WHITEPAPER

$IAM

WHITEPAPER

The official currency of IAM’s world.

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Dernière mise à jour:
19.6.2022

"La vie est un film où tout le monde a un rôle à jouer" 

-IAM, L’Enfer (L’Ecole du micro d’argent)

Now a pillar of rap culture, the legendary group IAM was the first to bring the sounds and style of New York rap to France in the late 1980s. The members of the Marseille-based group quickly became the representatives of hip-hop culture in France, conveying authentic and universal messages. IAM has created songs that transcend generations, from the album "Concept", to "L'Ecole du Micro d'Argent" and to their latest album "Rimes Essentielles", constantly inspiring new avant-garde rappers and musicians.

From the end of the ‘80s to today, IAM has always been a French symbol of musical innovation, creativity and universality, gathering around them a large and loyal community. For over 30 years, IAM has been building a deep and authentic relationship with their community of all ages and backgrounds across France and beyond. Some fans consider IAM a centerpiece of their childhood and adolescence, whose lyrics and music shaped their perception of the world. Today, the members of IAM are bringing their community into their world and Web3 through their own token, $IAM.

IAM's goal is to strengthen the authentic and deep connections with their community. They've been doing this for years through their music and lyrics. Meet IAM at the intersection of music, lifestyle and experience. The $IAM token is your ticket to their creative universe: join them in building it and form a community of which you can be a founding member.

Do you want to engage more deeply with IAM? The $IAM token is your ticket to participate in this creative journey and access others seeking the same. Get ready to be a founding member of a new kind of community. This whitepaper outlines how token holders can take part in the IAM world.

1. The $IAM Token

A. About IAM

One of the first French rap groups to sign a contract with a label in France, IAM has become a universal element of French culture over their 30-year career. From their music debut in Marseille in 1989 to their 11th album “Rimes Essentielles” released in 2021, IAM has inspired and collaborated with legendary rappers and creative artists from around the world, from RZA, Sunz of Man, Royal Fam, Khaled, Method Man & Redman, Beyoncé, Syleena Johnson to Allen Akino, Kalash or Femi Kuti, among others.

No matter what project IAM taps into they’re always driven by authenticity, creativity and respect for their audience. $IAM is a way for their community to join them in what they consider to be the future of the creative economy.

The $IAM token will be IAM’s official currency, unlocking exclusive products, services and IRL events for token holders in the IAM community.

1. The $IAM Token

B. What is the $IAM token

$IAM is an ERC20 token issued on the Ethereum blockchain, and the official currency of IAM.

As you help IAM shape this once-in-a-lifetime journey, you will earn more coins, engage more personally with the members of IAM and gain a more influential role in the building of the broader IAM community. The purpose of $IAM is to enable their community, empowering its members to become stakeholders and founders of the IAM universe.

The first and biggest token holders are key members of the IAM community. Prior to the launch of the zerozero marketplace, claims of $IAM tokens will be accessible for anyone to earn through the P00LS launchpad and will subsequently be issued on Ethereum.

On your journey through IAM’s universe, you will unlock exclusive access and experiences as you gather more $IAM tokens. Follow IAM and P00LS on social media and Discord to learn more and stay up to date on new token drops.

1. The $IAM Token

C. P00LS x $IAM

The $IAM token will be issued by IAM in collaboration with P00LS, and launched exclusively on the P00LS platform.

Traditional spheres of influence — from Hollywood to Wall Street and Silicon Valley — are converging more now than ever before, forming a new marketplace with creators and their audiences at the center.

Enter P00LS: the world’s largest decentralized exchange for creator cryptocurrencies. P00LS partners with creators to issue and distribute their tokens, leveraging its best-in-class, gamified system to engage the IAM community and incentivize them to earn $IAM. On P00LS, users can earn, buy and sell creator tokens.

P00LS is a decentralized protocol, built and governed by holders of $00, the governance token for the P00LS ecosystem.

Through the P00LS launchpad, fans, followers and members of the IAM community can earn free $IAM tokens by, for example:

  • Sharing information about IAM’s music, content and the $IAM token on social media
  • Learning more about IAM’s vision and subscribing to the IAM newsletter
  • Inviting others to earn $IAM

For a few months, the token will only be available for people to earn it for free through the P00LS launchpad. Members of the community will have the opportunity to show their engagement and be rewarded for it. This period is called the genesis launch. Once the genesis launch period ends, $IAM will be listed and made available for trading on the zerozero Marketplace in 2023.

2. $IAM Use Cases

Earning and acquiring $IAM tokens means taking part in a journey to discover more about IAM’s universe. Each $IAM use case allows you to get closer to IAM and their community.

The value of the $IAM token is linked directly to supply and demand. $IAM tokens are held by all the members of IAM’s community. Demand of the $IAM token is generated through the use cases IAM members share with their community: the more relevant use cases, the more demand, the higher the value of $IAM. The following use cases will be deployed from launch, and are subject to change as the $IAM community grows and evolves.

