IMMO Intrinsic Value Token & High 1000 Team Project Details Leaked

The leaked Details Of IMMO

Have you heard about IMMO? This has been a secretive project whose details have been making people considerably curious around the crypto world. While important figures of the community like the legend Vitalik Buterin, Lng Wong, Tim Draper, Simon Cocking and many other experts have already voiced their opinions on the project, not a lot has been officially revealed.

This Has Recently Changed With A Major IMMO Information Leak

The project was completely surrounded by a major wall of secrecy, but it looks like the veil has been lifted from the IMMO project and now we are able to verify the first official information about this new project. According to the leaked documents, IMMO has developed a way to bound stable crypto assets with real assets.

This will be important as a way to give intrinsic value to the tokens and back them by using resources of the IMMO Foundation. The acquisition of these assets will be carried out by the IMMO Foundation via a trust fiduciary relationship. There still some unanswered questions about how this traditional economic model with play along with the blockchain tech.

However, the legal framework has been approved, which certainly mitigates a big part of the risk for the investors. The company intends to become one of the world’s reserve cryptocurrencies and not to depend on technology, time and even the interests of the investors. According to the reports, the DAO will be fully responsible for the functioning of this system.

The High 1000

The IMMO will be controlled by a sort of a council called the “High 1000”. These will be thousands of people among the most respected experts and most important members of the community. The members of this community will have the right to vote on the most important decisions that will be taken by the foundation and will jointly decide its future and its development.

While the team of creators and developers of the IMMO Foundation still remains a secret, some members of the council can already be found on LinkedIn. Some links go to the Rothschilds family but there is no information that proves or disproves that affirmation. This way, it is still impossible to know who will be on top of the company.

The company is still very secretive about this project and no official information other than these leaks have been found so far. However, information spreads fast, so it should not be a surprise if some of the rumors circulating the web tend to be the truth in the end.

A new big player will emerge in the market. This we know. How will it work? We have some idea now. Who will be in it? Still only speculation. Follow our blog to know the development of the situation as soon as more information is available.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,511FansLike
2,795FollowersFollow
4,272FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

DeFi Growth & Stablecoin Surge Most Bullish Crypto Development: DCG State of Crypto 2020 Survey

39% of the respondents that involve 150 portfolio companies see DeFi as the most bullish crypto development of 2020, as per the DCG Founders...

Non-Custodial Bitcoin Exchange, Hodl Hodl, Launches Lending Service Without KYC

Hodl Hodl, a non-custodial Bitcoin exchange, is launching a KYC-free lending product for its customers. The exchange claims that its lending product would be...

Total Value Locked in Harvest Finance Surpasses $1 Billion, Up 366,200% Since September

Decentralized platform Harvest Finance that provides users a way to farm assets for the highest yields now has more than a billion dollars in...

Strong Institutional Demand for Bitcoin, CME Becomes Second Largest BTC Futures Market

Bitcoin's price made a big shift this week as the bulls gained control of the market and pushed it past $13,000. A similar shift has...

PoolTogether's ‘No Loss' Gambling Platform Utilizes Chainlink’s VRF on Ethereum to Select Winners

Chainlink announces its verifiable random function on the Ethereum mainnet, bringing a host of benefits to the decentralized platform. PoolTogether, a gamified savings platform...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today