ℹ️ About Impossible Finance
Impossible Finance is the go-to crypto investment platform that empowers you with high-quality, fair, and accessible crypto opportunities. We simplify DeFi so you can enjoy fairer investing, cheaper trading, and better yields through our accelerator, launchpad, and swap platform.
🔭 Vision
A fair and accessible digital financial system for everyone
🧭 Mission
Helping people learn, discover, and invest in crypto opportunities
🌍 Aspiration for Users
Your trusted Web3 gateway to learn, discover, and invest
🔗 Aspiration for Project Teams
Web3 Venture Builder
🦾 Why we started Impossible
Impossible was brought to life because we saw problems from traditional finance (that crypto was aiming to solve in the first place) make their way over to crypto. We saw that regular people who wanted to invest in projects, faced one or a combination of these issues that we want to solve:
- Lack of quality control: Projects often are selected to launch on so-called launchpads with little or no due diligence done. This makes it hard to understand what projects are doing as information is scarce, making a lot of early-stage investment higher risk than it should.
- Unfair: Big and early “whales” and funds drowning out average investors and then taking advantage of their position to manipulate prices. Platforms also sometimes offer unfavourable terms (unequal lockups, high performance fees, or hidden penalties)
- Inaccessible: Needing to be part of a tightly-knit circle that has exclusive access to these deals or a minimum investment size required
Read more about our focus here 👇🏼
🛣️ The Pathway of Impossible Finance Launchpad
The Impossible Finance launchpad is designed for fairness and accessibility for our users. Through a standardized token staking mechanism, we were able to prevent front-running and ensure that all launchpad participants receive a fair allocation that is relative to the amount of their StakeWeight. All the while, the launchpad process provides project teams with the guidance and platform needed for a successful IDO launch that targets the right ‘power users’ to bootstrap future platform usage.
The most important thing we do is work with projects on their ideas. Impossible prides itself on being a “Business-to-Developer” (B2D). Development teams are encouraged to focus on building, and Impossible can advise on and help with the rest.
Read more about how we help project teams here 👇🏼
🔥 The Creation of the Impossible Ecosystem
We strongly believe in creating a long-term ecosystem with strategic partners and high-quality projects that can work together in new and creative ways. Our thought process behind this can be broken down into three theses.
- Thesis I: Money Legos: The concept of “money legos” has been propelled forward by the need to build for composable products. By having projects that can easily integrate into products that benefit from their functionality, the ecosystem will eventually grow into an exciting “DeFi” space.
- Thesis II: Metaverses, Gamefi & Fan Tokens: The team at Impossible believes that as metaverse infrastructure continues to improve, coupled with the various catalysts mentioned above, Metaverses are merely at the start of a technological cycle that is likely to influence daily routines through a change in online interaction and monetisation methods.
- Thesis III: Infrastructures for a mutlichain future: from having a lack of fiat on-ramps to clunky and rigid on-chain products, the need for better infrastructure has always been a key driver in enabling a more seamless experience for its users. With the proliferation of better infrastructure, being a multichain product has become a great priority for Impossible Finance, as it allows us to help build alongside all these great projects, empowering them on their respective chains.
📈 Tokenomics
🪙 Impossible Tokens
$IDIA token is the core governance and access token for allocation into our launchpad IDO sales.
$IF token is the core governance and fee accrual for the swap and other non-launchpad products within the Impossible family.