INGOT COIN
INGOT COIN: BRIDGING BOTH THE CRYPTO AND FINANCIAL WORLD.
Presently, financial servics consist mainly of financial trading & insurance, investment management & advisory; but the current financial system is seriously lagging when it comes to being effective and transparent in trading and financing. The global financial market has been deprived of it reaching its optimal efficiency since the global financial crisis of 2008, some of the current challenges faced in the present financial crypto markets are
i. Lack of connection between the crypto and traditional markets.
ii. High fees in financial markets.
iii. Current market ineffective structures.
iv. Lack of trust in the crypto markets.
v. Impractical crypto exit strategies.
The great American computer scientist Alan Kay said “The best way to predict the future is to invent it” that is why INGOT being in the financial world since 1993 strive to be a trailblazer in the financial industry by providing advanced techniques and solutions to link global markets with global market participants.
Ingot ecosystem will have its own coin INGOT COIN (IC) based on the blockchain technology. Smart contracts will be used to expedite the implementation of different contracts while eliminating the need for brokers and external interference that usually restrain investors from fully engaging in all markets.
INGOT COIN ecosystem will be creating a perfect solution by incorporating six (6) core mechanism in its ecosystem and a one stop will be provided for all digital assets, traditional assets and currency markets to solve the challenges faced in the financial industry by linking the crypto and traditional markets. The mechanism created to tackle these issues are:
i. IC WALLET: This wallet will be a blockchain based crypto wallet committed to serve as a custodian for all cryptocurrencies in the ecosystem, participants will be able to use the wallet to receive, send and store cryptocurrencies procured in the market with ease and security.
ii. IC EXCHANGE: This will be merged securely with IC WALLET, IC BROKERAGE and IC DIGITAL BANK through a user friendly platform, a fully independent Cryptocurrency exchange. IC EXCHANGE will be listing major coins and newly issued ICOs to allow a completely diverse coin spectrum for market participants.
iii. IC BROKERAGE: This will create a focal point to liquidity, effective market pricing and access to all financial product, ranging from Fiat to international equities.
iv. IC DIGITAL BANK: This will provide round the clock automated payment processing with a strong based custodial services. TV bank will also assist the IC BROKERAGE and IC EXCHANGE duties along with providing a 24/7 online services such as E Payment.
v. IC CRYPTO CERTIFIER: This aims to educate and build awareness to all interested parties on the blockchain technology through an array of certified courses on IT consulting, regulatory and financial consulting and cryptography.
vi. IC ICO ACCELERATOR: This aims to unlock funds for all innovative projects by paving the way for creative visions and new ideas.
With these mechanisms set in place, Ingot coin will provide a platform that meets the need of every participant from newbies to pro traders to be able to trade with minimal capital and cost will be minimized with low fees and transparency, data availability and high liquidity will be the order of the day.
For more information on Ingot coin you can download the whitepaper here https://www.ingotcoin.io/documents/en/white-paper.pdf and also be sure to check the website https://www.ingotcoin.io/ for ICO is on with softcap of $30 million already reached. Below is the details of token sale and distribution.
Token Name: IC
Total Token Supply: 120,000,000
Token Price: 1 IC = $1.00
Token Distribution: Public 75%, Early Backers 7%, Team 5%, Bounty Program 5%, Advisory Board 4% and Founder 4%.
Funds Allocation: Digital Bank 23%, Liquidity Fund 22%, Brokerage 18%, Reserve 11%, Exchange Wallet 10%, Legal, PR & Consultation 8%, Crypto Certifier 5%, Accelerator 3%.
TEAM
Iman Mutlaq: Founder INGOT COIN
Partner at Global Alliance Partners, Director at Ingot brokers Australia, CEO at Sigma ltd. Iman has been in the financial services world since 1993, with over 20 years of experience in the market
H.E Sheikh Ali Al Khalifa: Co-founder
Sheikh Ali Abdulla Isa Al Khalifa is the Executive Chairman of Sadad. He is also the Chairman of INGOT Consultation Bahrain. Sheikh Ali has a broad experience in financial, trading and investments sectors.
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.
To see the full list of the team members and advisors follow the link below https://www.ingotcoin.io/en#team
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3581009
Telegram: https://t.me/INGOTCoin
Facebook: https://www.facebook.com/ICOINGOT/
Twitter: https://twitter.com/ICOINGOT
Written by: Arian247
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1767483
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