Good day everyone,i would be writing about INGOT COIN like i did the last time,click on this link in order to have an overview of it https://steemit.com/ingotcoin/@adelekejustin01/introduction-to-ingot-coin-the-first-fully-integrated-blockchain-based-wallet .Today i wpuld be writing further on the following;
- ADVANTAGES OF IC ECOSYSTEM
- TOKEN
- UTILITY BENEFITS
ADVANTAGES OF IC ECOSYSTEM
- Crypto vs Crypto Trading
- Crypto vs Fiat Trading
- Crypto vs Traditional
- Fiat vs Fiat Trading
- Fiat vs Traditional
- Custodial Services
- Payment Processing
- CryptoCurrency Custodial
- 24/7 Digital Banking Service
- Highly Liquid Exchange
- Listing New CryptoCurrencies
- One-Stop-Shop for creating ICOs
- Setting Educational Standards
- Fund Management
- Credit Ratings
TOKEN
The Exchange will charge a preferred rate on all transactions paid by their coin, compared to payments done by other major cryptocurrencies or fiat currencies.
INGOT will distribute coin dividends once the company is mature and profitable. This increases the attractiveness of the coin in the initial phases and in the long run.
The maximum number of tokens that will be distributed will be 120,000,000 IC. In case tokens were not all sold once all the ICO ends, all unsold tokens will enter a burning program as per the smart contract.
Uses of the Token :This hybrid token serves as a utility and a security token. They will go into extensive explanations of both beneficial areas.
SECURITY BENEFITS
The token holders will benefit from the growth of the Ecosystem’s returns. The returns will be reflected on the price, in terms of Capital Gains and in terms of Dividends. As one of the Ecosystem’s main objective is to satisfy token holders and ensure their benefits are on the top of the objectives list, the reflection of the returns on the price of IC will be mainly channeled through our dividends program that will start after the Ecosystem is sustainable and profitable.
As it is currently in the market, companies that pay increasing amounts of dividends to their shareholders will enjoy increase in stock or token prices. This is due to the increase in attractiveness of the security as the returns on the price of the security has increased. Along with some of the other cryptocurrencies, the token will have limited supply, which will lead to fixing the supply while demand can increase that will lead to capital gains for token holders.
UTILITY BENEFITS
The main benefits of this token lie here. The token could be used in a magnitude of ways:
Method of payment within the Ecosystem: As there is value to the coin, Ecosystem stakeholders will be willing to receive these coins as a method of payment. The advantage here is that if a token holder is paying the IC Exchange, IC Brokerage, IC Crypto Certifier, IC Accelerator and the IC community they will receive various discounts from 5% and reaching up to 50% in some cases.
Method of payment to external entities: In this case, IC will act just like any other cryptocurrency, a method of payment with value shown clearly from the exchanges. The increase in circulation of the token will provide a more efficient price of the token.
INGOT Coin will be the preferred transacting method throughout the entire Ecosystem, covering the following components;
ECOSYSTEM CAPS
HARD CAP
Based on their extensive financial model, they have placed a hard cap of $90,000,000. This number will ensure that they provide the best services with optimal allocations into each component of this all-inclusive ecosystem. The values plotted below include the best registrations with top-notch developers implementing on state-of-the-art technologies.
Many assets will be shared among the Ecosystem. The above values include cost of licenses that depend on the country of choice. Different countries have different costs and presents us with different statuses.
SOFT CAP
Their Ecosystem could be constructed in rounds. However, the main core should be implemented simultaneously. Having said that, we have included the main components with their minimum value to be launched with a minimum of $37,000,000.
BE PART OF A GREAT HISTORY BY PARTICIPATNG IN THIS PROJECT.
THANKS FOR READING.
To know more about this platform;
visit the website: https://www.ingotcoin.io
join the telegram group: https://t.me/INGOTCoin
whitepaper link: https://www.ingotcoin.io/documents/en/white-paper.pdf
my bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1070043
facebook link: https://www.facebook.com/ICOINGOT/
twitter link: https://twitter.com/ICOINGOT
ANN/BOUNTY THREAD LINK: https://bitcointalk.org/index.php?topic=3591451