In just the past five years, crypto saw the rise of ICOs, which then became airdrops and IEOs, which then became IDOs. At Thorstarter, they are not wedded to the idea that IDOs will be around forever. They are constantly looking for new vehicles through which they provide valuable investment opportunities to the XRUNE community.
Today, Thorstarter introduce a project that is doing just that — The newest, permissionless and revolutionary way of raising funds and building project momentum — KOLnet’s Initial Marketing Offering (IMO).
Before they begin, some clarification:
$KOL — KOLnet is a project IDOing their $KOL token on Thorstarter in April
IMO Structure: KOLnet’s product is the IMO (Initial Marketing Offering)
Thorstarter will be offering IMOs in the future in collaboration with KOLnet and some Thorstarter partner projects.
How does it work? Let’s dive in…
Enter KOLnet
KOLnet is a Marketing Launchpad connecting projects to Micro KOLs by utilizing multichain token pools and Proof of Marketing.
This is a new way to raise funds through target marketing in which investors providing value will be able to participate. KOLnet is decentralized marketing.
Why KOLnet
The current IDO model has proven to be successful within the DeFi community and has brought amazing results, such as the ones mentioned in their previous OneRing case study.
That being said, there is always room for improvement. In IDOs, public investors that hold a huge amount of tokens are the ones who most of the time can get the whitelisting privileges, leaving private investors such as KOLs at a disadvantage. This is unfortunate as KOLs and especially micro-KOLs have the dedicated interest for the success of a project, making them the better value investors. If said micro-KOLs were prioritized as investors, the marketing of the projects would be greatly improved. This is what IMOs intend to do.
KOLNet will be the first platform to offer this new model filled with a plethora of marketing benefits such as higher engagement, targeted audiences, higher conversion rates, lower costs and authentic interactions to boost the visibility and results for every project that chooses this path.
Learn more about KOLnet in depth here
The $KOL IDO (Need this details from KOLNet)
⚡️KOL IDO will be launching on Thorstarter In April⚡️
Here are the initial details:
– Network: Polygon
– Date: April 05, 2022
– Price: $0.012
– Raise Size: $300,000 (Thorstarter)
– Vesting: 10% TGE
– Release plan: 30% p/m over 3 months
They look forward to offering $KOL to their community and helping them gain traction.
SKAL frens!
About Thorstarter
Thorstarter is a first-of-its-kind model: a hybrid IDO launchpad meets decentralized investment DAO. TS functions as a decentralized VC firm offering an array of services to partner projects.
📰 INFO
https://blog.thorstarter.org/ido-announcement-kolnet-polygon-8ac859ca8be