The tokenomics and allocation of the ingotcoin token
In my previous article about Ingotcoin, I wrote about how it plans to bridge the gap between the cryptocurrency market and the traditional financial sector and how it aims to take proper care and solve both individuals and organisations blockchain and financial needs all in a single consortium.
Holders of ingotcoin and other cryptocurrency participants are assured to be rewarded for using and adding value to the ecosystem.
By the virtue of the integration of the six component ecosystems(IC wallet, IC digital bank, IC brokerage,IC exchange, IC crypto certifier and IC ico accelerator) In which I explained in my previous article which forms the ingotcoin total ecosystem,the blockchain is confident to make a giant stride straight into the heart of the traditional financial sector/market all thanks to the brilliant Ingot initiative.
INGOT TOKENOMICS:
The ingotcoin token is an hybrid token which doubles as a security and utility token.
A security token in the sense that holders of the IC token will earn rewards in form of dividends as the ingotcoin project thrives, grows and prosper and an utility token in the sense that it can be utilized in various ways to do series of things including payments within and outside the ingotcoin ecosystem.
The IC token is an ERC-20 ethereum blockchain based token with a total supply number of 120,000,000 tokens and will be distributed as follows;
Public(75%)- 90,000,000 IC tokens
Early backers(8%)- 8,400,000 IC tokens
Bounty program(5%)- 6,000,000 IC tokens
Team(5%)- 6,000,000 IC tokens
Advisors(4%)- 4,800,000 IC tokens
Founder(4%)- 4,800,000 IC tokens
With an ICO price of $1, $37000,000 is set as softcap which has already been reached and surpassed while $90,000,000 is targeted as hardcap.
ICO is currently live till 11-08-2018,sure you don't wanna miss out on this grea project. To read more about the ingotcoin project or participate in the ongoing token sale please click on the following links;
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://www.facebook.com/ICOINGOT/
Twitter: https://twitter.com/ICOINGOT
Author/ My bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=1944743
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