INGOT COIN (first fully integrated blockchain-based Wallet with a Digital Bank, Brokerage, Exchange, Certifier, and Initial Coin Offering (ICO) Accelerator)

miguelcryto (25)in #ingotcoin • 6 years ago

Hello to you all and welcome to another ICO review. i still remain my humble self Miguel and I am a writer and IT enthusiast and I will be giving you information you might need about the newest ICO's that are worth your time. I will be direct and articulate as possible so you all can gather as much information you need to strive out there.

Today, we going to talk about “INGOT COIN”. I know you asking the question ingot coin? or who are ingot coin? that's why I'm here, to enlighten you, you can find the links to their website and other information at the bottom of my post so you can do your own research.

ABOUT INGOT
INGOT Coin is the first integrated Wallet with Digital Bank, Brokerage, Exchange, Certifier, and ICO Accelerator. INGOT Coin is a decentralized cryptocurrency that provides benefits and discounts within the ecosystem itself. IC will be based on ERC20 technology. All components are rolled into a single and complete ecosystem, which rewards token holders and consumers to use and contribute.

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.

Ecosystem Overview
Creating an unprecedented, a first of-its-kind revolutionary ecosystem based on block-chain 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.

ecostem over view.PNG

IC Solution: IC Ecosystem
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. The IC

Ecosystem will establish 6 different components to work hand in hand under

one umbrella, providing all community members the chance to capitalize on

upcoming opportunities in all markets. The Ecosystem’s components, as shown

below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC

Certifier and IC ICO Accelerator

IC Digital Bank: - This is to facilitates all transactions, payments, and settlement in INGO
IC Brokerage :- This is made for for investors looking for more trading options they can check opportunities through the IC Broker portal.

IC Exchange-IC : This makes provision for cryptocurrency and fiat trading through their exchange platform.The exchange will be listing major coins and newly issued ICOs to provide a complete diversified coin spectrum for market participants
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.
IC ICO Accelerator :This is use to fight for investment in a legitimate ICO project
IC Crypto Certifier: this is an educative-based materials about cryptocurrency efforts
IC Community: this platform was created for fans and developers to interact and communicate
IC Liquidity Pool: This makes provision or offers insured liquidity for INGOT COIN, fiat currency, and other cryptocurrency

BENEFITS
As an inclusive ecosystem, INGOT is a pioneer in several ways, and as a result, it can have several potential benefits:

IC Bank provides a decentralized ledger that enables transparency
The peer-to-peer model allows the decentralization of transaction infrastructure.
Bank IC eliminates the need for a fee with the smallest micro payment even without an intermediary
The IC wallet offers the highest standards of security that ensure smooth and secure data transfers for fiat and cryptocurrency.

The Token

Token Summary

The Exchange will charge a preferred rate on all transactions paid by our coin, compared to payments done by other major cryptocurrencies or fiat currencies. INGOT will distribute coin dividends once the company is mature and profitable. This increases the attractiveness of the coin in the initial phases and in the long run.The maximum number of tokens that will be distributed will be 120,000,000 IC. In case tokens were not all sold once all the ICO ends, all unsold tokens will enter a burning program as per the smart contract.

Uses of the Token
This hybrid token serves as a utility and a security token. We will go into extensive explanations of both beneficial areas. Security benefits The token holders will benefit from the growth of the Ecosystem’s returns. The returns will be reflected on the price, in terms of Capital Gains and in terms of Dividends. As one of the Ecosystem’s main objective is to satisfy token holders and ensure their benefits are on the top of the objectives list, the reflection of the returns on the price of IC will be mainly channeled through our dividends program that will start after the Ecosystem is sustainable and profitable. As it is currently in the market, companies that pay increasing amounts of dividends to their shareholders will enjoy increase in stock or token prices. This is due to the increase in attractiveness of the security as the returns on the price of the security has increased. Along with some of the other crypto currencies, the token will have limited supply, which will lead to fixing the supply while demand can increase that will lead to capital gains for token holders.

The Token Distribution Phases
Tranche 1: Building the IC Ecosystem

Tranche 2: Building the Digital Commodity

Exchange

The structure of proceeds utilization is designed to ensure the platform’s profitability in the long run with minimal operational risks. INGOT is committed to implement its strategy in the best interest of IC token holders to insure growth of the project and token price while maintaining efficient asset allocation and pricing respectively.

The ICO will begin on July 1 and end on August 11th. However, pre-ICO began on May 1st. Token allocation is as follows:

Public 75%
Initial support 7%
Founder 4%
Advisor 4%
Tim 5%
Program Bounty 5%

ROAD MAP

Q3 2017

find the threat of an existing financial industry Determine the challenges of non-transparent and inefficient regulatory associations that increase fund-raising restrictions and

Q4 2017

Analyze the widespread use of blockchain technology Excessive work in finding unique solutions that will provide a complete solution for all financial industry stakeholders

Q1 2018

business models and financial feasibility studies Complete a complete business model that integrates Digital Banking solutions, digital wallets, Brokers and Exchange while providing

Q2 2018

Publish the INGOT White Paper Analyze the mechanism of providing a full Ecosystem aimed at meeting all regulations, stakeholders, and market participants of the financial industry. Bounty Program Released A detailed bounty program is released to raise awareness of this revolutionary ecosystem on various media outlets. INGOT's Pre sale ICO INGOT tokens will be published for the first time at a discount. INGOT Wallet (IC Wallet) will be released and activated

Q3 2018

ICO IC first round INGOT will be available for sale in a limited time: Be the first to invest in it

Q42018

Goes Live IC Wallet Equipped with the highest security standards, the wallet will provide fast and smooth transfers. This wallet will be able to hold multi-asset classes, ranging from Crypto Currency to Fiat Currency along with Traditional Assets

Q2 2019

IC Digital Bank Open For Business A fully licensed Bank will provide various banking services such as demand deposits, e-payments, fund management and custodial duties

Q3 2019

Completing the Ecosystem Components INGOT will add the following integrated components to complete a complete solution for all market players. Brokerage IC Provides a wide range of financial products including: fiat currency, Equity, Bonds, Commodities, and ETFs while ensuring high efficiency and liquidity IC IC Exchange Holders and IC Liquidity Pool will have the opportunity to trade Crypto Currencies and register their new ICO coins on IC Exchange. Crypto trading will fight other crypto currencies, fiat currencies and traditional financial instruments with liquidity assured by our liquidity pool IC Crypto Certifier INGOT intends to provide participants with the strong skills and knowledge necessary to develop IC blockchain ICO Accelerator technology Provide a one-stop-shop for entrepreneurs to issue their ICOs in order to raise funds in non-traditional ways. This component will provide legal, marketing, financial, PR, and other services

Q4 2019

INGOT's ICO INGOT second round will announce second round of ICO to raise funds in order to implement the exchange of digital commodities

Q1 2020

Plan INGOT Digitalized Commodity Exchange. Provide different solutions and methods that facilitate the commodity trading process through a secure, user friendly exchange platform

Q4 2020

Launch of Digital Commodities Exchange Presents solutions using smart contracts to increase traceability and confidence in physical trading of commodities such as wheat, corn, soybeans or other agricultural commodities.