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What is ImmutableX (IMX)?

ImmutableX (IMX) - The cryptocurrency focused on scalability thanks to its zk-rollups (zero-knowledge rollups) technology.

**Sitio Web** Explorador Documentación Técnica



Key metrics of ImmutableX (IMX)

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https://www.trubit.com/pro/crypto-spot-trading/IMX/USDT

https://www.trubit.com/pro/crypto-spot-trading/IMX/USDT

What is ImmutableX (IMX)?

ImmutableX is a cryptocurrency and blockchain platform that focuses on creating decentralized games and applications (dApps). It was developed by Immutable, an Australian blockchain technology company.

The Australian company Immutable was founded in 2018 with the goal of developing blockchain technologies for games. At the time, the company's founders saw that online gaming was becoming increasingly centralized and wanted to find a way to give players more control over their assets and data.

In 2019, Immutable launched its first product, the collectible card game Gods Unchained, which uses blockchain technology to allow players to own and trade their cards in a decentralized way. Gods Unchained quickly became one of the most popular blockchain games, with an active community of players and card collectors.

After the success of Gods Unchained, Immutable focused on developing its blockchain platform, which would become ImmutableX. The platform was launched in March 2021 and has since gained momentum, with more and more developers and dApps projects joining the network.

In August 2021, Immutable raised $60 million in a funding round led by BITKRAFT Ventures and King River Capital. The company has used the funds to accelerate the development of its platform and expand its team of engineers and developers.

ImmutableX Token (IMX): What makes it different and why invest in it?

What sets ImmutableX (IMX) apart from other blockchain platforms is its focus on scalability and speed. The platform uses a technology called zk-rollups (zero-knowledge rollups) that allows it to process large amounts of transactions at a much faster speed than other blockchains, such as Ethereum. In addition, zk-rollups allow transactions to be verified more efficiently and economically.

Another important feature of ImmutableX (IMX) is that it is designed to be interoperable with other blockchains. This means that developers can use ImmutableX to create dApps that interact with other blockchains, which increases the versatility of the platform.

The IMX cryptocurrency is the native currency of the ImmutableX platform. It is used as a means of payment for transactions on the network and can also be used to vote on governance decisions on the platform.

Thanks to the fact that it is a cryptocurrency that has become very famous within the market thanks to its maximum compatibility with NFT markets, since it is accepted in the ecosystems of third-party marketplaces and games, in addition to working in mining, trading and transfers thanks to the capabilities given by another of its technology: API REST.

<aside> 👉 For TruBit Pro, it is very important to be able to offer its users the widest list of trading pairs that suit the needs of each of them. It is for this reason that IMX/USDT arrives to our spot trading.

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