Immutable X (IMX) Crypto Exchange
Instantly exchange Immutable X at the best IMX exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.
What Is IMX Crypto?
IMX is the official digital token that powers Immutable X, a blockchain platform that enables developers to build NFT projects. It is hosted on the Ethereum blockchain. You can use it to vote on important decisions concerning Immutable X, pay fees on the platform, or stake to support the platform's operations and earn rewards. IMX has a market value of over $800 million and a circulating supply of 2 billion tokens, according to CoinMarketCap.
History of Immutable X
Immutable X was founded in 2018 by three entrepreneurs; Alex Connolly and brothers James and Robbie Ferguson. They launched the platform to make it easy for developers to incorporate non-fungible tokens (NFTs) into their apps. It enables near-instant NFT transactions with very low gas fees, capable of handling up to 9,000 transactions per second. The native IMX coin of the platform debuted in September 2021 with an initial coin offering (ICO) that raised $13 million.
It has raised nearly $300 million in venture funding and was valued at $2.5 billion from its last funding round. The company is based in Sydney, Australia, and has over 200 employees working to scale its operations. Co-founder James Ferguson serves as its CEO.
History of Immutable X
Immutable X was founded in 2018 by three entrepreneurs; Alex Connolly and brothers James and Robbie Ferguson. They launched the platform to make it easy for developers to incorporate non-fungible tokens (NFTs) into their apps. It enables near-instant NFT transactions with very low gas fees, capable of handling up to 9,000 transactions per second. The native IMX coin of the platform debuted in September 2021 with an initial coin offering (ICO) that raised $13 million.
It has raised nearly $300 million in venture funding and was valued at $2.5 billion from its last funding round. The company is based in Sydney, Australia, and has over 200 employees working to scale its operations. Co-founder James Ferguson serves as its CEO.
