Sydney, April 8, 2021 (GLOBE NEWSWIRE) – Immutable X alpha launched today on the mainnet, the first tier 2 solution for Ethereum NFTs created by Immutable – the team behind one of Ethereum’s most lucrative card games, Gods Unchained. Concurrently with the launch, Immutable released the Immutable X roadmap for the digital economy.
Historically, for developers and creators, NFT projects have faced a lot of friction in order to uncover the network effects of large-scale markets and the economic potential of NFT secondary markets. In particular, high gas charges and poor user experience have limited mass adoption. The key to accessibility is removing the barrier associated with a sharp increase in gas charges for users.
With Immutable X, its tier 2 scaling solution, Immutable aims to drive the massive adoption of NFT by offering gas-free minting and retailing, self-storage, along with seamless UX for developers and consumers. Immutable X also ensures that any NFT protocol activity is completely carbon neutral by buying carbon credits to offset gas consumption on Ethereum.
“With today’s release of Immutable X Alpha, any NFT can now be traded, earned, shared, played and collected entirely without gas on Ethereum,” said Robbie Ferguson, co-founder of Immutable.
Notable NFT projects working with Immutable X include: OpenSea (NFT Marketplace), Mintable (NFT Marketplace), RTFKT Studios (NFT Fashion Artists) HighRise (Social Sandbox), TokenTrove (Collectibles Marketplace) SuperfarmDAO (DeFi NFT Farm) , Epics.GG (collectibles), Illuvium (automatic RPG), Lucid Sight (MLB Champions Baseball, Crypto Space Commander), War Riders (post-apocalyptic MMO), Gods Unchained (TCG), Guild of Guardians (mobile RPG), doublejump.Tokyo Inc / MCH + (My Crypto Heroes and other blockchain games) AND Crypto Assault (strategy MMO).
“Before Immutable X, developers had few alternatives. Move to a different blockchain that provides more scalability but is part of the Ethereum ecosystem and security, or use a sidechain. There are also no viable options for developers who want to prioritize revenue generation and self-service, ”added Ferguson.
As the first level 2 scaling solution for NFT in Ethereum, Immutable X addresses all three problems of the NFT scaling trilemma: availability, scalability without sacrificing user control, and true decentralization.
“We’ve also been able to work closely with the incredibly talented StarkWare team who have continually pushed the boundaries of evidence. StarkEx supports mining Immutable X on the Ethereum mainnet, ”said Alex Connolly, CTO at Immutable.
What to expect from immutable X?
Immutable X offers gas-free and instant deals: For any marketplace, game and decentralized application, Immutable X provides no gas trading (gasless minting, trading, earnings, collection), instant NFT trades (up to 9000+ transactions per second), providing scalability without compromising user data storage.
Immutable X provides an engaging, dynamic shopping UX for users: On a free playground, convenient for developers, developers have the opportunity to create more attractive features for their users that are not available for Ethereum today, for example, trading, crafting, free drops, unique rewards, mergers, voting, auctions.
Immutable X provides self-storage for NFTs: Users will continue to control their NFTs, tied to the security and interoperability of the Ethereum main blockchain, so NFTs will not be locked up in walled gardens or restrictive ecosystems.
“We believe users should be able to trade where they want to trade, including marketplaces like OpenSea or Mintable,” Ferguson added.
Immutable X is the real level 2 protected by Ethereum: Immutable does not compromise decentralization or security.
“The security of this future world should not belong to large corporations, venture capitalists, government, or one person. He has to live on something truly decentralized, owned by the world. This is why we chose Ethereum scaling over a centralized blockchain, ”Ferguson added.
The NFTs on Immutable X are carbon neutral: Any NFT, marketplace or Immutable X game is 100% carbon neutral.
Timed to launch Immutable has released the Immutable X roadmap.
Deus phase 1
- In Stage 1 of Deus, Gods Unchained players get exclusive access to Immutable X with an open market and live trading.
