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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageThe Block
August 3, 2022

Immutable X: Solving Liquidity for NFTs

Quick Take Immutable X is an NFT layer-2 scaling solution that aims to provide gasless transactions and solve the fragmented liquidity in the current NFT marketplace landscape. To address the liquidity issue, Immutable X has implemented a global order book, where liquidity is shared among the marketplaces on its platform. However, Immutable X has a 2% trading fee, whereas a third-party NFT marketplace would have to add taker or maker fees on top of it. To offer competitive trading fees on Immutable X, third-party marketplaces are likely to engage in a price war or would eventually internalize the take rate themselves.

Positive
cover-imageCrowdFundInsider
July 17, 2022

Mandala Commissions Immutable X to Power Carbon Neutral Metaverse

Mandala, which claims to be a “unique” Metaverse experience that promotes the intersection of technology, spirituality, sustainability and entertainment, is teaming up with Immutable X's Layer 2 scaling solution on Ethereum “to build a multi-platform interoperable metaverse, leveraging NFTs to combine gripping storytelling with immersive... Read More

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cover-imageInvezz
June 22, 2022

As GameFi continues to grow despite crypto winter, these are the best tokens to get

Axie Infinity AXS/USD, Gala GALA/USD, and Immutable X IMX/USD are some of the best GameFi tokens you can get on June 22. According to a study by CashNetUSA, Axie Infinity is the most popular NFT community in 112 countries. Gala Game's official Twitter page also announced the launch date for BetwixtNFT, a playable, immersive tale […] The post As GameFi continues to grow despite crypto winter, these are the best tokens to get appeared first on Invezz.

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cover-imageBitcoinist
June 3, 2022

Is Immutable X The Answer To Yuga Labs' Problems?

It has now been a couple of months since Yuga Labs' had essentially “broken” Etherscan due to the high demand generated by its Otherside mint. As such, there have been discussions on how such an entity could mitigate the type of problems that arose during its legendary mint.

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