INGOT Coin - Financial Industry Provides innovative Techniques and solutions

in #cryptocurrency6 years ago

INGOT seeks to be a pioneer in the financial industry providing innovative techniques and solutions to link global markets with global market participants.Being in the financial market since 1993, INGOT Group witnessed firsthand multiple inefficiencies over the years. As technology progressed, the global markets and their efficiency progressed along, providing investors with more opportunities. INGOT continuously works on providing all stakeholders an evergrowing broad range of innovative products and services globally, thus allowing it to gain sufficient expertise to link this knowledge to the new blockchain environment and create an all-inclusive and self-serving Ecosystem,visit https://www.ingotcoin.io/ more information.

ABOUT INGOT COIN

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.

INGOT introduced the concept of short selling the Middle East and North Africa (MENA) shares and Indices to provide all investors with opportunities otherwise unavailable in local exchanges, hence allowing exclusive diversified risk management techniques. This innovative idea of trading came after extensive hard work done by INGOT’s dedicated team, all of whom strive to find new solutions to help traders optimize their portfolios through offering different alternative investment methods. As a response to the increasing demand and opportunities in the MENA region, INGOT Group founded Sigma Investments in Amman, Jordan.

Ecosystem Overview

Creating an unprecedented, a firstof-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.

Expansive Market Access

INGOT Coin will provide a platform that meets the needs of beginner as well as advanced traders to trade with minimal initial capital. IC will also provide its own cryptocurrency, which will be available on different exchanges for all investors and market participants to purchase. IC will show no bias towards any market participant and will provide fair and equal opportunities to all participants regardless of size of trade, type of order or initial capital,visit visit https://bitcointalk.org/index.php?topic=3581009

All “Four” One & One “Four” All

To ensure no means for market manipulation and leakage of unethical or illegal money in the Ecosystem, the KYC and AML policies must suffice and exceed the needs of all parties, whether its regulators, banks, brokers or exchanges.The KYC and AML compliance may seem strict to some investors; however,this is a necessary procedure to ensure the safety of the Ecosystem and all stakeholders. This is done to make the Ecosystem trustworthy, secure,transparent and compliant; consequently, filling the Ecosystem’s singular KYC allows participants to open one account in the IC Digital Bank, the IC Exchange,the IC Brokerage, and the IC wallet simultaneously to trade crypto, fiat, and traditional instruments hereon after.

Advantages of IC Ecosystem

Crypto vs Crypto Trading
Crypto vs Fiat Trading
Crypto vs Traditional
Fiat vs Fiat Trading
Fiat vs Traditional
Custodial Services
Payment Processing
CryptoCurrency Custodial
24/7 Digital Banking Service
Highly Liquid Exchange
Listing New CryptoCurrencies
One-Stop-Shop for creating ICOs
Setting Educational Standards
Fund Management
Credit Ratings

Possible Traded Instruments Crypto VS Crypto

IC ecosystem is designed to provide unique first of its kind innovative solution as well as improved solutions to existing models, through the IC Wallet and exchange users can exchange, store and transfer a variety of cryptocurrencies users will also be able to participate in certified ICOs through the Ecosystem.The figure above resembles a typical crypto/crypto transaction in the IC ecosystem.

After registering for the IC Wallet and depositing crypto funds users are immediately able to send, receive and exchange cryptographic tokens.In this example,Ahmed wishes to exchange some Bitcoins for INGOT Coin; the user transfers the desired amount of Bitcoin from the IC Wallet to the IC Exchange custodial wallet and places a BTC/IC order and a smart contract is initiated,Sandra on the other hand wishes to exchange some INGOT Coin for Bitcoin and respectively transfers some INGOT Coin from the IC Wallet to the IC Exchange custodial wallet, once the funds are available in the IC Exchange custodial wallet the user can place an IC/BTC trade order. Once orders are matched the exchange is completed according to the smart contract and the funds are directly deposited into each user’s IC Wallet with no third-party intervention, meaning the funds do not pass through any third-party wallet before reaching their destination wallet.