- Gods Unchained users can get to the first floor, ensuring that their Gods Unchained assets will be among the first to be minted on Immutable X using the new Trail of the Gods expansion card. At time of publication, 1.45 million assets Trial of the Gods have been minted on Immutable X.
- Today, the following features are available to Gods Unchained users: linking wallets, chasing and trading Trials of the Gods cards.
Space 2 phase
- In Phase 2, Cosmos Immutable X will be available to all other exchanges and Dapps shortly thereafter. Ferguson confirmed that “the integration with TokenTrove has begun and as we speak, we are integrating other partners.”
- Confirmed examples of features planned for Phase 2 include: API test environment before full integration, deposits + withdrawals via NFT, trader sorting + filters and setting trading fees.
Metaverse phase 3
- In Phase 3, Metaverse Immutable X will launch significant sharing, extensibility, optimization and scalability success.
- Confirmed examples of features outlined in Metverse Phase 3 include: Liquidity Incentives: Fiat Cash Support, Drops, Unique Rewards, Seamless Connectivity, Wallet Management, Mobile Devices.
Multiverse Phase 4
- In Phase 4, Multiverse Immutable X will launch incredible UX improvements for developers and traders.
- Confirmed examples of features planned for Phase 4 of Multiverse include: UX for Developers: Validation Platforms, Primitives, Services. Trader UX: Metadata Orders, AMM for NFT
Utopia Phase 5
- With Phase 5 of Utopia, insanely new verticals will be added, and Immutable X has taken a step forward towards a utopia where the world can be traded.
- This is the most mobile phase because it is the farthest and includes most of the shape-changing steps. “We are rapidly moving towards a fully digital economy. Here Immutable will post their vision of the physical assets at this stage. How will we handle titles like physical assets like real estate, unique resources like diamonds. Digital ownership through NFT is just the beginning, ”Ferguson added.
For more information visit the Immutable X Marketplace here
Immutable is an Australian based company and market leader in scaling blockchain marketplaces. Immutable is creating a more accessible trading ecosystem that empowers and rewards digitally savvy people. Their goal is to make the whole world tradable on Ethereum.
Through the Immutable X platform, the company brings transparency to the opaque world of the digital asset economy (NFT, non-fungible tokens) by giving sellers and buyers true digital property rights. Immutable creates a marketplace infrastructure that developers can use to add value to their users and embed the free market economy into their games.
Immutable X is the first level 2 scaling solution for NFT on Ethereum with instant trade confirmation, significant scalability (at least 9,000 trades per second), zero gas fees – all without compromising user storage.
Immutable is responsible for launching the most successful blockchain card game, Gods Unchained, led by Chris Clay, former director of Magic the Gathering Arena. Notable NFT projects working with Immutable X include: OpenSea (NFT Marketplace), Mintable (NFT Marketplace), RTFKT Studios (NFT Fashion Artists) HighRise (Social Sandbox), TokenTrove (Collectibles Marketplace) SuperfarmDAO (DeFi NFT Farm) , Epics.GG (collectibles)), Illuvium (automatic combat RPG), Lucid Sight (MLB Champions Baseball, Crypto Space Commander), War Riders (post-apocalyptic MMO), Gods Unchained (TCG), Guild of Guardians (mobile RPG ), doublejump.Tokyo Inc / MCH + (My Crypto Heroes and other blockchain games) and Crypto Assault (strategy MMO).
Immutable was founded in 2018 (Fuel Games). In September 2019, Immutable raised $ 15 million in a Series A round led by Naspers Ventures, part of Naspers, a global internet group and one of the world’s largest technology investors, and the Galaxy Digital EOS VC Fund, a $ 325 million ecosystem development fund. from blockchain-focused merchant bank Galaxy Digital. Apex Capital Partners also took part in the round.
To learn more about Immutable, visit: https://www.immutable.com/ Twitter @immutable
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