Ingot Coin Ecosystem: A Melting Point for Cryptocurrency and Traditional Financial Market Activities.

ebykamsiokoro (40)in #ingot • 6 years ago (edited)

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When the term “money” is mentioned, the environment in which it is being mentioned is usually charged up either negatively or positively; this phenomenon is so because money remains one of the most important commodity to man. Financial dealings remains one of the daily activities of man on planet earth, no day passes by without recording thousands of millions of financial activities around the globe, and these activities are centered around money; if money is not used in trading one goods or services for the other, it (money) will be used to engage in one form of insurance policy or the other, if not for insurance and trading operations, it will be for investment and management purposes and so many other important financial activities that are centered on money. It’s very obvious that these financial activities that occur in its millions on daily basis cannot be treated with kid gives or toyed with as it may result to grave consequences to man's survival on earth. However, most of these financial activities are currently faced with mind boggling flaws such as: the deep lacuna that exists between traditional financial market and digital currency (cryptocurrency) based financial market which hinders cross platform interaction and participation between these two financial markets; this gap between these two financial markets is usually created by the high transaction costs and huge amount of time involved when trying to coordinate financial activities between these two platforms. Other problems witnessed in current financial activities include the presence of middlemen especially in banks which result to high transaction fees and the minimal trust some cryptocurrency customers attach to the cryptocurrency financial market which sometimes is created as a result of many customers having insufficient knowledge of the blockchain technology which powers the cryptocurrency platform, thereby causing many customers or traders to loose an avalanche of benefits arising from the immense opportunities abound in the cryptocurrency market!!!

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Introducing Ingot Coin (IC)

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Ingot Coin is a blockchain powered ecosystem which provides a state of the art platform that will serve as an interface for carrying out seamless financial activities between the crypto financial market and the traditional financial market. Ingot coin solution is an integration of six core components that helps to facilitate activities in both traditional and cryptocurrency financial markets, thereby making the platform a melting point for a beehive of crypto and traditional financial market activities. The six core components of the Ingot platform are:

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IC Wallet: This is a reliable and secured blockchain fired wallet which serves as a safe haven for customers in the Ingot ecosystem to store any form of cryptocurrency and carry out any operation associated with these Cryptos, the IC wallet gives room for to and fro movement of tokens between the wallet and exchanges, more so, the IC wallet is integrated with IC digital bank which paves way for customers to carry out fiat and crypto operations simultaneously with the wallet. For more, visit: www.ingotcoin.io

IC Exchange: The platform offers an exchange solution which is integrated with IC brokerage, IC Wallet and the IC digital bank via a user friendly cryptocurrency exchange platform. This IC exchange solution provides listings for major tokens/coins and equally for newly issued tokens from ICO events. On this exchange, coins can be traded for other Cryptos or fiat currencies as well as other financial instruments like commodities.

IC Brokerage: The platform makes available a brokerage package that's integrated with the platform’s exchange and wallet, which will afford investors extra alternatives for trading in periods of market uncertainties. Moreover, this brokerage solution provides investors an escape route in case of any financial loss arising from their crypto investments. For more, visit: www.ingotcoin.io

IC Digital Bank: This unit in the Ingot Coin platform operates on a high level web based interface which helps in advancing the cause of automated payment on the platform, on this digital bank solution, clients can open different categories of bank accounts; in addition, IC Brokerage and exchange operations are advanced by the IC digital bank unit.

IC Crypto Certifier: This function of the Ingot Coin ecosystem provides blockchain tutorials to those with limited knowledge on the blockchain technology or folks seeking to learn more on the blockchain technology through Ingot Coin platform's educational services.

IC ICO Accelerator: This package helps hubs and creative entrepreneurs to rake in funds for achieving their goals and visions through the provision of marketing guidelines, blockchain development, legal services and whitepaper content creation etc. In addition, IC ICO Accelerator shall guide participating ICOs in listing their tokens on the IC exchange at fair prices and conditions.

IC Token: This is a dual purpose token on the IC platform serving as a utility token as well as a security token. As a security token, its holders will reap from the benefits of the growth of the platform which will be witnessed in the price, capital gains and dividends. On the other hand, IC being a utility token shall afford its holders to use it as a currency for payment within and outside the platform.

IC Sales and Distribution Details

IC had a maximum supply of 120 000 000 IC tokens with 75% of this total supply billed for public sale through ICO in order to raise funds for accelerator, crypto certifier, brokerage, liquidity fund, digital bank, reserve, exchange wallet and legal developments of the platform. On a cheering note, the ICO has been successfully concluded.

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