{"id":50279,"date":"2021-09-28T10:46:40","date_gmt":"2021-09-28T07:46:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50279"},"modified":"2025-09-02T17:14:27","modified_gmt":"2025-09-02T14:14:27","slug":"nft-startup-immutable-raises-12-5-million-in-under-an-hour","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nft-startup-immutable-raises-12-5-million-in-under-an-hour\/","title":{"rendered":"NFT startup Immutable raises $12.5 million in under an hour"},"content":{"rendered":"<p>Immutable has completed a token sale on the CoinList platform. It took the Australian startup less than an hour to raise $12.5 million to develop a second-layer scaling protocol.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The record-breaking <a href=\"https:\/\/twitter.com\/search?q=%24IMX&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$IMX<\/a> token sale on CoinList is complete! \ud83c\udf89<\/p>\n<p>\u2014 Over 720k unique registrations<br \/>\u2014 25K+ new token holders in the <a href=\"https:\/\/twitter.com\/Immutable?ref_src=twsrc%5Etfw\">@Immutable<\/a> X community <br \/>\u2014 Raised over $12.5 million in less than 1 hour<\/p>\n<p>A huge thank you to everyone for the incredible support &#038; participation\u2764\ufe0f <a href=\"https:\/\/t.co\/gtpIcMANAU\">pic.twitter.com\/gtpIcMANAU<\/a><\/p>\n<p>\u2014 Immutable (@Immutable) <a href=\"https:\/\/twitter.com\/Immutable\/status\/1442481019601309703?ref_src=twsrc%5Etfw\">September 27, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to representatives of Immutable X, the number of IMX token holders surpassed 25,000, and the number of registrations in the token sale reached 720,000.<\/p>\n<p>The native asset IMX is positioned as a \u201cStripe for NFTs,\u201d enabling gasless minting and trading of non-fungible tokens.<\/p>\n<p>Developers who were unable to purchase tokens due to high demand on CoinList were offered a bounty of 30,000 IMX for building services on Immutable X by the end of September.<\/p>\n<p>Representatives of the startup plan to integrate the protocol with major marketplaces such as Mintable and OpenSea.<\/p>\n<p>Earlier Immutable <a href=\"https:\/\/forklog.com\/en\/news\/nft-startup-immutable-raises-60-million-in-series-b-funding\">raised $60 million<\/a> following a Series B funding round.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 all the news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It took less than an hour for the Australian startup Immutable to raise $12.5 million for the development of a second-layer scaling protocol.<\/p>\n","protected":false},"author":1,"featured_media":50280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1854,1339,1213,1378],"class_list":["post-50279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinlist","tag-immutable","tag-nft","tag-token-sales"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=50279"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50279\/revisions"}],"predecessor-version":[{"id":50281,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50279\/revisions\/50281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/50280"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=50279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=50279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=50279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}