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.