IMX Token Unlock: The Wait Gets Longer
The co-founder of Immutable, Robbie Ferguson, has extended the timeline for the unlocking of 125 million IMX tokens. With a current worth of $66 million, these tokens were scheduled for developers but will now see the light of day only in July 2024.
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The co-founder of Immutable, Robbie Ferguson, has extended the timeline for the unlocking of 125 million IMX tokens. With a current worth of $66 million, these tokens were scheduled for developers but will now see the light of day only in July 2024.
Rather than a one-time event, the unlock will take a phased, monthly approach.
Good times for IMX holders, maybe not so much for the short-sellers.
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