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The $IMX token is the native utility and governance token of Immutable X, a leading Layer 2 scaling solution for Ethereum designed for fast and gas-free NFT transactions. Built for seamless integration with gaming, collectibles, and decentralized applications, Immutable X leverages zk-rollup technology to enhance scalability while maintaining Ethereum's security. The $IMX token is integral to the ecosystem, providing utility for transaction fees, rewards, and governance participation. Immutable X aims to accelerate mass adoption of Web3 by empowering developers and creators to build user-friendly applications with scalable and environmentally efficient blockchain solutions.
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