Fiat on-ramps, Upvotes, and a $250,000 tweet 🔥
CHECK THIS STUFF OUT 🔥
Product updates
Upvotes
Fiat on-ramps
Recent News
Community highlights
Memes
Market activity
$250,000 Vitalik tweet
Top 3 movers
This week’s events and guests
Product updates
Ideamarket’s developments have recently felt like a bundle of lit fireworks going off one by one in our pockets. Read on to find out about our recent past, our immediate future and all the lovely updates we’re excited to share with you!
1. Fiat on-ramps (non-US)
You can now buy Arb-ETH directly using credit or debit, instead of bridging. Soon we’ll integrate with Transak so you can do this without leaving the app. On-ramps for US customers should be available in a few months.
2. Ghost Market
This enigmatically named new project is an innovative way to 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. Into the fog, friends! They’re only ghosts!
3. Upvotes!
Upvote any listing, and sort listings by “most upvotes.” Upvoting ghost market listings is a free way to tell market participants what you think they should spend money on. What listing should everyone be looking at right now? UPVOTE it and get some eyes on it!
Recent News
$IMO token launch
$IMO is here and we couldn't be prouder of our team! It was battle stations last week in Discord as our devs put the finishing touches on a suite of upgrades to allow users to claim their community and Twitter verification airdrops — gifts to our community in celebration of the $IMO token release. Users who signed up in time (all deadlines have expired) and who still haven’t claimed can do so through the $IMO tab on our website. It’s hugely gratifying after so much hard work that this next step has been taken. We have a whole rack of rewards for users who either buy & lock listings, stake $IMO, or LP on Sushiswap. Find all rewards info here.
Coming soon: Blockchain of Opinions
This is going to be a flagship project and we can barely contain our excitement. The Blockchain of Opinions will allow users to rate listings on-chain on a scale of 1-100, and filter users based on the quality of their prior judgment. If “blockchain of opinions” is too nerdy for you, just call it “the rating system.” Read more about how the rating system fits into our vision here.
Community highlights
Discord HODLers group
In remarkable feats of battlefield surgery, during the huge influx of new community members in our Discord server these last two weeks, we’ve created unique members-only groups for $IMO holders. We’re delighted to reward dedicated members and we’d love to invite YOU into our Discord family too.
Outstanding member contributions
Our community has transformed into a burning hub of discussion from market activity to ideas about the vast spectrum of potential that Ideamarket forecasts for its future. Here are some choice ideas, articles and awesome tidbits presented by members of our community over the past week:
Our fearsome Meme Lord Arwyn K. Hughes published an excellent article on his Substack which delves into our $IMO token launch in deep but lighthearted detail. He talks about our airdrops, his listings on Ideamarket, and frightfully funny but useful tips and info on the possibilities of Ideamarket listings - Check it out here.
One of our new users, Psyence, organized an inventive competition in which s/he motivated and engaged other members to guess and forecast about the final market price of the $IMO token up to a certain time (with a reward in ETH for the winners). This kind of fun, cheeky energy is a delight to us. Congratulations to the winners!
Memes
We must never underestimate the power of memes. We’ve been bowled over from some of the memes created by our community members. It’s time to let the memes do the talking:
This week’s Memelord - Arwyn Hughes
Market Activity
User buys $250,000 of Vitalik Buterin’s “Endgame” Tweet
After a veritable storm of activity and attention last week around the release of the $IMO token, the joyful madness peaked with a $250,000 purchase of a Vitalik Buterin tweet. The tweet links to Vitalik’s Endgame blog post, which argues the necessity of making big, centralized blockchains as trustless and censorship-resistant as possible.
It would be false to claim that Ideamarket isn’t absolutely delighted by the investment, but the delight runs deeper than that. These are endorsements of the mechanics of the future of web 3, and Ideamarket’s vision of valuing information under the fair and neutral gaze of market forces.
Top 3 Movers
Zachary Dash is founder of BlockZero Labs, a web3 accelerator who’s partnered with Ideamarket to build traction.
Samo Burja is the founder of Bismarck Analysis, and often addresses Ideamarket-adjacent topics like public narratives and social epistemology. Glad to see him climbing the ranks so quickly!
At #3 is this Tweet thread by Eric Weinstein, Managing Director of Thiel Capital:
Each week we’ll share the top movers with our Newsletter audience!
Event Calendar
THIS WEEK
WEDNESDAY 02/16: High-risk, High-reward info session
Topical discussion based on weekly contest results (see #covid-contest). Submit your ideas for voting and a chance to win $IMO! Everyone with an open mind is welcome to participate.
WHEN: 9:00 AM PST // 12:00 PM EST
WHERE: The Ideamarket Lounge.
Event link: https://discord.gg/ZVGqkka93D?event=941017943934894080
THURSDAY 02/17: Fireside chat with Matt Alston, founder of Bonfire
Matt's the co-founder of Bonfire, a platform that enables web3 creators to host their community on their own branded platform, powered by their social token and NFTs. Before that he was a product manager at Uber working on Uber Rewards, where he led the program's gamification & personalization strategy.
https://www.trybonfire.xyz/
WHEN:1:00 am PST // 4:00 pm EST // 9:00 pm GMT
WHERE: The Ideamarket Lounge
Event signup link: https://discord.gg/gzhpFU9QcJ?event=942855102178406471
NEXT WEEK
TUESDAY 02/22: Fireside chat with Christopher Adam, founder of DREAMR
Chris is a serial entrepreneur with an unshakable belief in the limitless potential of the human spirit. He is the co-founder and CEO of Dreamr®, a technology platform with the mission of making the pursuit of our biggest dreams and aspirations more practical. Join our LIVE discussion and interview + ask him questions about the practical application of technology!
WHEN: 1:30 am PST // 4:30 pm EST // 9:30 pm GMT
WHERE: The Ideamarket Lounge
Event link: https://discord.com/events/708475042123612238/942883915453038592
THURSDAY 2/24: Community Feature with Michael Garfield, founder of Future Fossils
We're interviewing Michael Garfield - founder of Future Fossils Podcast (https://michaelgarfieldart.com/) - and how he is adding value to the community.
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
🥳🥳🥳 One last thing: It’s Ideamarket’s birthday! We launched on Ethereum mainnet exactly 1 year ago. 🥳🥳🥳
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