Kate$EARNM is introducing the World’s First Initial Merge Offering! 🚀
What is an IMO?
An Initial Merger Offering is when two or more projects decide to consolidate their reach & resources to achieve superior economies of scale.
During the IMO process, holders of the merging projects can take advantage of supercharged yields and the benefits of a larger global footprint.
$EARNM is a deflationary MobileFI and DePIN rewards ecosystem that turns smartphones into EarnPhones. The $EARNM team was ranked #1 by Deloitte as North America’s fastest-growing company in 2023, achieving an impressive 32,481% growth rate with over 7 years of proven success.
StormX is an Upbit-listed project that has been operating in the cashback space since early 2017. With a strong Asian trader community and as the top Web3 cashback player, they have achieved over $500M+ daily volume and high liquidity from the top spot and perps exchanges in the World.
Known for sponsoring the Portland Trail Blazers and major poker tournaments, StormX’s consolidation with $EARNM creates the highest-traffic platform in the DePIN and rewards sectors, achieving staggering stats preceding the IMO:
🔸 $70M+ in Web2 and Web3 revenue
🔸 50M+ community userbase
🔸 $500M+ in daily pre-merge volume on top exchanges
🔸 $350M earned and saved by users
Why Web3 needs consolidation?
Consolidation is the key to sustainable growth in every industry. It’s time for web3 to leverage mergers and acquisitions to drive growth and innovation. Every seven minutes, a new token is created, often driven by emerging trends. As these narratives grow, they fragment into multiple communities, weakening their collective power and limiting their ability to operate effectively.
The Initial Merge Offering (IMO) addresses this challenge by uniting projects and communities under 4 Key Pillars for achieving Monster FDV:
♦️ Liquidity: Combining trading volumes for a stronger market presence.
♦️ Community: Merging user bases for enhanced engagement.
♦️ Technology: Pooling resources to drive innovation.
♦️ Distribution: Expanding reach across platforms and networks.
How to prepare for the IMO:
The Initial Merge Offering (IMO) represents a groundbreaking opportunity to be one of the first participate in the consolidation of Web3 ecosystems, unlocking powerful staking rates.
Buy and Stake $EARNM HERE 👉 https://www.earnm.com/imo
Here’s the guide:
Step 1: Acquire $EARNM Tokens
The first step to preparing for the IMO is securing $EARNM tokens. You can buy $EARNM on supported exchanges that will be announced soon. Choose your preferred platform and complete your purchase.
Step 2: Ensure Your Tokens Are on the Base Network
The IMO staking is currently supported exclusively on the Base network. Use tools like Transporter.io to transfer tokens to the Base protocol if needed, ensuring compatibility for staking.
Step 3: Start Staking
Once your tokens are on Base, you’re ready to stake. Choose a public or VIP staking pool that fits your goals ⇣
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IMO Update: A Community-led Strategic Shift
After thorough community discussion and voting on the proposed Merger Peg Ratio, the decision has been made not to proceed with the IMO.
Several factors influenced this outcome, including shifting exchange dynamics—most notably, Binance delisting StormX—raising concerns about the merger's long-term viability. Additionally, considerations around the merge token ratio and the need to maintain a strong EARN’M treasury further reinforced the decision to pivot away from this approach.
From its inception, the IMO was envisioned as a groundbreaking model for long-term consolidation in the crypto space. While this specific IMO will not move forward, the broader concept remains integral to EARN’Ms long-term strategy. The team continues to explore alternative opportunities for sustainable and strategic growth, focusing on strengthening core offerings and introducing new products that align with its long-term mission.
"We respect the community's vote. While this particular IMO will not proceed, our commitment to Web3 consolidation remains unchanged."
This decision marks an important moment in EARN’Ms journey. By adapting to evolving market conditions and prioritizing long-term sustainability, EARN’M is leveraging this as a foundation to build stronger, more strategic pathways toward consolidation in Web3.