1/ Four major announcements for $IMX.
First: for the upcoming unlock, the majority of the unlocking supply (>50%) is from @immutable’s Project Development allocation.
We will be relocking *all* of these for at least 1 year. (P.S. we also don't give *any* directly as comp)
🧵
First: for the upcoming unlock, the majority of the unlocking supply (>50%) is from @immutable’s Project Development allocation.
We will be relocking *all* of these for at least 1 year. (P.S. we also don't give *any* directly as comp)
🧵
2/ Long Term #IMX HODLers 🅧
The majority of early unlocking holders are large strategic shareholders who are here for the long-term vision, and won’t be selling. Selling is healthy - but our goal is long-term aligned holders, which means...
The majority of early unlocking holders are large strategic shareholders who are here for the long-term vision, and won’t be selling. Selling is healthy - but our goal is long-term aligned holders, which means...
3/ New holders
We’ve been working hard to onboard new strategic long-term holders to buy any remaining supply wishing to sell directly, with the ultimate goal of minimizing any unlocking $IMX hitting the market.
More to be announced here soon. 😎
We’ve been working hard to onboard new strategic long-term holders to buy any remaining supply wishing to sell directly, with the ultimate goal of minimizing any unlocking $IMX hitting the market.
More to be announced here soon. 😎
5/ Incentive-aligned grants:
*Every* single grant the foundation makes is both A) time vested and B) milestone driven by volume.
Every successful grant drives huge volume to the IMX.
Allows us to drive incentive alignment with partners, and aggressive - but underwritten growth
*Every* single grant the foundation makes is both A) time vested and B) milestone driven by volume.
Every successful grant drives huge volume to the IMX.
Allows us to drive incentive alignment with partners, and aggressive - but underwritten growth
6/ These are all transparently tracked here: immutablex.notion.site/Grants-Dashboa…
Right now, more than $8B in volume is set to be driven on IMX by games + marketplaces.
On top of this, we’re building continuously building a new holder-base to help offset any grants from hitting the market
Right now, more than $8B in volume is set to be driven on IMX by games + marketplaces.
On top of this, we’re building continuously building a new holder-base to help offset any grants from hitting the market
7/ Our first:
Thrilled to announce the foundation has secured multiple VCs, including @TheSpartanGroup, as new holders for the upcoming grant milestone for @GameStopNFT marketplace earns on launch (3.7M $IMX) 🎉
No tokens will be hitting the market from this milestone unlock.
Thrilled to announce the foundation has secured multiple VCs, including @TheSpartanGroup, as new holders for the upcoming grant milestone for @GameStopNFT marketplace earns on launch (3.7M $IMX) 🎉
No tokens will be hitting the market from this milestone unlock.
8/ $IMX Tokenomics Whitepaper & Circulating Supply
We are working with the Foundation to make $IMX reporting more consistent for circulating supply.
Currently, circulating tokens only include tokens that have been distributed. Abnormally small.
We are working with the Foundation to make $IMX reporting more consistent for circulating supply.
Currently, circulating tokens only include tokens that have been distributed. Abnormally small.
9/ Cleaning up:
Moving forward, tokens unlocked in line with the Tokenomics Whitepaper will be included in Circulating Supply. This will significantly increase circulating supply to reflect the accurate schedule, without any new tokens being created or changing in status.
Moving forward, tokens unlocked in line with the Tokenomics Whitepaper will be included in Circulating Supply. This will significantly increase circulating supply to reflect the accurate schedule, without any new tokens being created or changing in status.
10/ @immutable has built through 3 bear markets, raised $300M+, and is here to help make digital property rights real for gamers world-wide.
We’ve onboarded more games in the the past 3 months than in the company’s lifetime - including > 40 switching from competitors.
We’ve onboarded more games in the the past 3 months than in the company’s lifetime - including > 40 switching from competitors.
TL;DR we're not stopping till web3 goes mainstream through ridiculously fun games. Next is all tokenizing all unique value as NFTs and revolutionising ownership.
Most importantly: community is the heart of our continued growth.
Come join us: discord.gg/ImmutableX
🅧🅧
Robbie
Most importantly: community is the heart of our continued growth.
Come join us: discord.gg/ImmutableX
🅧🅧
Robbie
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