# Initial Marketplace Offering

{% hint style="info" %}
**IMO is not deployable for non-DAO users**
{% endhint %}

**Only DAO-Member Ringmasters** can deploy IMOs for their own marketplace contracts. It gives their community a chance to become shareholder of the marketplace and receive redistributed sales from ringmaster's marketplace commission

**Initial Marketplace Offering** is only available for marketplace contracts that are deployed with an EIP20 Standard variant, as the owner of the contract can issue tokens to the launchpad contract for token offering

**For Deployed Marketplaces**, we will create an onboarding process on setting up their marketplace launchpad offering to their community in few easy clicks. The process includes determining the total supply of the marketplace token, the token currency to use to directly swap the tokens, the price of the token, the start and expiration of the crowdfunding opportunity, this includes referral configuration for referring participants


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