INGOT COIN
The Ingot ecosystem is comprised of eight different components. The IC Digital Bank facilitates all transactions, payments, and settlement within the Ingot ecosystem. The IC Brokerage provides a portal full of opportunities for investors who are actively looking for more trading options. The IC Exchange will provide all users with the possibility of trading in cryptocurrencies as well as fiat money. The IC Wallet is the digital wallet used for storing a user’s fiat money and cryptocurrencies, including the native IC Token. The IC ICO Accelerator is a program designed to campaign for genuine ICO projects, allowing developers to raise funds in an unprecedented way. The IC Crypto Certifier is an educational program designed to teach users about various cryptocurrency ventures in order for them to develop their knowledge. The IC Community will be the gathering place for all users, developers, investors, and enthusiasts, where they can connect and share information about their projects. Finally, the IC Liquidity Pool will serve as an insurance that provides liquidity for fiat money and cryptocurrencies alike, including the IC token.
How does it work?
By utilizing blockchain technology, the team behind Ingot are creating a decentralized and secure system that is a much-needed innovation given the current state of the financial market. The IC Bank will enable transparency by recording transactions on decentralized ledgers. This decentralization is facilitated by the ecosystem’s peer-to-peer (P2P) model. Perhaps most interesting of all, the IC Bank also eliminates the need for transaction fees, even for small transactions. Finally, the IC Wallet provides the users with the peace of mind that their assets are safely stored in an encrypted digital wallet.
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.
ROADMAP
Discovering the existing financial industry threats.
Pinpoint the challenges of non-transparent and inefficient
regulatory associations which increased the restrictions of
fundraising and liquidity.
Q4 2017
Analyzing the vast uses of blockchain technology.
Worked excessively on finding a unique solution that will
provide a complete solution for all financial industry
stakeholders.
Q1 2018
Business model and financial feasibility study.
Completed a full business model integrating a Digital
Banking solution, Digital wallet, Brokerage and Exchange
while providing a Crypto Certifier and ICO Accelerator.
Q2 2018
Publishing INGOT’s Whitepaper
Analyzing the mechanisms of providing a full Ecosystem
that aims to fulfill all regulatory, stakeholders and market
participants of the financial industry
Bounty Program Released.
Detailed bounty program is released to raise awareness of
this revolutionary ecosystem on multiple media mediums.
Q3 2018
INGOT’s first round ICO.
IC will be available for sale for a limited time: Be the first
to invest in it.
Q4 2018
IC Wallet Goes Live.
Equiped with the highest security standards, the wallet
will provide swift and smooth transfers. This wallet will
be able to hold multi asset classes, ranging from Crypto
Currencies to fiat Currencies along with Traditional Assets.
Q2 2019
IC Digital Bank Is Open For Business.
The fully licensed bank will provide various banking
services such as current accounts, e-payments, fund
management and custodial duties
Q3 2019
Completing the Ecosystem Components.
INGOT will be adding the following integrated components
to complete a full solution for all market participants.
IC Brokerage
Providing a vast range of financial products including: fiat
currencies, Equities, Bonds, Commodities and ETFs while
ensuring high level efficiency and liquidity.
IC Exchange and IC Liquidity Pool
IC holders will have the opportunity of trading Crypto
Currencies as well as listing their new ICO coins on IC
Exchange. Crypto trading will be against other crypto
currencies, fiat currencies and traditional financial
instruments with insured liquidity by our liquidity pool.
IC Crypto Certifier
INGOT intends to provide participants with robust skills
and knowledge required to develop the blockchain
technology, understand the crypto market and obtain
globally recognized certification.
IC ICO Accelerator
Providing a one-stop-shop to entrepreneurs to issue their
ICOs in order to raise funds in non-traditional ways. This
components will grant legal, marketing, financial, PR and
other services to increase the success of the potential ICO.
Q4 2019
INGOT’s Second round ICO.
INGOT will declare its second round of ICO to collect funds
in order to implement a digitalized commodity exchange.
Q1 2020
Planning the INGOT Digitalized Commodity Exchange.
Providing divergent solutions and methods that facilitatethe
commodity trading process through secured state-of-the-art
user friendly exchange platform.
Q4 2020
Launching the Digital Commodity Exchange.
Presenting a solution using smart contracts to increase
traceability and trustworthiness in the physical trading of
commodities such as wheat, corn, soybean or other
agricultural commodities.
Q4 2020
Launching the Digital Commodity Exchange.
Presenting a solution using smart contracts to increase
traceability and trustworthiness in the physical trading of
commodities such as wheat, corn, soybean or other
agricultural commodities.
TEAM
FURTHER INFORMATION
White paper: https://www.ingotcoin.io/documents/en/white-paper.pdf
ANN: https://bitcointalk.org/index.php?topic=3581009
Facebook: https://www.facebook.com/ICOINGOT/
Twitter: https://twitter.com/ICOINGOT
Telegram: https://t.me/INGOTCoin
My profile: https://bitcointalk.org/index.php?action=profile;u=1965191
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