by The Immutable Group
Quick Fact
Immutable was the marketplace of choice for GameStop's NFT marketplace.
Immutable's Orderbook is a global orderbook that can be used to list and exchange digital assets across the Immutable ecosystem at scale. This can be used to create listings, fulfill orders, buy assets, cancel orders, and get order and listing data.
The Orderbook API has built-in mechanisms for royalty configuration. An NFT collection's owner can set the royalty fee based on the ERC2981 NFT Royalty Standard. In the Immutable ecosystem, participants such as marketplaces can set fees for their services, determined at the time of listing creation and fulfillment and enforced by the order book. Makers who add liquidity by placing orders that do not execute immediately typically incur lower fees or receive discounts, while takers who immediately match with existing orders and remove liquidity are charged higher fees.