INGOT COIN: Linking the crypto universe to the current traditional financial industry
Since their involvement in the financial market in 1993, Ingot group have experience of many inadequacies over the period of time. Along with the development of technology, the global market is also developing and so their efficiencies and it provides great opportunities for the investors. But in the current scenario when it comes to trading and financing the investors experience lack of efficiency and transparency in the financial system.
INGOT Coin is a revolutionary ecosystem which is based on the latest blockchain technology and will serve as a link between the crypto and the traditional market. It will eradicate the inefficiencies faced by both the markets and provide one stop ecosystem through which the investors can execute the transaction as per their financial needs. https://www.ingotcoin.io/
Challenges in current financial and crypto markets:
If we look at the crypto and traditional financial market both are different from each other and investors face many problems while moving their capital from one market to another market due to high transaction cost, time and money which result in lowering the profits. The ineffective structure leads to significant complications in the local market for the foreign investors who are looking for the exposure. Another problem is the impractical crypto strategies due to which investors were unable to liquidate their tokens into any other financial instruments or forced to pay huge fees to do so in the bull market. The lack of trust in the crypto market caused the investors to turn down their profitable investments opportunities; it is also caused due to lack of proper knowledge in crypto market about smart contract, blockchain, and their different possible advantageous implications.
Solutions provided by IC ecosystem:
There will be a complete solution provided by the Ingot Coin, there will be integration of 6 core ecosystem components with the availability of one-stop-shop to its users for various digital and traditional assets along with the currency market so that the challenges faced by the investors can be solved. It will bridge the gap between the crypto and traditional market. The 6 components of this ecosystem include IC wallet, IC exchange, IC brokerage, IC digital bank, IC certifier and IC ICO advisor. You can go to https://www.ingotcoin.io/ for more details.
Token:
IC tokens will be used as a medium of exchange for various services provided on this platform. This is a hybrid token which serves a utility as well as a security token. There will be total 120,000,000 IC distributed and remaining tokens after the ICO will be burned. Its soft cap is placed at $37,000,000 and hard cap is placed at $ 90,000,000. Token allocation will takes place as: 75% of the total token issued will be used for public sale, 7% will be allocated for early backers. 5% tokens will be allocated for bounty program, 5% tokens will be allocated to the team members, 4% tokens will be allocated to its advisors and remaining 4% token will be allocated to its founder.
The proceeds received from the token sale will be allocated as: 23% for digital bank, 22% for liquidity fund, 18% for brokerage, 11% will be kept as reserve, 10% will be used for exchange wallet, 8% will be used for legal, PR and consultation purposes, 5% for crypto certifier and remaining 3% will be used for accelerator.
For more information about this project you can visit the following links:
Website: https://www.ingotcoin.io/
ANN Thread: https://bitcointalk.org/index.php?topic=3581009
Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf
Telegram: https://t.me/INGOTCoin
Twitter: https://twitter.com/ICOINGOT
My BTT profile link: https://bitcointalk.org/index.php?action=profile;u=2166975