For the previous a number of months the cryptocurrency network has been discussing the IMMO reserve cryptocurrency undertaking. At other instances, in a single or differently IMMO subjects involving influential personalities as Vitalik Buterin, Lon Wong, Jimmy Song, Tim Draper, Simon Cocking and different consultants have been popping out. According to a few media studies, some of the staff of G20 monetary ministries also are tracking the construction of IMMO.
What is so abnormal about IMMO that has attracted the consideration of such a lot of influential consultants and has turn out to be a subject matter of dialogue at the degree of finance ministries? Until not too long ago, this may have best been guessed. But due to a newly leaked interior report, we’ve the alternative to be informed some information about the mysterious undertaking. The IMMO undertaking is a reserve cryptocurrency, which is mainly secured via treasured assets. This, alternatively, may finish: some other competitor of the fiduciary financial device, which desires to show the international the wrong way up and determine its order. To permit the slightest luck in the implementation of the goals of IMMO can be unimaginable, if no longer for one truth…
Management and construction of IMMO will accumulate Prime1000 – a decentralized cryptocurrency network consisting of consultants and evangelists
As it turned into recognized from the printed report, the primary governing frame of IMMO shall be Prime1000. Prime1000 will vote for sure adjustments in IMMO, being the guarantor of the rights of all buyers in the undertaking. Members of this network will obtain bonuses relying on their degree of involvement and consciousness of the undertaking. But it isn’t really easy to get into Prime1000, as best present participants can procedure and approve incoming programs and that is imaginable provided that sure standards are met.
Is this network no longer to be had for bizarre mortals of the cryptocurrency international? Or Prime1000’s function in the idea of IMMO has inflated and the authority of its participants is exaggerated? I’m going to determine solutions to these questions empirically, via going via all the procedures which can be prerequisite to sign up for and get a definite rank inside the Prime1000.
Step one: Filling the Application Form
It used to be no longer too tough to search out a minimum of some lines resulting in IMMO. Even previous to my analysis, an organization referred to as IMMO.FOUNDATION with headquarters in Prague, Czech Republic, might be discovered on ConnectedIn. The corporate description contained a link that leads to a website the place an software for the Prime1000 club can also be submitted.
White emblem and textual content on a black background: easy, strict and with none needless phrases
Within a couple of mins, I stuffed the software shape, which consisted of 15 steps. The first 3 questions requested me to specify my title and a surname, present profession, and enjoy in the box of cryptocurrencies. The fourth query, alternatively, were given me pondering:
Question four: Never prior to have I assumed that I’ve finished one thing nice for the cryptocurrency marketplace: can my articles printed in more than a few crypto-media be perceived as an success? Subjectively.
In addition to other people unfamiliar with the main points of the undertaking, there are possibly those that come to a decision to go away the platform with out soliciting for to sign up for the Prime1000 after studying the reliable paperwork of IMMO. I, the crypto-noob, am familiar best with the knowledge that has leaked into the public area.
Question five: The maximum mysterious undertaking asks me if I’m accustomed to the main points of their thriller. At first I assumed it used to be a comic story.
The 6th query used to be the first ray of hope on this questionnaire. As it grew to become out, one can sign up for the Prime1000 best via consultants and evangelists which can be already section of the crew. Perhaps as a significant investor or a well-liked opinion chief, you’ll be able to e book a spot in the IMMO network. Even if you don’t are compatible into any of the discussed classes, you’ll be able to be offering a singular contribution to the undertaking and give an explanation for what’s it that you’ll be able to give a contribution with via ticking the line “Other”.
Question 6: it seems that there are a number of roles of Prime1000 individuals: Investor, Influencer, Advisor and PR.
It is logical to suppose that your possibilities of acceptance in the IMMO Prime1000 build up if you’re really helpful via one of the these days present participants. Unfortunately, I have no idea any of them in my view.
Question eight: in the crypto-community, we all know every different, and if you happen to have no idea any of the participants of the Prime1000-you are an interloper.
Step two: Study of Official Documents
Eight and a part hours once I completed filling out the software shape, I gained an e mail from [email protected] I used to be presented to learn the reliable paperwork: IMMO Essence and IMMO Code.
It is noteworthy that IMMO makes use of the abnormal terminology of Essence, Code, and Manifest for the title of its paperwork.
IMMO Essence – what is known as a One-Pager. This report grew to become out to be the supply of knowledge that used to be leaked final month. But best this time, considerably additional info has been published to me: four pages of the report describe the key options of IMMO, its felony construction, the tokenomics, and the Prime1000 network total. “World reserve cryptocurrency secured by intrinsic values” – this inscription is situated at the backside of the first sheet. Here but yet another exceptional truth: “legally backed by Deloitte”.
The knowledge that opens the 2nd web page of the report is an immediate affirmation of fresh rumors that IMMO is mainly a standard device of fiduciary family members – accept as true with.
The scheme describes the interplay of PARTICIPANTS of the IMMO ecosystem
The 3rd web page of the report describes the IMMO token physics, and the fourth web page is dedicated to the IMMO Prime1000. In the phase — Prime1000, I turned into conscious of the undeniable fact that the base of hundreds of individuals can be clear and publicly to be had. Participants could have the proper to vote in addition to the proper to buy a token in every distribution spherical at the very best worth. 10% of all emitted tokens shall be airdropped only throughout Prime1000 participants.
IMMO Prime1000 Code is a 15-page report that describes the laws, rights/privileges and choice standards of club into the Prime1000. As it turned into recognized from this report, Prime1000 individuals are divided into four classes: IMMO Evangelists, IMMO Investors, 101-300 and 301-1000. Each crew has its personal distinctive variety standards, advantages, and necessities. For instance, that is the requirement for accession in the maximum decent crew:
– Be the speaker at the biggest crypto-conferences (Blockshow, Consensus, Devcon3 and many others.)).
– Rated inside the Top-50 on crypto websites
– Adviser or the first particular person of technological, monetary or crypto firms or start-u.s.preaching an leading edge strategy to industry.
– A great amount of fans throughout social networks.
Step 3: Filling out a Second Application Form
I already concept that I used to be forgotten, however after three days I gained but some other letter from the similar e mail cope with:
I used to be presented to fill out the 2nd shape after I’ve studied the paperwork I used to be despatched to review
I used to be re-acquainted with the section of the Prime1000 Code, then needed to establish a gaggle I want to belong to. Of route, it’s logical one would goal the Evangelists crew. I needed to turn out and justify why do I want to belong to this particular crew.
With every query in the software my possibilities have been diminished:
Question 6: “Please specify what crypto conferences have you already spoken at. At what conferences will you been speaking this year?”
Question 7: ” Are you on the record of best consultants on any crypto scores (ICOBench, ICODrops and many others.)?”
Question eight: “Have you ever been an advisor?”
Question nine: “Do you have a large community of followers across social networks or other media sources?”
If I have been in a crypto-party, the final query can be a lifeline to me: “do you have recommendations from existing members of High1000?” For instance, as a tender and really formidable journalist who has simply began attaining remarkable heights, however is already accustomed to a bunch of crypto-experts, I may get a spot in Prime1000. But I’m no longer in the social gathering, and I’m no longer really helpful.
Let me solution the query that I’ve requested previous in the name: coming into the Prime1000 isn’t that straightforward. You will have to no longer be expecting that your software shall be authorized if you happen to wouldn’t have reputation and deserves in crypto network. In order to get into a major network arrange for and via severe guys, one has to head via a major variety procedure
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