Imbue was started with the vision of accountability empowered by the blockchain. We as an ecosystem can do better!
Imbue at its core is milestone-based vesting powered by democracy. Proposals are submitted on the network with milestones and their respective %s. Only funders get to vote on the progress of a project since they have the most to lose, while project initiators are incentivised to continue delivering so they get more of their project’s funds unlocked.
What we want to build is a platform where creatives, developers, researchers and anyone with talent can utilize their expertise to get paid securely and safely regardless of where they are in the world. To give people options that do not exist where they live and get funded in whatever substrate native token they wish
We believe this resonates strongly with the ethos of Kusama, and will be a great outlet to bridge over other ecosystems that can leverage Imbue and hence Kusama as a vehicle to achieve their dreams or improve their lives. Thereby pushing more adoption onto Kusama and definitively answering the popular misconception that Web3 lacks utility
The team reached out to the community and described what we wanted to do. A promise was set that - given the team's expertise to deliver on this - there will be no external funding until a usable product is produced. We decided to build it in an open-source manner with volunteers
Imbue is one of the very few(GM perhaps being the only other) that remains to this day open source and not funded with the sole purpose of protecting the community. As such, the team are also exploring ways to migrate towards a common good chain
We strongly believe that Imbue can add much-needed utility and value to Kusama beyond just DeFi, as well as help us reach beyond the Polkadot ecosystem and clearly and definitively answer "Why Kusama?" or "How does this make my life better?" and bring in users and adoption
Please feel free to look at the proposal and we look forward to your feedback
Imbue is a blockchain-based platform that aims to empower accountability and democracy in project funding. It allows creatives, developers, and researchers to get paid securely and safely, regardless of their location. The platform is milestone-based, with funders voting on project progress and initiators incentivized to deliver to unlock more funds. Imbue aligns with Kusama's ethos and aims to bridge other ecosystems, promoting Kusama adoption and addressing misconceptions about Web3 utility. The team is committed to open-source development and protecting the community, with no external funding until a usable product is produced. They are also exploring ways to migrate towards a common good chain. Imbue aims to add value to Kusama beyond DeFi and help users understand its benefits, increasing adoption.