{"id":9719,"date":"2024-01-15T09:34:45","date_gmt":"2024-01-15T09:34:45","guid":{"rendered":"https:\/\/realacademy.io\/?p=9719"},"modified":"2024-01-15T09:36:27","modified_gmt":"2024-01-15T09:36:27","slug":"immutable-x-imx","status":"publish","type":"post","link":"https:\/\/realacademy.io\/index.php\/2024\/01\/15\/immutable-x-imx\/","title":{"rendered":"Immutable X ($IMX)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"9719\" class=\"elementor elementor-9719\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2ba81f5e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2ba81f5e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bca11ef\" data-id=\"bca11ef\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c812581 blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"c812581\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 07-02-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Introduction<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09ee5e1 blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"09ee5e1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The purpose of this article is to provide an overview of Immutable X, a layer-2 scaling solution for non-fungible tokens (NFTs) on Ethereum. The article will cover the project\u2019s background, tokenomics, features, functionality, roadmap, risks, and challenges. The article will also explain why Immutable X is a unique and innovative project that aims to solve the problems of scalability, cost, and security for NFTs on Ethereum.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6d1cc blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"2d6d1cc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Overview<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c04cd8b blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"c04cd8b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Immutable X is a layer-2 scaling solution for NFTs on Ethereum that uses zk-rollups and STARK proofs. It aims to offer instant trading, massive scalability, and zero gas fees for minting and trading NFTs without compromising user or asset security.<\/span> <span style=\"font-weight: 400;\">Immutable X is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be \u201call-in on.Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Immutable X also supports custom smart contracts, enabling advanced gameplay mechanics and tokenomic functionalities for NFT projects. Immutable X is designed for games, applications, and marketplaces that prioritize high performance and low cost over advanced web3 game mechanics, while still maintaining the underlying security of Ethereum.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f5959c blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"6f5959c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Background<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ddac79 blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"5ddac79\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Immutable X was founded by James Ferguson and Robbie Ferguson, two brothers who are Forbes 30 Under 30 entrepreneurs. They previously led a software development team at a billion-dollar eCommerce company and created Gods Unchained, one of the most popular blockchain games. The team consists of more than 100 members from different backgrounds like blockchain, FAANG, finance, fintech, and management consulting. Immutable X raised a seed round in 2018 and a $15 million Series A in September 2019. Investors included some of the \u201cwho is who\u201d in blockchain investing, such as Coinbase, Naspers, Nirvana Capital, Apex Capital Partners, Continue Capital and Galaxy Digital<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Immutable X was launched on the Ethereum mainnet in April 2021, after a successful alpha test in March 2021. The project partnered with several NFT projects, such as Gods Unchained, Illuvium, Guild of Guardians, Superfarm, and Mintable, to enable them to scale and grow on Immutable X. In September 2021, Immutable X announced its EVM compatibility, allowing developers to deploy any Ethereum smart contract on Immutable X with minimal changes. In October 2021, Immutable X launched its native utility token, IMX, which can be used for fees, staking, and governance. In November 2021, Immutable X became the first carbon-neutral NFT platform, offsetting 100% of its carbon emissions through certified carbon credits.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b73c56 blog-image-caption elementor-widget elementor-widget-image\" data-id=\"5b73c56\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 07-02-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1020\" height=\"679\" src=\"https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-founder-1024x682.webp\" class=\"attachment-large size-large wp-image-9723\" alt=\"\" srcset=\"https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-founder-1024x682.webp 1024w, https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-founder-300x200.webp 300w, https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-founder-768x512.webp 768w, https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-founder-510x340.webp 510w, https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-founder.webp 1100w\" sizes=\"(max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">James &amp; Robbie Ferguson - Immutable X Founders<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d32216f blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"d32216f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Tokenomics<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0aa2c0f blog-image-caption elementor-widget