4. Support Links
- Official Website: https://www.immutable.com/
- Documentation: https://docs.immutable.com/
- Whitepaper: https://www.immutable.com/whitepaper