IAM will regularly elevate the most engaged members of their community, meaning those holding the most tokens, and offer them special recognition and access.

A. Content

After the official launch on March 2022, $IAM token holders were given access to exclusive content from IAM to fully immerse themselves in their creative universe.

This includes exclusive music, behind-the-scenes content, IAM merchandise and other related content. Those holding the most $IAM tokens will have access to some of the group’s new music before their official release.

More details will be revealed on IAM and P00LS’ socials and Discord in the coming months.

2. $IAM Use Cases

Earning and acquiring $IAM tokens means taking part in a journey to discover more about IAM’s universe. Each $IAM use case allows you to get closer to IAM and their community.

The value of the $IAM token is linked directly to supply and demand. $IAM tokens are held by all the members of IAM’s community. Demand of the $IAM token is generated through the use cases IAM members share with their community: the more relevant use cases, the more demand, the higher the value of $IAM. The following use cases will be deployed from launch, and are subject to change as the $IAM community grows and evolves.

IAM will regularly elevate the most engaged members of their community, meaning those holding the most tokens, and offer them special recognition and access.

B. Access & Experiences

The $IAM token is a deep dive into IAM’s universe, granting exclusive access to experiences within IAM’s community in real life, the digital space and the metaverse. 

$IAM tokens give access to a series of exclusive experiences. Token holders will be able to attend rehearsals, studio sessions or backstage concerts, along with other VIP events.

More details will be revealed on IAM’s Instagram and Discord in the coming months. 

3. $IAM Economics

A. Distribution

$IAM is an ERC-20 token on the Ethereum Blockchain to allow for composability with the broader ecosystem. The total supply of the $IAM token is 100,000,000 and is set to be completely distributed over a five year period.

The rate at which $IAM is distributed will decrease over the next five years to incentivize and reward early $IAM token holders.

3. $IAM Economics

B. Allocation

The $IAM token is distributed to IAM as a creator, IAM’s community members such as fans and followers, key partners in IAM’s ecosystem and those engaging with IAM in DeFi.

The allocation structure of the $IAM token is as follows:

Creator

The IAM team will receive 10% of the total supply of the creator token $IAM. This allocation of tokens will be vested linearly within a five year schedule from issuance. Creator allocations can be used as the creator desires.

Creator Ecosystem

The ecosystem surrounding the creator including key partners and companies will receive an allocation of tokens in order to integrate the token into their services and build its utility.

Airdrop to Community

Fans can earn $IAM tokens on p00ls.io by completing certain actions on the P00LS launchpad. Incentive mechanisms to earn tokens will change over time and new token drops will be announced on the P00LS launchpad. Other earning mechanisms will be introduced in the future. 

Community Treasury

$IAM token holders will have access to a treasury of $IAM coins. $IAM holders will be able to vote with their token on how this treasury is put to use. This treasury will be used to incentivize community growth and positive behaviors within the $IAM community. 

Launch Partners

$IAM token will be allocated in part to the launch partners for the token, including P00LS.

Liquidity

$IAM token will be used to create an initial liquidity pool for $IAM on the zerozero DEX and to provide liquidity on centralized exchanges.

3. $IAM Economics

C. Timeline

1. Genesis Drop

A genesis drop for $IAM took place in March 2022 on  https://launchpad.P00LS.io/.

At this stage, anyone is able to earn $IAM tokens for free by tweeting, posting on Instagram and learning things about IAM and its purpose among other actions. These tokens will be held in the launchpad by P00LS for earners until token minting.

2. Token Minting: Early 2023

$IAM will be minted a few months after the first drops, and those who have earned $IAM will be able to claim their tokens directly from P00LS through an airdrop mechanism. Once minted, the tokens will grant access to exclusivity to the $IAM ecosystem in Web3.

3. Marketplace Launch: 2023

The $IAM token will be added to the zerozero DEX in 2023. Earners of $IAM will create a liquidity pool through an auction mechanism with $00. A portion of $IAM supply will be given to investors in exchange for an amount of $00, which will be used to create the initial $IAM/00 liquidity pool on the DEX.

4. Post-Marketplace Launch

After listing on the zerozero marketplace, $IAM will become the currency of the IAM ecosystem. Major holders of $IAM will have the greatest access to IAM content, perks, events and more.

Launchpad drops and new incentives will take place frequently on the P00LS launchpad and tokens will be up for grabs for anyone. IAM’s Community Treasury allocation will be distributed linearly over the course of the issuance period. Any DeFi incentives such as staking will be decided by the community and will take effect on the zerozero DEX for the determined period.

IN THIS WHITEPAPER

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En este Informe técnico

DANS CE LIVRE BLANC

1. The $IAM TokenA. About IAM
1. The $IAM TokenB. What is the $IAM token
1. The $IAM TokenC. P00LS x $IAM
2. $IAM Use CasesA. Content
2. $IAM Use CasesB. Access & Experiences
3. $IAM EconomicsA. Distribution
3. $IAM EconomicsB. Allocation
3. $IAM EconomicsC. Timeline