The native asset of the decentralized gaming platform Immutable X (IMX) has gone up by nearly 17% in the past 24 hours after its co-founder shared some encouraging news about a key feature.

Immutable (IMX) was one of the top gaming-oriented projects during the 2021 play-to-earn boom. The project combined an NFT marketplace and an L2 scaling solution for third-party game developers.

Supporting the same 4:2:2P@ML sampling as Betacam SX and the MXF video file interchange format, MPEG IMX was introduced in 2000 to take Betacam into the networked A/V post-production world.