Immutable X (IMX) is a layer-two scaling solution designed for non-fungible tokens (NFTs) on the Ethereum blockchain. It addresses issues like slow transaction speed and high fees on Ethereum by utilizing advanced technology, such as STARK zk-rollups. This allows for instant and cost-free trading of NFTs, providing a smoother experience for users. Additionally, IMX, the native token of Immutable X, plays a central role in the ecosystem, offering various functionalities like staking, voting, and facilitating transactions within the platform. Immutable X aims to enhance the efficiency and accessibility of NFT transactions on the Ethereum network.
Immutable (IMX) History
Founded in 2018, Immutable X emerged from the success of Etherbots, their blockchain game, revealing Ethereum's limitations for NFT gaming. By leveraging Ethereum and StarkWare's tech, it introduced instant trades and eliminated gas fees. Milestones include a $15 million Series A in 2019, beta mainnet launch in 2020, and major partnerships in 2021. A notable $200 million Series C in 2022 led to IMX token and marketplace introduction. In 2023, Immutable X secured a $280 million Series D, partnered with GameStop, and launched the Immutable Grants program for Web3 game developers.
Currently, Immutable is not a supported payment method on Alternative Airlines. Nevertheless, you can securely use other alternative cryptocurrencies to complete your flight transactions on our platform, including options such as Harmony, Fantom, Ripple, Neo, Nano and more.