INGOT COIN – CONNECTING FINANCIAL MARKETS WITH CRYPTO WORLD
Overview
Ingot Coin have come up with an idea of innovative ecosystem based on the blockchain technology to link Crypto Markets with Traditional Financial Markets. By introducing blockchain technology they are creating an ecosystem which will increase customer’s confidence, market liquidity and provide users to do transactions in more efficient manner. With the blockchain they are removing third party involvement who usually delay the process and increased transaction costs.
Problem
The problem 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.
Solution
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.
The Team
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.
Token Matrix
TOKEN – IC
PLATFORM – ETHEREUM
ACCEPTING – ETH, BTC
TYPE – ERC20
PRICE – $1
HARD CAP – 90,000,000 USD
SOFT CAP – 37,000,000, USD
Verdict
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.
Social Media Reach
Facebook – 890+ Followers – https://www.facebook.com/ICOINGOT/
Twitter – 3050+ Followers – https://twitter.com/ICOINGOT
Telegram – 3900+ Members – https://t.me/INGOTCoin
Website : https://www.ingotcoin.io/
Telegram: https://t.me/INGOTCoin
Twitter : https://twitter.com/ICOINGOT
Facebook : https://www.facebook.com/ICOINGOT/
Linkedin : https://www.linkedin.com/company/ingo/
Whitepaper : https://www.ingotcoin.io/documents/en/white-paper.pdf
Author : Heryu
Bitcoin Profile : https://bitcointalk.org/index.php?action=profile;u=2348827
ETH : 0xf86f8257A163643Bb238bA3bc2a95D25ecB874Cd