Cryptocurrency Q&A
How does immutable make money?
How does immutable make money?
GangnamGlitzGlamour
Mon May 20 2024
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6 answers
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I'm curious about how Immutable manages to generate revenue. Could you please elaborate on their business model? It seems like a fascinating concept, given the blockchain technology they're utilizing. I'd like to understand more about the mechanisms behind their earning potential, as well as any potential challenges they might face in this rapidly evolving field. Could you break it down for me in a way that's easy to understand, please?
6 answers
SakuraPetal
Wed May 22 2024
The Immutable X crypto protocol generates its primary revenue through fees charged to users.
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CryptoEmpire
Tue May 21 2024
This revenue model ensures the sustainability and continued development of the Immutable X crypto protocol.
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GangnamGlamour
Tue May 21 2024
While users enjoy the convenience of utilizing the platform without any gas fees, they are required to pay fees for exchanging assets.
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Martina
Tue May 21 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a diverse range of services. Its comprehensive offering includes spot trading, futures trading, and wallet services.
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Nicola
Tue May 21 2024
Specifically, Immutable X levies a 2% fee on primary asset sales, ensuring a steady stream of income for the protocol.
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