Redefining how people connect in the digital age: Enzym IDO on Spores Launchpad!

5 min readJun 9, 2024

Prepare yourself to unlock the limitless potential of the upcoming Enzym IDO on 19th June!

Enzym is the first decentralized social network created by a real-life game. This innovative approach addresses the isolation often caused by traditional social networks by promoting face-to-face interactions.

Enzym aims to become a transparent and decentralized application based on the Ethereum blockchain.

🔷 Enzym Key Features

Offline-First Social Chain

Small Social Chain: A peer-to-peer (P2P) network of smartphones, which can function offline. Transactions are declared once a node has internet access.
Global Social Chain: Users can transition between different Small Social Chains through missions and games, enabling data delivery across the network.
Eventual Consistency: Transactions are eventually synchronized when internet access is available.

ZYM Token

The ZYM token is an ERC-20 token used within the Enzym ecosystem. Actions within the app require ZYM, and players can earn ZYM through participation.
Earning Tokens: Users earn ZYM by meeting in real life, validating meet-ups with QR codes, and participating in challenges.
Rewards: Users receive rewards for relaying data, with higher rewards for those who move frequently between locations.

Social Features

NFT Selfies: Physical meetings are validated via QR codes and immortalized through selfies certified by NFTs, creating a unique proof of interaction.
Building Networks: Players can share media, send ZYM tokens, create events, and engage in mini-games to expand their social network.

Security and Privacy

End-to-end encryption ensures the privacy of private content.
Self-moderation mechanisms help maintain a reputable behavior within the network.

🔷 Enzym IDO Timeline

VIP Round: June 19 2024, 10:00 (UTC) => June 20, 10:00 UTC (24 hours)
Triple Quota: June 20, 10:00 UTC => June 20, 11:00 UTC (1 hour)
FCFS Round: June 20, 11:00 UTC => June 21, 11:00 UTC (24 hours)

🔷 Enzym IDO Details

Token Name: Enzym
Token Symbol: $ZYM
Total Raise: $175,000
Chain: Ethereum
Refund mechanism: 24h Secured
Initial Supply: 5,330,386,186 ZYM
Initial Market Cap: $47,500
Total Supply: 100,000,000,000
IDO Price: $0.0000203828
Vesting Schedule: 10% TGE, 80 days cliff, 90 days linear (1% per day)

🔷 How to Join Enzym IDO

Step 1: Register for the IDO. To be eligible for IDO participation, please click this link: https://launchpad.spores.app/ido/enzym-ido
Step 2: Receive Email Confirmation. After the whitelist closing time, Spores Network will notify you of your Tier Confirmation at least 12 hours before the sale.

🔷 UX/UI

🔷 Enzym Tokenomics

1ST PHASE — ZYM DB

This version allows Enzym team to test player behavior and the use of ZYMs when inserted into events with a critical mass. As of 15 January 2024, 895,947 ZYM Db have been distributed on the Enzym application. These ZYM Db are not fungible. There is a cross-over period of 3 months so the holders can transfer them to fungible ZYMs (ERC20).

Each message costs 1 Z.

Each meeting completed as part of a mission is rewarded with a prize of 70 Z for the 2 players.

As ZYMs can’t yet be used to purchase goods and services, meetings are also rewarded with gift vouchers valid at partner venues.

Friendship between 2 players freezes away 1 ZYM per player, which is returned to them as a deposit if the friendship is broken.

2ND PHASE: AFTER THE ICO/IDO, A VALUABLE ZYM — ZYM

ZYM will be gradually rolled out through trusted third parties such as Ambassadors and partner venues.

Ambassadors and venues will receive ZYMs each time they validate a new player by scanning a QR code. In this way, ZYMs will be distributed by people that Enzym has identified as authentic.

The batch of ZYMs distributed to new players is dedicated to community development (45% of the total). It will be regulated by a Smart Contract that will unlock 5% per year.

3RD PHASE: DECENTRALIZATION OF CERTAIN FUNCTIONS

Enzym will be able to operate with a very limited Internet connection, with phones communicating with each other within a 100-meter radius and ZYMs being exchanged using peer-to-peer (P2P) technology with no intermediaries.

Players will be able to choose whether to use the geolocation functions or to use the application in a decentralized way.

🔷 Enzym Team

🔷 Advisors

🔷 Partners & Backers

🔷 Roadmap

Enzym Official Links:

About Spores

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