IDMoney (IDM) Initial Coin Offering - ICO Details & Financial Information

ICO NameIDMoney
SymbolIDM
Start DateJuly 01, 2018
End DateAugust 31, 2018
CountryCosta Rica
PlatformEthereum
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The rapidly evolving world of crypto has reminded us that regulation tends to lag behind technology. The explosion of cryptocurrencies and their decentralized platform, has forced governments to take notice and figure out just what these technologies mean for the future of finance, commerce, centralized authority, and precisely what role governments will play in the economies of the future. Watching the meteoric rise of blockchain technology, governments have seen its benefits but are grasping to understand and govern it.

IDMONEY offers a new crypto Governance model: One that is Social, Public and Global. Through the creation of IDMONEY tokens, the development of a tailored decentralized blockchain software, and an established model of governance, IDMONEY offers a solution through ownership. As the first public crypto, IDMONEY will take this three-tiered company and transfer ownership to three local governments (IDMONEY ownership will ONLY be extended on a local/municipal level).

Having local municipalities take ownership of the IDMONEY crypto token and decentralized software, places them in the unique position of having a vested interest in establishing the governance necessary to drive success. And in doing so, truly institute a governance model that considers both the regulations and the freedoms necessary to foster continued technological advancement. Giving way to the IDMONEY
vision: GLOBAL MONEY.

The IDMONEY project will be the precursor to what will become GLOBAL MONEY. GLOBAL MONEY will expand on IDMONEY’S WHITE PAPER the effective governance model established by the three local governments which run IDMONEY. A new company evolved from the IDMONEY model; GLOBAL MONEY will offer software that has been fine-tuned, improved upon and perfected to serve a wider global government community.

The GLOBAL MONEY mission is to become a decentralized multi-government currency, with a collaborative model that allows each individual to manage their personal information and finance.

GLOBAL MONEY´s Smart Contract will present each individual with both the technology and the opportunity to develop an independent, transparent and decentralized token model that has not been possible via central bank. GLOBAL MONEY aims to transform itself into a world bank that has all the benefits of a regular bank but eliminates all the hassles and centralization issues of a traditional one.

Note: IDMONEY administrative model is decentralized, without a CEO. There will be a Council Board that will define which decisions may or may not be made by the team. The Roadmap and information included in this Whitepaper are guidelines for the successful implementation of the IDMONEY project.

While IDMONEY will provide the software and governance model for chosen local governments to manage, implement and promote, the IDMONEY team will not be tasked with its operation. IDMONEY will, however, provide a community of experts who will work together to offer support and propose strategies to participating local governments.

BUSINESS DEVELOPMENT MANAGER
PROJECT LEAD MANAGER
AUDIO VISUAL DIRECTOR / COMMUNICATIONS MANAGER
Price1 IDM = 0.00075 ETH Sale16,000,000 Payment ModeETH
Minimum Investment0.1 ETH Distribution45% RaisedN/A
Soft Cap500 ETH Hard Cap12,000 ETH

General ICO Warning:

Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.