Unconfirmed: This Layer 2 Solution Processed More NFT Trades in 24 Hours Than Ethereum Did in 1 Week - Ep.231

Robbie Ferguson, co-founder and president of Immutable, talks about how Immutable is transforming the NFT industry through its layer 2 solution, Immutable X, which just launched April 8. In this episode, he discusses: 

• what sort of problems Immutable is solving by creating a layer 2 solution (1:21)
• why scalability is especially an issue for NFTs in gaming (1:59)
• how Immutable X, built with partner Starkware, addresses the problems with scaling NFTs (3:28)
• how Immutable is scaling Ethereum and the definition of a layer 2 solution (5:46)
• the Immutable business model and how the company makes money (6:40)
• how validity proofs like ZK-rollups differ from fraud proofs like Optimistic rollups (7:52)
• how Gods Unchained has performed since the April 8th launch of Immutable X (8:27)
• why building on Ethereum is so important to Immutable (10:54)
• why Immutable is obsessed with bringing liquidity to NFTs (14:54)
• what sort of partners Immutable is looking to attract and how Immutable X is different from a traditional marketplace (18:00)
• why Immutable decided to purchase carbon credits to offset the gas the protocol consumes on Ethereum (21:33)
• what we might see from Gods Unchained, Immutable X, and NFT gaming in general by the end of this  year (23:32 )
• weekly news recap (26:22)

 

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

InterPop: https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop 

NEAR: https://near.org 

 

Episode Links

 

Robbie Ferguson

https://www.linkedin.com/in/robbieferguson/?originalSubdomain=au

 

Immutable

• Twitter: 
• • https://twitter.com/Immutable?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor 
• Website for Immutable X
• • https://market.x.immutable.com/assets/0xacb3c6a43d15b907e8433077b6d38ae40936fe2c 
• Layer 2
• • https://www.theblockcrypto.com/linked/101092/ethereum-startup-immutable-aims-to-cut-nft-costs-with-new-layer-2-scaling-protocol
  • https://www.theblockcrypto.com/linked/100084/opensea-nft-layer-2-immutable-x
  • https://twitter.com/Immutable/status/1385263903450484741 
• Gods Unchained
• • https://www.coindesk.com/james-ferguson-on-decentralized-gamings-next-moves
  • https://decrypt.co/65828/immutable-x-ethereum-nft-gods-unchained
  • Previous Unconfirmed interview: https://unchainedpodcast.com/how-the-hong-kong-protests-gave-a-boost-to-gods-unchained/

 

Miscellaneous Links

• Hearthstone link
• • https://decrypt.co/48379/gods-unchained-review-and-beginners-guide 
• Carbon Credits
• • https://twitter.com/immutable/status/1377099577178779659?lang=en 
• StarkWare relationship
• • https://medium.com/starkware/starkware-immutable-8896aabab4e5
  • StarkWare’s recent Unchained appearance
  • • https://unchainedpodcast.com/can-dydx-become-a-decentralized-bitmex-how-it-is-scaling-with-starkware/ 

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/2600-eth/

 

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