Since the beginning of crypto, it has improved a lot. As crypto got more popular, many people started to use blockchain technology in various places and integrate the blockchain into an already existing platform. Blockchain has the power and potential of doing many things. As the day passed, many brilliant ideas were created out of blockchain and how to utilize this in a more convenient way. One of the best changeS blockchain has done to us is financial change. This time, blockchain is going to take this to a different level.
Introduction to INGOT
As the man started to understand the power of blockchain, revolutionary ideas were born. And out of all these, INGOT is one of them. INGOT wants to bring a change in our finance in our daily life and how we use our financial power.
INGOT is a blockchain based project made with the aim to remove any inefficiencies in our financial world and not only that, create a unique ecosystem which will provide many benefits and help people deal with their finance in a more convenient way. INGOT has seen many insufficiencies in our financial. That's from where INGOT project was born.
INGOT vision is to create a new ecosystem for people involved in financial activities and make crypto more suitable to our current world. INGOT will be the one-stop for people for many kinds of social activities which will provide them the service people wanted for a long time in a single platform and of course everything will be very secure. To execute various orders, they will use Smart Contract and to provide the security, the blockchain is here. They want to make crypto more acceptable all around the world.
Current Finance Market, Crypto and its insufficiencies
Our current traditional finance market consists of finance, investing, trading and some other works. Even after only these few tasks, some problems and insufficiencies exist. The risk, lack of transparency, security, fees, and many other problems keeping many people from investing and not getting into the major part of the financial market. On the other side, crypto is not even accepted in many parts of our world. Many people think crypto is very risky and requires professionalism to handle. Our finance market is not accepting crypto and it's keeping it from reaching its highest peak. Crypto and Financial Market are not in harmony. Some of the most common problems between these are described below.
Harmony
Crypto wants to enter the financial market but our current market won't accept crypto as many people don't trust crypto and it is not accepted in many places on earth. This disharmony is keeping both of them from shining. There are big players on both sides of the market. Investors are always looking for diversity. The lack of connection between traditional market and crypto keeping many people from investing in crypto as they fear of liquidity and acceptance. Sometimes it even leads to stuck funds and loss.
Structure
The current financial market structure is complex and sometimes very time-consuming. In finance market, time is the most valuable tool one can have around. Some procedures such as KYC takes away much valuable time and sometimes even keep people from making entering the market. Such Outdated structure like this is what keeping the market from shining.
Fees
Financial Market means the fee. Every financial company such as banks, brokerage firms are taking a large number of fees for trading from investors. This rules and system make this very unattractive to many people because the risk is too much and it might even lead to a loss.
Crypto Market
The risk in crypto is high. Crypto is very volatile and such changing has a huge impact on the market. When the market drops, people face their inability of liquidity and the huge fees are their partner. The bad connection between the financial market and crypto makes a bad impression on many investors and faces inconvenience. After that people still don't trust crypto so much. The risk and ever-changing nature have made crypto very risky. Liquidity is so far the biggest problem.
INGOT Solution and Ecosystem
INGOT wants to create an ecosystem which will connect both traditional financial system and also the crypto market and remove the inconvenience found in both sides. INGOT ecosystem is made in six layers and is well thought. This ecosystem is ready to connect both of them.
IC Wallet
The starting point is to create a wallet for storing crypto. The IC Wallet will be a wallet to store different cryptocurrencies. This will be a very secure wallet to store assets and will have the option of cold storage. Sending and receiving the most basic of wallet and extra added is it will be connected with IC Digital Bank.
IC Exchange
The IC Exchange will be integrated into the IC Wallet. IC Exchange is a crypto exchange or trading platform. By setting the IC Exchange with IC Wallet they are creating a place with a cold storage option with also the power to exchange assets both in one place. The exchange will have many cryptocurrencies listed so the trading can be easier and efficient.
IC Brokerage
The IC Brokerage is a big step for the INGOT ecosystem. This is the place where liquidity will happen. It gives one the opportunity to exchange crypto, fiat to commodities. It will also be integrated with the IC Wallet and IC Exchange. It can help one investor to get the assets they desire.
IC Digital Bank
For payment processing across the whole platform, IC Digital Bank is here. It will provide autonomous payments and make it secure and more reliable and also make the whole ecosystem work. It will be connected with the other platforms too.
IC Crypto Certifier
This platform is to provide the knowledge one needs to understand the blockchain. It will have up-to date educational system and variety of courses such as consultation, cryptography and many more. There's still many people who are unaware of how crypto works. To be successful on this side, blockchain learning is important. If one completes the course and successfully graduate, he will receive a certificate.
IC ICO Accelerator
IC ICO Accelerator is for different innovative and promising projects. This part of the ecosystem will provide projects the services they need to go on. Services include all the essential part of an ICO such as marketing and whitepaper. This is also a way to list tokens on IC Exchange.
This is the complete ecosystem of INGOT and the perfect way to connect both world together in a harmony. This is the ecosystem. Except these, there will also be many other benefits. Get more information about this here: https://www.ingotcoin.io/
Roadmap
Team
IC Token
INGOT token name will be IC. IC is hybrid token. Both security and utility token. For this, it is a very unique token. ICO or Token sale will be held to raise the fund needed to make this project a reality. More information about the token is available here: https://www.ingotcoin.io/
Here's some information about INGOT ICO
• Token Symbol: IC
• Token Protocol: Ethereum
• Total Supply: 120,000,000
• Token Price: $1
• Soft Cap: 40,000,000
• Hard Cap: 90,000,000
Conclusion
INGOT ecosystem has much potential. If they are successfully able to make this platform complete, it will be revolutionary. It will connect both side with one platform and in the end, benefitting both world. It will increase the value of both side market and benefits each other, making a harmony between both side and making crypto acceptable worldwide. This has one good potential.
Find out more about INGOT here:
Website: https://www.ingotcoin.io/
Facebook: https://www.facebook.com/ICOINGOT/
Twitter: https://twitter.com/ICOINGOT
Telegram: https://t.me/INGOTCoin
ANN Thread: https://bitcointalk.org/index.php?topic=3581009
Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf
My Profile:
BTT Username: Sakib0194
ETH Address: 0x8c26fD54c42B06593258b86b9D0F91CC9e5E64e5
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1841935;sa=summary
Telegram: https://t.me/Sakib0194
Nice! That's how the blockchain is supposed to used. This is a really good one.
That's some nice project. It has good potential. It might be huge in future