Omni Id

Building the future of digital identity |
Cross-chain | Self-sovereign | Built for devs, users & the new internet.

Demo Project : pw3 group3

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

I've been looking into the token distribution for the treasury on @IPXExchange

It receives funds from several places, and is also allocated a 21% slice of the IPX supply (210M $IPX). I gave it a closer look to better understand how it works.

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

I expected @IPXExchange creator onboarding to be a maze.

It’s closer to a checklist: eight steps from sign-up to promotion.

I read through the guides, and here’s the route as I understand it, plus what I’d check before starting.

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

@IPXExchange First, funding before the work exists.

The creator states the USDC the production needs, and buyers fund it in USDC or IPX.

In the whitepaper's example, a $100,000 budget becomes a $110,000 cashout target, with $10,000 as the platform's 10% fee.

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

Staking is the part of @IPXExchange's design I think people misread most easily.

It isn't a fixed interest rate. It's a claim on fees the platform actually collects.

Here is what the whitepaper says stakers get, and what they don't.

https://t.co/U59OqzNU2v

[Omni Id @OmniID_org]

@KNIGHTOFWEB_III @IPXExchange Interesting...

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

Why does an @IPXExchange project raise two things, USDC and IPX?

Here's how I understand it.

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

Tokenized IP raises a question I keep coming back to:

how will regulators treat it?

Rules around tokens and creative rights are still evolving, and @IPXExchange's Risk Disclosure says so. The answer affects creators, fans and the platform in different ways.

[Omni Id @OmniID_org]

@KNIGHTOFWEB_III @IPXExchange Well said brother

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

A great project can still go unnoticed. Funding it is one problem, and getting the right people to see it is another. @IPXExchange handles that second problem, and it seems to work on three fronts at once.

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

Many campaigns ask you to complete tasks. @IPXExchange’s FAN SZN asks who you are first. You pick one of 12 fandoms, take a 7-question Fan Check and get a Fan Card. For a platform built on entertainment IP, starting with fandom makes sense to me.

[Omni Id @OmniID_org]

@KNIGHTOFWEB_III @IPXExchange Excellent work from @IPXExchange !

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

Creators shouldn’t have to give up ownership of an original story just because they need money to make it. That idea is what drew me to @IPXExchange. Funding usually comes with a price, and often that price is control of the work itself.

[Omni Id @OmniID_org]

@KNIGHTOFWEB_III @IPXExchange Well said good ser

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

Ive been thinking about how @IPXExchange works, so I went through their whitepaper.

They are building a platform on Base to tokenize intellectual property allowing creators and projects to turn IP into on-chain assets. 👇

[Omni Id @OmniID_org]

@rollerzdue4W @beepzfun 0xd8655B4Bc8C52Ed6676Ac4cEEa94F2c9eba9a84F

@KNIGHTOFWEB_III @LunaPraisel

[Rollerz @rollerzdue4W]

Quick Giveaway of 4 GTD free mint slots for @beepzfun.

As I have tweeted on the quoted post, they are building a launchpad and a marketplace for inscription on Robinhood.

Requirement:
✅ Follow @beepzfun & @rollerzdue4W
✅ Like and retweet this post
✅ Tag two friends with your evm address.

Picking winners in an hour.

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

IPX lets a project raise two things at once:

- USDC for production and IPX for its future market. The raise only graduates when both targets are filled.

- After that, the production budget goes to milestone escrow and the market opens. @IPXExchange

https://t.co/fvVWwrLOGb

[Omni Id @OmniID_org]

@NasalisFlow 0x3082545fC9186312b80289016C1923b8238a8A70

[Omni Id @OmniID_org]

@KNIGHTOFWEB_III @IPXExchange Well said

Will definitely check it out

[Chess_Nerd ♟️ @KNIGHTOFWEB_III]

IPX Exchange (@IPXExchange) is running FAN SZN, a fan-engagement campaign where users join a fandom, earn points called Aura, and climb a leaderboard for rewards. Here is how the campaign works and how to participate. 🧵