Immutable X revealed on Thursday that it has launched the first prototype of its end-user reward system. The team added that for a limited period, trades on any supported marketplace can be eligible to get part of a $2M pool. Furthermore, this prototype release of user rewards will be under the supply schedule allocated and will be subject to an unlock period consistent with the whitepaper.
Immutable X is an L2 scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability, and zero gas fees for minting and trading with shared security with the Ethereum mainnet. IMX is up by 3% today and is trading at $0.967 at press time.