Rarible Integrates with Immutable X
Rarible integrates with Immutable X to enable users to get rewards when trading NFTs. Immutable X is a Layer-2 platform tailor-made to help NFT gaming on Ethereum!
Immutable’s mission is to bring digital ownership to the masses. They believe everyone has the right to own their assets fully and they’ve designed a vertically-integrated gaming platform to make it possible.
When you trade Immutable X NFTs on Rarible, you’re eligible for Trading Rewards – Immutable’s program that rewards traders with $IMX.
Rarible is the first marketplace on Immutable X to be featured in their Partner Spotlight as part of their Trading Rewards program.
Immutable has been rewarding traders with up to 100,000 $IMX daily, but now users on Rarible.com will receive double $IMX rewards for their trades. That’s right, all transactions on Rarible will count as 2x towards your Trading Rewards eligibility. This spotlight program will be live from midnight September 14 to 11:59 PM September 21 (UTC).
Here’s how you can earn $IMX:
- Connect your Ethereum wallet to Immutable X on Rarible (just switch the network when prompted)
- Buy or sell between $10 and $10,000 worth of volume in a collection with royalties on the Immutable X protocol.
- Receive your tokens directly in your wallet at the end of the week!
Those are the basics. There are a few more conditions to prevent wash trading and a transparent breakdown of how rewards are calculated on Immutable X’s trading rewards page.
Say Goodbye to Gas Fees
Immutable is a layer 2 blockchain on Ethereum’s layer 1. If that sounds a bit abstract, you can imagine layer 1 (Ethereum) like a highway and layer 2 (Immutable X) like a road in a town off the highway.
Immutable X specifically works with something called Zero-Knowledge Rollups. These make blockchain transactions more efficient by bunching them up into a bigger batch before submitting them to the blockchain. ZK rollups can process more transactions in less time, which makes them more efficient.
ABOUT Immutable X
Immutable is advancing the world of NFTs through Immutable X, an industry-leading NFT minting and trading platform, and Immutable Studios, an NFT game development studio.
ABOUT Rarible
Rarible is a community-owned NFT space that lets you easily create, collect, and discover NFTs from thousands of talented creatives. An app is a convenient tool for both creators & collectors, and a great user-friendly entry point into the world of NFTs.
