Beautiful Virgin Islands

Monday, Oct 06, 2025

TikTok Partners With Immutable X To Launch NFTs: Lil Nas X Will be the First

TikTok Partners With Immutable X To Launch NFTs: Lil Nas X Will be the First

TikTok has partnered with Immutable X to bring its users NFTs, starting with Rapper Lil Nas X, whose NFT collection will launch later this month.

ByteDance’s social media platform TikTok has been steadily growing, despite US government’s claims of the app being a spyware (like Facebook and Google) and a whole host of other controversies. Their new partner, Immutable X, however, is a relatively unknown in the crypto world.

The Sydney-based start-up raised $82 million in a funding round last month, signaling significant investor interest in their vision and NFTs in general.

While non-fungibles continue to divide opinion, it’s becoming clearer that the arguments against them don’t discourage those in favor of NFTs.

Immutable X & NTFs

Immutable X would like to see NFTs traded in an open, decentralized ecosystem using the Ethereum blockchain as a base layer. Its layer 2 solution offers huge scalability at 9,000 TPS, no gas fees, and users can manage their own private keys.

“Experience zero gas fees, instant trades, and carbon neutral NFTs for marketplaces, games, and applications without compromise. Build your NFT business in hours with our APIs.”

Earlier in July, the company announced plans for its IMX token. Described as an ERC-20 utility token and Ethereum’s first zero-knowledge rollup protocol specifically for NFTs.

Zero-knowledge rollup is a scaling solution that works by “rolling up” hundreds of transfers off-chain and generating cryptographic proof of their validity posted on layer 1. Therefore reducing traffic on the mainchain.

As of now, no IMX tokens have been minted, with interested parties waiting on further news on when they’ll be released.

Immutable X’s co-founder Robbie Ferguson commented on the partnership with TikTok:

“To have one of the world’s leading social media platforms launching NFTs not only allows TikTok to support its artists and users in a defining way but also sends a strong signal for the growing mainstream adoption of NFTs.”

TikTok & NFTs

Tik Tok has named the new venture “TikTok Top Moments – own a moment that broke the internet.”

According to the social media giant, they are exploring NFTs as a “creator empowerment tool,” to foster creator and user interaction.

“TikTok is exploring the world of NFTs as a new creator empowerment tool. NFTs are a new way for creators to be recognized and rewarded for their content and for fans to own culturally-significant moments on TikTok.”

The collection will feature six TikTok videos from their most popular creators to offer one of one NFTs.

TikTok hit 1 billion monthly active users last month, representing a real coup as far as NFT exposure is concerned.

Source: TikTok Partners With Immutable X To Launch NFTs: Lil Nas X Will be the First – Fintechs.fi

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Munich Airport Reopens After Second Drone Shutdown
France Names New Government Amid Political Crisis
Trump Stands Firm in Shutdown Showdown and Declares War on Drug Cartels — Turning Crisis into Opportunity
Surge of U.S. Billionaires Transforms London’s Peninsula Apartments into Ultra-Luxury Stronghold
Pro Europe and Anti-War Babiš Poised to Return to Power After Czech Parliamentary Vote
Jeff Bezos Calls AI Surge a ‘Good’ Bubble, Urges Focus on Lasting Innovation
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
FBI Removes Agents Who Kneeled at 2020 Protest, Citing Breach of Professional Conduct
Trump Alleges ‘Triple Sabotage’ at United Nations After Escalator and Teleprompter Failures
Shock in France: 5 Years in Prison for Former President Nicolas Sarkozy
Tokyo’s Jimbōchō Named World’s Coolest Neighbourhood for 2025
European Officials Fear Trump May Shift Blame for Ukraine War onto EU
BNP Paribas Abandons Ban on 'Controversial Weapons' Financing Amid Europe’s Defence Push
Typhoon Ragasa Leaves Trail of Destruction Across East Asia Before Making Landfall in China
The Personality Rights Challenge in India’s AI Era
Big Banks Rebuild in Hong Kong as Deal Volume Surges
Italy Considers Freezing Retirement Age at 67 to Avert Scheduled Hike
Italian City to Impose Tax on Visiting Dogs Starting in 2026
Arnault Denounces Proposed Wealth Tax as Threat to French Economy
Study Finds No Safe Level of Alcohol for Dementia Risk
Denmark Investigates Drone Incursion, Does Not Rule Out Russian Involvement
Lilly CEO Warns UK Is ‘Worst Country in Europe’ for Drug Prices, Pulls Back Investment
Nigel Farage Emerges as Central Force in British Politics with Reform UK Surge
Disney Reinstates ‘Jimmy Kimmel Live!’ after Six-Day Suspension over Charlie Kirk Comments
U.S. Prosecutors Move to Break Up Google’s Advertising Monopoly
×