ImmutableX Announcing Watch To Earn (W2E) As Its Whale Holdings IMX Tokens Gains 58%

Recently, ImmutableX announced Watch to Earn W2E, the very first event that will take place during the post-game show between the LAClippers &Bucks.

B/R @W2E is now LIVE #onIMX!

B/R Watch to Earn the first of its kind online experience that rewards you for tuning into the @NBAonTNT. The very first event will take place during the post game show between the @LAClippers & @Bucks later today at 10PM ET / 7PM PT pic.twitter.com/TqdZrsZZCy

— Immutable ? – $IMX (@Immutable) February 2, 2023

According to ImmutableX, the firm officially partnered with NBATV & BleacherReport, W2E connects a live broadcast with digital engagement to build a community around the NBA & reward fans for tuning in. Clients will have the opportunity to scan a QR code that launches a trivia game to play while watching.

Right answers earn you B/R tokens which you can redeem for prizes from digital collectibles, exclusive B/R Swag, and more through a digital marketplace coming soon!

Beside that, Santiment reported whale accounts holding between 1 million and 100 million IMX tokens gained holdings by more than 58% since November 22, and this cohort has kept adding actively even at increasing price ranges.

As explained by Santiment, with the debut of Zk-EVM by Polygon last quarter, we are seeing more protocols use this technology in order to scale up transactions. A zero-knowledge proof is a method of establishing the truth of a proposition without exposing it. The ‘prover’ is the party attempting to prove a claim, whereas the verifier is in charge of confirming the claim.

State of Zero Knowledge 2022 Survey reveals over 40% of respondents find ZKPs will be highly important in the DeFi, Metaverse and Web3. We strongly believe this narrative will play an important role in mid 2023.

Additionally Santiment reported Ethereum (ETH) has just officially surpassed $1,700 for the first time since September 12th. Since the beginning of February, ETH has had the highest ratio of profit trades in two years. Traders appear to be sceptical that this upward trend will continue.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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