Intex Resources + Harmonychain = First ICO backed with real assets?

in #cryptocurrency7 years ago (edited)

Intex Resources - intexresources.com informed today that they will create a joint venture with Harmonychain - harmonychain.com to back the new coin with real assets thru Mether™ the Iron backed Metal-Ether.

More information in the press release found here:
http://www.newsweb.no/newsweb/attachment.do?name=Intex+-+Press+release+27+October.pdf&attId=168295

Symbol Ticker: MTH
Number of Mether™: 21 000 000

From harmonychain.com

Because of Asset Backing by a Stock Exchange Listed company, it could function as a stable Asset Backed crypto currency.

ethplorer.io for the Token.

We can see two holders
https://ethplorer.io/address/0x6fb961a3e3518e362ada50e30c3ee7af21ca880d
and
https://ethplorer.io/address/0xe08995421b89b2f94efbbf2143a9b3ff6859399d
Containing a lot of other stuff like STEEL and FISH.

Is this the future of crypto?

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