Immutable announces the closure of the Immutable X Marketplace

x.com/Immutable” target=”_blank” rel=”noopener”>Immutable has recently announced the closure of its Immutable x Marketplace as of August 13th and the site will cease operations entirely on September 27th.

Immutable Marketplace was initially launched to demonstrate the capabilities of the Immutable SDK and is now shifting focus towards supporting third-party marketplaces rather than maintaining its own trading platform.

Following this announcement, users and developers are now being guided on how to transition to alternative marketplace solutions.

<img decoding="async" class="wp-image-74370 size-full lazyload" src="https://nftplazas.com/wp-content/uploads/2024/08/immutable-x-marketplace-closure.png” alt=”Immutable x Marketplace Closing” width=”800″ height=”448″ srcset=”https://nftplazas.com/wp-content/uploads/2024/08/immutable-x-marketplace-closure.png 800w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-x-marketplace-closure-300×168.png 300w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-x-marketplace-closure-768×430.png 768w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-x-marketplace-closure-370×207.png 370w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-x-marketplace-closure-760×426.png 760w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-x-marketplace-closure-270×152.png 270w” sizes=”(max-width: 800px) 100vw, 800px”/> Source: Immutable

What is Immutable x Marketplace?

Immutable x Marketplace is a gas-free platform designed to facilitate the trading of nfts and other digital assets, leveraging the StarkEx Layer 2 scaling solution on ethereum.

The platform supported various games and digital collectibles and gained popularity for its eco-friendly approach and partnership with several gaming projects including Gods Unchained, Guild of Guardians, Cross the Ages, and many more.

The platform was initially created as a showcase for the features that are available to developers through the Immutable SDK.

<img decoding="async" class="wp-image-74373 size-full lazyload" src="https://technicalterrence.com/wp-content/uploads/2024/08/Immutable-announces-the-closure-of-the-Immutable-X-Marketplace.png" alt="Immutable x Marketplace Closing: Featured Marketplaces” width=”800″ height=”448″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/08/Immutable-announces-the-closure-of-the-Immutable-X-Marketplace.png 800w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-featured-marketplaces-300×168.png 300w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-featured-marketplaces-768×430.png 768w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-featured-marketplaces-370×207.png 370w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-featured-marketplaces-760×426.png 760w, https://nftplazas.com/wp-content/uploads/2024/08/immutable-featured-marketplaces-270×152.png 270w” sizes=”(max-width: 800px) 100vw, 800px”/> Source: Immutable

What should users do?

Immutable Marketplace users will not need to take any special action regarding their assets.

All nfts and tokens are stored on the blockchain, linked to users’ wallet addresses, and accessible across different marketplaces using the immutable global order book. This order book ensures that listings remain consistent across multiple platforms, meaning that users’ listings will remain active on other marketplaces without any additional steps required.

Users are also encouraged to explore various third-party alternatives for trading nfts on the Immutable x chain, with suggested marketplaces including TokenTrove, AtomicHub, and Sphere.

Apart from these, other platforms such as Rarible, Mintable, and NFTrade also support trading on Immutable x.

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