What is IMX?

Modified on Fri, 17 Feb 2023 at 12:51 AM

IMX is an ERC-20 token built on Ethereum. It is a native token of Immutable X Protocol 


Immutable X is a Layer 2 of Ethereum. What is special about Immutable X is that it is built specifically to improve NFT transactions, offering higher speed and lower gas fee for users on the network.


Immutable X plays a vital role on many NFT projects on Ethereum, including blockchain games like Gods Unchained, Guild of Guardians, and Illuvium, as well as Opensea, the biggest NFT marketplace.


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