INVEST NOW at https://www.ingotcoin.io
INTRODUCTION
What is INGOT Coin?
INGOT Coin aims to Create 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.
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.
Current Challenges in Financial & Crypto Markets
- Lack of connection between Crypto and Traditional Markets
The crypto and the traditional financial markets are quite segregated for a participant attempting to cross over or move their capital from one market to the other. The segregation is a result of large transaction costs, time and money. These costs sometimes lead to the eradication of profits, and in some cases lead to losses, which restricts investors from participating in the market. Furthermore, Market participants are always searching for ways to diversify their funds, along with rebalancing them to reach an ideal allocation of assets that fits their risk appetite. Given the lack of connection between crypto and the traditional markets, participants are either unable to move funds between different markets in a reasonable timespan or are restricted by the costs associated to do so.
- Current Market Ineffective Structure
Time is of extremely high value for people who engage in trading or seek financing. Unfortunately, due to having a highly centralized data processing structure in the financial world, a great deal of time will be lost, leading to loss in lead and edge. Additionally, local compliance standards such as KYC and AML are in some cases irrelevant or outdated when trying to comply with international compliance standards. Thus, causing significant complications for foreign investors who are looking for exposure to the local markets.
- High Fees in Financial Market
A large number of intermediaries such as primary banks, brokerage firms and intermediary banks are usually involved in trading and financing activities, which means that high fees are being deducted from investors on multiple stages. Excessive bank and brokerage fees can be unattractive and debilitating for investors looking to access different markets.
- Impractical Crypto Exit Strategies
Transferring funds in bull markets is quite hard, never mind in bear markets. We have seen the drop in crypto prices in late 2017 and how it impacted a lot of crypto participants as they were either unable to liquidate their tokens into other financial instruments or were forced to pay large fees to do so. Until recently, the worry of an inefficient exit strategy in the Crypto market was disregarded, especially when prices were soaring.
- 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 in turn limiting them from entering. Moreover, the lack of knowledge in the market about blockchain, smart contracts and the variety of possible useful implications, have caused the participants to turn down profitable investment opportunities.
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.
a. 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. The wallet allows for transfer of tokens from and to the exchange and other wallets. Furthermore, the wallet will be integrated with the IC Digital Bank, allowing users to pay with fiat and settle with crypto and vice versa.
b. 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.
c. 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.)
d. IC Digital Bank
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.
e. 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.
f. 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.
The Business Model
INGOT`s strategy is based on attracting clients to its Ecosystem by providing a pioneering exclusive service that is unmatched in the market. In the perspective of trading facilities, this Ecosystem is like no other as it offers a highly liquid exchange with highly competitive fees, provides a one stop shop for innovative entrepreneurs and increases knowledge and awareness of the blockchain technology. This will be achieved by global reach campaigns hand in hand with concentrated and tailored marketing
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 cryptocurrencies, 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.
Utility Benefits
The main benefits of this token lie here. The token could be used in a magnitude of ways:
a. Method of payment within the Ecosystem: As there is value to the coin, Ecosystem stakeholders will be willing to receive these coins as a method of payment. The advantage here is that if a token holder is paying the IC Exchange, IC Brokerage, IC Crypto Certifier, IC Accelerator and the IC community they will receive various discounts from %5 and reaching up to %50 in some cases.
b. Method of payment to external entities: In this case, IC will act just like any other cryptocurrency, a method of payment with value shown clearly from the exchanges. The increase in circulation of the token will provide a more efficient price of the token.
INGOT Coin will be the preferred transacting method throughout the entire Ecosystem, covering the following components:
Ecosystem Caps
Hard Cap
Based on our extensive financial model, we have placed a hard cap of $90,000,000. This number will ensure we provide the best services with optimal allocations into each component of this all-inclusive ecosystem. The values plotted below include the best registrations with top-notch developers implementing on state-of-the-art technologies.
Soft Cap
Our Ecosystem could be constructed in rounds. However, the main core should be implemented simultaneously. Having said that, we have included the main components with their minimum value to be launched with a minimum of $37,000,000.
Token Distribution
THE ALLOCATION OF FUNDS
So join now and invest at https://www.ingotcoin.io/
Source- https://www.ingotcoin.io
MORE 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/ICOINGOT
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My Bitcointalk account : jagadlangit
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My ETH address : 0xA2BFa48A6AfEFaBF498B6541f609E6cef4700D91