Ideaology Testnet Launching

A testnet is an alternative cryptocurrency blockchain, to be used for testing. Testnet coins are separate and distinct from real coins, and are not supposed to have any value. This allows application developers to experiment without resorting to using real coins and not worrying about the integrity and security of the mainnet

Ideaology is a blockchain project that strives to connect three types of users on one unique business network platform. Innovators, developers and investors connected in one platform create an ecosystem which covers four steps from initial idea to the crowdfunding.

With Ideaology, cryptocurrency projects can easily raise funds by setting up a swap pool based on a fixed purchase rate for tokens on the Ideaology IDO launchpad. End-users will be able to join the projects as whitelisting participants in our secure and rule-abiding service environment. hough initially being an IDO platform, Ideaology, as a full-fledged DEX, is also to provide with users an easy-to-tap-into yield farming taken up by Ideaology-connected token pairs.

IDEA TOKEN USAGE

Staking For Governance—$IDEA token holders will be eligible for voting on Ideaology product features, token utility, types of auctions. They are also entitled to decide which projects are preferentially to be listed by Ideaology.

Protocol Governance—IDEA holders need to stake their $IDEA in order to be able to vote and to submit proposals. Proposals will be first discussed off-chain on the Ideaology governance platform. The idea of this pre-voting mechanism is to promote proposal discussions before on-chain submission.

Governance For Project Listing—Staking for governance can also be utilized in terms of LP’s voting for token projects, which is more featured by Ideaology. By staking IDEA, the user is eligible for voting for and against a project. If a project is voted down, the IDEA staked by a voter is immediately restored.

Transaction Fees—Transaction fees are paid in $IDEA token.

ROADMAP

2021 Quarter 3