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.
The IMM Token has two staking functions and one transactional utility:
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:
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.
Immunify.Life is currently conducting a private round for Strategic and Institutional investors before our IDO.
The total supply of IMM tokens is 300,000,000
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.
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