Hello everyone, as you may have noticed, almost all of DeCash’s liquidity has been withdrawn (in the form of token sales) but don’t worry, the transition is on its way ! All the information will be given below.
To go back to what happened these last few weeks, Thiago and I decided that it would be better to focus on our own projects, he on SWISS and the development of swiss.swap in particular and I on DeCash, a project that is dear to my heart and whose community is dear to me.
Concerning DeCash, we took the bet to invest on ETH with leverage. It was a risky bet but it was the only solution to allow the fund to recover. Unfortunately, the fund lost all its value during a big correction. Thus, since the fundamental of DeCash, namely an asset with intrinsic value linked to an investment fund, could not develop, this marks the end of the DeCash project. What could be an end in itself is actually a sign of renewal for something better!
After a lot of hard work in the background, we are pleased to present the IMO project. This is not a sequel to DeCash but a new project with a new team that is highly motivated by an ambitious project and aims for long-term growth. The 100% of the DESH that were sold today will be used to build up the initial liquidity of IMO (plus private funds). A portion of IMO’s supply will be returned to DESH holders, in proportion to what they owned before DeCash was discontinued. We invite you to fill in your details at the following link to receive IMO tokens after the launch of IMO:
AIRDROP IMO : https://forms.gle/UqP1SXFVG8fXzFrF9
DESH and SWISS FARMING : https://forms.gle/mum2xcm6mTP8vvFi7
DESH EXCHANGE : https://forms.gle/b43PTjcc6AXXH6Uy6
But what is IMO ?
IMO is a simple, modern and intuitive way to invest in real estate. The project aims to allow individuals to benefit from monthly passive income, regardless of the amount invested and without having to provide any equity. The democratization and expansion of the IMO token will contribute to the growth of the company, of the properties owned and thus of the income paid out.
Each month, the rental income collected on the properties owned by the IMO company will be reinjected into the ecosystem in the form of the purchase of the IMO token. The tokens thus purchased will then be automatically paid out to all IMO crypto-currency owners in proportion to the amount held by each.
Thus, owning IMO tokens will allow you to collect passive income and this without having to provide any equity or maintenance on the assets.
You can already visit imo-invest.com (available in English and French) to find useful information and read the whitepaper available from the website or at this address: https://imo-invest.com/docs/IMO_Whitepaper.pdf
You can also join the following Telegram channel : https://t.me/IMO_Invest
The IMO token will be launched on the Binance Smart Chain (BSC), especially because of the excessive fees on the Ethereum network.
Although the decision to stop DeCash was not an easy one, we believe that it is the best decision to make and that all holders will come out ahead of a project whose fundamentals could not keep up (DeCash). The satisfaction of the community is a point that really counts for us and motivates us in our choices.
https://twitter.com/imo__invest/
Medium
https://medium.com/@IMO-Invest
