What is Ideamarket (IMO)?
If Bitcoin is money without banks, Ideamarket is “credibility without media corporations.” Launched in February 2021, Ideamarket uses markets to create common knowledge without trusted third parties. On Ideamarket, genuinely trusted information crowdsources a high market capitalization, while bad actors must pay out-of-pocket. Ideamarket data can then be used to curate social media feeds according to market confidence, instead of centralized “fact-checking."
$IMO is the utility and governance token used for
- Making community decisions about the future of the protocol
- Paying for protocol-specific features and services