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Cryptocurrency News Articles

Immutable X to Release Immortal Statue NFT Collection on March 18th

Mar 09, 2025 at 07:39 am

This collection marks an entry point into the Immortal Rising 2 universe. This NFT collection is connected to the game's universe, providing an expansion of its core elements.

Immutable X to Release Immortal Statue NFT Collection on March 18th

Immutable X will be releasing the Immortal Statue NFT collection created by Immortal Rising 2 on March 18th.

This NFT collection serves as an entry point into the Immortal Rising 2 universe. It is developed by Immortal Rising 2 and connects to the game’s universe, expanding on its core elements.

What is Immutable X?

Immutable X is the first layer two (L2) scaling solution for NFTs on Ethereum, offering instant trading, massive scalability and zero gas fees for minting and trading, all without compromise to user or asset security.

It is powered by advanced StarkWare technology, which utilizes Zero-Knowledge Rollups to process transactions in batches off the main Ethereum network, enabling a throughput of 9,000+ transactions per second.

This compares to Layer 1 Ethereum’s throughput of 15 transactions per minute.

The L2 transactions are then bundled and verified on-chain with a single minimal gas cost, and can be used to create, trade and manage any NFT.

The IMX token is the native ERC20 utility token of the Immutable X protocol, which users can earn by engaging in pro-network activities, such as trading, and which can be used to pay fees, participate in governance or stake on the protocol. It is designed to be a key driver of the protocol’s long-term growth and success.

The post Immutable X to release Immortal Statue NFT collection appeared first on Token Post | Latest Web3, NFT, Metaverse, Crypto News.

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Other articles published on Apr 19, 2025