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This Machinations diagram models the key systems governing the circulation and value of the IMX token, using information from the Immutable X whitepaper and other sources. Due to some information being unavailable, the model presents a theoretical use-case for simulating the long-term flow and distribution of IMX tokens. Note that where relevant information is unavailable, the model uses fictional numbers. These include the present share of tokens among different entities (investors, users, treasury, etc.), the rates of exchange of tokens between these entities, and some system-level variables that are not disclosed in the whitepaper.