Initial Metaverse Offerings

Initial Metaverse Offerings (IMOs) are the new form of tokenized crowdfunding that will take the web3 world by storm. IMOs allow people to invest in Metaverse projects. IMOs are analogous to Initial Coin Offerings (ICOs), but are specifically designed for virtual worlds.

They enable game project owners to fund their projects, while providing investors with the opportunity to invest in virtual assets and services as they become available. IMOs also enable developers to create and manage entire virtual economies, as they are able to issue their own tokens, create digital assets, and control the supply of their digital currency.

Minting LuDAO badges

Through an IMO, project owners distribute a collection of unique NFTs that grant rights to your community, these are known as LuDAO Badges. Badges are used to determine the roles the stakeholders will have within the LuDAO. (Learn more about LuDAOs)

For example, a project owner can decide to mint 5 God badges to a team of 5 developers and 20 Demigod badges to creators at an AR/VR studio, 8 Priest badges granted to the main stakeholders of the project, and launch an IMO to allow the community to mint their own badges and get to have a role in the game for a fair cost.

The investment vehicle for Metaverse projects

IMOs are designed to provide a fair way to allocate funds and redistribute the project's profits among its crowd of investors. The funds raised at the minting event are governed by the LuDAO. All contributions made by badge holders are used to determine the percentage of royalties that are constantly retributed to them in exchange for their contribution to the value of the game world.

Royalties

All assets that make their way into the game are associated with a badge,