Introduction to ICOS
Initial Coin Offering(ICO) which is a means of raising funds from the public through the sales of cryptocurrency coins left many crypto-millionaires in its wake in 2017, Ian Balina being one of them with his legendary spreadsheet becoming a highly sought-after cryptocurrency investment guide.
As market conditions became less positive, with most cryptocurrencies losing over 90% of their market value, ICOs became a less profitable model for raising funds from the public, with many projects conducting ICOs failing to reach the minimum amount for project feasibility(soft capitalization).
Initial Exchange Offerings(IEOs)- A New Model bedeviled with an old problem
As ICOs became more unpopular within the cryptocurrency community, new projects sought to develop a working model that could help them raise funds successfully for project development or tokenization.
Leveraging the userbase of exchanges as the potential target population, IEOs became the next effective crowdfunding model with projects conducting their token sale on exchange launchpads. Initially very successful, IEO success quickly fizzled out as tokens started trading less than the IEO valuation shortly after listing.
THE MAJOR PROBLEM OF THESE MODELS: SUPPLY EXCEEDING DEMAND
When the supply of any good/service exceeds the demand for it, its value(price) is certain to be negatively affected. This also applies to cryptocurrencies.
Once a cryptocurrency is listed on an exchange, it is subject to market conditions. The cryptocurrency market is an open market with holders choosing how much they want to sell their cryptocurrency based on demand(bids) on the exchange. This often results in these cryptos being exchanged at prices that are significantly lower than the price during the ICO/IEO. What does this result in? Losses for everyone- especially investors!
Initial Model Offering(IMO)- Making Cryptocurrency Investing Profitable.
Initial Model Offering has been developed to make IEO investing an easy and profitable venture. IMO has numerous features which ensure that IMO remains a successful platform and model for investors. Some of the features of IMO include:
A Dedicated Exchange
It is important to note that for an exchange hosting an IEO, its potential target is largely the users of the exchange and those that will signup to join the exercise. In many cases, exchanges with low liquidity, few users, and inferior order processing engines are used by projects to reduce costs.
IMO features a dedicated exchange with high liquidity, efficient matching engine, top-notch security features, OTC trading, low withdrawal fees, user-friendliness and more! The IMO exchange has an optimized interface for easy navigation, with only 0.2% maker/taker fees.
Numerous cryptocurrencies are available on the IMO exchange and are available in BTC, ETH, USDT, and USDM pairs. Users can easily purchase cryptocurrencies using Alipay, Wechat, or bank cards. IMO supports various fiat currencies like CNY, USD, HKD, KRW, and EUR making it easy to seamlessly enter and exit the cryptocurrency markets.
Easy to use mobile application(wallet)
The IMO exchange also has a mobile application that is available to Android and iOs users. It is also available on Mac and Windows so users can access the IMO platform seamlessly and on-the-go, anytime they choose!
All digital assets and cryptocurrencies tradable on the IMO exchange can easily be stored in the native wallet of the IMO platform. These wallets can participate in the private investment of the IMO ecosystem. Visit the IMO website to create an account and download your wallet to get started!
Supply regulation mechanism: In order to prevent the underlying problem of projects entering into the cryptocurrency markets through an ICO/IEO, IMO has developed a model that limits the number of unlocked tokens to 10% with the remaining 90% being available for unlocking through invitation.
Conclusion
It is without a doubt that projects find it difficult to raise funds from the public for development and marketing, with the process lasting a considerable amount of time. IMO makes it easy for projects to easily raise funds within a short period through private funding. This private funding which is continuous takes place in stages to ensure transparency and accountability.
Become a part of the working model and the IMO community, visit the IMO website to get started!
You can also find useful information on the IMO by following the project on Twitter and joining the fast-growing IMO Telegram group for regular updates.
