Immutable recently announced that it will be shutting down its Immutable X Marketplace starting August 13th, and the site will cease operations completely on September 27th.
Immutable Marketplace was initially launched to demonstrate the capabilities of the Immutable SDK, but has now shifted its focus to supporting third-party marketplaces rather than maintaining its own trading platform.
Following this announcement, users and developers are now receiving guidance on how to transition to alternative market solutions.
Source: immutableWhat is the Immutable X Market?
Immutable X Marketplace is a gas-free platform designed to facilitate the trading of NFTs and other digital assets using StarkEx’s layer 2 scaling solution on Ethereum.
The platform supports a variety of games and digital collectibles, and is popular for its environmentally friendly approach and partnerships with various gaming projects, including Gods Unchained, Guild of Guardians, Cross the Ages, and more.
The platform was originally built to showcase the capabilities available to developers through the Immutable SDK.
Source: immutableWhat should the user do?
Users of immutable markets do not need to take any special action on their assets.
All NFTs and tokens are stored on the blockchain, tied to the user’s wallet address, and can be deposited and withdrawn in different markets utilizing an immutable global order book. This order book ensures that listings remain consistent across platforms, meaning a user’s listings remain valid on other markets without any additional steps.
Users are also encouraged to explore several third-party alternatives for trading NFTs on the Immutable X chain, and some marketplaces are recommended, such as TokenTrove, AtomicHub, and Sphere.
In addition, other platforms such as Rarible, Mintable and NFTrade also support trading on Immutable X.
