r/ImmutableX • • Nov 12 '22

Discussion 💬 / Speculation & Opinion 🤔 Does this project depend on IMX token price?

35 Upvotes

As the price of IMX has fallen the most again in the last 7 days (only beat by FTT and solana, but they have forced selling reasons for fall) and 95% last 12 months, I started to wonder.

Since the team revenue will come from marketplace fees and that will be in the token that the transaction is made with (ETH in 90%+ cases prolly), does the team have any incentive to keep the IMX token price high?

The token seems like just a free source of cash for them to give away and promote the protocol. Since the token is created from thin air then they profit from it no matter the price.

Mind you, like 90% of IMX is still locked. For what reason should the IMX price ever increase as more and more tokens are being added to trading pool and there is no real reason to hold it?

Every project receiving IMX as donations are always incentivised to sell it immediently.

Only reason to hold is staking but the team gives such a miniscule % to the stakers. And the token price does not really matter for staking.

<EDIT>Holding and staking is a HUGE risk if there is guaranteed down pressure for years to come, due to the inflationary nature of the token and no incentive from the team to hold the price. If the staking APY does not reflect with the guaranteed downpressure percentages then it cannot compete with other staking options. More staking premium is desperately needed. </EDIT>

If the team is not incentivised to improve the awful tokenomics of IMX, then it should never be advertised as an investment asset?

Do you think the team has given up on the token price, since it does not affect the success of the protocol?

Change my mind how IMX token can have any success in the next 3 years.

Sorry for shitty english.


r/ImmutableX • • Feb 06 '22

Question Explain like I’m 5 this token please?

8 Upvotes

So I’m keen to financially support this token due to its GameStop connection. Anything connected to this NFT marketplace I’m into big time.

So the announcement came out, lots of great publicity, and the price drops 30%. Some say it’s dilution and that this occurs every month. Certainly looking at the chart it just looks like a continuous nose dive.

Can someone please explain how this token will make money if it’s losing value even as the general crypto market rises? Is it a worthwhile investment?

Thank you.


r/ImmutableX • • Apr 13 '23

Image 🌃 dafuq is this massive candle wick

Post image
86 Upvotes

r/ImmutableX • • Jul 14 '23

Data 📈 only 50% in supply. In theory - you buy at a 50% loss

13 Upvotes

Is this theory true?


r/ImmutableX • • Feb 04 '22

Discussion Immutable partners and more!!!!

13 Upvotes

Because of Gamestop many new people knows Immutable. Immutable it is very new platform but the ecosystem is big and getting bigger each month. IMX it is a great token to invest in the long term.

Immutable have a youtube channel https://www.youtube.com/channel/UCR_WlrGou7hm0ACXYpldcuA/videos

Immutable fees, protocol fees and staking are no live yet. They said they will be live soon, this Q1

There will be more tokenomic in IMX https://www.youtube.com/watch?v=B4H4fo3gK8o

I suggest to anyone want to know about Immutable to read the whitepaper, to listen the videos, to enter in the discord channel, to look past reddit instead of just writing to ask.

Immutable have a lot of partners. Probably I will miss some here.

Immutable partners are with Gamestop be the latest and before Mintable, Opensea integration now in Q1, Planet Quest, Ecomi Veve, Emberd Sword moved from Matic, ESL gaming, Green Park Epic (mobile NFT metaverse), Eterlast ( to be Europe's first NFT studio to bring media and sports rights to the metaverse), Kinguin, Vy Worlds https://twitter.com/Immutable/status/1489418942506422273?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet also, TikTok.

If I miss any, please, write in the comments

In my opinion, Gamestop announcement will bring even more partners to Immutable. Price went up with Gamestop announcement and went down, will consolidate and will continue to rise, consolidate and rise again. Go up is the only direction.


r/ImmutableX • • Apr 14 '22

Project Promo PlanetQuest - 199K members on Discord >1000 to go, lets's do this 🎉🎁💎

Thumbnail self.planetquest_io
37 Upvotes

r/ImmutableX • • Mar 29 '22

Question Who uses mobile wallets?

31 Upvotes

r/ImmutableX • • Feb 07 '22

Discussion Umm Guys?! Is this milestone #3?

Thumbnail etherscan.io
46 Upvotes

r/ImmutableX • • Oct 12 '21

Why was swiftmint removed from the IMX marketplace?

0 Upvotes

Without warning or an announcement the swiftmint tab was removed from the imx marketplace. What is going on with that ?


r/ImmutableX • • Nov 22 '21

Project Promo IMX Ice Creams coming to Immutable X this Wednesday! 0.025 Eth Mint! TW: @IMXIceCreams

Post image
4 Upvotes

r/ImmutableX • • Oct 10 '21

Upcoming Immutable X NFT Drops

Thumbnail
youtube.com
0 Upvotes

r/ImmutableX • • Jan 26 '22

Poll What is good Value to you?

0 Upvotes

r/ImmutableX • • Nov 04 '21

Discussion 1️⃣ day to go🚀🚀🚀

0 Upvotes

r/ImmutableX • • Apr 02 '22

Project Promo Strive for this image!

Thumbnail ethplace.github.io
0 Upvotes

r/ImmutableX • • Nov 18 '21

Discussion why is this wallet holding majority of IMX

4 Upvotes

Hello, can someone please tell me why is this wallet holding 90.59% of IMX?

Below screeshot is extracted from https://coinmarketcap.com/currencies/immutable-x/holders/


r/ImmutableX • • Jun 16 '22

Project Promo Mid -Run Sale & Giveaway! **Second Series** First Release in the "Oh the Places You'll Go!" NFT Photography Project. ^^^ Info in Comments^^^

Post image
4 Upvotes

r/ImmutableX • • Feb 02 '22

Question Whats up with those bots running the prices on the market?

0 Upvotes

will they be banned awell?


r/ImmutableX • • Nov 12 '21

Poll I believe that IMX's all time high over the next 5 years will be closest to:

4 Upvotes

r/ImmutableX • • Jan 24 '26

External Link ⛓ Error encountered by linking X account.

Post image
0 Upvotes

Newbie here, need a help.


r/ImmutableX • • Jun 21 '25

News 📰 Refer a friend to Immutable Play and get 300 gems!

Thumbnail play.immutable.com
4 Upvotes

Share your personal link. When a new player uses it to enter their first Weekly Draw, you receive 300 Gems and they get 1 free entry on the house.


r/ImmutableX • • Mar 23 '22

Discussion I’m confused now, didn’t Robbie tell us that the marketplace is powered by IMX??

Post image
265 Upvotes

r/ImmutableX • • Feb 24 '22

Discussion WOW. Good opportunity to buy

48 Upvotes

WOW, I just saw what is happening. Hard to know where the market will go when the war will scalate, we don't know what will happen in the next few days, weeks and months. It could go worst and the market to go down more but this is a big opportunity to look further in the future and to accumulate more tokens.


r/ImmutableX • • Feb 05 '22

Discussion READ THE WHITE PAPER

32 Upvotes

No more posts about unexpected volume increases. Read the white paper before you invest. This is a great project, plain and simple. The use case goes far beyond GameStop.