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.
- Imbue Network — Completed