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ICO (ann) Ingot Coin - Integrating The Traditional Financial Industry With Blockchain

Discussion in 'Altcoins' started by idrix, Jul 29, 2018.

  1. idrix

    idrix Leader

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    Hello member of the great community,

    This is a full project review about INGOT COIN - BRIDGING MARKETS – AN ALL INCLUSIVE ECOSYSTEM

    In this review, I’ll be covering the following aspect about the project:

    1. The project and the use case

    2. The team behind the project

    3. The token specification and sale structures

    4. The Roadmap

    NOW, let's look at INGOT in the aforementioned categories.


    1. THE PROJECT AND THE USECASE.


    {filename}-(ann) Ingot Coin - Integrating The Traditional Financial Industry With Blockchain

    INGOT Coin (IC) aims to integrate the traditional Financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services.
    IC is 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.

    INGOT Cоіn is thе fіrѕt fully іntеgrаtеd Wallet wіth a Digital Bank, Brоkеrаgе, Exсhаngе, Certifier, and ICO Aссеlеrаtоr. All соmроnеntѕ аrе rolled іntо a single аnd соmрlеtе ecosystem, whісh rеwаrdѕ token holders and соnѕumеrѕ fоr using аnd соntrіbutіng tо it. INGOT Coin is a dесеntrаlіzеd cryptocurrency which рrоvіdеѕ benefits аnd dіѕсоuntѕ wіthіn thе есоѕуѕtеm іtѕеlf

    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 ever-growing 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


    CURRENT CHALLENGES IN THE CRYPTO MARKET.

    • Lack of connection between Crypto and Traditional Markets- The Crypto and traditional financial markets are quite seperate for a partipant attempting to cross-over or move their capital from one market to the other. The segration is a result of high transaction cost, time and money. And in sometime it leads to eradication of profits or even losses and this restricts investors from partipating in the market.

    • 2. Current Market Ineffective Structure- Time is of extremely high value for people who engage in trading or seek financin. Unfortunately, due to having a highly centralized data processing structure in the financial world, a great deal of time will be lost leading to the loss of the lead and edge.

    • 3. High Fees in the Financial Market- A large number of intermediaries such as primary banks, brokerage firms and intermediary banks are usually involve in trading and financial activities which means high fees are being deducted from investors on multiple stages.

    • 4. Impratical Crypto Exit Strategies- Transferring funds in bull market is quite hard and as much investors, funds and intitutions start participating, it has been become apparent that neither the financial system or the crypto market can establish a direct connection between the two.

    • 5. Lack of Trust in Crypto Markets- The difficulty of transferring current holdings to the crypto markets in terms of diversification, liquidity, bias to price discrimination and lack of consistently available market services has deemed the exponentially growing market unreliable to prospective participants and inturn limiting them from entry.


    SOLUTIONS INGOT WILL PROVIDE.

    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.


    THE TEAM BEHIND THE PROJECT

    It is known that the success of any project depends on the team behind it, the INGOT team is made up of professionals with vast experience in fintech, IT development, marketing and communication, software development, and business development who has proven themselves to be transparent and take the success of the project as there major priorities.

    {filename}-(ann) Ingot Coin - Integrating The Traditional Financial Industry With Blockchain
    {filename}-(ann) Ingot Coin - Integrating The Traditional Financial Industry With Blockchain


    THE TOKEN SPECIFICATION AND SALE DETAILS.


    The INGOT COIN (IC) token was developed for the platform, allowing to satisfy the needs of both beginners and experienced traders. Beginners in this field will be able to start with a minimum capital. Its trade is planned on different exchanges and provides fair and equal conditions, regardless of the volume of trade and seed capital. One of the attractive points is the fact that upon achieving a solid capitalization, holders of the INGOT token will be paid dividends. Using tokens within the platform as a payment will give users discounts between 5 to 50%.

    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.

    {filename}-(ann) Ingot Coin - Integrating The Traditional Financial Industry With Blockchain


    THE INGOT ROADMAP.

    Q3: 2017:
    Explore the current financial sector threats. Identifying the problems of ineffective management, which is not transparent, raises the limits of fundraising and liquidity.

    Q4 2017:
    Analysis of the extensive use of block chain technology
    Working too hard to find a unique solution will provide a complete solution for all financial sector stakeholders.

    Q1 2018:
    Business Model and Financial Feasibility Study
    Complete a fully integrated business model that integrates digital banking solutions, electronic wallet, brokerage and exchange functions, and provides encryption certificates and ICO acceleration capabilities.

    Q2 2018:
    Analysis of mechanisms to provide a complete ecosystem for the implementation of all regulatory, stakeholder and market participants in the financial sector.
    Released bounty program
    A detailed bonus program has been launched to raise awareness of this innovative ecosystem from multiple media.

    Q3 2018:
    ICs can be sold for a limited time.

    Q4 2018:
    IC Wallet Live
    Wallets with the highest security standards provide fast and smooth delivery services. This wallet can hold a variety of content from currency to currency before encryption with existing assets.

    Q2 2019:
    IC Digital Bank is open to business.
    A fully licensed bank will provide a variety of financial services such as current account, electronic payment, fund management and parenting tax.

    Q3 2019:
    Complete ecosystem components

    {filename}-(ann) Ingot Coin - Integrating The Traditional Financial Industry With Blockchain


    For more detailed information, visit:

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

    White Paper:

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

    Twitter: INGOT Coin (@ICOINGOT) | Twitter

    Facebook: INGOT Coin

    Telegram: INGOT Coin English Community

    Written originally by

    View the profile of Crypticidris
     
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