IMO - The New Model of Raising Funds for Blockchain Project

PREAMBLE

A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, IMO, a reliable blockchain tool for trading digital assets in the crypto marketplace has arrived.

"Cryptocurrency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. Public and private keys are often used to transfer cryptocurrency between individuals.

As a counter-culture movement that is often connected to cypherpunks, cryptocurrency is essentially a fiat currency. This means users must reach a consensus about cryptocurrency's value and use it as an exchange medium. However, because it is not tied to a particular country, its value is not controlled by a central bank. With bitcoin, the leading functioning example of cryptocurrency, value is determined by market supply and demand, meaning that it behaves much like precious metals, like silver and gold.

Cryptocurrency transactions are anonymous, untraceable and have created a niche for illegal transactions, like drug trafficking. Because the currency has no central repository, law enforcement and payment processors have no jurisdiction over bitcoin accounts. For cryptocurrency supporters, this anonymity is a primary strength of this technology, despite the potential for illegal abuse, as it enables a shift in power from institutions to individuals."

With that being said, IMO is an ecological platform for the listing of high quality blockchain projects where they can raise the much needed funds for their projects development by getting funds periodically through continuous limited private placement.

Now that I have your attention, let’s get right to it.

What exactly is IMO?

As depicted above and as indicated on the official website of IMO, IMO is a reliable blockchain tool for trading digital assets in the crypto marketplace. IMO is an ecological platform for the listing of high quality blockchain projects where they can raise the much needed funds for their projects development by getting funds periodically through continuous limited private placement.

In the two former funding model which are ICO and IEO, it might take some projects a very long time before they could be able to raise their soft cap talk less of hard cap and in them, investors will have to wait till they reach their funding goal before they will be able to trade their already purchased tokens but this will be a thing of the past with IMO.

In the ecosystem, project will be able to continue to raise funds privately in a progressive manner. Projects will be getting funds from private investors at different stages and time, the platform will be using some mathematical approach to monitor and control the market.

The Advantages of IMO

In IMO ecosystem, developers of projects will be very serious in developing it and work according with their road maps in order not to lose their investors.

Investors will be able to constantly monitor the development of the project to know when to stop supporting it.

Also, listing of this projects tokens or coins will be very easy so far the platform has its own exchange and projects won't have to pay huge some of money before listing it like what's obtainable with ICO/IEO models.

The management of money by owners of projects is another pressing issue in the industry. Most projects owners always mismanaged funds since they are directly accountable to anyone and this often leads to the collapse of the project. This won't happen in IMO, in the platform the whole funds won't be collected at once, collection of funds will be periodically and with this mechanism in place, investors will be able to weigh the performance of a project and they will be able to decide individually either to continue their support for it or to pull out of it. IMO is simply the best funding model built with a mechanism to protect the interest of investors.

IMO is the revamped “IEO” that continues to be privately funded as the project progresses, which varies from 3 months, 6 months, 1 year, or even longer as the project continues to developed. In this way, exchanges and investors can continue to withdraw as the project progresses.

Phased batch investment greatly reduces the investment risk of investors. At constant time, the project party is inspired and supervised, so the project will develop healthily and ultimately come back investors. Therefore, every project has to be wonderful enough, and therefore the IMO Eco-Platform can strictly management and take bound guarantee measures.

The IMO Ecology consists of two(2) parts: The IMO wallet and The IMO exchange.

The IMO Wallet

This can be used for digital asset storage and IMO Private equity investment. That is the presale occurs in the IMO wallet App.

The IMO Exchange

This is a trading platform where you can exchange/trade your digital assets. All tokens/coins being sold in the IMO Wallet App are automatically listed in the IMO Exchange.

The IMO platform has launched their own native token, the token is available at the exchange.

The IMO Token is a utility token and it going to be used across the IMO Ecosystem. People can invest on a project through IMO model with IMO tokens and the project owners can as well accept the IMO token.

About The IMO Token

IMO platform has created their own utility token which powers the operation of the platform and it is already been traded on their exchange.

The token is an utility token on Ethereum platform and is going to be use for multiple cases within IMO ecosystem. Investors will be able to invest in projects on the platform with the token.

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

For more information, please visit:

Website: https://imoex.top/

Telegram: https://t.me/imoexchange

Twitter: https://twitter.com/eco_imo

Facebook: https://fb.me/imoexchange

App: https://walletapi.imoex.top/v1/common/install-file?type=a

Ann Telegram Thread: https://t.me/imo_announcement

Author: Cryptoholical

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.