Immutable

Market Cap:
  $ 1,994,958,975
Market Cap/FDV:
 0.8

What is Immutable?

Immutable’s flagship product, Immutable X, is an L2 protocol that achieves scalability and faster transactions for Ethereum-based apps without sacrificing the security and decentralization offered by the Ethereum network. Immutable X achieves this by utilizing ZK-Rollups, which allow massive batches of transactions to be compressed and verified off-chain before being submitted to Ethereum. This enables high throughput and significantly reduces gas fees while maintaining security.

Founders of Immutable

Immutable was founded by brothers James and Robbie Ferguson in 2018. Together, they envisioned a platform enabling developers to create scalable blockchain-based games without compromising user experience and affordability.

What makes Immutable Unique?

Immutable X stands out in the blockchain space due to its innovative use of ZK Rollup technology. By embracing this L2 scaling solution, Immutable X offers the benefits of scalability, reduced transaction fees, and faster processing times, making it an ideal platform for gaming applications. This technological advantage positions Immutable X to become a leading solution for blockchain-based games, allowing for seamless UX and broad adoption.

How is the Network Secured?

By utilizing ZK Rollup technology, Immutable X achieves scalability while still relying on Ethereum’s robust and battle-tested security features as transactions are batched and verified off-chain before being submitted to Ethereum, the Immutable X network benefits from the security guarantees of the Ethereum platform, including distributed consensus and cryptographic validation.

Where should I buy IMX?

You can purchase Immutable (IMX) on several prominent cryptocurrency exchanges, including OKEx, Huobi Global, Bybit, and Bitget. These exchanges provide users with a convenient platform to buy and trade $IMX, facilitating accessibility and liquidity for investors seeking to participate in the Immutable ecosystem.

What’s next on Immutable?

Immutable’s future roadmap promises exciting developments to improve UX and expand platform functionality. Upcoming features include the Passport dashboard on Immutable zkEVM, which facilitates on-ramping, bridging, and swapping for seamless interaction. Enriched Confirmations will empower gamers with comprehensive transaction summaries for confident decision-making. Immutable envisions Passport evolving into an all-in-one gamer identity solution, simplifying onboarding for mainstream users. Additional developments include Verified collections, ERC-1155 Orderbook support, Minting API, and game storefront functionality, enhancing security and revenue generation. 

Project Overview

Project Overview
43/60
Tokenomics
26/30
Social Media & Docs
8.3/10
Total
80.6/100

This report is the opinion of experts and does not constitute financial advice.

View Full Report

Related News

All information on this website is published in good faith and for general information purposes only. Website https://mpost.io/ makes no warranties regarding the completeness, validity or accuracy of this information. Any action you take on information found on this website (https://mpost.io/) is done entirely at your own risk. Website https://mpost.io/ is not liable for any loss and/or damage in connection with the use of our website.