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Immutable X chosen as NFTrade's L2 scaling solution – "There are few networks that have the potential to make such a drastic impact on Ethereum’s NFT market as Immutable X"

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by COINS NEWS 176 Views

The NFT marketplace, NFTrade, has chosen Immutable X to be its first Layer 2 scaling solution integration partner on Ethereum.

"There are few networks that have the potential to make such a drastic impact on Ethereum’s NFT market as Immutable X, and we are thrilled to partner with them to be the first layer two scaling solution implemented within the growing NFTrade platform."

Since Immutable X is built with StarkWare's bleeding-edge zk-rollup technology, users will have highly scalable NFTs of 9,000 TPS while not compromising their digital assets' safety since Immutable inherits Ethereum's battle-tested security.

NFTrade is one of the top five NFT marketplaces worldwide with around 20,000 daily active users, $75 million in secondary NFT trading volume, and over 50,000 active community supporters. Currently, it is live across multiple chains – BNB, Polygon, Avalanche, and Ethereum Layer 1

Robbie Ferguson, Co-Founder and President at Immutable:

We're excited to bring another key marketplace onboard Immutable's Open Orderbook working with NFTrade - bringing even more eyeballs to the NFTs on our Ethereum L2 protocol. We're thrilled to be integrating with NFTrade to extend Immutable's carbon-neutral, highly scalable NFT trading protocol to more traders."

submitted by /u/Hancgfv
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