Crypto VS Fiat

The Ecosystem will provide an environment for trading crypto/fiat pairs faster and cheaper than all currently existing platforms. Given that the IC Bank and IC Exchange are connected to the same network, transactions are all processed internally. The figure above demonstrates a crypto/fiat transaction where Steve wishes to exchange his crypto for fiat, Laura wishes to buy crypto using fiat. Steve places a USD/IC buy order through his IC Wallet interface which instantly places an order on the IC Exchange order book after transfer of their coins to the IC Exchange custodial wallet. Once the order is matched, the user’s IC Bank account is deposited with the proceeds of the sale in USD.

Laura places a IC/USD buy order through his IC Digital Bank interface which immediately places an order on the IC Exchange order books, a temporary hold on the order amount is placed on the fiat funds in the user’s IC Bank account.Once the order is matched the recently purchased cryptocurrencies are deposited directly into the user’s IC Wallet according to the smart contract and the previously held fiat funds for the amount of the transaction in the buyer’s IC Bank account are transferred to the seller’s IC Bank account instantly as an internal transfer. Given that the exchange and the bank are under the same umbrella, the system is able to perform deposits first and settlements second in the back offices, it is just as easy as an internal transfer.

Crypto VS Traditional

IC offers the first sustainable model for crypto/traditional (stocks & commodities) trading. By integrating a traditional brokerage with a cryptocurrency exchange we have arrived at an innovative solution that connects the crypto markets to traditional markets such as ICE, CME, NYSE,NASDAQ, EURONEX, LSE & many more.

Wang wants to buy stocks from the IC Brokerage in exchange for IC. In the ordering phase Wang will place a market order on the platform based on the best IC Brokerage bid and ask prices for the specified stock and IC. As orders are place, the IC Brokerage will start the matching phase where the IC Brokerage will connect both participants with the best buy order and the best sell order for the specified pair. The IC Brokerage will base its matching on a price-time priority matching, therefore providing no bias towards any participants. The movement of funds will be from the IC Wallet to the Exchange segregated wallet, then after the sale happens the money is internally transferred to Wang’s bank account. As soon as the money is there, wang will be able to purchase the specified stock that he is requesting,visit https://www.ingotcoin.io/documents/en/white-paper.pdf more information.

Traditional VS Fiat

Carlos wants to buy (AAPL) Apple stocks from the IC Brokerage with fiat (USD) while Maria wants to sell (AAPL) Apple stocks for fiat (USD) currency. In the ordering phase both participants will place their market orders in the IC Brokerage based on the best IC Brokerage bid and ask prices for AAPL and USD respectively. As orders are place, the IC Brokerage will start the matching phase where the IC Brokerage will connect both participants as their orders were the best buy order and the best sell order for the USD and AAPL pair. The IC Brokerage will base its matching on a price-time priority matching, therefore providing no bias towards any participants.

With respect to price, size and value of order, only time will be considered as a factor to match. In other words, if there is a buy order at a price of 100 USD and there are 2 sell orders of Apple shares worth 100 USD, then the system will automatically take the participant with that ordered the sell first. The final phase is the delivery whereas the orders are matched, Ahmed will receive the Apple shares in his IC Brokerage account, while simultaneously releasing the USD value of the shares from his IC Digital Bank. On the other side, Sandra will receive the USD in her IC Digital Bank account from Ahmed’s Account while simultaneously releasing her Apple shares from her IC Brokerage account to Ahmed’s account. The delivery will be automated as soon as the best buy and best bid prices are matched, given that both participants have accounts with the IC Digital Bank and IC Brokerage.

Fiat VS Fiat

Marc wants to trade his U.S Dollars for Euros while Julia wants to trade her Euros for U.S Dollars. This order will be considered as Fiat vs Fiat as both participants are only looking to exchange the type of fiat currency that they own.This is done most of the time to hedge different prices if the participants have business in different countries and receive a variety of currencies. The process starts with the participants ordering their requested currency. Let's take Carlos and Maria as an example. Carlos and Maria will place their market orders in the IC Digital Bank through the IC Platform and based on the best bid and ask prices for the Euro and the USD. As requests are ordered, the IC digital Bank will match the best ask and best bid prices together. As orders are matched, the U.S Dollars are transferred from Maria’s IC Digital Bank account to Carlos’s IC Digital bank and Euros are transferred from Carlos’s IC Digital Bank account to Maria’s IC Digital Bank account,please join telegram https://t.me/INGOTCoin

ICO Marketing and Public Relations

A main success factor for any ICO is global reach. We provide the following solutions:

  • Unique roadshows
  • Specialized bounty programs
  • Global conferences
  • Brand image and website design
  • Articles in crypto media websites and blogs
  • Social media and marketing campaign

TOKENS

GRAB YOUR TOKEN, YOU'VE BEEN CHOSEN!

