Immutable X - GameFi Gasoline

Key Insights

• Immutable X is a Layer-2 NFT platform known for its low transaction costs, with users paying zero gas fees.
• Immutable’s underlying technology, built by Starkware, leverages zero-knowledge (zk) rollups to power cheap transactions with fast finality.
• Leveraging this tech, Immutable has recently announced an expansion to allow developers to build their own Layer-2s (L2s) and Layer-3s (L3s) with enormous flexibility and provide the platform to facilitate liquidity across rollups.
• Because this new approach offers flexibility to developers and reduces friction for gamers, Immutable X should finally pave the way for the first wave of AAA blockchain-based games.

Immutable X is known by most of the crypto community as a marketplace for NFTs built on top of Ethereum. Read about another NFT marketplace? Especially in a bear market? Let me click the x button on the ol’ browser here.

But wait a minute. This isn’t just an OpenSea clone. Immutable X is more than just an NFT platform. It is going to provide the backend technology that will allow companies to build, trade, and manage NFTs cheaply across Layer-1 (L1) and Layer-2 (L2) ecosystems on Ethereum. Immutable is looking to change the game for NFTs and unlock a huge addressable market that's been tempting venture capitalists for this entire crypto bull run: GameFi.