Ideamarket (IMO)

Ideamarket (IMO) is a groundbreaking cryptocurrency that aims to build credibility for information without relying on traditional institutions such as legacy media, academia, or governments. It operates on the same principles as Bitcoin and Ethereum, creating an infrastructure for credibility independent of legacy systems. Users can rate posts to express agreement or disagreement; the more a post is rated, the more the author earns. Ideamarket legitimates disruptive ideas in a short time, as ratings are crowdsourced to showcase what top minds truly believe about disruptive topics. Additionally, it offers a proof of thought-leadership by providing an on-chain record of opinions, allowing individuals to query who rated certain statements highly at specific times.

Ideamarket works by creating new posts for a fee of 0.001 ETH (~$1.30), which is paid to the Ideamarket treasury. Users can rate posts for the same fee, with the payment going to the post owner. Individuals can generate profit by making a post and receiving ratings from multiple users. Posts can also be sold to others, with the new owners earning the rating fees for as long as they own the post. Ideamarket envisions a future where the opinions of trusted individuals carry more weight than the opinions of institutions. On-chain ratings make it possible to identify insightful individuals and track their views, fostering a feedback loop that highlights thought leaders and provides a filter for subjective judgments.

Ideamarket has many potential use cases, including opinion-matter prediction markets. These infinite analytics layers allow for personalized filtering based on on-chain characteristics, and settling prediction markets based on Ideamarket data. The platform also offers opportunities for new income streams for independent researchers and breakthroughs in precision audience targeting and social networking. With an emphasis on ease of use, Ideamarket has already attracted a community of users, and its token, IMO, can be staked or unstaked on any user at any time. The platform continues to evolve, with ongoing developments and experiments to revolutionize how shared truths are created.