
Imbue Network (IMBU)
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About Imbue Network
Imbue Network (IMBU) is a decentralized crowdfunding DAO built on the Polkadot blockchain platform. It is an idea incubator open to individuals from all walks of life, allowing them to submit and vote on ideas worth funding. Imbue Network brings real-world impact to people’s lives by leveraging the power of the Polkadot ecosystem and the Substrate Framework. Anyone can initiate a proposal and define deliverables as milestones, splitting the funding between these milestones. The IMBU token powers the network and is primarily used for governance, with each token representing a single vote. The network takes a percentage of each successful raise, which is then used for projects voted as best by the DAO.
Imbue Network enables founders and innovators to access the funds they need for their projects from community members who support their vision. Initiators can submit proposals with funding goals and define project milestones. Funding is released when a project reaches its goal, and contributors can vote on the success of each milestone using the IMBU token. Imbue Network operates as a decentralized autonomous organization (DAO), ensuring community members have a say in unlocking funds and can raise concerns through voting. Transparency is a core principle, and the Imbue team shares their public board, allowing community members to see what each team member is working on.
Imbue Network aims to be a community full of ambitious and innovative projects supported by others. Each proposal is independently created by its initiator, who sets milestones and funding requirements for each stage. Imbue seeks to create a world where anyone can participate in projects they believe in and drive the next wave of innovation. The network employs blockchain technology to ensure accountability and transparency. The roadmap for 2022 includes the development and marketing launch, the launch of the MVP, and expansion to other blockchain networks. With a team of experienced professionals, Imbue Network is poised to turn its vision into reality.
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