IC Exchange will be charging a preferred rate on all transactions paid by our coin, compared to payments done by other major cryptocurrencies or fiat currencies. The maximum distributed number of tokens will be 120,000,000 IC.

Sign up now and get your free tokens, as well as a discount that will reach up to 30% on your token purchase!

Fund Allocation

Token Allocation

-Token Bonus, Discounts & Dates Pre-ICO Discounts, Dates and Limits

INGOT Coin presale ICO will start on May 1st, 2018 and ends on June 30th, 2018.

-ICO Discounts, Dates and Limits

INGOT Coin ICO will start on July 1st, 2018 and ends on August 11th, 2018.

Each discount phase comes with a limit that restricts how much is invested at a specific discount rate.

  • TEAM BOARD

Iman Mutlaq

H.E Sheikh Ali Al Khalifa

Ali Shibib

Ali Faqih

Ahmed Khawanky

Zeid Madbak

Bruno Bianchini

  • MEET OUR TEAM

Hadi Varouqa

Art Director

Saif El Din Murad

Marketing Manager

Iyas Sartawi

Community Manager for APAC

Mohammad Basyouni

Community Manager for Bahrain

Amjad Bakir

ICO Business Development Specialist

Matthew McCrow

Community Manager for Australia

Yin Lu

Community Manager for China

Hasan Al-Omari

Business Analyst

Zaid Srour

Business Analyst

Hossam Khawanky

Events Manager

Khaled Faza

Financial Analyst

Ehab Aboushi

Back-end Developer

Ashar Rawashdeh

Front-end Developer

Esra Hatemi

Graphics & Motion Designer

Leen Daoud

Senior Marketing Executive

Mohamed Qasem

Junior Social Media Specalist

Abdalqader Bani Doomi

Senior Graphics & Motion Designer

Abdullah Njada

Community Officer Bahrain

Bissane Ibrahim

Investor Relationship Manager

Dima Baghdadi

Investor Relationship Officer

Laith Abufreha

Junior Accountant

Rashed Alkhzaie

ICO Strategist

Haiyan Liu

Customer Services Manager

Jasveer singh

Business Development Manager

Surabhi Dewra

Career R&D Manager

Arya Zhao

China Operations Director of XChain

Danial Zhou

Leader of XChain Labs

Rosiel Sun

Public Relations Director of XChain

Sunny Che

CEO of Coinwall

William Long

COO of Coinwall

Rajkumar Kanagasingam

Community Manager for Sri Lanka

  • ADVISORY BOARD

Warren Whitlock

PR & Marketing Adviser

Naviin Kapoor

Blockchain ICO Adviser

Pranav Bhatia

Blockchain R&D

George Mentz

ICO Legal Adviser

Sydney Ifergan

ICO Marketing Adviser

John Van der Vos

ICO Adviser

Bogdan Fiedur

ICO Tech Adviser

Victor Chow

ICO Business Adviser

Jim Preissler

ICO Adviser & CEO Trade.io

Saad Mohib

ICO Adviser & Co-Founder HalalChain

Darrell Emmanuel

Investment Adviser

Anthony Ritossa

Strategic Adviser

Martin Kiuru

ICO Tech Adviser

Almas Jiwani

Strategic Adviser

Renu Bhatia

Strategic Adviser

For more information, follow us on :

Website : https://www.ingotcoin.io/

Whitepaper : https://www.ingotcoin.io/documents/en/white-paper.pdf

Telegram : https://t.me/INGOTCoin

ANN Thread : https://bitcointalk.org/index.php?topic=3581009

Facebook : https://web.facebook.com/ICOINGOT/?_rdc=1&_rdr

Twitter : https://twitter.com/ICOINGOT

Youtube : https://www.youtube.com/channel/UCkhXGyI_piMMDMtyrYjI_IA?view_as=subscriber

Author : viarathel

Profile Link : https://bitcointalk.org/index.php?action=profile;u=1275057

Eth : 0x354B4485f6133537148382d7022Be1b3c98Dbf95

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.029
BTC 67477.32
ETH 3474.01
USDT 1.00
SBD 2.69