Immutable X tokenomics

IMX is an ERC-20 utility token for the Immutable X protocol that is designed to drive the adoption of NFTs and help creators, players and developers reimagine value in a digital ecosystem.22 Tem 2021

Contract Address refers to the address where the contract is deployed on Ethereum , while Token ID refers to this specific NFT. We will use the ERC-721 token as an example.

Ethereum contract address is the address of the place where your Ethereum is preserved . It is a public key in a hexadecimal notion which will lead you to a block where Ethereum is stored. It is like an address to your current home location.