Immutable X (IMX) Project Analysis

1. Research Comment

It is developed by a Gods Unchained-backed company (which is invested by Immutable, founded by Robbie Ferguson, as we currently know). The project makes many technical innovations, such as no gas fee, scalability, and high-performance.

2. Recent Flashpoint

Token’s first tge

3.Token Introduction

IMX is the most advanced and the first Ethereum layer 2 network  for NFT scalability solution.

4. Token Roles

Community governance

5. Token Allocation

There will be a total of 2,000,000,000 IMX created, and will be distributed in the following areas:

• 51.74% for ecosystem development, using for user rewards, developer grants, liquidity provider incentives and marketing activity bonuses;
• 25% for project development, using for supporting the development of Immutable X by immutablepty.ltd;
• 14.26% for private sales;
• 5% for public sales;
• 4% for foundation reserve, using for future measures that’s relevant to ecosystem development, mainly being measures to exchange, marketing, and others that are considered beneficial.  

6. Investment Institutions

coinbase, galaxy digital, nirvana capital, naspers, continue capital, nirvana capital

Immutable X (IMX) Basic Information

Token name: IMX

Project website: https://www.immutable.com/

Block query:

https://etherscan.io/token/0xf57e7e7c23978c3caec3c3548e3d615c346e79ff

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CoinW Research

November 6, 2021