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What is Socket Protocol?
The Socket Protocol is recognized as the first Chain Abstraction Protocol, crafted with a flexible, extensible, and modular architecture that supports the creation of applications abstracted from specific chains. It leverages Modular Order Flow Auctions (MOFA) to allow developers to effortlessly connect with diverse applications, users, and assets spanning numerous blockchains. This groundbreaking methodology not only improves interoperability but also cultivates a dynamic ecosystem for developing decentralized solutions, ultimately paving the way for innovative projects that can thrive in a multi-chain landscape.
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Presenting a groundbreaking layer 2 solution for NFTs on Ethereum, this platform eliminates gas fees, guarantees instantaneous transactions, and enhances scalability for games, applications, and marketplaces while maintaining top-notch quality. The future of digital asset trading has arrived, ensuring that NFTs are traded within a transparent and decentralized environment backed by Ethereum's robust infrastructure. Users can enjoy gas-free peer-to-peer exchanges where they can define their own transaction fees, thereby removing custodial risks as they retain full control of their private keys. Notably, the platform excels in scalability, boasting the capability to manage over 9,000 transactions per second, and it stands out as a true layer 2 solution that leverages the security of layer 1. It accommodates both ERC-20 and ERC-721 tokens, making it compatible with a diverse array of digital assets. With Immutable X Mint, users can quickly generate and distribute assets at an unprecedented scale, allowing for the creation of ERC-721 and ERC-20 tokens without incurring any gas costs. Assets are instantly ready for trading, with security measures that are equivalent to Ethereum's mainnet. Additionally, we provide onboarding support, technical consultations for crucial integrations, and expert guidance on industry best practices to empower your team’s success. In this fast-paced digital environment, our mission is to equip you with the necessary tools and support for efficient NFT transactions, ensuring that you remain at the forefront of innovation. By leveraging this cutting-edge technology, your projects can thrive in an ever-evolving marketplace.
Integrations Supported
Ethereum
Aave
Arbitrum
L2BEAT
MUX
Optimism
Orbiter Finance
Polygon (Matic)
Integrations Supported
Ethereum
Aave
Arbitrum
L2BEAT
MUX
Optimism
Orbiter Finance
Polygon (Matic)
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Socket Protocol
Company Website
www.socket.tech/
Company Facts
Organization Name
Immutable
Date Founded
2018
Company Location
Australia
Company Website
www.immutable.com