If there's anywhere the phrase "Change is the only constant thing" is true without any doubt then it would be the cryptocurrency sphere. Since the inception of the blockchain technology with cryptocurrency, bitcoin being the first, there has always been a constant change in how operations are carried out. The crypto industry has seen change starting from the advent of other Cryptocurrencies and altcoins apart from bitcoin, in fact, there are stable coin now. There was also a shift from the proof of work consensus mechanism to a proof of stake consensus mechanism of an hybrid of the two transaction verification system. Crypto sphere has always kept it moving, never settling down with innovative disruptions that in the end better the crypto ecosystem and help ensure that we deliver on our promise of a totally decentralized system of operations that needs no trust.
In this article, we'll be taking a look at another disruptive innovation to how we view a process as fundamental as initial exchange offering. The innovation is called Initial Model Offering (IMO). We'll also be looking keenly at the comparison between this new innovation and the traditional initial exchange offering and later the initial coin offering.
The route for early stage investment are just two and they are Initial coin offering (ICO) and Initial Exchange Offering (IEO). ICO involves the sales of a token St the early stage of development. Here, the developers are done with the product and ate simply looking for investors that believe in the project enough to bet on it with his money. The funds will be used to further develop the project and in return, the investor will be given an appropriate share of the token. When the project is successful and the token has gained much more value, the investor can decide to make a profit by selling off his asset. The initial exchange offering works in this same format too but the difference is the timing when the investor get to purchase the asset. For IEO, investors are able to get the asset when it lists on an exchange platform for trading.
Well, there's another guy in the race of fund raising methods for crypto currency, Initial Model Offering. IMO is a revitalized version of IEO which involves a continuous investment in the cryptocurrency project as investors deem fit. Investors get to have a private placement period of usually 3 months, 6 months, or one year. Since the normal investment process in crypto project involves Fundraising, Investment and Market which takes up to about 2 years before investors can ascertain whether they've made a good decision or not, IMO is modeled to have investors make their investment and withdraw in shorter periods. They can then decide to reinvest again if they evaluate the project and find it going on the right trajectory.
COMPARISON BETWEEN IEO AND IMO
we understand what both IEO and IMO entails now and therefore we cab see that IEO is like making a long call on an investment while IEO is staking for a short period. While both methds have their advantage, for any cryptocurrency project where market and prices are extremely volatile, investors will prefer to have their stake go into projects in bits such that they can track from time to time if it's worth being loyal with it simply back out. On the flip side for developers, while having a chunk of money from IEO to develop project is a good sign that investors actually see a light in the project, IMO system helps put developers on their toes to get the project going as they know that it is dependent on whether they'd be able to fund the next phase of the project.
IMO WALLET APP
The IMO wallet app is a normal digital asset storage nut it also serves as the private investment portfolio of the user. All investment and divestment are conducted from this hot wallet. Also, the pre-sale of a digital asset investment opportunity is conducted through the wallet app.
Do not miss your opportunity to take part in token offering revolution, together with IMO Exchange. Here are some useful links, so you can get more familiar with the project:
IMO Exchange website: https://www.imoex.top/en_US/
IMO Twitter: https://twitter.com/eco_imo/media
IMO Telegram Channel: https://t.me/imoexchange
IMO Wallet App: http://invite.imoex.top/#/?c=460CC106