Immutable X to Launch END Endless Clouds Foundation TGE

Immutable has announced the launch of END token by Endless Clouds Foundation. Token claims opened on July 4, with swaps expected to begin around July 7, following a 48-hour notice. Rewards will be distributed to top players, holders, and stakers across the Immutable ecosystem.

Refer to the official tweet by IMX:

TGE is launching on Immutable!

With token rewards for top players, holders and stakers on the Immutable ecosystem.

Claims open July 4th and swaps are expected to open July 7th with ~48 hours notice.

IMX Info

Immutable X is the first layer two (L2) scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability and zero gas fees for minting and trading, all without compromising user or asset security.

Immutable X utilizes Zero-Knowledge Rollups technology to process transactions off the main Ethereum network, increasing throughput and reducing gas costs. This technology enables the creation, trading, and transaction of NFTs on a much larger scale than is possible on Layer 1 Ethereum.

The IMX token is the native ERC20 utility token of the Immutable X protocol, which users can earn by conducting pro-network activities such as trading, and which can be used to pay fees, perform governance or stake on the protocol.