INGOT COIN : Bridging Markets

kunscrypto (27)in #ingot • 8 years ago

INGOT Coin is the first fully integrated blockchain-based Wallet with a Digital Bank, Brokerage, Exchange, Certifier, and Initial Coin Offering (ICO) Accelerator; all rolled into a holistic ecosystem which rewards token holders and cryptocurrency market participants for using it and contributing to it, in addition to granting them the opportunity to invest in a wide- ranging list of cryptocurrencies, fiat currencies, stocks, as well as other financial assets and instruments. INGOT coin is a decentralized cryptocurrency which provides benefits and discounts within the ecosystem itself. IC will be based on ERC20 technology.

ABOUT IC ECOSYSTEM
Creating an unprecedented, a first of-its-kind revolutionary ecosystem based on blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. This will construct a new pathway between the crypto and the current traditional market participants, enabling them to diversify their portfolio in an efficient and secure manner. The IC Ecosystem will be based on the blockchain technology and will utilize Smart Contracts to facilitate the execution of different contracts, while eradicating the need for intermediaries and external interferences that restrict investors from fully engaging in all markets. By adopting blockchain, we are creating a specialized ecosystem that will substantially increase customers' confidence, market liquidity and -most importantly- provide efficient market pricing and access to funds for all variety of stakeholders.
The IC Ecosystem will transform trades, settlements and payments and make them instant, bringing together different necessary components and cutting out third party intermediaries who usually delay the process and increase associated costs. The blockchain will increase security for investors by using smart contracts. These contracts will be used on the various tradable instruments in the Ecosystem to ensure faster transactions with lower costs.

Challenges in Financial And Crypto Markets

Lack of connection between Crypto and Traditional Markets;
Current Market Ineffective Structure;
High Fees in Financial Markets;
Impractical Crypto Exit Strategies;
Lack of trust in Crypto Markets.

IC SOLUTION

INGOT Coin will create a complete solution by integrating 6 core ecosystem components and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve all the above-mentioned challenges, thus, creating a link between the crypto market and the traditional market.

IC Wallet
IC Wallet will be a blockchain based crypto wallet dedicated to working as a custodial for all cryptocurrencies in the Ecosystem. Participants will be able to use the wallet to send, receive, and store cryptocurrencies available in the market with ease and security. The wallets will contain multi signature and cold storage systems to create a secure and reliable environment for all stakeholders. The wallet allows for transfer of tokens from and to the exchange and other wallets. Furthermore, the wallet will be integrated with the IC Digital Bank, allowing users to pay with fiat and settle with crypto and vice versa.
IC Exchange
IC Exchange will be integrated securely with the IC Wallet, IC Brokerage and IC Digital Bank through a user-friendly platform, a full fledge cryptocurrency exchange. The exchange will be listing major coins and newly issued ICOs to provide a complete diversified coin spectrum for market participants. The coins will be listed against other cryptos, fiat currencies and traditional financial instruments such as ETFs, and commodities. By incorporating the IC Exchange with the other components, investors are able to take a new route in terms of trading their cryptocurrencies and diversifying their portfolios.
IC Brokerage
IC Brokerage will create a hub of liquidity, efficient market pricing and access to all financial products, ranging from fiat currencies to international equities and from commodities (Agriculture, metals and energies) to ETFs. The IC Brokerage’s integration with the IC Exchange and the IC Wallet, further provides the investors with hundreds of options to trade in times of any market uncertainty. Through the Brokerage, users will be able to actively hedge and expand their investments portfolios. The Brokerage will allow instant trading on crypto/stock or crypto/commodity like (BTC/APPL, BTC/GOLD, etc.)
IC Digital Bank
IC Digital Bank will provide 24/7 automated payment processing with high-level web-based custodial services. The IC Digital Bank will also facilitate the IC Brokerage and IC Exchange duties, along with providing day-to-day online services such as e-payments. Furthermore, clients are able to open different bank accounts ranging from current and saving, to brokerage accounts. The IC Digital Bank will also provide fund management for all interested stakeholders and support their trading activities by providing unmatched settlement and remittance speed at the lowest fees.
IC Crypto Certifier
IC Crypto Certifier will aim to build awareness and educate all interested parties on the blockchain technology, through its up-to-date, powerful and diversified educational services. This will include a variety of certified courses on IT consulting, compliance, cryptography, regulatory and financial consulting. Successful graduates will receive an industry-leading and globally distinguished certificate with the different standards agreed upon between industry leading masterminds.
IC ICO Accelerator
IC ICO Accelerator will aim to unlock funding for all innovative projects by paving the way for creative visions and new ideas. The IC ICO Accelerator is a “one stop shop” in the sense that it will guide entrepreneurs and startups raise funds by providing them with essential services, ranging from marketing strategies, PR services, Whitepaper content creation, to legal services and blockchain technology development. Finally, IC ICO Accelerator will guide participating ICOs to list their tokens on the IC exchange on a much more reasonable price and conditions.

The IC Ecosystem’s main purpose is to bridge together different financial institutions through the blockchain technology to provide all stakeholders and participants the freedom to diversify their funds at any given time with minimal constraints.

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