IMX (Immutable X) is the native cryptocurrency of the Immutable X platform, a decentralized, layer 2 scaling solution for NFTs (non-fungible tokens) on Ethereum. Here are some key points about IMX coin:$IMX

1. _Immutable X platform_: Immutable X is a decentralized, layer 2 scaling solution for NFTs on Ethereum, enabling fast, secure, and gas-free transactions.

2. _Tokenomics_: IMX tokens are used for:

- Paying for transaction fees

- Participating in governance and voting

- Incentivizing developers and users

3. _Supply_: The total supply of IMX tokens is capped at 2 billion.

4. _Consensus algorithm_: Immutable X uses a proof-of-stake (PoS) consensus algorithm.

5. _Use cases_:

- Decentralized NFT marketplace

- Gas-free NFT transactions

- Decentralized gaming and metaverse applications

6. _Availability_: IMX tokens are listed on various cryptocurrency exchanges, including Binance, Huobi, and Uniswap.

7. _Partnerships_: Immutable X has partnerships with other blockchain projects, gaming companies, and organizations, expanding its ecosystem and use cases.

IMX is a key component of the Immutable X platform, enabling fast, secure, and gas-free NFT transactions.

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