Rothschild Family Doesn’t Seem To Be Involved With The Mysterious IMMO Project

A few months ago the IMMO project was at the center of the conversation in the crypto space. It had especially gained attention because of rumors associating the Rothchild foundation and them.

However, Gabriel Brack, an IMMO Evangelist dismissed the rumors.

“I can unequivocally say that the involvement of the Rothschild family in the creation of IMMO is purely speculative. We do not want the community to spread information that is known as false. The speculation about the project is completely out of control, it's time to silence all the voices,” said Brack.

Although, the accounts can’t be trusted because of Brack himself is not an unbiased source. He had been a trustee and Rothschild family trust protector for over 10 years. From 1988 to 2008, Mr. Brack worked at the Rothschild group, where for more than 10 years he was the General Manager of the Family Office and his responsibilities included managing the employees of the family office, responsibility for all portfolios management and treasury decisions, and management of a company pension fund and real estate portfolios. He has also set up various business companies and especially a Swiss asset manager for which he received the license from the Swiss regulator FINMA.

Mr. Gabriel Brack serves as the Chief Executive Officer at Watamar Asset Management AG. He joined Watamar Group in 2009 and is responsible for all aspects of investment management, product development, and research activities focused on institutional clients, banks, wealth management companies, and family offices.

“The cryptocurrency market is undergoing a crisis of trust, and this is primarily due to the fact that crypto-projects create a lot of hype, but do not fulfill their promises. The transformation of the market has led to the fact that investors have become more selective in relation to blockchain-start-ups. A strong and experienced team, and a viable and well-developed product – that's what serious investors are paying attention to today,” added Gabriel.

The project was meant to be a reserve crypto that was secured by valuable resources. The team at IMMO plan to gather High1000 – a decentralized cryptocurrency community consisting of experts and evangelists. 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.