elementor-widget-image\" data-id=\"0aa2c0f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"950\" height=\"498\" src=\"https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-tokenomics.webp\" class=\"attachment-large size-large wp-image-9724\" alt=\"\" srcset=\"https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-tokenomics.webp 950w, https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-tokenomics-300x157.webp 300w, https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-tokenomics-768x403.webp 768w, https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/imx-tokenomics-510x267.webp 510w\" sizes=\"(max-width: 950px) 100vw, 950px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\"><\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65270b8 blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"65270b8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">IMX is the native utility token of Immutable X. It has a total supply of 20 billion tokens, of which 10% were allocated to the public sale, 20% to the team and advisors, 20% to the ecosystem fund, 20% to the treasury, 10% to the foundation, and 20% to the staking rewards pool. The token distribution is designed to ensure long-term alignment of interests and incentives among the stakeholders of Immutable X.<\/span><a href=\"https:\/\/www.cryptolists.com\/coins\/imx\/\"><span style=\"font-weight: 400;\">4<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">IMX has several use cases within the Immutable X ecosystem, such as:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Paying transaction fees: Users can pay transaction fees on Immutable X with IMX, which are then burned to reduce the token supply and increase its scarcity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Staking: Users can stake IMX to secure the network and earn rewards from the staking pool. Stakers also have the power to vote on protocol upgrades and governance proposals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Governance: Users can participate in the governance of Immutable X by proposing and voting on changes to the protocol parameters, such as fee rates, staking requirements, and carbon offset policies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">IMX can be bought, stored, and traded on various platforms, such as Immutable X, Coinbase, Binance, Uniswap, and Metamask. IMX is compatible with any ERC-20 wallet and can be transferred between Ethereum and Immutable X seamlessly.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8744292 blog-image-caption elementor-widget elementor-widget-image\" data-id=\"8744292\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"630\" height=\"380\" src=\"https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/IMX_All_graph_coinmarketcap.jpg\" class=\"attachment-large size-large wp-image-9725\" alt=\"\" srcset=\"https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/IMX_All_graph_coinmarketcap.jpg 630w, https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/IMX_All_graph_coinmarketcap-300x181.jpg 300w, https:\/\/realacademy.io\/wp-content\/uploads\/2024\/01\/IMX_All_graph_coinmarketcap-510x308.jpg 510w\" sizes=\"(max-width: 630px) 100vw, 630px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">$IMX Price action since launch<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82658fd blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"82658fd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Features and Functionality<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3063aa blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"e3063aa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Immutable X has several core features and use cases that make it a unique and innovative layer-2 scaling solution for NFTs on Ethereum, such as:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Zero gas fees: Immutable X eliminates the need for users to pay gas fees for minting and trading NFTs on Ethereum, which can be prohibitively expensive and unpredictable. Instead, users only pay a small transaction fee in IMX, which is burned to reduce the token supply.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Massive scalability: Immutable X can process over 9,000 transactions per second (TPS), which is over 600 times more efficient than the Ethereum mainnet, which can only handle roughly 15 TPS. This enables users to create and distribute millions of NFTs for free and unlock truly scalable web3 games.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Instant trading: Immutable X allows users to trade NFTs instantly and securely, without waiting for block confirmations or risking front-running attacks. Users can also enjoy high liquidity and low slippage, as Immutable X supports batch auctions and limit orders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Ethereum security: Immutable X relies on STARK proofs, which are cryptographic proofs that verify the validity of transactions on Immutable X without requiring the full computation of the transactions. These proofs are submitted to the Ethereum mainnet, which acts as the ultimate source of truth and security for Immutable X. This means that users can trust that their NFTs are safe and secure on Immutable X, as they are backed by the security and decentralization of Ethereum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-EVM compatibility: Immutable X supports custom smart contracts, which enable developers to deploy any Ethereum smart contract on Immutable X with minimal changes. This allows developers to leverage the full potential of Ethereum\u2019s programmability and create advanced gameplay mechanics and tokenomic functionalities for their NFT projects.