Counting Down to Imbue’s Private Token Sale ⏱🔔

Published in

ImbueNetwork

3 min readOct 12, 2022

As we get closer to our invite-only sale happening on 17th October — 30th October, here are a few things we’d like to remind you of:

⚔️ Our Pre-sale is open to Crowdloan Contributors, Loyal Community members (Imbue Heroes) and Project Initiators.

It is self-evident that we must prioritise & reward our most loyal Imbuers by giving them exclusive access in our first funding round. We halted offers from VC’s and external investors up until this point for this very purpose. We do however, empathise with Imbuers who were unable to contribute to the Crowdloan or who may have missed the window, so we’ve retained some whitelist spots for competitions to run on our social media pages in the coming weeks. Infact, let’s add a little one in this article, shall we?

*COMPETITION O’CLOCK #GetImbued

Write a 4-sentence poem about Imbue
For example:

The time has come to splash out $IMBU,
Amongst our crowdloan contributors (and heroes too!),
Bringing an age-old concept back & making it anew,
Accountability & unity is what web3 must pursue ⭐️!

Post your poem on our Discord Quest channel! We’ll pick 3 poems and the winners will recieve a whitelist spot each! The best poem wins 100 $IMBU 😍

🧿 Crowdloan Contributors receive the most favourable sale rates 🔐!

Your max sale cap and sale price are proportional to your KSM contributions on the crowdloan. The more you contributed to the crowdloan, the better your sale price and the more your max cap goes up.

For each 1 $KSM contributed, your max cap will increase. However, the price and vesting period will vary significantly based on your contribution.
We believe this is the safest way we protect our community while at the same time ensuring the sale remains attractive.

More details below

For whitelist winners and others who did not contribute to the Crowdloan, the rate is pegged at $0.002 per $IMBU, with a maximum cap of 75KSM.

Legal and KYC

All sale participants will be required to KYC through our integration with Fractal. The countries below are unfortunately excluded from the sale due to regulatory restrictions.

Where is the Sale taking place?

The sale will be held on Imbue itself. You’ll find a link on our homepage at Imbue

How can I get a whitelist spot?

Stay on your toes! Or screens 🖥🤓 — We’ll be giving away whitelist spots to engaged community members on all our social media channels including Twitter | Telegram | Discord |

Our Plan-of-Action: What next?

One of our prime objectives this past year has been to foster an attitude of self-reliance and resourcefulness devoid of institutional funding, allowing us to retain independence in the marketplace and see our vision realised in its entirety, delivering on the promises we set out when we founded the company. We’re the first and only chain on Kusama launching with no funding whatsoever, building a working MVP and completing a successful Testnet. These achievements accredit us with enough leverage & pulling power to protect our community and make our presence felt within institutional funding markets. To summarise, our next steps are as follows:

Launch vetted projects onto Imbue Dashboard
Revisit private investment proposals for our second funding round.
Launch Imbue Enterprise
Diversify funding options by expanding our currency portfolio
Complete UI Enhancements
Continue growing our community & onboarding high-value propositions

About Imbue Network

Imbue Network is a decentralized crowdfunding DAO built on the Polkadot blockchain platform. It is an idea incubator open to the entire world that allows anyone from any walk of life and any endeavour to submit and vote on ideas worth funding from the communities that believe in them the most.