(ANN) INGOT - PROVIDING A CONVENIENT ENVIRONMENT FOR CRYPTO TRADING

idrix · August 3, 2018

HELLO EVERYONE,

This article is solely about ingot coin, it contains all the detail information about the project.

Researchers proved that the 21st century is very significant in many ways. This is the generation of the internet coupled with the latest innovation Blockchain; the revitalizing and praised the discovery of other technologies.
The importance of these advancements are so enormous that it's been adopted by many field of life.

Blockchain Compared with traditional database technologies and centralised systems, blockchain implementations can be relatively cheap and require considerably less IT investment to maintain. However, as the technology is still relatively immature, for the time being these savings on the ongoing operational costs may be offset by significant upfront development costs.

It is no longer a secret that the cryptocurrency has created a world that is more efficient, especially in the matter of sending and receiving money. Unlike the traditional banking system, the cryptocurrency is much faster and simpler. When you send money, for instance, you don’t need to worry about the complicated and long process, or other common verification procedures. No matter where you send the money – to a different kind of wallet, to an account overseas, etc –

IC ecosystem is designed to provide unique first of its kind innovative solution as well as improved solutions to existing models, through the IC Wallet and exchange users can exchange, store and transfer a variety of cryptocurrencies users will also be able to participate in certified ICOs through the Ecosystem. The figure above resembles a typical crypto/crypto transaction in the IC ecosystem.

The IC Ecosystem could be viewed through the platform by directly accessing the largest liquidity pools of cryptos in the world through one single order book platform; INGOT will provide a liquidity haven to ensure ecient price discovery and transparent order matching. The platform will include all crypto currencies matched against other cryptos or traditional and at currencies.

The Ecosystem will increase transparency by making all trades available on a decentralized ledger. This ledger will be available to all potential stakeholders. Data vending will be available to the public, as it will include a journal for all trades, investors, volumes and extensive data of all transactions within the Ecosystem.

Under the IC Platform, a global network of cryptocurrency exchanges will be accessible to all participants. Providing access to all the major reputable and liquid exchanges worldwide, IC Platform will provide an unparalleled set of services to a diverse group of investors and token Issuers. IC aims to provide access to all the opportunities brought by the crypto economy revolution to investors and users all around the world. The IC Platform will be managed and operated by INGOT Coin, a registered company established and licensed under Estonian laws.

The Ecosystem will provide an environment for trading crypto/fiat pairs faster and cheaper than all currently existing platforms. Given that the IC Bank and IC Exchange are connected to the same network, transactions are all processed internally. The figure above demonstrates a crypto/fiat transaction where Steve wishes to exchange his crypto for fiat, Laura wishes to buy crypto using fiat. Steve places a USD/IC buy order through his IC Wallet interface which instantly places an order on the IC Exchange order book after transfer of their coins to the IC Exchange custodial wallet. Once the order is matched, the user’s IC Bank account is deposited with the proceeds of the sale in USD.

BENEFITS OF IC ECOSYSTEM.

   1. The IC Bank provides for decentralized ledgers which enables transparency
   2. The peer-to-peer model allows for the decentralization of the transaction infrastructure.
   3. The IC Bank eliminates the need for fees with even the smallest of micropayments without an intermediary
   4. The IC wallet offers the highest standards regarding security which ensure a smooth and safe mode of transfer for the fiat and cryptocurrency.

OTHER ADVANTAGES INCLUDE:
   1. Security.
   2. Highly liquid exchange.
   3. Multicurrency exchange.
   4. Minimizing the risks.
   5. Debit card.

INGOT TOKEN ECONOMY

The INGOT COIN (IC) token was developed for the platform, allowing to satisfy the needs of both beginners and experienced traders. Beginners in this field will be able to start with a minimum capital. Its trade is planned on different exchanges and provides fair and equal conditions, regardless of the volume of trade and seed capital. One of the attractive points is the fact that upon achieving a solid capitalization, holders of the INGOT token will be paid dividends. Using tokens within the platform as a payment will give users discounts between 5 to 50%.

Ticker: ICC

Type: ERC20

ICO start date: July 1

ICO end date: August 11

Hard Cap: 90,000,000 USD

Minimum contribution size: 100 USD

Total supply: 120,000,000 IC

Price: 1 IC = 1 USD

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THE PROJECT ROADMAP.

Q3: 2017:
Explore the current financial sector threats. Identifying the problems of ineffective management, which is not transparent, raises the limits of fundraising and liquidity.

Q4 2017:
Analysis of the extensive use of block chain technology
Working too hard to find a unique solution will provide a complete solution for all financial sector stakeholders.

Q1 2018:
Business Model and Financial Feasibility Study
Complete a fully integrated business model that integrates digital banking solutions, electronic wallet, brokerage and exchange functions, and provides encryption certificates and ICO acceleration capabilities.

Q2 2018:
Analysis of mechanisms to provide a complete ecosystem for the implementation of all regulatory, stakeholder and market participants in the financial sector.
Released bounty program
A detailed bonus program has been launched to raise awareness of this innovative ecosystem from multiple media.

Q3 2018:
ICs can be sold for a limited time.

Q4 2018:
IC Wallet Live
Wallets with the highest security standards provide fast and smooth delivery services. This wallet can hold a variety of content from currency to currency before encryption with existing assets.

Q2 2019:
IC Digital Bank is open to business.
A fully licensed bank will provide a variety of financial services such as current account, electronic payment, fund management and parenting tax.

Q3 2019:
Complete ecosystem components

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