INGOT: THE PERSPECTIVE ECOSYSTEM
The present-day financial services consist mainly of financing, investment management & advisory, trading and insurance. The current financial system lacks efficiency and transparency when I comes to trading. The market entry is complicated and likewise the service fee charge are quite substantial for investor. This is why some of the investors get discouraged from actively participating in the current market. Small investors also get overlooked in favor of bigger and weathier investors and this combine with the lack of trust in the market that increased after the 2008 crisis, the global financial market is prevented from reaching optimal efficiency. Also among the current challenges in financial and crypto market is the lack of connection between crypto and traditional markets:, the traditional financial market and crypto are quite segregated for participants that is attempting to cross over or move their capital from one market to another. This segregation can be attributed to the large transaction cost, time and money. These costs sometimes lead to the eradication of profit and in some cases lead to losses which also hinder investors from participating in the market.
Furthermore, other problem in the system includes, the lack of trust in the crypto markets and the high fee in financial markets to mention a few.
To bring an end to the identified problems, the INGOT seeks to be the pioneer in the financial industry to provide innovative technics and solution to link the global market with the global market participants. The INGOT has been in the financial market since 1993 therefore they have the experience and technical know-how to help the community. The INGOT has over the years witness multiple inefficiencies. The INGOT group will provide through its entity INGOT brokers, a wide variety of product and services which includes international shares, commodities, metals, energies as well as currencies. The INGOT has been providing the newest and most up to date financial product since its establishment.
THE ECOSYSTEM OVERVIEW
The INGOT will create a first of its kind revolutionary ecosystem based on the blockchain technology which will link the newly developed crypto market with the currently existing financial market thereby eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transaction according to their financial needs. The ecosystem will create a new path way between the crypto and the current traditional market participants, this will enable them to diversify their portfolio in an efficient and secure manner.
THE INGOT SOLUTION
The INGOT aim is to bring solution to the many problems identified, through the INGOT Coin (IC) ecosystem. This will be done by integrating 6 core ecosystem components and providing a one-stop shop for the digital asset, traditional asset and currency market to solve all the above mentioned challenges. By so doing the INGOT coin is creating a link between the crypto market and the traditional market. The 6 core ecosystem created will work under a single umbrella, providing all the community members the chance to capitalize on upcoming opportunities in the markets. The 6 components includes:, The IC exchange, IC brokerage, IC digital bank, IC certifier, IC wallet and IC ICO accelerator.
The IC wallet is a blockchain based crypto wallet that is dedicated to work as a custodial for all cryptocurrencies in the ecosystem. The participants will be able to use this wallet to send, receive and store cryptocurrency available in the market with ease and security.
The IC exchange will be listing major coins and newly issued ICOs to provide a complete diversify coin spectrum, for market participant.
BENEFIT
• The IC bank dispenses with the requirements for charges with even the littlest of micropayment without a go-between
• The IC wallet offer the most outstanding model with respect to security which guaranty a smooth and experimental method of exchange for the fiat and cryptocurrency.
• The IC bank accommodate decentralized records which empowers straight forwardness.
THE INGOT TOKEN
The hybrid token serves as a utility and security token. The INGOT will distribute coin dividend once the company is mature and profitable. This will increase the attractiveness of the coin in the initial phases and in the long run. The minimum number of tokens to be distributed will be 120,000,000 IC (INGOT coin). In case there is an unsold token, it will enter the burning program as per the smart contract.
TOKEN AND FUND ALLOCATION
ICO
ROADMAP
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