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).
The IDMONEY project will be the precursor to what will become GLOBAL MONEY. GLOBAL MONEY will expand on 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 First SOCIAL, GLOBAL AND PUBLIC crypto
Social
20% of all created tokens are directly dedicated to fighting poverty within the 3 chosen municipalities. As token value increases so does the cash impact of this 20% donation, both to individuals and the local economy. Therefore, as a sense of ownership, innovation in governance and reliability begins to grow within these local governments, so will the socioeconomic impact of the IDMoney project.
Local governments will identify the beneficiaries and IDMoney will allocate these Crypto resources directly to the people who need it the most.
Global
The free and global Money Making Wallet Application software is open to all and unique in its ability to generate money for the user through shared personal information. Chosen local governments that embrace and promote this software, recognize the fundamental right of virtual personality and the importance of workable governance, will lend to the further success of IDMoney.
Public
IDMoney will be the first crypto to engage forward thinking and socially conscious local governments. IDMoney will devote 18 months to selecting 3 local governments. After 36 months IDmoney will offer ownership of its shares to the 3 local municipalities that prove to be dedicated to supporting and promoting the implementation of effectual crypto legislation and economic activity.
This partnership will serve as an example and learning opportunity for governments and the crypto community alike. Shares of IDM are in a trust, which is ordered to be delivered to local governments ONLY.
Token Distribution
A total of 35,000,000 IDM will be created and divided into three portions:
6,300,000 will be allocated to IDMONEY founders. This portion will be distributed over a three year period, distributing an equal amount each year after April 1st, 2019.
21,700,000 will be managed by IDMONEY to support all operation and develop costs, including IDM software, governance model, project communication and education tasks.
7,000,000 will be allocated to poverty reduction. This portion will be donated to the local governments specifically to fight poverty in their territory
IDMONEY team
Official Website :
https://idmoney.io/
White Paper :
https://idmoney.io/wp-content/uploads/2018/03/IDMONEY-WhitePaper-v.1.0.0.pdf
Join Us on Telegram :
https://t.me/joinchat/GaN7y0y5vukQFDDfNHbGYA
Social Media Links :
Facebook : https://www.facebook.com/idmoney/
Twitter : https://twitter.com/IDMoneyHDN?lang=en
Bitcointalk Thread :
https://bitcointalk.org/index.php?topic=3207583.0