ID Money: ICO Review
IDMoney’s mission is to create a new governance model and free, distributed blockchain wallet to integrate crypto and self–sovereign virtual personality to enhance local development and citizens’ empowerment. Uniquely, this model and wallet will be public, social and global: public because local governments will be implementors and owners of all results; social because local governments will use these results for socio-economic development and citizens’ empowerment, giving everyone the chance to create wealth for themselves, while 20% of crypto tokens’ value will reach directly people in poverty; global because people from across the world will collaborate to build IDMoney, setting the base for a global government community and decentralized multi-government crypto.
How does the project create value to the ecosystem and differs from competing projects – Promotes a new trend of social and public crypto, while protects and empowers people, their data and their virtual personality rights.
It is expected that the creation of the new governance model and free, distributed blockchain wallet will be completed in a period of 3 years from the moment the ICO of 35 millions of IDM crypto tokens is concluded. At the end of these 3 years, the ownership of IDMoney corporation will be transferred in equal shares to three local governments selected half-way (18 months) for their commitment to pilot the implementation of IDM results (with the backing of the IDM team) for the purpose of socio-economic development and citizens’ empowerment. Twenty percent of the total value of IDMoney’scrypto tokens (7 million tokens) will reach directly the local governments’ citizens living in poverty. Most importantly, by testing, validating and improving the new governance model and blockchain software, these local governments will have the opportunity to become de facto leaders of the emerging global government community offering a decentralized multi-government crypto with self-sovereign virtual personality for citizens. Certainly, they will not be tasked with the creation of the global government community but their experience will be a strong stimulus for others to follow. The responsibility for stimulating the emergence of the global government community will fall to another organization: GLOBAL MONEY!
Incorporated company’s country – Costa Rica
Website link – idmoney.io
Token Utility/Function:
The token gives you access to IDMoney Game App, this allows users -among several options- to participate in the election of the local governments that will receive IDMONEYs benefits, access to all of cryptoland.tv resources, and to apply for rewards up to (400) ETH and (100,000) IDM through playing and collaborating in the municipality selection process.
The name of your legal counsellor or law firm (not published, only used to vet projects) – Legal Labs, Jhonatan Sequeira
FOR TIPS ETHEREUM ADDRESS :0x5e2c20CEe241F76D471fF2e1ec014A3BF76b399C
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