welcome to our channel and in this video i will teach you about immutable x
first please notice our disclaimer i am not a financial advisor and this video
is for informational and educational purposes only
all right now let's dive right in this video but before we started i want to say that all the links
you will need about immutable and immutable x will be down in the description so in this video
we were talking about immutable x and their game studio which are three separate entities under
the immutable company we will also talk about the marketplace their own token imx token and a
fund how you can actually gain money if you start developing unimutable alright so first let's check
out immutable immutable is the company behind immutable x and it's advancing the next generation
of web 3 games so the way they are doing that is through immutable x an industry-leading nft
minting and trading platform and immutable studios and nft game development studio
both of which we will talk about in a moment so immuno was founded in 2018 and they pioneered the
world's first blockbuster nft trading card game gods unchained a very big game within the nft
gaming sphere and with it innovated the world's first layer 2 rapid scaling solution on ethereum
immutable x to support the game's breakthrough popularity so now let's check out immutable x
the thing we have been talking about so immutable x is powering the next generation of web 3 games
and you can see that already almost 30 million nfts have been minted over six and a half million
nft trades and it's 100 carbon neutral so there's a lot of energy saved by using the immutable x
layer 2 technology on ethereum network so it's designed for games and to appeal to mainstream
gamers you can mint millions of nfts for free you can build in hours with api keys
and you can supercharge your distribution so apart from that we also said immutable x is great for
scaling on the ethereum network which on itself is a pretty pricey and difficult network to get into
but with immutable x it's amazing the technology can support games no matter how big they grow
you have ethereum great security because it's still linked to the ethereum blockchain
it's 100 carbon neutral which is a huge thing nowadays obviously because of their partnership
with starkware they can use that zero-knowledge roll-ups for increased scalability so this all
allows you to skill at speed with zero gas fees now the immutable game studio is their own game
studio where they actually develop and create new games for you to play at this moment they have
already created gods unchained and are busy with developing guilds of guardians gods on change you
can already play right now by clicking play now on their website and again all the links will be
down in the description and the launch for guild of guardians is going to be very exciting too
their team is also fully doxxed it's a great project so you can obviously expect that but you
can check out their whole executive team down here on their mutable.com game studio so now we're back
to the home page at immutable.com as we talked about it's one of the biggest nft marketplaces
and it's a great solution for nfts and web3 gaming so let's check out their own marketplace which you
can just access for your site and it will bring you to this where you can immediately see a lot
of well-known nfc projects such as book games but also god's unchained and land on alluvium another
huge blockchain based game so for example if you would like to purchase an nfc you should connect
your wallet first of all but then you can just press gods unchanged then you are in that market
and you can filter out everything you want and easily purchase nfts from immutable x's
own nfc marketplace now as we talked about earlier and something i think is very exciting they also
have their own token the imx token and that is launched on all of your major exchanges already so
imx which is the abbreviation of the token is the native utility token of the immutable x protocol
and there are three things you can do with that you need it for transaction fees you can stake
it to actually secure the immutable x protocol but also to gain some of those transaction fees and it
allows you to have some governance about immutable x so transaction fees basically means that 20
of all the protocol fees need to be paid in imax taking means that some of these fees paid are sent
to the staking reward pool so if you lock up your imx which we will get into how to do that you can
actually earn some of those transaction rewards and governance means that you can use your imax to
vote on the future of immutable x very exciting if you ask me so how exactly does staking work
very important if you want to get into that so staking on the mutable x works in 14 day cycles so
during each cycle protocol fees are collected and 20 of those fees are converted to imx and are made
available for distribution to eligible imx stakers as a form of reward so for example if you stake a
hundred and the total that is being staked is one thousand you get ten percent of that pool so there
are multiple ways to actually earn imx rewards so that you can earn the imax token yourself
three ways is that you can stake your tokens as we just talked about then you can earn some of those
transaction fee pool you can also earn more imax by trading at least one nft
every staking cycle and then at the end of the 14 day cycle your proportion of the imx rewards will
be attributed to your wallet so you can stake them trade your enfts to earn more and then
receive your imax rewards now here you can quickly see the distribution of the imax tokens something
i think is very important is that a portion of that 2 billion imax tokens a huge part goes to
the ecosystem development ensuring that people can actually use immutable x and develop things on it
and let's talk about that a little bit more if we press font on the top menu right here what
you can see is that immutable has a developer and venture fund where you can apply to and
this allows you to unlock a 500 million fund so you can receive the ultimate support and backing
to build a world-class game on the mutable x and using a mutable x so how it basically works is you
submit your application to immutable x which you can do up here for example it will be reviewed if
it's good enough to get some grand email out into the ventures and then if it's successful you can
gain access to investment opportunities via for example gamestop and you will receive grants you
will receive monetary support and enjoy exclusive resources from industry experts so again not only
does this fund exist but immutable x in itself is also already amazing it's fast and secure
you can build in hours not this what we just talked about and it's 100 carbon neutral and down
here you can already see that a lot of games such as hubble alluvium and as i said gods unchained
developed by their own immutable game studio a lot of great games have already started using
it so if you still have some questions about this which you obviously have if you actually want to
start using this you can check out the frequently asked questions down here on the immutable.com
font again all the links will be down in the description so you can also follow immutablex
and immutable the company on twitter under at immutable and in this way you can stay
up to date to all the updates around immutable such as the fund we just talked about but also nft
giveaways and way more so with that we've reached the end of the video we talked about immutable we
talked about immutable x and we talked about their gain studio but apart from that we also
checked out immutablex's own marketplace in a team marketplace and the imx token
and a 500 million venture and developer fund so for now i want more one to say that all the
links will be down in the description so if you found this video helpful please make sure to add
a like and add comments about questions i might have missed and subscribe to our channel bye