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$IMO token
$IMO is Ideamarket's utility and governance token, launched on 2/2/2022. It stands for "in my opinion" because opinions are all we have.​
Official Info
- Buy on SushiSwap (Arbitrum): https://app.sushi.com/swap?inputCurrency=ETH&outputCurrency=0xB41bd4C99dA73510d9e081C5FADBE7A27Ac1F814 (input $IMO token address vs ETH: 0xB41bd4C99dA73510d9e081C5FADBE7A27Ac1F814)
- $IMO Token address: 0xB41bd4C99dA73510d9e081C5FADBE7A27Ac1F814
Utility
Stake IMO on users you trust to boost their ratings. The more IMO staked on a user, the more that user’s ratings affect the Composite Rating of every post they rate.
Soon we'll introduce Bounties, a way for users to crowdsource prizes for celebrity opinions. Bounties will be paid in $IMO, so that the people whose opinions the public values most will have a stake in the Ideamarket ecosystem.
Governance
Holders can use $IMO to create and provide feedback on proposals in our Commonwealth.im forum. We will gradually introduce more governance features into the Ideamarket ecosystem, beginning with Snapshot governance.
Initial distribution
- Early investors — 10%
- Team (present & future) — 18%
- Strategic partnerships — 10%
- Retroactive Airdrop — 5%
- Ecosystem & Treasury — 25%
- Community rewards — 32%
- Listing Token staking — 5%
- $IMO staking — 3%
- Sushiswap LP rewards — 5%
- Future rewards programs: 13%
- Community airdrops — 4%
- Verification rewards — 2%
85% of investor tokens are subject to a 2-year vesting schedule — a 1-year lockup, plus a 1-year linear unlock. The remaining 15% is unlocked immediately to provide liquidity on Sushiswap.
All $IMO allocated to Ideamarket team members are subject to a vesting schedule at least as long.
Last modified 8d ago
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