Immutable X is a layer-2 scaling solution for NFTs on Ethereum, designed to provide near-instant transaction confirmation, zero gas fees for trading, and scalability for NFT marketplaces and games. IMX is the utility and governance token of the Immutable X ecosystem, used for staking, paying transaction fees within the Immutable X marketplace, and participating in the platform’s governance.
What is Immutable X (IMX)?
Discover the key facts about Immutable X (IMX).
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Looking for more resources?
Crypto Glossary for Nonprofits and Donors: 60+ Terms Explained We’ve put together a glossary of the most popular, essential, and amusing jargon, terms, shorthands, and slang. Read more
Why Institutional Adoption of Crypto Matters for Nonprofits Learn how institutional adoption of crypto is increasing trust, reducing risk, and supporting the growth of Crypto Philanthropy for nonprofits. Read more
What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
