Decentralized Autonomous Organization (DAO) projects, UNISWAP (UNI), and Solana (SOL) are known to have done numbers since their launch. UNI was launched at a token price of slightly under $2.80, reaching a high of $5.80 in only 24 hours. Between 2020 and now, it has reached an all-time high of $44.97, giving investors great returns. The same can be said of SOL which launched at $0.05 and has experienced an all-time high of up to $250.06. Now there is a new boy in town, Immunicorn, ready to give investors a run for their money. The question is can it go as high as UNI and SOL, or even surpass them?
Immunicorn Finance (IMU)
Innumicorn Finance is a new decentralized reserve currency built on the BNB chain. It was created to bring forth a new dynamic of well-thought-out economic and game theories into the blockchain market, using minting and staking.
Its token, IMU, is a BEP20 token set to presale soon. This token has been carefully crafted to serve as a significant core of the Immunicorn ecosystem. It is expected to improve the functionality of the ecosystem and the operation that the users and investors will carry out within the platform.
IMU as a DAO Project
A DAO project is run by an organization controlled or governed by a group of people through the blockchain. Rather than have a central government, the organization is maintained by members of the community who give members and holders good opportunities to invest and earn good returns. They provide access to unique tokens which allow people to vote and make decisions when necessary.
Unlike a traditional organization, governance is guided by the contract on the chain. Therefore, there is transparency, and no member is left out of crucial decision-making. UNISWAP (UNI) is one such project that is DAO. In fact, it is the most popular decentralized crypto exchange globally. Since its launch, the volume and membership at Uniswap has undergone significant growth. Like UNI, IMU is also a product of a decentralized project. On launch, it is expected to utilize its users with a higher level of decentralization which was until now unattainable.
IMU as an Innovative Fast Growing Project
Solana is one of the fastest-growing cryptocurrencies, and it is known to utilize the proof-of-stake and proof-of-history consensus mechanism. It is an innovative network that is highly functional and utilizes blockchain’s permissionless nature to provide decentralized finance solutions. It facilitates decentralized app (dApp) creation and provides improved scalability. All of these are also exhibited in the Immunicorn, which uses the proof of stake consensus mechanism that BNB enables. Furthermore, it plans to utilize an innovative style to achieve a world in which the crypto world can remove itself entirely from the bounds of traditional financing. Hence, giving it an edge as a future-oriented decentralized reserve currency.
Immunicorn Finance (IMU)