On July 9th 2021, our community had a chance to welcome IMM – an Automated Synthesis & Analytics Tool of Cryptocurrency Market utilizing Bigdata, Data Analyst, Artificial Intelligence technology based on Blockchain.
This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the lastest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
At this AMA, the IMM directly greeted the community and provided detailed information as well as some key products and future plans.
Time: 09:00 PM (UTC + 7) on Friday, July 9th, 2021
Airdrop 400 USDT for the best questions in the AMA.
Below are some main points of this AMA:
Question for Part 1- Project overview
Question 1: Could you please describe briefly about IMM? We would like to know more about it and how it works.
IMM: Insurance of Market Maker (IMM) is a DApp that uses Big Data, Data Analysts, and Artificial Intelligence technologies and that is built on two platforms: Ethereum Request for Comment (ERC-20) and Binance Smart Chain (BSC).Protect the benefits of investors (B to C) when they participate in Initial DEX Offering (IDO) projects.Advise developers (B to B) on technology projects to raise capital in the form of Initial DEX Offering (IDO).
Question 2: 2. What critical problems does it provide that existing solutions can not solve, and what are the competitive advantages?
IMM: We use Big Data technology to store all information crawled from the Blockchain, and both Data Analysis and Artificial Intelligence to analyze the data and predict the market.
And besides technology, the IMM experts with experience in the market will provide guidance and analysis for reference purposes.
Information problem included information not exactly, information fragment, analyze and gather information,
Our platform collects and analyzes information from multiple sources that other platforms do not provide. For transaction analysis, abnormal transactions are analyzed and notified to investors. On the other hand, holder analysis based on assets, trading trends, transaction abnormalities, forecasting the impact of large transactions on the investors
Question 3: Could you please elaborate more about your token economics?
IMM: As you can see in the picture below. It is listed very detail. We distributed tokens to different sections to help develop and nurture the project.
We also provide Token Analysis and Project Analysis. Investors buy Tokens to use products, basic products at $10/month, premium products at $1000/month, and limit the number of premium products, so IMM Token always increases in value when investors use the products.
Questions for Part 2 – Pre-collected questions from Twitter:
Question 1: 1. Can you please share a few major milestones that IMM has achieved during its development process? I want to know about your strategic investors and well-known partners, as well as the value they bring to the IMM’s ecosystem. @LenaSonley
IMM: Here is our roadmap
We have successfully launched our IDO in the BSCLaunch platform on the 19th of June. Pool filling time is less than 5 minutes.
As you can see above in our roadmaps, we will launch IMM Mobile App v1, Roadmap Tracker, Project Analysis, and Beta Automated Bot system in the next 3 months. Stay tuned for more updates there will be more in the future.
At the moment we provide more objective information than other platforms, and we always update and improve not only the feature but also the product of IMM Global. In the next month, we will update a new feature which promotes hot pair transaction. And also we will open to other platforms such as Solana and Ethereum. In-depth, IMM just not another platform out there, we are the best platform that not only collects and analyzes information but also very convenient for users to use.
Here are our partners and incubator. Besides them, we also work with many crypto influencers, YouTuber and Kols to expand our market to more community.
Question 2: How do you keep your platform safe for Investors and is your platform protected from hackers? How do you manage if there is an attack on your platform, including the personal data of your platform users? Was it born ready for this? @ThngHon58502880
IMM: As mentioned above. IMM is DApp. We do not collect any information from users. The only thing that users has to do is connect their wallet to use IMM tool. And it is even free at the moment. Hackers will not bother to attack on our platform to steal any personal data
Question 3: Could you explain to me how IMM can compile all relevant information about a project with the utmost accuracy and transparency? How can the quality of information from the Project Analysis be assured to all investors? @SevilRichard
IMM: Let me break it down for you with this example:
Other projects provide information from the blockchain: Transactions, LP activities, Price, …
This information has a specific meaning for people who trade with technical analysis. However, for the majority of basic or ordinary investors, this information does not provide enough information for those investors to take action. We include other sources of information to help investors evaluate more comprehensively.
Once a project with a strong Market Maker has a problem, the price chart analysis will not be updated immediately. The pre-capture of information from many online channels will help users to grasp market trends and take action immediately instead of waiting for the price chart analysis to be fixed.
Let’s take Github as an example: We will assess whether the development team is still working on the project following the roadmap.
And IMM experts, who analyze both automatic information and exclusive information from their networks to provide some guidance.
Question 4: Can you explain in simple words how IMM uses big data, data analysis and artificial intelligence for determination of viability of a new project? Further, how does this help IDO platforms to evaluate a new project? Furthermore, what new utilities are underdevelopment in IMM? @HaNguye01242549
Back to this picture again
Information is collected from 3 sources blockchain, google/internet, and gift hub. It is called social listening. AI has the responsibility to listen to all information gathered from social. Analyzed information, classify and only synthetic information that helpful and supportive for users such as average buy or average sell from a certain wallet.
In the next 2 months, we will release IMM mobile app for both Android and iOs users. The mobile app version will be equipped with more features. Easier and more convenient for users to experience.
Question 5: On the road towards gaining mass adoption and product innovations, what is the most prioritized thing of IMM so far? Can the project’s technology be also utilized for mature projects, or is its utility limited to only Pre-IDO projects? @teddy081196
IMM: The most prioritized thing if IMM so far is to supple the best tool for investors and traders to have more depth information and analysis to invest safely.
The project technology utilized for both mature projects and Pre-IDO projects but mainly for Pre-IDO projects since our main purpose is protecting the benefits of investors (B to C) when they participate in Initial DEX Offering (IDO) projects.
PART 3: BEST LIVE QUESTIONS IN CRYPTOFAMILY GROUP
Question 1: To build awareness about the project and what you provide on the platform, Marketing plays a major role. What are the ways you are focusing to attract users/investors?
IMM: We are currently has paid services with many influencer who has knowledge and standing in this field. Our target are traders and we focus mainly in Sea region since it is a promising region. However, we would like to expand our market to another region too.
Question 2: Binance smart Chain blockchain is having high transaction speed and cheap gas fees, Do you have plan In mind to launch your mainet or switch to other blockchains in the future?
IMM: Indeed. We have plan to launch it on Ethereum, and Solana soon. But for now just only BSC.
Question 3: Is your platform suitable for Crypto beginners? Or does it only appeal to professional users? @Quinn_IMM
IMM: Our platform is build for any one who are interested in the crypto field. However, you have to have a little bit of knowledge to understand what IMM provide and how to use it in a best way to help you invest smartly.
Question 4: Can you list 1-3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
Question 5: What is the further plan for your project in the next 6 months? Would you like to share with us some further more information ?
We have road map plan out till 2022. Pleas check them out in this roadmap. Besides, for more information, feel free to check out our social media to get more news and updated about IMM.
For all of the questions that have not been answered yet, guys feel free to search for more information or ask directly to them on the links provided below:
Announcements Channel: https://t.me/immchannel
Community Chat Channel: https://t.me/imm_communitychat