Ingot Coin have concocted a thought of inventive biological community in light of the blockchain innovation to interface Crypto Markets with Traditional Financial Markets. By presenting blockchain innovation they are making a biological community which will expand client’s certainty, advertise liquidity and give clients to do exchanges in more proficient way. With the blockchain they are evacuating outsider inclusion who typically postpone the procedure and expanded exchange costs.
As an all-inclusive ecosystem, INGOT is a pioneer in several ways, and consequently, it could have several potential benefits:
The IC Bank provides for decentralized ledgers which enables transparency.
The peer-to-peer model allows for the decentralization of the transaction infrastructure.
The IC Bank eliminates the need for fees with even the smallest of micro payments without an intermediary.
The IC wallet offers the highest standards regarding security which ensure a smooth and safe mode of transfer for the fiat and cryptocurrency.
The challenge is the current financial system lacks in efficiency and transparency. Ineffective structure of current financial market where transaction cost is higher, and time is taken longer for transaction process because of third party inclusion. Many middlemen such as banks, brokerage firms involving in trading and financial activities deducting high fees from investors. There is lack of trust issue with crypto markets because of liquidity and lack of knowledge in the market about blockchain.
Ingot Coin created a platform which provides a complete solution by their 6 different components under a single platform. They are – IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator.
- IC Wallet – It is blockchain based crypto wallet where all the cryptocurrencies will be stored and users also able to use the wallet to send and receive cryptocurrency easily with high security. Users will integrate their wallet with IC Digital Bank to convert from crypto to fiat and vice versa.
- IC Digital Bank – It will be providing 24/7 automated payment processing with their high-level web-based services. By making easier transactions, payments under their platform and to IC Brokerage and IC Exchange works by providing online services such as e-payments.
- IC Brokerage – IC Brokerage is a hub of liquidity, market pricing and access to all financial products where the details of investor’s financial products will be stored safely. To make trading efficient, IC Brokerage integrate with the IC Exchange and the IC Wallet.
- IC Exchange – In IC Exchange, exchanging of crypto to fiat, crypto to crypto, fiat to crypto, fiat to fiat is being done. IC Exchange will be integrated with the IC Wallet, IC Brokerage and IC Digital Bank through their platform for cryptocurrency exchange.
- IC Crypto Certifier – The main aim of IC Crypto Certifier is to build awareness and educate interested parties on the blockchain technology. By providing variety of certified courses then after completing the courses successful graduates will receive an industry-leading certificate.
- IC ICO Accelerator – Accelerator helping to unlock funding for all ICO projects by covering all the aspects for creative visions and ideas. It will be guiding entrepreneurs and startups to raise funds easily by providing services and strategies.
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.
The ICO will start on the 1st of July and end on 11th of August. However, the pre-ICO starts on 1st of May. The token allocation will be as following:Public 75%Early backers 7%Founders 4%Advisors 4%The Team 5%Bounty Program 5%
Q3 2017discovering the existing financial industry threats Pinpoint the challenges of non-transparent and inefficient regulatory associations which increased the restrictions of fundraising and
Q4 2017Analyzing 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 2018business model and financial feasibility study Completed a full business model integrating a Digital Banking solution, Digital wallet, Brokerage and Exchange while providing a
Q2 2018Publishing 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 INGOT’s Pre sale ICO INGOT’s tokens will be publicly issued for the first time at a discount. INGOT’s wallet (IC Wallet) will be released and activated
Q3 2018INGOT’s first round ICO IC will be available for sale for a limited time: Be the first to invest in it
Q42018IC 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 2019IC 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 2019Completing 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 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
Q4 2019INGOT’s Second round ICO INGOT will declare its second round of ICO to collect funds in order to implement a digitalized commodity exchange
Q1 2020Planning the INGOT Digitalized Commodity Exchange. Providing divergent solutions and methods that facilitate the commodity trading process through secured state-of-the-art user friendly exchange platform
Q4 2020Launching 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
Iman Mutlaq – Founder – Iman has been in the financial services world since 1993, with over 20 years of experience in the market. Partner at Global Alliance Partners, Director at Ingot brokers Australia, CEO at Sigma ltd.
Ali Shibib – CEO – Ali has experience in the Financial sector of over 10 years. During that time, he provided financial consulting services on strategy for entering new markets, developing new products, and guiding risk management.
Ali Faqih – CFO – Ali Faqih has extensive financial accounting experience which has been developed over the past 10 years in a career which has spanned an excellent range of companies.
Ahmed Khawanky: CMO
Zeid Madbak: CRO
Bruno Bianchini: CSO
Hadi Varouqa: Art Director
Saif El Din Murad: Marketing Manager
Rashed Alkhzaie: ICO Strategist
Haiyan Liu: Customer Services Manager
Iyas Sartawi: Community Manager for Egypt
Mohammad Basyouni: Community Manager for Bahrain
Matthew McCrow: Community Manager for Australia
Rajkumar Kanagasingam: Community Manager for Sri Lanka
Yin Lu: Community Manager for China
Hasan Al-Omari: Business Analyst
Zaid Srour: Business Analyst
Hossam Khawanky: Events Manager
Khaled Faza: Financial Analyst
Ehab Aboushi: Back-end Developer
Ashar Rawashdeh: Front-end Developer
Esra Hatemi: Graphics & Motion Designer
Jasveer singh: Business Development Manager
Surabhi Dewra: Career R&D Manager
Leen Daoud: Senior Marketing Executive
Mohamed Qasem: Junior Social Media Specalist
Abdalqader Bani Doomi: Senior Graphics & Motion Designer
Abdullah Njada: Community Officer Bahrain
Bissane Ibrahim: Investor Relationship Manager
Dima Baghdadi: Investor Relationship Officer
Laith Abufreha: Junior Accountant
Warren Whitlock, Naviin Kapoor, Pranav Bhatia, George Mentz, Sydney Ifergan, John Van der, VosBogdan Fiedur, Victor Chow, Jim Preissler, Saad Mohib, Darrell Emmanuel.
There are 6 core members of this project having several experiences in financial sector. The whole team comprises of 25 members and 11 Advisors who are having experiences in blockchain, marketing strategy, PR relations and with many ICO projects.
The whitepaper is explained in a depth way and easy to understand. They have partnered with many leading companies such as Trade.io, Cointraffic, Code Pirates, Sigma Investments Group, Global Alliance, Hackernoon.
There is no prototype is released for this project. The Social Media hype is very low, but they are active on Telegram Group. INGOT COIN came up with very innovative idea for linking traditional financial markets and crypto markets to resolve the issues facing by both and for investors who are stepping back from investing because of lack of issues. So, they are solving all the issues by their multiple features with the blockchain technology.
FOR MORE INFORMATION KINDLY VIEW THE LINKS BELLOW
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
Medium : https://medium.com/@khawanks
396 total views, 2 views today