2024-01-30
Immutable is an Ethereum layer 2 scaling
solution that focus on NFTs and gaming.
It offers instant transaction
confirmation and near-zero transaction fees for minting and trading
NFTs.
Users can create and trade ERC-721 and
ERC-20 tokens at lower costs on Immutable layer 2 blockchain.
On Jan 30, 2024, Immutable
launches early access mode of Immutable zkEVM mainnet. Only selected game
studios will be able to deploy smart contracts.
The advantage of zkEVM is that it
offers smart contract compatibility, gas-free interaction for gamers with
Ethereum-backed security. Immutable zkEVM will be secured by validators of
MATIC tokens.
immutable.com/products/immutable-zkevm
Immutable is the company that developed
Immutable X powered by StarkWare and Immutable zkEVM that built from Polygon
CDK.
Immutable X does not support smart
contract capability. So, Immutable built Immutable zkEVM to support smart
contracts.
According to cryptoslam.io, Immutable
X ranks number 7 the most widely used blockchain for NFTs. Immutable is 33rd
largest crypto by market cap.