PRESENTATION
Different Innovations keep springing from Blockchain technology. Blockchain innovations have impacted the World positively. Different projects has been developed with the aids of this modern technology, all in the name of simplifying the livelihood of every mankind. Cryptocurrencies is not any more new things in today's world though there are needs for global adoption. Most innovative projects are been developed using Blockchain technology. Today,I will be discussing on IMO Platform which its full meaning is Initial Model Offering.It is simply a new innovative means of raising funds for different Blockchain projects with a brilliant concept that protects the investors and the Project. I believe my dear readers will find this project very interesting.
PROBLEMS
In the past, ICO took the World of cryrptocurrency by storm as it was the only means of raising funds for startup Blockchain projects but the entire system got messed up due to the role
of the fraudulent business organizers which are the bad actors in the industry. Besides, there was no Legislation or any concrete framework which guides the fundraising system.Most project was unable to deliver what they promised. After having raised a substantial amount of money, they end up scamming their investors of their hard-earned money. Some misappropriate the funds raised and ICO later turned to a complete fraudulent scheme which leads to some
investors getting discouraged and backing off in committing their funds on them. It wasn't long after the demise of ICO when IEO emerged. IEO which its full meaning is Initial Exchange Offering. It is a system of fund raising for the startup project just like the ICO but the main difference is that the process of funds raised is being handled and managed by a
Cryptocurrency Exchanges and after the conclusion of the fund raising campaign for the exchange list the project.The IEO system worked fine when it started but now the system is not as effective as before. It is fading away gradually. Some Cryptocurrency Exchange after raising
funds do away with the project funds, some misappropriate the funds which also lead to the demise of the IEO.
GOALS OF IMO
IMO goals are adopting the use of Initial Model Offering in the current Blockchain innovation and making use of some specific features which make it more beneficial over others. Some of these features that make it far better includes: the flexibility to structure, Highly efficient smart contracts, the consensus protocol, and better performance and many more. It is a platform developed to connect a bridge between both virtual and real world and allowing values interchange between them.
REVIEW (IMO) ECOSYSTEM AND SOLUTION OFFERED
(IMO) Ecosystem comprises Cryptocurrency Exchange and Digital Wallet which are designed to offer the users a high level of exchange and security service.The major ideal behind (IMO) ecosystems is to create a private funding ARENA for the new and Promising blockchain Project.IMO is simply an upgrade of IEO system.(IMO) system architecture has been designed to protect the investors and the Projects. The Team of (IMO) has explored deeply into both IEO and ICO ecosystem and have realized the loopholes in the fund raising system.As mentioned earlier, there are so many difficulties in getting funding for blockchain startups .
Virtually, almost all new projects face problems, lack of adequate marketing, and lack of unity among the project Team.All these problems are set to be corrected by (IMO) Platform, they
are ready to provide all project needed for their successful fund, development, marketing, and just name it !! Interested startup only need to apply by sending request to (IMO) management.
(IMO) team approves and manages high potential project which can turn to real success in the future.Investors will find this platform highly beneficial while the business startup will find it helpful as well. The funding system in IMO Ecosystem is quite unique compared to the existing IEO or ICO.The Exchange makes a decision by Choosing funding system with investors, they system of funding could be conducted periodically, i.e different times as the project progresses. Investors will be able to observe the progress of the project and take a decision whether to key into the system or opt out.
(IMO) Ecosystem comprises Cryptocurrency Exchange and Digital Wallet. (IMO) Exchange is high liquidity platform, OTC trading is available and highly secured Wallet and Trading environs.
(IMO) Wallet is available in both IOS and Android operating system.The wallet is very secured and reliable. Users can store their various crypto assets in the wallets.
IMO TOKEN: The ecosystem has its own token with a total of 5 billion token in circulation. It is the utility token which powers operation of the platform. It also serve as a fuel and a medium of exchange within the ecosystem. It can also be used to exchange tokens for a particular project within the platform. The functionality of IMO token is developed to achieve long-term value which is planned to be achieved through the tokenization of different businesses and industries.
Official Resources
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
Telegram : https://t.me/imo_announcement
Authors info
Email address: sodiyaafeez@gmail.com
Bitcointalk username :bitcoinsodahf
Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=2669618
IMO Wallet UID :73137