$IMO Launch Prep (important)
Hey Propheteers!
In preparation for the $IMO launch on 2/2:
How to claim the retroactive airdrop (from being an early user)
How to claim a community airdrop (the one on Typeform)
How to earn a Verification airdrop (if you have 2000+ Twitter followers)
Get even more $IMO with rewards (locking listing tokens, staking $IMO, LPing IMO-ETH)
Earn interest by listing URLs (announcement, check this out)
Hype fuel
$IMO launches tomorrow at 9am PT / 12pm ET via the IMO-ETH pair on SushiSwap on Arbitrum.
1. How to claim the retroactive airdrop
If you transacted on Ideamarket before January 17, 2022, you may be eligible for a retroactive airdrop. Here’s how the claim process will work on 2/2:
Go to ideamarket.io on a web browser (not mobile)
Click “$IMO” in the header dropdown (will go live on 2/2)
Click “Claim” and follow the steps
Last day to claim is May 2 (in 3 months).
2. How to claim the community airdrop
We partnered to do exclusive airdrops of 1000 $IMO per person with communities we love:
Complexity & Crypto (Michael Garfield)
and of course
If you signed up for a community airdrop via our Typeform (and if you made the cut — Mask and Arbitrum frens blew up the form!), here’s how the claim process will work on 2/2:
Go to ideamarket.io on a web browser (not mobile)
Click “$IMO” in the header dropdown (will go live on 2/2)
Click “Claim community airdrop” and follow the steps
(If you filled out multiple forms, you’ll still only get 1000 $IMO.)
Last day to claim is May 2 (in 3 months).
3. The verification airdrop
If you have over 2,000 Twitter followers, you can earn a Verification airdrop. Rewards are proportionate to audience size. (Note: we reserve the right to cancel your airdrop if we suspect a lot of your followers are fake)
Here’s how to Verify your twitter account and earn the airdrop:
1. List your Twitter account on-chain on Ideamarket. This costs gas fees in Arbitrum-ETH.
2. Then, click the “Verify ownership” button on your Twitter account’s listing page. You’ll be prompted to send a Tweet to verify. Leave that tweet up for at least 24 hours, and you’ll be able to claim the Verification Airdrop on February 9 via the $IMO dropdown on Ideamarket.io's header menu bar.
4. Get more $IMO
Get rewarded for using Ideamarket and hodling $IMO! We’re offering 3 rewards programs:
Buy & lock listings — We’re awarding 5 million $IMO over the next 3 months to users who buy listing tokens on ideamarket.io, and lock them for 1 or 3 months.
Stake $IMO — We’re awarding 3 million $IMO over the next 6 months to users who stake $IMO instead of selling it.
LP on SushiSwap — We’re awarding 5 million $IMO over the next 12 months to users who provide liquidity for the ETH-IMO pair on SushiSwap.
Find these opportunities under the “$IMO” tab on ideamarket.io starting on 2/2.
5. Submit URLs to earn interest
You’re probably familiar with the 2 main ways to make money on Ideamarket:
The first is to use your unique insight to find undervalued information on the URL market, or an undervalued voice on the User market to "buy low, sell high."
The second is to become a high-ranked User. All the money people spend to back your account on the User market, will soon earn interest on a decentralized lending protocol. That interest all gets paid to you.
Today we’re announcing a third:
The third is to list a URL that attracts a high volume of deposits over time. The wallet that submits a URL to the URL market on-chain is entitled to claim the interest generated by deposits.
Since the interest mechanisms aren’t live yet, the payouts won’t begin immediately, but any URL you list on-chain, you will be eligible to claim interest for once interest mechanisms go live.
Imagine:
Obscure geniuses will work with VCs to make bulletproof cases for serious breakthroughs, host them on IPFS, list the links on Ideamarket, and get $20 million behind them.
The VCs earn 5-15% APR on that $20 million, change the world, and bring that genius out of obscurity — as well as the ability to sell for capital gains once their knowledge becomes common knowledge.
For best results, they’ll list information with long-term relevance and importance, selling their initial stake gradually, so the market doesn’t plummet and stop accruing interest forever.
As Vinay Gupta put it: “Hedge funds for hypotheses.”
The intellectual gold rush begins tomorrow on https://ideamarket.io.
Make a list of URLs you want to list, and set an alarm!
6. Hype fuel:
See you tomorrow,
—Mike
PS — Questions? Join us on Discord!