-
Bitcoin $82,985.9627
0.37% - Ethereum
$1,875.4589
-2.74% - Tether USDt
$0.9999
0.01% - XRP
$2.2302
0.27% - BNB
$575.9751
3.24% - Solana
$125.3156
-0.08% - USDC
$0.9998
-0.02% - Dogecoin
$0.1700
1.17% - Cardano
$0.7150
-3.25% - TRON
$0.2242
0.88% - Pi
$1.7174
1.54% - UNUS SED LEO
$9.6887
-2.14% - Chainlink
$13.1703
-0.68% - Hedera
$0.1954
-3.66% - Stellar
$0.2647
2.78% - Avalanche
$18.9386
6.02% - Shiba Inu
$0.0...01221
-0.30% - Sui
$2.2398
-1.65% - Toncoin
$2.7290
0.85% - Litecoin
$89.1618
-1.43% - Bitcoin Cash
$333.0829
-1.37% - MANTRA
$6.4487
2.16% - Polkadot
$3.9606
-2.00% - Ethena USDe
$0.9995
0.02% - Dai
$1.0000
0.00% - Bitget Token
$4.1647
-0.64% - Hyperliquid
$12.4609
-11.00% - Monero
$209.7886
1.12% - Uniswap
$5.8383
-3.66% - Aptos
$5.1261
-1.86%
What is IMX? Detailed introduction to the trading platform and total amount of IMX coins
IMX, an Ethereum layer-2 scaling solution, aims to solve NFT challenges like high gas fees, slow transactions, and limited scalability with its zero-knowledge rollups and user-friendly trading platform.
Oct 19, 2024 at 09:17 am
What is IMX?
- Origins and Purpose:
IMX (Immutable X) is a layer-2 scaling solution built specifically for non-fungible tokens (NFTs) on the Ethereum blockchain. It aims to address key challenges associated with NFTs, such as high gas fees, slow transaction times, and scalability issues. Trading Platform:
The IMX trading platform offers a user-friendly marketplace for buying, selling, and trading NFTs. It features:- Zero Gas Fees: Unlike traditional NFT marketplaces, IMX uses StarkEx zero-knowledge rollups to significantly reduce gas fees.
- Fast Transactions: Transactions are processed almost instantly, providing a seamless user experience.
- High Scalability: The platform can handle large volumes of transactions without compromising performance.
- Total Amount of IMX Coins:
As of March 20, 2023, the total supply of IMX coins is 2,000,000,000. Token Economics:
- IMX Token: The IMX token is the native cryptocurrency of the Immutable X platform.
- Transaction Fees: A portion of all transaction fees on the platform are burned, reducing the overall supply of IMX tokens.
- Staking Rewards: IMX token holders can stake their tokens to earn rewards.
- Governance: IMX token holders have the ability to vote on platform decisions and participate in governance.
Applications and Partnerships:
IMX has established partnerships with several major NFT projects, including:- Gods Unchained: A popular digital collectible card game.
- Axie Infinity: A play-to-earn NFT game.
- Decentraland: A virtual reality metaverse platform.
- Future Prospects:
IMX is positioned to play a significant role in the future growth of the NFT market. Its focus on scalability, low fees, and security could make it the preferred choice for NFT trading and development.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Bitcoin (BTC) price remains flat despite CPI falling below forecasts, expectations for a rate cut increase
- 2025-03-13 16:50:51
- DOGE Price Analysis: MACD and RSI Indicators Show Well-Defined Structure
- 2025-03-13 16:50:51
- The global financial market is being manipulated by one person.
- 2025-03-13 16:45:51
- DeriW Testnet Launch Sets New Standards in Decentralized Derivatives Trading
- 2025-03-13 16:45:51
- New souvenirs mark Singapore's 60th birthday
- 2025-03-13 16:45:51
- Ethereum (ETH) Price Prediction: Will ETH Price Reach $5000?
- 2025-03-13 16:45:51
Related knowledge
What are the main functions of ERC-20 tokens?
Mar 13,2025 at 12:21am
Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...
How are ERC-20 tokens created on the Ethereum blockchain?
Mar 13,2025 at 01:30pm
Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...
What is the ERC-20 standard?
Mar 12,2025 at 06:30pm
Key Points:The ERC-20 standard is a technical specification for creating tokens on the Ethereum blockchain.It defines a common set of rules and functions that all ERC-20 tokens must adhere to.This standardization facilitates interoperability and ease of use for developers and users.Understanding ERC-20 is crucial for anyone involved in Ethereum-based to...
Does SOL coin leverage trading support multi-currency collateral?
Mar 13,2025 at 03:00pm
Key Points:Solana (SOL) leverage trading platforms generally do not support multi-currency collateral directly.Most platforms restrict collateral to SOL itself for leveraged trading of SOL.Using a different cryptocurrency as collateral would require complex intermediary steps and likely higher fees.The lack of multi-currency collateral is a common limit...
Does SOL coin leverage trading support 24-hour trading?
Mar 13,2025 at 09:15am
Key Points:Solana (SOL) leverage trading is offered by numerous cryptocurrency exchanges, but 24/7 availability varies by platform.Most major exchanges offering SOL leverage trading provide near-24/7 access, though brief maintenance windows might occur.The specific trading hours are determined by the individual exchange, not by Solana's blockchain itsel...
Is there a limit on the holding time of SOL in leveraged trading?
Mar 12,2025 at 08:40am
Key Points:There's no inherent time limit on holding SOL in leveraged trading imposed by the cryptocurrency itself.Holding times are dictated by the leveraged trading platform's terms and conditions, and risk management strategies.Liquidity requirements, funding rates, and margin calls significantly influence how long one can realistically hold a levera...
What are the main functions of ERC-20 tokens?
Mar 13,2025 at 12:21am
Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...
How are ERC-20 tokens created on the Ethereum blockchain?
Mar 13,2025 at 01:30pm
Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...
What is the ERC-20 standard?
Mar 12,2025 at 06:30pm
Key Points:The ERC-20 standard is a technical specification for creating tokens on the Ethereum blockchain.It defines a common set of rules and functions that all ERC-20 tokens must adhere to.This standardization facilitates interoperability and ease of use for developers and users.Understanding ERC-20 is crucial for anyone involved in Ethereum-based to...
Does SOL coin leverage trading support multi-currency collateral?
Mar 13,2025 at 03:00pm
Key Points:Solana (SOL) leverage trading platforms generally do not support multi-currency collateral directly.Most platforms restrict collateral to SOL itself for leveraged trading of SOL.Using a different cryptocurrency as collateral would require complex intermediary steps and likely higher fees.The lack of multi-currency collateral is a common limit...
Does SOL coin leverage trading support 24-hour trading?
Mar 13,2025 at 09:15am
Key Points:Solana (SOL) leverage trading is offered by numerous cryptocurrency exchanges, but 24/7 availability varies by platform.Most major exchanges offering SOL leverage trading provide near-24/7 access, though brief maintenance windows might occur.The specific trading hours are determined by the individual exchange, not by Solana's blockchain itsel...
Is there a limit on the holding time of SOL in leveraged trading?
Mar 12,2025 at 08:40am
Key Points:There's no inherent time limit on holding SOL in leveraged trading imposed by the cryptocurrency itself.Holding times are dictated by the leveraged trading platform's terms and conditions, and risk management strategies.Liquidity requirements, funding rates, and margin calls significantly influence how long one can realistically hold a levera...
See all articles
