$IMT – 1M marketcap – Mobile Idle RPG – #1 KR app store just weeks ago – 500% effective APR staking

Hey guys.

Just typing the Title makes me slightly cringe by how scammy it sounds with the massive APR and all.

But I’m not kidding. It is genuinelly pretty very well made. They are developing new stuff fast. The game runs decently well optimized. At least my phone isn’t overheating playing the game (which is pretty common in the crypto space mobile games…). And yeah I’m not kidding but they were literally #1 game in KR appstore in some game genre. They made their own announcement about this and gave some nice in-game rewards following that one.

You have weekly leaderboards in-game where you can win even more $IMT but honestly if you are solely interested in making $ you don’t even need to play the game. You need an in-game account to be able to stake though but you can literally stop playing in the first minutes to the tutorial.

Okay so now let’s move to the ridiculous 500% “effective” APR staking. Why I use the word “effective” here is because if you go the site you can see something like 60% APR. (which is already absolutely massive) But then there is this whole another feature of opening loot boxes with staking keys. Basically based on # of $IMT staked you get these staking keys every day. Max being 300 at 50000 $IMT. These keys each give you anything between 1-10000 $IMT. Though don’t get too excited. 99% of the keys give you 1 $IMT. But it doesn’t even matter. Depositting 50000 $IMT and getting the very minimum of 300 $IMT every day from staking keys on top of the 60% APR is already going to result in something like 300% effective APR. The thing is that you can re-stake those rewards every single day. Yeah jaw-dropping stuff.

I have no idea how long this will last but it is truly an insane deal right now. Real project with a thriwing competitive player-base with a ridiculously small 1M marketcap with absolutely bonkers staking APR.

If I had to guess why the price is still so low is that many people are selling their staking earnings instead of re-staking and because the project is on top of Immutable Play which is simply not as popular as other chains such as Solana or Ronin. But things are happening as we speak and the chain is also gaining more and more popularity as we speak. $IMT is also listed in some CEXes so it’s not like bridging funds to Immutable Passport if the only way to buy this token.

Ask freely 🙂