INGOT is a blockchain-based ecosystem that will work under smart contracts and decentralized protocols to establish a platform for multiple exchanges, brokerage and trade options for crypto as well as fiat. The platform will further allow for numerous crypto-financial services with a mindset to establish a whole financial ecosystem that is unlike the traditional systems.
It will link recently developed digital currencies with the existing financial markets thus eradicating inefficiencies. The platform wills enable participants to carry out transactions according to their financial requirements. Ingot Coin will play a vital role in addressing the issues digital currency holders, financial markets, and traders face. Allowing participants to change one digital currency to another and/or to fiat currency is a very attractive feature.
INGOT Coin is the first fully integrated wallet with a digital bank, brokerage service, crypto certifier, community and ICO accelerator. All rolled into a single and complete ecosystem, which rewards token holders and consumers for using and contributing to it. INGOT Coin is a decentralized cryptocurrency which provides benefits and discounts within the ecosystem itself. IC will be based on a ERC20 technology.
The coin is based on Ethereum platform and the possible accepted currencies for buying the coin are BTC, ETH, and FIAT. Ingot Coin creators aim to collect $35.000.000 as a soft cap or $90.000.000 as a hard cap.
The total number of 90.000.000 IC will be issued and it follows that the price of 1 IC will be $1. However, there is a minimum limit to each purchase and it is 100IC. The location of this ICO is registered in Estonia.
All these features may not sound new in the entirety, but they aim to solve a variety of problems, existing in the digital world. First of all, the INGOT currency recognized that there is a lack of connection between the traditional and crypto markets. Secondly, it’s clear to the creators of the coin that the current markets, both digital and real ones, operate under the inefficient structure, which poses limitations to lots of users out there. Thirdly, it’s clear that there are high fees, associated with the transaction making, which is the prerogative of the outdated means of the market. Finally, the creators of the project to comprehend the notion that there is a major trusting gap in the crypto world because of the low-quality scams and the volatile nurture of the currencies themselves.
Even though the identified problems may sound obvious, it’s still vital to realize that the IGNOT coin has the solutions prepared for all of them. The way to do so lies in ultimately delving into the ecosystem behind the entire currency. For instance, the IGNOT coin aims to integrate the six core components of the innovative market to provide all of the members with a possibility to operate under the newly efficient system, which is pretty innovative. To this end, it can be seen that the IGNOT coin plans to run itself with the help of the following components: IC Brokerage, IC Wallet, IC Digital Bank, IC Exchange, IC Crypto Certifier as well as IC ICO Accelerator. There is no need for clarifying every single part of the ecosystem as there are pretty self-explanatory in their nature, although it’s important to see the unparalleled potential of such an idea. Truly, it’s possible that all of the identified problems would be fixed with the help of the rapidly growing project, which IGNOT coin surely is.
At the same time, it’s crucial to understand that the project already has plans of practically implementing every single component of the system. This ultimately indicates the seriousness of the creators as well as intensifies the fact that the changes are near to come both in the crypto and the traditional markets.
For Information
Website: https://www.ingotcoin.io/
Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3581009
Telegram: https://t.me/INGOTCoin
Facebook: https://www.facebook.com/ICOINGOT/
Twitter: https://twitter.com/ICOINGO
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