Is IMX in Ethereum?

I'm curious about the relationship between IMX and Ethereum. Could you clarify if IMX is indeed part of the Ethereum ecosystem? I've heard about its potential for decentralized gaming and NFTs, but I'm not entirely sure about its technological foundation. Is IMX built on Ethereum's blockchain? If so, how does it leverage the platform's capabilities? I'm eager to understand the technicalities behind this integration, as it seems to be a promising project in the crypto space. Could you please elaborate on this matter?