400% APR, Categories, TikTok
After the symbolic dam-break of our $IMO token launch, it’s been all hands on deck, launching product updates, generating ideas in the community, and staging great events. Read on!
Top 3 this week
Great Founder Theory by Samo Burja — a theory of history driven by the founding of institutions, which shape social knowledge and power
Avalaunch — The first Avalanche-exclusive protocol for decentralized fundraising
@LvMouche, a very insightful Propheteer from our Discord
Ideamarket works to the extent its top-ranked listings get attention, so be sure to retweet this Top 3 announcement!
Product Updates
1. 400%+ APR for DAI deposits (2 more months!)
See this little green guy at the top of the homepage?
That’s the APR you get — paid in $IMO — for buying an Ideamarket listing, and locking those listing tokens at ideamarket.io/stake. If you spend ETH, it gets converted into DAI before being swapped for listing tokens. This particular reward program ends May 2, so time is short! (Need arb-ETH? buy with fiat at https://arbitrum.banxa.com)
2. Categories & Contests
We’re starting to add categories so that we can market-rank the internet’s information on a single topic! Last week we held a contest to submit URLs that earn the top spots in the #COVID info category, and awarded the winners — DAle and O-YEH — some $IMO. We’re excited to stage these contests frequently on a variety of topics (got topic ideas? let us know).
3. Ghost Market (just a reminder)
Initiate your friends into Ideamarket and the web3 world as a whole: "Ghost" listings are free to create and upvote. Users can list a URL that they feel is compelling, and then upvote it for free. That means you don’t need to spend any money to participate! Our Chief of Staff, Garrett Dailey, is the master craftsman behind the idea. It’s fascinating to lead with these projects that optimize common procedures from web2 as a gateway to web3.
News
$IMO token whitelisted on Sushi.com
We’re very excited to announce that the $IMO token has now been whitelisted on SushiSwap. Our token can now be easily searched for easy transactions.
Ideamarket’s Tiktok passes 1000 followers
Ideamarket’s TikTok account has been flying to the moon! After only a few weeks in operation, it’s accomplished creators, Spencer and Chris have rocketed our followers to over 1700! This is an amazing method for zooming in on vital tidbits from the Ideamarket podcast. Check out our TikTok here and follow us!
Ideamarket on Commonwealth.im
Commonwealth is an all-in-one platform for on-chain communities to discuss, vote, and fund projects together. Ideamarket is using the platform to field some of the tough questions — relying on community feedback to produce the most community-oriented solutions possible. Ideamarket community members can get involved in discussions such as which protocol we should use to generate interest on the DAI stored in listings and feedback on a potential upcoming feature - the ability to comment (reddit-style) on listings. Click here to check it out! You must hold $IMO (or $xIMO) to vote on or participate in Commonwealth proposals.
Community Highlights
Another week rolls by and our Discord community hasn’t taken a break. From great ideas, challenging suggestions, zany projects and intense discussions - it really is a hot place to be and it’s our pleasure to update you with some of the fresh happenings from this last week.
Lead Frontend Shmoji livestreams dev
Our mighty lead front-end developer, Shmoji, frequently livestreams his tinkering in the Ideamarket machine to our Discord followers. This creates a lovely, ‘we’re in this together’ effect, as Propheteers can look into the nitty gritty of how we build our protocol. You can check out his Twitch channel as he streams here.
Excellent Ideamarket articles on Mirror
Imagine our surprise when we came across two articles published on Mirror by a writer called Kaylie Cottonfree, expounding on Ideamarket’s premise in a number of fascinating ways. The first article, titled ‘The Ideamarket & Laissez-Faire Infonomics’, talks about how Ideamarket ‘achieves (the) marriage of the free market and truth so adeptly’.. Expounding on a free market’s ability to regulate actors over governments, which enact governance in systems that are inherently corrupt. The second article is titled, ‘ Ideamarket: Or how the news became an investment and freed us all’, and is a journey into the modern, drama-drenched world of biased ‘news’, from every direction, making us nostalgic for times when we weren’t “constantly exposed to the mess of post-apocalyptic foreplay that is disingenuously termed 'news'.” She concludes that Ideamarket’s premise of truth seeking is a welcome antidote. Check out these articles and a big thank you to the mysterious Kaylie Cottonfree!
Memes
This week comes with a medley of memes — here’s a premium selection by resident memelord Arwyn Hughes:
Events
THURSDAY 2/24: Fireside chat with Michael Garfield, host of Future Fossils and the Santa Fe Institute Complexity Podcast
WHEN: 11:00 pm PST // 2:00 pm EST // 7:00 pm GMT
WHERE:The Ideamarket Lounge
Event link: https://discord.com/events/708475042123612238/935603868849565716
That’s all for now! We’re looking forward to updating you next week. For now, adieu friends and have a lovely week.
Don’t forget to join our Discord at: https://discord.com/invite/zaXZXGE4Ke
Or reach out on Twitter: twitter.com/ideamarket_io