Question 1

What is IMX, and how does it relate to Immutable gaming products?

Accepted Answer

IMX is the native token of Immutable zkEVM. Here, “native” means that the asset is directly recognized and settled within this chain’s asset model, rather than merely being introduced as an external contract token; Immutable’s blockchain data documentation explicitly identifies IMX as the native token of its zkEVM chain. Immutable’s products target gaming use cases, covering chains, order books, checkout, asset contracts, and player-related tools. These are capabilities provided by the platform and chain; although IMX is associated with the chain as its native asset, holding IMX does not itself automatically grant every product function or service eligibility.

Question 2

Why does IMX sometimes appear alongside an ERC-20 interface?

Accepted Answer

In Immutable’s blockchain data service, IMX is consistently presented as a native asset. Even if an application or interface calls or reads it in an ERC-20 manner for compatibility purposes, records should still be understood as activity for the same native IMX asset when indexing and displaying IMX activity. This distinction mainly affects data interpretation: an interface standard can determine how an application calls token functions, while native-asset status determines how the chain and data service classify the asset. Therefore, the presence of ERC-20 fields or an interface alone should not lead to mistaking it for another independent token.

Question 3

How do I read an on-chain IMX amount?

Accepted Answer

IMX uses 18 decimal places. On-chain systems generally store amounts in the smallest unit, so 1 IMX equals 10 to the 18th power smallest units; long integers returned by an interface are often raw values that have not been converted according to the decimal places. When reading an amount, first confirm the raw integer, then divide by 10 to the 18th power to obtain the IMX amount normally displayed. For example, the raw value 1000000000000000000 corresponds to 1 IMX. This conversion only resolves the unit of measurement; it does not indicate balance availability, valuation, or trading price. 1 IMX = 10^18 smallest units

Question 4

Who issues IMX, and what is the 25% allocation described in the FAQ?

Accepted Answer

The official FAQ states that IMX is issued by an independent Token Foundation, rather than being received directly by individual members of the Immutable X team. This arrangement distinguishes the token-issuing entity from the personal holdings of project team members. The same FAQ also states that a specific 25% allocation held by Immutable is used to streamline operational arrangements for the protocol. This percentage describes the allocation discussed in the FAQ and should not be extended into a statement about total supply, current circulating supply, or all allocation categories.

Question 5

How are locked IMX tokens managed through the Time Lock Vault?

Accepted Answer

For the specific locked allocation described in the FAQ, tokens are not unlocked directly on Layer 1 and then transferred to Layer 2; according to the official explanation, they are held and distributed through a Time Lock Vault. This mechanism uses smart contracts to control when and how distribution occurs, avoiding the direct cross-layer operational complexity described in the FAQ. Before distribution, these locked tokens are held in cold storage. In practice, locking means the tokens have already been minted or placed under allocation management but have not yet entered the distribution phase through this mechanism; therefore, locked balances should not be conflated directly with immediately tradable circulating balances.

Question 6

Does holding IMX mean holding equity in Immutable?

Accepted Answer

Immutable’s official FAQ describes IMX as a token that is not classified as an investment or security asset. This positioning means holding IMX should not be understood as a claim to equity, dividends, or fixed income from the Immutable company. At the same time, IMX is associated with the Immutable chain and gaming product ecosystem; this does not mean that every platform revenue stream, product function, or partnership automatically becomes an entitlement for token holders. Use, holding, and specific platform eligibility should each be assessed under the applicable product rules.

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