Through strategic partnerships with natural-resource companies and firms with other tangible assets, Infinigon Group is creating a new category of digital currency backed by fungible assets embedded directly into the digital currency.
Our inaugural partnership is with the Canada Chrome Corporation. We will facilitate the issuance of CCC's digital token, the Ferro. To create the Ferro, two distinct reserves will be allocated and embedded in the digital token. With the smart contract, the gradual release of funds will occur upon delivery of contained chrome into storage, from future production from deposits.
The crucial reserve component of the Ferro will be the value-equivalent of ferrochromite in terms of Ethers, held as an embedded reserve, and will serve as security for the holders of the Ferros.