As a cryptolovers, we see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
Moving on to today's proposed topic... At present, investors and the service have complications for entering the market because the commissions charged to them are quite substantial, which is why some of these investors are discouraged from actively participating in the current market. This causes:
- Lack of connection between Crypto and traditional markets
- Inefficient structure of the current market
- High commissions in the financial markets
- Impractical Exit Strategies Crypto
- Lack of confidence in Crypto Markets.
For this reason, the Project I am going to present you is Ingot Coin, a wallet with a digital bank, which will try to solve the problems explained above.
As I said before, Ingot Coin (IC) (https://www.ingotcoin.io/) is the first fully integrated Portfolio with a Digital Bank, Brokerage, Exchange, Certifier, and ICO Accelerator. All the components are integrated in a unique and complete ecosystem, which rewards the card holders and consumers for their use and contribution. INGOT Coin is a decentralized cryptocurrency that provides benefits and discounts within the ecosystem itself. IC will be based on an ERC20 technology.
How it works
The first all-inclusive IC Ecosystem of its kind will be the pioneer in linking the cryptographic universe with the current traditional world. For this reason, the IC Ecosystem includes: IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Crypto Certifier and IC ICO Accelerator under a single umbrella linked by the IC Community. All of them are described in the following table.
Image Feature Description IC Wallet The wallet will ensure cold storage systems and multi sig to create a safe environment for all interested parties. IC Brokerage It creates a liquidity center, efficient market prices and access to all financial products, from fiduciary currencies to international stocks, and from raw materials to ETFs. IC Digital Bank It will provide automated payment processing 24 hours a day, 7 days a week, with high-level Web-based escrow services. The CI Digital Bank will be responsible for the management of funds for all interested parties. IC Crypto Certifier It will train market participants through the delivery of industry-leading certifications in the cryptography markets. IC ICO Accelerator A boutique specialized in assisting blockchain projects in the issuance of their ICOs, offering professional services to support the creation of ICOs through collaboration with advisors, law firms and specialized marketing companies.
The project gives the opportunity to earn IC tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk Platform. Here (https://bitcointalk.org/index.php?topic=3591451) you can access the link in order to see what are the conditions to become an early IC contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://www.ingotcoin.io/documents/en/white-paper.pdf). You can also stay tuned in their official Telegram group (https://t.me/INGOTCoin). I hope you liked the post and soon I'll send you new ones.
Date Event Description Q3 2017 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 Q2 2018 Bounty Program Released. Detailed bounty program is released to raise awareness of this revolutionary ecosystem on multiple media mediums. Q2 2018 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 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. 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 facilitate the 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.
Price in ICO: 1 IC = 1 USD
Tokens for sale: 120,000,000
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71