Immutable Confirmed Airdrop

Immutable is the premier layer two (L2) scaling solution for Ethereum-based non-fungible tokens (NFTs), offering instant trading, vast scalability, and no gas fees for minting or trading NFTs. It maintains high standards of security for users and assets. Developed using StarkWare’s advanced STARK prover and rollup technology, Immutable X stands out as a highly sophisticated NFT scaling solution. The platform’s native ERC20 utility token, IMX, is earned by users through activities that benefit the network, like trading. This token can also be used for paying fees, governance, or staking within the Immutable X ecosystem.

Investments in the project: $322M

Valuation: $2,5B

Step-by-Step Guide:

1. Login here
2. Claim gems everyday here

Costs: $0

A few words about project:

Immutable believes that NFT users and developers should not have to compromise between Ethereum’s security and network effects, and delivering a top-tier experience for their users. Immutable X provides a state-of-the-art protocol for NFTs, enabling projects to enhance their development on Ethereum’s Layer 2 with an excellent experience for both developers and users. This is made possible through several key features:

1. ZK-Rollup Scaling Engine: As Ethereum co-founder Vitalik Buterin has mentioned, rollups are likely to be the main scaling strategy for Ethereum in the foreseeable future. Immutable X leverages this technology, combining NFT-specific exchange and proof logic with StarkWare’s advanced rollup technology to create an unparalleled tool for trading NFTs. Rollups enhance scalability and user experience by batching a large number of transactions, creating a validity proof, and then submitting this proof to a Layer 1 smart contract. With Immutable X’s rollup technology, over 9,000 NFT transfers, trades, and mints can be processed per second, which greatly exceeds the demands of mainstream NFT projects.
2. API Abstraction Layer: To simplify the development of NFT applications, Immutable X encapsulates its scaling engine within a suite of robust REST APIs. On Immutable X, every operation from minting to trading to transferring is as straightforward as making an API call. This conversion of complex blockchain interactions, which can typically take minutes or hours, into immediate REST API calls significantly improves upon traditional blockchain development practices. This abstraction layer enables new entrants, including major gaming and content companies, to launch more effective projects more quickly.