Immutable X to Host the Red One: Occultation Closed Beta Test on December 13th

Immutable X has announced that the “The Red One: Occultation” closed beta test will start on December 13th. Participants can compete on the CBT Leaderboard for USDC rewards totalling $10,000.IMX InfoImmutable X is the first layer two (L2) scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability and zero gas fees for minting and trading, all without compromising user or asset security. Immutable X utilizes Zero-Knowledge Rollups technology to process transactions off the main Ethereum network, increasing throughput and reducing gas costs. This technology enables the creation, trading, and transaction of NFTs on a much larger scale than is possible on Layer 1 Ethereum.The IMX token is the native ERC20 utility token of the Immutable X protocol, which users can earn by conducting pro-network activities such as trading, and which can be used to pay fees, perform governance or stake on the protocol.