IMX is an ERC-20 token built on Ethereum. It is a native token of Immutable X Protocol
Immutable X is a Layer 2 of Ethereum. What is special about Immutable X is that it is built specifically to improve NFT transactions, offering higher speed and lower gas fee for users on the network.
Immutable X plays a vital role on many NFT projects on Ethereum, including blockchain games like Gods Unchained, Guild of Guardians, and Illuvium, as well as Opensea, the biggest NFT marketplace.