Immutable X is the first Layer 2 scaling solution to support NFTs transactions on the Ethereum platform. The project is built on StarkWare’s advanced Zero-Knowledge Rollup (zk-rollup) technology that helps solve common transaction problems on Ethereum without compromising security or asset custody. With Layer 2, Immutable X gives users unlimited fast transactions, up to 9000+ transactions per second, with no gas fees. The experience during use is also much smoother, thanks to that.

CEO James Ferguson and Chairman Robbie Ferguson are the two founders of the Immutable X project. They are young people with many years of experience in technology and crypto platforms and have been on the Forbes 30 Under 30.

IMX is a native token of Immutable X’s ecosystem, operating on the Ethereum platform according to ERC20 standards and can be used for the following purposes:

• Vote for development activities as well as project changes
• Donate to users who contribute to the project
• Pay transaction fees