Learned by 1.1k usersPublished on 2024.03.29 Last updated on 2024.10.13
Tokens
Immutable is Ethereum’s first zero-knowledge rollup (zk-rollup) scaling protocol for gas-free NFT minting and trading, built in partnership with StarkWare. NFTs are only as valuable as the security and popularity of the blockchain they are built on. We built Immutable to leverage Ethereum’s security and network effects so that more people can access world-class NFTs.
Key Features:
The Immutable protocol can achieve high transaction throughputs (9,000+TPS) — speeds unparalleled on Ethereum. The protocol is non-custodial, meaning you’ll have full control of your assets, secured by the Ethereum blockchain.
Fluctuating and high gas prices have limited creators and buyers from developing and accessing the world’s best NFTs. Immutable is developed on top of StarkWare’s bleeding edge zk-rollup technology to allow you to instantly mint and trade NFTs with zero gas fees.
The Immutable makes Ethereum easy to use at a mainstream scale so that you don’t have to choose between user experience and the best underlying technology. Immutable’s APIs lower the barrier to entry for developers getting started on their blockchain journey, so you can build your project on Ethereum in hours and not weeks.
Token Distribution and Lock-in:
There will be 2,000,000,000 IMX tokens, provisionally allocated to the following areas:
Allocation | Allocation Rate | Token Release Schedule |
Ecosystem Development (e.g. User Rewards & Developer Grants) |
51.74% | 4 year unlock |
Project Development | 25% | 4 year unlock, 1 year cliff |
Token Sales | 19.26% | Mixed unlocks |
Foundation Reserve | 4% | Fully unlocked |
Project Timeline:
Team background:
Immutable is created by Immutable, an Australia-based company that consists of more than 100 team members with industry-leading backgrounds in blockchain, fintech and gaming. Immutable is responsible for launching the most successful blockchain Trading Card Game, Gods Unchained, which is headed up by Chris Clay, the former director of Magic the Gathering Arena. Immutable has announced integrations with established marketplaces such as OpenSea and Mintable, and is powering some of the largest NFT plays across DeFi (SuperFarm), Collectibles (ECOMI, Epics.GG, TikTok), and gaming (GreenPark Sports, Illuvium, MyCryptoHeroes+).
Related links:
Twitter - https://bit.ly/2Yetjaj
Discord - https://bit.ly/3kTZNzh
Immutable - https://bit.ly/3F4WugA
Telegram- https://bit.ly/3F3WjlF
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.
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