$IMX Immutable X (IMX) is the first Layer 2 scaling solution for NFTs on the Ethereum blockchain. In essence, this project was created to solve the problems of high costs and slow speeds on Ethereum without compromising security.
Here are its main advantages briefly:
1. Zero Gas Fees (Free Transaction Costs)
One of the biggest barriers to NFTs on Ethereum is the high "gas" fees. On Immutable X, users can mint and trade NFTs with zero transaction costs.
2. Instant Transactions & High Scalability
Immutable X uses a technology called ZK-Rollup. This technology enables the network to process over 9,000 transactions per second (TPS), far surpassing Ethereum's approximately 15 TPS.
3. Ethereum-Level Security
Unlike sidechains (such as Polygon) that have their own security, Immutable X still relies on the security of the main Ethereum network. If the Immutable X network encounters issues, your assets remain safe because the data is recorded on Ethereum's extremely robust security system.
4. Environmentally Friendly (Carbon Neutral)
The process of minting NFTs is often criticized for being energy-intensive. Immutable X claims that every NFT transaction on their platform is carbon neutral, making it the top choice for projects concerned about environmental issues.
5. Strong Gaming Ecosystem
IMX focuses on the Web3 gaming industry. Many major games such as Gods Unchained, Guild of Guardians, and Illuvium use this technology so players can quickly and affordably trade in-game items.
Conclusion: Immutable X offers a fast and free Ethereum experience, yet remains highly secure.
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