The INGOT Coin (IC) was built to develop a lasting solution in financial industry

mycryptomarket (45)in #ico • 6 years ago

Ecosystem Overview
The INGOT Coin (IC) was built to develop a lasting solution through the incorporation of the various primary ecosystem elements. Moreover, it makes a connection between the traditional industry and the crypto target remove difficulties outlined above. The IC ecosystem looks for to develop 6 different elements which will work together under a single program, offering all members the chance to use these low competition possibilities that are available on the marketplace. These elements consists of IC broker, IC Exchange, IC wallet, IC ICO Accelerator, IC certifier and IC digital economical institution. We will be featuring the importance of these elements and the problems they fix.

The IC wallet is included with blockchain technological innovation and functions as the legal to securely keep all cryptocurrencies used in the ecosystem. The wallet can be used to receive, send and even store cryptocurrencies. The wallet comes with cold storage program and multi-signature to ensure that all stakeholders have a secure ecosystem. The IC digital economical institution provides an continuous computerized payment program. Moreover, the IC digital economical institution will offer resources for interested stakeholders and also offer sufficient support for their trading activities. For IC broker, it can offer an effective industry costs program and to allow members get access to economical loans like products, ETFs, fiat foreign exchange and international stocks.

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 Blockchain Revolution
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.

Moreover, blockchain will wipe out the need for clearing houses as all data ledgering will be decentralized and transparent to all market participant, opposite to the current centralized market. 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.

The use of smart contracts has led most industries to think of ways to improve their services. While some industries are currently adopting the technology, others are trailing behind by not following suit. By utilizing smart contracts, different industries are working towards minimizing cost and time and maximizing global reach and transparency. In the financial industry, smart contacts embedded in the ecosystem lead to the development in verification, transaction and exchange, resulting in a more secure, transparent and efficient market for participants.

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

Maximum Security
Multiple layers of security prevent any hacking attempt and ensure that funds always remain safe. The first layer is established through utilizing multiple independent servers. The IC Exchange software is bridged with the IC wallet where all crypto funds will be stored. Recordkeeping procedures will be another layer with continuous reconciliation to prevent hacking from occurring, while maintaining compliance with major regulatory bodies. The client’s assets are further protected by using the IC Digital Bank account to store the fiat currency, and the IC Brokerage account to store the traditional assets. The IC Wallet application will also include a custom dashboard that portrays the total value of all the different assets allocated in the IC Bank (fiat account balances), IC Brokerage (Stocks and commodities portfolios), and cryptocurrency balances.

IC Wallet users who trade crypto against crypto can transfer their assets between IC wallets safely and smoothly on the blockchain through a set of procedures that will verify all legal requirements such as, KYC, AML and multi signature. Crypto traders will be able to trade traditional assets with other individuals (P2P) or through IC Brokerage from markets like NYSE, NASDAQ, CME, etc. As IC Wallets and order requests are entered by the user on IC Exchange, the order matching software will match all the buyers and sellers together depending on the best bid and the best ask orders in order to ensure that the execution of the trade occurs with the best available market price and in an efficient timely manner as the IC Exchange will have an IC Liquidity pool as well as API connections to the top exchanges which will be accessible to all investors.

IC Wallet holders who are wishing to exchange any type of crypto to any type of their preferred fiat currency, are able to do so through requesting the order from the IC Exchange’s platform which will release the order and once completed, directly deposit the fiat fund into the users’ IC Bank. As users enter their wallet address and their trading orders if they are trading crypto/traditional asset pairs, the IC Exchange order book will match the best bid and the best ask orders and connect the users together to complete the transaction, once the order is filled the software will complete the swap and deposit the funds and assets in their respective destination.
ICO DETAIL
Token Details

Ticker: ICC

Type: ERC20

ICO start date: July 1

ICO end date: August 11

Hard Cap: 90,000,000 USD

Minimum contribution size: 100 USD

Total supply: 120,000,000 IC

Price: 1 IC = 1 USD

Accepted purchase: USD, ETH, BTC, XRP, and other cryptocurrencies.