Immutable presents itself as a scalable solution with zero gas costs, specifically optimized for games, leveraging zero-knowledge rollup technology (ZK-rollups) to handle transactions off the Ethereum chain. Its partnership with Ubisoft’s Strategic Innovation Lab indicates its commitment to enhancing the gaming experience through the integration of Web3 technologies. Immutable X not only facilitates the creation of large-scale Web3 games but also promises Ethereum-level security, maintaining the ownership and security of players’ assets thanks to STARK verifiers directly on the Ethereum mainnet.
Besides its focus on gaming, Immutable X is dedicated to revolutionizing digital ownership in the gaming world through NFTs, allowing developers and players to have true ownership of in-game items. The platform offers an unprecedented experience in the realm of Web3 gaming, where innovation and creativity meet to redefine the future of gaming.
Key Points of ImmutableX
Immutable X employs zero-knowledge rollups (ZK-rollups) to bundle multiple transactions into a single batch and generate a “proof of validity” that is validated on the main chain, keeping assets in a smart contract until a valid proof is produced. This technology not only speeds up the validation of blocks by involving less data but also facilitates the transition of transactions from layer 2 to layer 1 of Ethereum.
The platform stands out for its scalability and security, offering the same security guarantees as the Ethereum blockchain. In collaboration with Starkware, Immutable X carries out a large number of off-chain transactions, which, once signed by users, are consolidated on the main network in a single Stark proof, optimizing the network’s privacy and scalability. Immutable X also eliminates economic restrictions by allowing users to avoid gas costs for minting or exchanging assets.
Regarding unique features, Immutable X focuses on NFTs and play-to-earn gaming models, providing them with better scalability and reducing high gas costs. Unlike other projects competing with Ethereum, Immutable X leverages Ethereum’s features to offer attractive and advantageous characteristics for NFT traders, including cost-free minting and peer-to-peer trading.
The IMX token of Immutable X is primarily used to reward user activities on the platform, ranging from trading and liquidity provision to application development. Additionally, the token is used for rewards among traders, players, artists, marketplaces, and other transactions on the network. With a total supply of 2 billion IMX, approximately 235 million are in circulation.
Immutable X represents an innovative vision for the future of Web3 gaming and digital ownership, leveraging Ethereum technology to create a secure, scalable, and gas-free platform for the minting and trading of NFTs.
Where to buy ImmutableX?
ImmutableX (IMX) is available for purchase on numerous well-known cryptocurrency exchanges, such as Binance, KuCoin, and Coinbase, among others. These platforms offer various options for acquiring IMX, including different trading pairs. It’s important to research and compare the available options on these exchanges to find the best rates and trading pairs that suit your investment needs.
