Immutable X (IMX) is the first layer-2 protocol and scaling solution for NFTs on the Ethereum blockchain network.
Co-created with StarkWave, the open-source Immutable X enables developers to build their own decentralized applications and allows its users to make NFT transactions through the Immutable X Exchange marketplace with low or zero gas fees. Moreover, Immutable X has a transactions per second (TPS) capacity approximately 600 times greater than other marketplaces on the Ethereum network.
Immutable X technology is used by major partners like OpenSea, Illivium, ECOMI.
The native utility token of Immutable X, IMX, is an ERC-20 token and has been created to help grow the platform.

Immutable X enables faster, gas-free, and more secure transactions on the Ethereum blockchain. Immutable X can perform over 9,000 transactions per second.
Peer-to-peer transactions can be done with zero gas fees through Immutable X. An NFT artist can mint their artwork or artworks on Immutable X without paying any gas fee. Moreover, the protocol supports ERC-721 and ERC-1155 token standards.
It is possible to produce carbon-zero NFTs with Immutable X. Another advantage of the protocol is that it does not compete with other NFT marketplaces based on Ethereum. Instead, an NFT minted with Immutable X can be sold on major marketplaces like OpenSea and Mintable.
The protocol is also notable for providing high liquidity for NFT buyers and sellers. Additionally, Immutable X offers its users the choice between two zero-knowledge proof systems: Zero-Knowledge Rollups (ZK Rollups) and Validium.

As the first layer-2 protocol and scaling solution focusing on NFTs on the Ethereum blockchain, Immutable X is a technology co-developed by Immutable (formerly Fuel Games) with StarkWave.
NFTs are as applicable as the security and reputation of the blockchain network they are on. Also, as the first zero-knowledge rollup attached to the Ethereum blockchain, Immutable X technology offers a unique contribution to NFTs on the Ethereum blockchain in terms of security and speed.
Immutable X offers its users the choice between two different zero-knowledge proof systems. One is rollups; the other is the Validium zero-knowledge proof system.
Zero-Knowledge Rollups are a layer-2 security that bundles many transactions into a single operation, which is then analyzed as separate transactions by smart contracts. Zero-Knowledge Rollups reduce the storage volume and computation capacity required to verify blocks, thereby lowering transaction costs and times. In addition, Zero-Knowledge Rollups provide limitless scalability and instant transaction acceptance without compromising the security of the user's assets.
Zero-Knowledge Rollups keep data on-chain and give the user full control over their assets. Validium, while very similar to Zero-Knowledge Rollups, stores data off-chain. Validium requires minimal payment for on-chain data. Furthermore, since Validium does not store users' data on-chain, it promises more security.
All these features make Immutable X a less costly, more secure, and faster solution for transactions on the Ethereum blockchain.

Immutable X has its own NFT marketplace where transactions can be made with Ethereum (ETH), Gods Unchained (GODS), Immutable X (IMX), and USDC.
However, Immutable X also enables gas-free NFT minting on other marketplaces it collaborates with. OpenSea and Mintable are two of these marketplaces. Transacting there with Immutable X is quite easy. You only need to connect a Web-3 supported wallet to your Immutable X account, then log into these marketplaces with your account.

The IMX token is the native utility token of Immutable X. The ERC-20 token IMX can be easily bought and sold on cryptocurrency exchanges.
The IMX token was created to support NFT creators, developers, and professionals in growing Immutable X. IMX also accelerates the approval and verification of NFTs.
Essentially, the IMX token serves three purposes:

The maximum supply of IMX tokens is 2 billion.