Immutable is a layer 2 protocol for trading Ethereum NFT assets, providing users with instant transaction confirmation, great scalability (9,000 transactions per second), and zero gas charges without affecting user ownership.

The goal of Immutable is to make minting and trading NFT easier than trading traditional digital assets.

There has long been talk of congestion on ethereum reducing the user experience of NFT projects. In 2017, crypto cats caused congestion on the Ethereum network, which made NFT project owners realize that NFT needs a high-performance network. Dapper Labs, the developer behind Crypto, has developed Flow, a high-performance public chain, while Immutable, the developer behind Gods Unchained, has partnered with StarkWare to develop Immutable X, an NFT layer 2 solution that is a pioneer in the NFT layer 2 solution space.

Immutable uses ZK Rollup technology to make thousands of transactions down the chain, create valid proof of the transaction (the asset owner signed the transaction), publish the proof on the chain, and then validate it with smart contracts.

Overall, Immutable's ZK-Rollup extension engine, developed in collaboration with StarkWare, is at the heart of the project. Users can trade on L2 after "depositing" their assets by locking them into an on-chain smart contract. These transactions are grouped by "operators" and their validity will be demonstrated. Once the proof is posted to the chain, it is verified by a smart contract that updates the status on the chain. In addition, Immutable uses STARK proofs rather than the more common SNARK proofs, which the team believes are more secure even though the former proofs are more expensive to distribute on the chain. This is because SNARK proofs involve extremely complex cryptography and are prone to implementation errors.

1. Fee: 20% of the fee for each transaction under this Agreement will be payable (this includes all applications and marketplaces driven by this Agreement). If there is none, it will be purchased automatically using your ETH. 2. Pledge: All trades are sent to a pledge bonus pool. The pool will be allocated proportionally to the users who currently hold it -- the more they hold, the more revenue they get. 3. Governance: As an active member of the Immutable community, you have a vote on the development of the project.

Immutable X project tokens are IMX, with a total Token supply of 2 billion (1:100 Token dilution before going live). The specific distribution is as follows: 1. Ecological development -51.74% (for user reward and developer reward. Liquidity provision and marketing); 2. Project development -25% (for developing the Immutable X protocol); 3. Private presale -14.26% (release in 12 months after 30 months); 4. Open pre-sale -5% (on September 9, Cionlist, the first round of locking up for 6 months, the second round of locking up for 3 months); 5. Base reserve -4% (for ecosystem development-related agreements).

Volition model allows users to freely choose zero-knowledge proof mode: zkRollup or Validium. 2. Metadata Trading Metadata trading allows users to filter out the assets they want to buy based on their input characteristics. Immutable creates the first carbon neutral scaling solution for NFT on Ethereum to achieve carbon neutrality in NFT trading and casting.

1. Zk-rollup's expansion mechanism ensures Ethereum-level security while meeting the fast and low-cost casting, transfer, and transaction needs of mainstream NFT; 2. The API abstraction layer makes every interaction on Immutable as easy as transferring the API; 3. The NFT Wallet allows users to "link" to NFT directly from the middle layer while remaining on the Ethereum network without switching to another network; SDKS currently allows developers to easily access Immutable APIS and wallets, and will support a wide variety of programming languages and development platforms including Android, IOS, Unity and Unreal. 5. Shared liquidity and order books enable more trading platforms on Immutable; 6. Compliance support including copyright and AML/KYC makes it easier for big companies to enter the NFT space; 7. The default trading platform and trading history browser let users not worry about where there is no trading.

1. NFT projects on the Ethereum chain do not need to migrate Immutable X is built on the Ethereum chain and can directly interact with NFT projects on the Ethereum chain. Immutable focuses on NFT and has a first-mover advantage Among the mainstream tier 2 solutions, Immutable is unique in that it focuses on the NFT domain. This is closely related to the team behind Immutable.

At present, there is no lack of excellent side chain and extension schemes such as Polygon and Ronin in ethereum ecology, which solve some limitations on the main chain of Ethereum to varying degrees. So what's the advantage of Immutable? Side chains tend to have their own miners, their own consensus algorithms, and their own Bridges for transferring assets between main chains. Most of the current solutions more or less sacrifice asset security and decentralization to achieve the desired scalability. The cryptographic community has been debating the security and de-neutralization of the side chain because it is different from the consensus calculation of the main chain. ZK Rollup's technical support allows transactions on IMX to leave ethereum's main chain without crossing the bridge, allowing users to have the same security as the main network.

1. Risks of insufficient ecological development and promotion; 2. Competition with competitors.

In summary, Immutable is the NFT Layer2 solution for Ethereum. It provides a unique technical solution to solve various problems existing in the Main chain of Ethereum and helps users better participate in the NFT market. Although it is still in the early stage of the project, it has gradually developed and improved its own ecology. At the same time, with the participation and support of top investors, the future can be expected.