Tokenomics

IMM Token - the health currency of the future.

IMM tokens are a new digital asset unique to the Immunify.Life ecosystem, which will be used to transfer value between users, health service providers and other participants.

Immunify.life is a native ADA-20 token on the Cardano blockchain. 

The underlying asset of the ecosystem is data. Simply put, the more data provided, the greater the asset base.

IMM Utility

The IMM Token has two staking functions and one transactional utility:

  • Users stake IMM to earn fees from Data Samplers who are paying for the anonymous license.  The fee rate is inversely proportional to staking which gives Users, as a collective, an effective vote on the fees. (“User Staking”)
  • Data Samplers who engage with specific users stake an amount of IMM per user for the duration of the engagement (“Engagement Staking”)
  • Fees for the data license are paid in IMM tokens and distributed to both sets of staking in proportion to IMM staked.

Immunify.life Vault

Uses will be able to access the $IMM token via the Immunify.life Vault. 

5% of the supply allocated to staking rewards allowing the model to pay the returns transitioning over to a full fees from data samplers model in time. 

Users to the system are incentivised with 20% of the supply of $IMM to take part in the various programs and allow the use of their de-identified information.

The platform itself focuses on the sale of medical data, directly from the source, as well as on philanthropic contributions to regions in need. 

The IMM token has the additional following functions within the ecosystem:

  • Fees for access to medical data.
  • Payment settlement layer.
  • Providing rewards for patients and healthcare workers (Governments and NGOs).
  • Staking upon registration for self-sovereign identity.
  • Payment for Immunify.Life saving account.
  • Acquiring NFT digital medical certificates.
  • Purchase of goods and services.
  • Proof of Business*.
  • Incentives for clinical data providers (e.g. end users) in the form of IMM tokens.
  • Incentives for Yield Farming Protocol.
  • Part of the economy of Immunify.Life will include incentives for clinical data providers (e.g. end users) in the form of IMM tokens.

Every entity including charity and donor organizations, hospitals, telecommunication partners, pharmaceuticals and individual patients will have a wallet created when they join. All the individual parties will be able to access their wallets either through the Immunify.Life app or through the Immunify.Life website.

The IMM tokens will be visible and tradable the moment they arrive in their wallets.

Access to the app and wallets will be 2FA protected and with an additional transactional level OTP (One Time Passcode) authorization requirement.

Distribution

Immunify.Life is currently conducting a private round for Strategic and Institutional investors before our IDO. 

Total supply 

The total supply of IMM tokens is 300,000,000

TGE

$989,100 USD

Proof of Business

Immunify.Life has a business model where when a ‘service transaction’ arises from NGO, Countries and Foundations and any other business that want to use Immunify.life’s services and software. The IMM token is used as a payment settlement layer where 50% of the funds received will be used to purchase IMM tokens off the market and 50% will go to Immunify.life for roll outs and supporting its core business.


Charitable DeFi

Immunify.Life has a unique Charitable DeFI arm where users in the protocol are able to donate a % of their APR to the Immunify.Life foundation wallet and support one of the Immunify.Life projects. The pools will be IMM single sided pools, deposits will be IMM and rewarded in IMM.

This will not only be on Cardano but on any other EVM compatible chain. First pools will be deployed on Ethereum, Telos, Polygon and AVAX

More to come