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0bd70f9 blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"0bd70f9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Risks and Challenges<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7723fc7 blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"7723fc7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Immutable X is not without its risks and challenges, which include the following:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Regulatory uncertainty: Immutable X operates in a highly dynamic and uncertain regulatory environment, as the legal status and treatment of NFTs and crypto assets vary across different jurisdictions and are subject to change. Immutable X may face regulatory scrutiny, compliance issues, or legal actions that could affect its operations, reputation, or viability.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Technical complexity: Immutable X relies on complex and novel technologies, such as zk-rollups and STARK proofs, which are still in their early stages of development and adoption. Immutable X may encounter technical difficulties, bugs, errors, or vulnerabilities that could compromise its functionality, security, or performance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Competitive pressure: Immutable X faces competition from other layer-2 scaling solutions, such as Polygon, Arbitrum, Optimism, and ZKSync, which also offer scalability, low cost, and security for NFTs and other crypto assets on Ethereum. Immutable X may lose its market share, user base, or network effect if it fails to maintain its competitive edge or differentiate itself from its rivals.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df2ac45 blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"df2ac45\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Conclusion<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f1bbf1 blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"9f1bbf1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Immutable X is a layer-2 scaling solution for NFTs on Ethereum that uses zk-rollups and STARK proofs. It aims to offer zero gas fees, massive scalability, and Ethereum security for NFT projects, without compromising user or asset security. Immutable X also supports custom smart contracts, enabling advanced gameplay mechanics and tokenomic functionalities for NFT projects. Immutable X has a strong team, a clear roadmap, and a growing ecosystem of partners and users. However, Immutable X also faces risks and challenges, such as regulatory uncertainty, technical complexity, and competitive pressure. Immutable X is a unique and innovative project that aims to solve the problems of scalability, cost, and security for NFTs on Ethereum.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f4d9c10 blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"f4d9c10\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Sources<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78ab398 blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"78ab398\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><a href=\"https:\/\/coinmarketcap.com\/currencies\/immutable-x\/\"><span style=\"font-weight: 400;\">https:\/\/vitalik.ca\/general\/2021\/01\/05\/rollup.html<\/span><\/a><a href=\"https:\/\/www.immutable.com\/products\/immutable-x\"><span style=\"font-weight: 400;\">\u00a0<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.immutable.com\/products\/immutable-x\"><span style=\"font-weight: 400;\">https:\/\/www.immutable.com\/about<\/span><\/a><a href=\"https:\/\/beincrypto.com\/learn\/immutable-x\/\"><span style=\"font-weight: 400;\">\u00a0<\/span><\/a><\/p>\n<p><a href=\"https:\/\/beincrypto.com\/learn\/immutable-x\/\"><span style=\"font-weight: 400;\">https:\/\/www.immutable.com\/blog<\/span><\/a><a href=\"https:\/\/www.cryptolists.com\/coins\/imx\/\"><span style=\"font-weight: 400;\">\u00a0<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.cryptolists.com\/coins\/imx\/\"><span style=\"font-weight: 400;\">https:\/\/www.immutable.com\/token<\/span><\/a><a href=\"https:\/\/www.blockchain-council.org\/dao\/what-is-immutable-x\/\"><span style=\"font-weight: 400;\">\u00a0<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.blockchain-council.org\/dao\/what-is-immutable-x\/\"><span style=\"font-weight: 400;\">https:\/\/www.immutable.com\/products\/immutable-x<\/span><\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Immutable X is a layer-2 scaling solution for NFTs on Ethereum that uses zk-rollups and STARK proofs. It enables users to mint and trade NFTs with zero gas fees, massive scalability, and Ethereum security. It also supports custom smart contracts, allowing developers to create advanced gameplay mechanics and tokenomic functionalities for their NFT projects. Immutable X is a unique and innovative project that aims to revolutionize the world of gaming and NFTs.<\/p>\n","protected":false},"author":1,"featured_media":9720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Immutable X ($IMX) - Real Crypto Academy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/realacademy.io\/index.php\/2024\/01\/15\/immutable-x-imx\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Immutable X ($IMX) - Real Crypto Academy\" \/>\n<meta property=\"og:description\" content=\"Immutable X is a layer-2 scaling solution for NFTs on Ethereum that uses zk-rollups and STARK proofs. It enables users to mint and trade NFTs with zero gas fees, massive scalability, and Ethereum security. It also supports custom smart contracts, allowing developers to create advanced gameplay mechanics and tokenomic functionalities for their NFT projects. 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