NFT

This Layer 2 Solution Processed More NFT Trades in 24 Hours Than Ethereum Did in 1 Week


Robbie Ferguson, co-founder and president of Immutable, talks about how Immutable is transforming the NFT industry through its layer 2 solution, Immutable X, which just launched April 8. In this episode, he discusses: 

  • what sort of problems Immutable is solving by creating a layer 2 solution (1:21)
  • why scalability is especially an issue for NFTs in gaming (1:59)
  • how Immutable X, built with partner Starkware, addresses the problems with scaling NFTs (3:28)
  • how Immutable is scaling Ethereum and the definition of a layer 2 solution (5:46)
  • the Immutable business model and how the company makes money (6:40)
  • how validity proofs like ZK-rollups differ from fraud proofs like Optimistic rollups (7:52)
  • how Gods Unchained has performed since the April 8th launch of Immutable X (8:27)
  • why building on Ethereum is so important to Immutable (10:54)
  • why Immutable is obsessed with bringing liquidity to NFTs (14:54)
  • what sort of partners Immutable is looking to attract and how Immutable X is different from a traditional marketplace (18:00)
  • why Immutable decided to purchase carbon credits to offset the gas the protocol consumes on Ethereum (21:33)
  • what we might see from Gods Unchained, Immutable X, and NFT gaming in general by the end of this  year (23:32 )
  • weekly news recap (26:22)

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

InterPop: https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop 

NEAR: https://near.org 

Episode Links

Robbie Ferguson

https://www.linkedin.com/in/robbieferguson/?originalSubdomain=au

Immutable

Miscellaneous Links

https://unchainedpodcast.com/can-dydx-become-a-decentralized-bitmex-how-it-is-scaling-with-starkware/

Link to the Crypto News Recap:

https://unchainedpodcast.com/2600-eth/

The post This Layer 2 Solution Processed More NFT Trades in 24 Hours Than Ethereum Did in 1 Week appeared first on Unchained Podcast.





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