Polkadot & Kusama ecosystem projects directory
Polkadot & Kusama ecosystem projects directory

Imbue Network

DAO
DeFi

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

Imbue brings real-world impact to people's lives, dismantling the popular criticism that web 3.0 lacks utility. By leveraging the power of the Polkadot ecosystem and the Substrate Framework, founders are able to announce Proposals along with how much funding they feel they need. They define deliverables as Milestones, and split out the total amount between them (e.g., 10% for the first Milestone, 30% for the second Milestone, 40% for the third Milestone, etc.).

Additionally, while at launch funding can only be done with the $IMBU token, since the Polkadot ecosystem is the leading blockchain for interoperability, funding in different cryptocurrencies, as well as on-ramp for fiat currencies, is relatively simple, with transaction costs that are negligible compared to the fees you find on Ethereum.

A farmer in Africa; a bassoonist in Colombia; a small business owner in Ajman; a chef in Cincinnati: everyone knows how it feels to be lost in this crowded global marketplace. Everyone deserves a shot at building a dream. Imbue Network can help to imbue that dream with the funding that can turn it into reality.

Tokens:  IMBU
Status
Announced
 Testing
Parathread on Kusama
Parathread
kusama
Kusama
March 24, 2024
January 12, 2025
~22 days remained
Auction 40: WINNER
Leasing: June 27, 2022 - May 30, 2023
Crowdloan ID: 2121-79 
Funds Raised: 3 550 KSM ($116 476)
Leading Blocks:  66.42%
Reward: 1 KSM : 50+ IMBU
Crowdloan Cap: 15 000 KSM
Reward Pool: 30m of 200m (15%)
Show more auctions  
Auction 77: WINNER
Leasing: April 18, 2023 - March 20, 2024
Parathread ID: 2121 
Last Bid: 70 KSM
Leading Blocks:  93.99%
Slot Acquisition: self-funded
Auction 131: WINNER
Leasing: March 24, 2024 - January 12, 2025
Parathread ID: 2121 
Last Bid: 60 KSM
Leading Blocks:  99.84%
Slot Acquisition: self-funded
Developer Activity
If you have a connection to this project, kindly Contact Us to keep the details current
Primary Token:
IMBU
Total Supply:
200 000 000
Crowdloan Reward Pool:
30 000 000 (15% of Total Supply)
IMBU Distribution
News
Mar 2, 2024 at 15:16 UTC
Imbue Network is a decentralised crowdfunding DAO built on top of the Polkadot blockchain platform. It is an idea incubator open to the entire world that allows anyone, from any walk of life and for any kind of endeavour, to submit and vote on Ideas worth funding from the communities that believe in them the most.
Slot Acquisition: self-funded
Last Bid: 60 KSM
Leading Blocks: 99.84%
Leasing: February 8, 2024 - January 17, 2025
Imbue Network has won Kusama Auction #131
Jan 23, 2024 at 16:12 UTC
Jul 14, 2023 at 00:50 UTC
Jun 21, 2023 at 00:50 UTC
Jun 21, 2023 at 00:50 UTC
Jun 14, 2023 at 00:50 UTC
May 25, 2023 at 21:03 UTC
Apr 12, 2023 at 16:38 UTC
Slot Acquisition: self-funded
Last Bid: 70 KSM
Leading Blocks: 93.99%
Leasing: April 19, 2023 - March 28, 2024
Kusama Auction #77 has been won by Imbue Network
Jun 6, 2022 at 16:00 UTC
May 31, 2022 at 09:55 UTC
Apr 22, 2022 at 17:44 UTC
Jan 27, 2022 at 18:26 UTC
Jan 20, 2022 at 21:02 UTC
Jan 20, 2022 at 21:02 UTC
Jan 20, 2022 at 21:00 UTC
Imbue Network project has been added on parachains.info