Hello, my friends. What makes an ICO or ITO project on blockchain technology real attractive one in the eyes of investors and cryptocurrency enthusiasts? In my opinion, I always give priority to whether that particular ICO/ITO has a working product to offer to the community and whether the development team behind the project is experienced enough and well capable of implementing their vision. Today I am going to talk about my very first ICO review on a new project which is called Ingot. Ingot platform which will act as a Multi-currency exchange. Trading between various cryptocurrencies, as well as other assets from traditional markets such as forex trading and commodities - can be possible on Ingot platform. It will minimize the risk as it will provide a low commission, providing technical analysis of various financial products, including indices, commodities. Thanks to an experienced team, users will be offered the best investment options at this time. By using smart contract, Ingot will remove any intermediary in a transaction, with the instant method safe and transparent.
There are a couple of major issues exist in various exchanges like below:
• Lack of coordination and fragmentation of the existing financial and cryptocurrency markets.
• Outdated mechanism of current market financial institutions.
• High commission fees and additional charges inherent in the modern financial - economic markets.
• Lack of confidence on the part of the traditional financial system to crypto-currency markets.
• Failure to resolve the above problems leads to the fact that many investors are beginning to look for new ways and solutions to effectively putting their funds.
INGOT platform is particularly strives to solve the backlog problem issues comprehensively which is planned to create an unique ecosystem that can effectively link the modern cryptocurrency market with traditional financial and investment market instruments, paving between the way for sustainable movement of various financial flows, reduce risks and ensure sustainable development of an integrated financial - economic system as a whole and ensuring absolute benefit for investors. INGOT will be the first platform that will bring together two disparate before financing platforms in one single secure working mechanism.
The platform is will be giving its users various beneficial services like:
- IC Wallet;
- IC Exchange;
- IC Digital Bank;
- IC ICO Accelerator;
- IC Brokerage;
- IC Crypto Certifier.
Liquidity Center IC Brokerage, with the help of which you can get easy access to basic financial products and instruments. With it, you can buy and sell stocks, currencies, metals, and other valuable assets. Together with other subsystems IC Brokerage will offer different types of trading in the case of an uncertain trend in the market.
IC Digital Bank makes payments service in automatic mode via the web - service. At the same time optimizes the operation of the other subsystems IC Brokerage and IC Exchange. Automates work with invoices by electronic payments
IC Crypto Certifier will provide consulting services for training users to work with blockchain technology cryptosystem, IT - support and other educational programs. All graduates of the training program receive a special certificate of the established form.
For beginners, start-ups specifically designed subsystem IC ICO Accelerator, which in addition to promotional support, provided assistance in the preparation of the White Paper, in the preparation and financing of other necessary documentation required for the ICO. Also IC ICO Accelerator offers startups place on IC exchange their tokens.
The IC Wallet is fully equipped with the blockchain technology and acts as the custodian for all the cryptocurrencies available on the ecosystem. Participants can use the wallet to make cryptocurrencies transaction with ease and security. In addition, the wallet will be embedded with the cold storage system and the multi-signature system to create a well-secured environment for all stakeholders. For the IC exchange, it comes with the integration of IC digital bank, IC brokerage and IC wallet linked to a user-friendly platform to create a complete cryptocurrency exchange system. The exchange will list newly issued ICO and other major coins.
IC Wallet performs the main role of multi-purse system that provides a safety function, sending and receiving cryptocurrency. The IC Wallet integrates a digital bank IC Digital Bank, which is to ensure the safe exchange or purchase cryptocurrency for traditional money. Multilevel security prevents any unauthorized access attempts. Multi-exchange Currency Exchange IC exchange trading in the most common and released after the ICO tokens.
Features and functions:
Central to any exchange venue is a trading platform, typically a central limit order book on which counterparties’ orders are matched. Market fragmentation in the cryptocurrency space and increased market complexity impose a set of peculiar operational challenges.
Token Information:
The Ingot ecosystem will require Ingot token which will serve as a utility token. They are having thei ICO going on right now and they have already raised their softcap target which was $40 million!
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Tokens Name: ICC.
Total issued tokens: 120000000 ICC.
Soft cap: $ 40,000 000
Hard cap: $ 90 million
Public sales start: 2018-07-01
End of sales: 2018-10-10
Cost token: 1 ICC = $ 1
Roadmap:
This project looks like a great from all the aspects in crypto world. Ingot is run by CEO Ali Shibib, along with a team of experienced professionals in the areas of electronic money, banking, finance, blockchain technology. The team is with a broad experience with a huge target to capitalize users demand, and they are also very transparent. This project has already attracted a huge number of people in their community. A team can thrive further to their initial target s and beyond if they have a powerful community which is the case for Ingot. Ingot aims to provide a continuous service to its end users in the field of blockchain solutions with its secure, simple and stable exchange also a decentralized banking service. INGOT Coin & Trade.io has already made a strategic partnership to strengthen ICOs.
For more information, you can visit Ingot's official site and read their whitepaper., learn about the team. The links can be found below:
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://facebook.com/ICOINGOT
Youtube: https://www.youtube.com/channel/UCkhXGyI_piMMDMtyrYjI_IA
Linkedin: https://www.linkedin.com/company/ingotcoin/
Twitter: https://twitter.com/ICOINGOT
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1121927
Author's Linkedin Profile: https://www.linkedin.com/in/momo-amzad-46a88316a/
This is a huge project by the looks of it! I just hope this project can successfully fulfil all of its team's vision. Nicely written review! Great start!
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