Cryptocurrencies are no doubt, making every plan to clinch the much desired status of global currencies. Ever since Bitcoin was launched in the year 2008, it was obvious that it is a matter of few years before cryptocurrencies can then gain worldwide attention. It is so in this day with over 2,000 variations of the currencies jostling to become the leader.
On the flipside, that entire clamour to be one of the leading currencies of all time might not pay off. With an increase in the numbers of scam projects, the tendency of the host platforms to elope with the users investments, as well as the issue of pumping and dumping of the prices of cryptocurrencies, it is evident that the currencies still have a long way to go.
THE IMO SOLUTION
Could Initial Model Offering (IMO) be the solution needed to fix the issues currently facing the funding phases of cryptocurrencies? It seems it is! It is better than what we have seen of the Initial Coin Offering (ICO) and Initial Exchange Offering (IEO) options. If it is as robust as it has been tipped, then it would be a great idea to see how it intends to work.
PREVENTING THE PUMPING AND DUMPING SYNDROME
The syndrome of pumping or spiking the prices of cryptocurrencies and dumping the same at will has been going on for a while. It is now time to send it on a downward spiral so the users can be able to follow the current and accurate market trends instead of those artificially created by investors that intend making fast profits.
Does Initial Model Offering (IMO) have the capacity to trigger that change? Yes, it does! Can it go about it without triggering unnecessary changes that would be detrimental to the fortunes of the involved cryptocurrencies? The answer again is a Yes!
That said, we would now look at how the method would be used on the Initial Model Offering (IMO) platform created by the IMO Exchange.
The idea behind the reduction of the chances of pumping and dumping of the prices of cryptocurrencies is to use the locking and unlocking of the users’ assets as bait. In that instance, the platform ensures that only 10% of the total investments made by every user would be released to them. It believes that the 10 percent would put the investors under the control of the platform. Also, the investors would have no choice other than to do the bidding of the platform.
The bidding is that the investors who got only 10 percent of their initial investments would need to refer other investors to the platform. The idea is simple – the more the referrals, the more the investments would be released.
CONCLUSION
Without mincing words, Initial Model Offering (IMO) is a better approach to invest in cryptocurrencies. Think of what would happen if the market suddenly crashes. Ideally, if all your funds and assets were trading at the time, chances are high that you would lose many of them. Therefore, the hedging of funds as done by IMO Exchange (IMOEX) is an excellent plan to reduce the chances of losing your assets in the volatile crypto market.
USEFUL LINKS
Website: https://www.imoex.top/
Telegram: https://t.me/imoexchange
Twitter: https://twitter.com/eco_imo
AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759
