Yeah IMX... I'm not convinced. Two years ago this was the same story, only on Starkware. None of it's panned out. Is it going to be better now they're copy pasting it all over to Polygon's zk play?
We'll see.
As an IMX staker I've played around in their core offering, NFT marketplaces, and they very poor. Yes gas less transactions are great, and the thesis (check out their press from a year or so ago) about sub $1 NFTs is a good one. However, the results are underwhelming. The stores are near dead. Integrations have lapsed and, in the case of the much hyped GameStop deal, been quietly killed. The GameStop deal failure is really interesting. Looks like IMX have lost a bunch of tokens over that. GameStop completely dumped them, and there's been little info about why.
More worrying is the community side. I used be part of their Discord but it felt like their team (remembering this is company that raised 100s of millions in funding only a couple of years ago) check it once every couple of weeks. Not really a big loss as lots of support requests were going unanswered.
Yeah IMX... I'm not convinced. Two years ago this was the same story, only on Starkware. None of it's panned out. Is it going to be better now they're copy pasting it all over to Polygon's zk play?
We'll see.
As an IMX staker I've played around in their core offering, NFT marketplaces, and they very poor. Yes gas less transactions are great, and the thesis (check out their press from a year or so ago) about sub $1 NFTs is a good one. However, the results are underwhelming. The stores are near dead. Integrations have lapsed and, in the case of the much hyped GameStop deal, been quietly killed. The GameStop deal failure is really interesting. Looks like IMX have lost a bunch of tokens over that. GameStop completely dumped them, and there's been little info about why.
More worrying is the community side. I used be part of their Discord but it felt like their team (remembering this is company that raised 100s of millions in funding only a couple of years ago) check it once every couple of weeks. Not really a big loss as lots of support requests were going unanswered.
Now you can't even get into it.
In fact almost all their community stuff is currently comatose https://www.immutable.com/community/connect
You can't even get the support chat window on their website to open! https://support.immutable.com/en/
Not good. Red flags everywhere on this one for me. Huge red flags.