IMX is an ERC-20 utility token that powers the Immutable X and Immutable zkEVM protocols. It is designed to foster the growth of both ecosystems by incentivizing adoption, trading activity, and development. IMX rewards both users and developers who contribute to building a scalable and user-friendly NFT and gaming ecosystem on Ethereum.
Key Features of IMX:
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Utility Across Immutable X and zkEVM
IMX is the native token for both Immutable X (Layer 2 solution for NFTs) and Immutable zkEVM (Ethereum-compatible rollup for gaming and Web3 applications). It serves as the foundational currency for transactions, rewards, and governance. -
Incentivizing Ecosystem Growth
IMX accelerates the adoption of Immutable X and zkEVM by encouraging trading and rewarding users and developers. This creates a vibrant and sustainable ecosystem for NFT marketplaces, games, and decentralized applications. -
Total Supply
The total supply of IMX is capped at 2 billion tokens, ensuring scarcity and long-term value.
Use Cases for IMX:
- Transaction Fees: Pay for transactions on Immutable X and zkEVM.
- Staking Rewards: Stake IMX tokens to earn rewards immand support network security.
- Developer Grants: Receive IMX tokens to incentivize building on Immutable protocols.
- Governance: Participate in protocol decision-making by voting with IMX.
By integrating IMX across Immutable X and zkEVM, Immutable empowers users and developers to seamlessly interact with Ethereum-based ecosystems while enjoying the benefits of scalability, security, and low-cost transactions.