Introduction
INGOT Coin is a decentralized cryptocurrency which provides benefits and discounts within the ecosystem itself. The native token, dubbed IC, will be based on a ERC20 technology. INGOT Coin represents itself a blockchain-based platform with a significant experience of 25 years working in the financial markets. The INGOT Group was frustrated with the inefficiencies and the drawbacks of the market. It saw the industry adopt the technology, but at a very slow pace. With the launch of cryptocurrency services connected with its regular financial services, the INGOT Coin is the perfect solution to the market inefficiencies. The blockchain platform enables users to run transactions according to their requirements, without any delays, high fees, and risks associated with traditional ones.
INGOT is a blockchain-based ecosystem that will work under smart contracts and decentralized protocols to establish a platform for multiple exchanges, brokerage and trade options for crypto as well as fiat. The platform will further allow for numerous crypto-financial services with a mindset to establish a whole financial ecosystem that is unlike the traditional systems.
The ecosystem will link newly developed crypto markets with the current financial markets. Using the systematics of blockchain technology, INGOT Coin’s system will be able to eliminate inefficiencies, whilst maintaining an atmosphere where participants are able to perform and execute transactions accordingly.
The INGOT Coin ecosystem is comprised of 6 core components:
- IC Wallet, a blockchain-based crypto wallet that will allow participants to send, receive and store cryptocurrencies, as well as fiat money.
- IC Exchange, a cryptocurrency exchange fully integrated with IC Wallet, IC Brokerage and IC Digital Bank, where traders will be able to buy and sell cryptos, which will be listed against other cryptos (BTC/ETH) or fiat currencies (BTC/USD), or even against ETFs and commodities
- IC Brokerage, which will provide access to all financial products, ranging from fiat currencies to international equities and from commodities.
- IC Digital Bank, a 24/7 automated payment processing system which facilitates all transactions, payments, and settlements within the INGOT ecosystem.
- IC Crypto Certifier, a platform for educational services aimed to build awareness and educate all interested parties on the blockchain technology.
- IC ICO Accelerator, geared towards entrepreneurs and startups willing to raise funds for their projects.
Ingot Coin's RoadMap
- Q3 2017 - Discovering the existing financial industry threats.
- Q4 2017 - Analyzing the vast uses of blockchain technology.
- Q1 2018 - Business model and financial feasibility study.
- Q2 2018 - Publishing INGOT’s Whitepaper
- Q2 2018 - Bounty Program Released.
- Q2 2018 - INGOT’s Pre-sale ICO.
- Q3 2018 - INGOT’s first round ICO.
- Q4 2018 - IC Wallet Goes Live.
- Q2 2019 - IC Digital Bank Is Open For Business.
- Q3 2019 - Completing the Ecosystem Components.
- Q3 2019 - IC Brokerage.
- Q3 2019 - IC Exchange and IC Liquidity Pool.
- Q3 2019 - IC Crypto Certifier.
- Q3 2019 - IC ICO Accelerator.
- Q4 2019 - INGOT’s Second round ICO.
- Q1 2020 - Planning the INGOT Digitalized Commodity Exchange.
- Q4 2020 - Launching the Digital Commodity Exchange.
Ingot Benefits
- The IC Bank provides for decentralized ledgers which enables transparency.
- The peer-to-peer model allows for the decentralization of the transaction infrastructure.
- The IC Bank eliminates the need for fees with even the smallest of micropayments without an intermediary.
- The IC wallet offers the highest standards regarding security which ensure a smooth and safe mode of transfer for the fiat and cryptocurrency.
Token Details
- Company details: Ingot Group (Estonia, 1993)
- Project name: INGOT Coin
- One or two names of the people behind the project: Iman Mutlaq, H.E Sheikh Ali Abdulla Isa Al Khalifa
- Token symbol: IC / ICC
- Conversion rate: 1 ICC = 1 USD
- Start / End Date: 2018-07-01 - 2018-08-11
- Soft cap: 37,000,000 USD
- Hard cap: 90,000,000 USD
- Bonus: -
- Whitelist/KYC: -
- Is it an ERC20 token? Yes
- Countries excluded: United States
- Token distribution date: -
- Currencies accepted: USD, ETH, BTC, XRP
- Percentage sold: 75%
- Sold on pre-sale: -
- Fundraising goal: -
- Total tokens: 120,000,000
On the other hand, the ICO details indicate it will begin on July 1 with the end expected on August 11, 2018. Investors can get a portion of the 90 million supply offered by the INGOT.
Conclusion
The INGOT platform covers everything to facilitate financial transactions through a blockchain ecosystem. The ultimate test comes in whether the users get to understand the potential impact it could have not only for business but the future of blockchain ecosystems in general.
For more information, please click the link below :
Website : https://www.ingotcoin.io/
Whitepaper : https://www.ingotcoin.io/documents/en/white-paper.pdf
Telegram : https://t.me/INGOTCoin
Twitter : https://twitter.com/ICOINGOT
Facebook : https://www.facebook.com/ICOINGOT/
Ann Thread : https://bitcointalk.org/index.php?topic=3581009
Youtube : https://www.youtube.com/channel/UCkhXGyI_piMMDMtyrYjI_IA?view_as=subscriber
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2189889