Website — Whitepaper — Facebook — Twitter — Telegram — LinkedIn — YouTube — GitHub — Reddit
The market of crypto-currency, in spite of its rapid development, can still be considered quite young. And within it there are many problems that in one way or another complicate its development. Many companies set themselves the goal to solve these problems, searching for new ways to organize and optimize trade processes within the market. And I must say that this is not fruitful. Already, projects are under development that will simplify the process of trading on the crypto-currency market and make it more accessible, which will create conditions for its more rapid development. But, as long as there are still unsolved problems. One of these is the lack of connection between the crypto-currency market and the more traditional financial markets. An investor will not be able to simply transfer crypto-currency assets into traditional ones. In addition, financial markets also have their shortcomings, namely, lack of transparency, high fees for intermediaries, etc. And it is the solution of these problems that the INGOT project team offers.
about the project
INGOT is an ecosystem that, with the help of blocking technology, unites the crypto-currency market with traditional financial markets, while removing intermediaries, and ensuring transparency of all trading processes. The project is developed by INGOT Group, a financial group that has been on the market since 1993, and through its company INGOT Brokers provides the widest range of services in the financial market. This group initiated active activities to develop the financial market in the Middle East and North Africa. For this purpose, consulting firm Sigma Investments was launched in Jordan. The INGOT group also organized the first trading exchange in Egypt. And with their initiative was launched Dreamtechs, which offers a digital solution for the business of its customers.
Now let's move closer to the ecosystem itself. Its structure will include six components that will combine all the necessary tools for conducting trading operations on both the crypto-currency market and the traditional one, and will also open the possibility of exchanging the crypto-currency assets for the more traditional ones. These components are: IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator.
IC Wallet. One of the main components of the ecosystem will be a purse for storing crypto assets, created on the basis of the block. Developers are guaranteed multi-level protection, and cold storage of user assets, which indicates a high level of security. Note that to save the funds, you can use IC Digital Bank, and valuable goods - IC Brokerage.
IC Exchange. It is planned to create its own exchange, which will be available to trade tokens / coins as major projects, and those that will only appear on the market. It is also worth noting that for users there will be an available API connection with the leading crypto-exchange exchanges. To ensure high liquidity, the process of exchanging different kinds of assets can take place in several stages. For example, the user wishes to exchange BTC for Apple shares (AAPL). In this way, BTC will be exchanged for USD first, and then USD for AAPL. This process will be automatic, and will not take much time.
IC Brokerage. This component will open access to all traditional financial assets, such as international currencies, shares of the world's largest companies, commodity assets (agriculture, metals, energy). Together with IC Wallet and IC Exchange, this component will provide an opportunity to react quickly to changes in the market situation by investing in different assets. For example, this component will allow you to trade on a crypto / stock or crypto / commodity market. Traders will have access to the best traditional markets in the world such as the US stock markets (Nasdaq, S & P 500 and Dow Jones Industrial Average), European stock markets (Germany, France, Great Britain, etc.), commodity markets, represented on the most rated exchanges, such as CME and ICE futures and ETF, which will include Blackrock, Vanguard, State Street and Tree of Wisdom Tree.
IC Digital Bank . This component will support payments within the ecosystem around the clock. Also for users there will be available instant payment functions. Together with this, on the basis of this component, investors will be able to open accounts (from savings to brokerage). The developers promise us quick payment processing, with minimal commissions. Provision is made for issuing cards that can be used to pay for goods and services in real life. The funds will be debited from IC Wallet either from an account with IC Digital Bank, or from an IC Brokerage account.
IC Certifier. This component will provide an educational and training function for all users. Certified courses (on IT consulting, cryptography, financial consulting) will be held within its framework, successful graduates of which will receive a certificate that will be highly valued in the financial world.
IC ICO Accelerator. Within this component, there will be extensive organizational support for new start-ups and their withdrawal to the ICO. Young teams will have access to advice on marketing strategies, advertising services, legal aspects of the process, etc. In addition, after the ICO, coins \ new project tokens will be placed on the domestic exchange IC Exchange.
Thus, the trading processes within the INGOT ecosystem will occur through the integration of the functions of the four components of IC Wallet, IC Exchange, IC Brokerage and IC Digital Bank. Here is an example of how the process of exchanging crypto currency for a traditional asset will occur:
Or an example of the process of exchanging a traditional asset for fiat:
Sale of Tokens ( https://www.ingotcoin.io )
Token - IC
Pre-sail - May 1, 2018 - June 30, 2018
Token-Selel - July 1, 2018 - August 11, 2018. The
price of the token is $ 1
The minimum amount of fees is $ 37,000,000 The
maximum amount of fees is $ 90,000,000
The tokens are created - 120,000,000 IC (not sold tokens will be burned).
Distribution of tokens:
75% - sale
7% - discount for early buyers
5% - bounty
5% team (50% will be frozen for 12 months)
4% - advisors (50% will be frozen for 3 months)
4% - founders (50% will be frozen for 18 months)
The use of TOKEN
IC tokens (created on the Ethtereum blockbuster) will be used inside the ecosystem. Developers plan a motivational system for more active use. Thus, if a user pays for a service with tokens IC, he will receive a discount of 5% to 50% (depending on the service). Also holders of these tokens will receive dividends. However, it is not specified yet when exactly these payments will begin, but the clarification is made that immediately as INGOT will become stable and profitable.
Rating
Command
All team members are on the site, and have links to their profiles in LinkedIn. The project itself has several management members who previously held high positions in such companies as Sigma Investments or INGOT Brokers. In fact, the team has a fairly large number of participants, most of whom have already been involved in the work of INGOT Group firms. A pleasant impression was made by the team of advisers. They are in this project 11. Agree, this is not enough. In addition, among them are quite experienced and successful figures in financial and crypto spheres. For example, Bogdan Fiedur(co-founder of the bitJob project, included in the TOP 20 experts on the version of ICOBench), who took part in such projects as PayPie, MyBit, SocialX, Truegame, Swarm Fund, BiNeuro, MFChain and many others. Also among the advisors I would like to mention S ydney Ifergan (TOP 20 according to ICOBench) who participated in such projects as DIW Token, XinFin, BTU Protocol, Swachhcoin, and Naviin Kapoor (TOP 50 according to ICOBench version) who participated in such projects as Paymon, BrickBlock, DEEP AERO, MFChain).
Outcomes
To accept or not to participate in a tokeneveryone should decide on their own. Personally, I have a very pleasant impression of this project. Firstly, it is a large and, most importantly, an experienced team. INGOT Group started its activity in the traditional financial markets since 1993, and it successfully leads on this day with several companies. Therefore, this is not the option when the project team was assembled for a month, half a year, or even a year before the start of the ICO. Secondly, the product they plan to launch will be very much in demand. It will allow crypto-currency investors to diversify their investments using for this purpose the assets of traditional markets. This process will be simple and fast. In addition, a novice investor is not so easy to get to the world's leading exchanges, and the INGOT ecosystem will make this process much easier. Is not this what we lack now? Of course,
Author : erwin_ibrahim
Profile BTT : https://bitcointalk.org/index.php?action=profile;u=1061924
ETH : 0x347A7A7dB223A23774375EFfB6b6e96c5Ac64C1c