Tuesday, August 7, 2018

INGOT COIN also implements a fee structure


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INGOT strives to be a pioneer in the financial industry that provides innovative techniques and solutions to connect global markets with global market players. Being on the financial market since 1993, INGOT Group has witnessed several inefficiencies directly over the years. As technology advances, global markets and their efficiency continue to grow, giving investors more opportunities.

INGOT continues to work to provide all stakeholders a growing range of innovative products and services globally, enabling it to acquire sufficient expertise to connect this knowledge with new blockchain environments and create an inclusive and self-contained Ecosystem. INGOT Group provides through its entity INGOT Brokers, a wide range of products and services that include ETFs, stocks and international indices, commodities, metals, energy, and currency.

Since its establishment, INGOT has been providing the latest and latest financial products. INGOT introduces the concept of short sale of the Middle East and North Africa (MENA) stocks and Indexes to provide an opportunity to all investors if not available in local exchanges, enabling exclusively diversified risk management techniques.

BLOCKCHAIN

The IC ecosystem will be based on blockchain technology and will use Smart Contracts to facilitate the implementation of different contracts while eliminating the need for intermediaries and external disturbances that limit investors to fully engage in all markets. By adopting blockchain, we create a special ecosystem that will substantially increase customer confidence, market liquidity, and most importantly - provide an efficient market price and access to funds for all stakeholders

The IC ecosystem will change trade, settlement, and payments and make it instant, bring together the different important components and cut out the third party intermediaries that typically delay the process and increase related costs. In addition, blockchain will remove the need for home cleaning as all of the lingering data will be decentralized and transparent to all market participants, in contrast to today's centralized market.

Blockchain will increase security for investors by using smart contracts. This contract will be used on various tradable instruments in the Ecosystem to ensure faster transactions at a lower cost. The use of smart contracts has led most industries to think of ways to improve their services. While some industries are currently adopting the technology, others are lagging behind by not following.

By utilizing smart contracts, various industries seek to minimize cost and time and maximize global reach and transparency. In the financial industry, intelligent contacts embedded in ecosystems lead to development in verification, transactions, and exchange, resulting in safer, transparent, and efficient markets for participants.

ECOSYSTEM IC

INGOT Coin will create a complete solution by integrating 6 core ecosystem components and providing one-stop-shop for digital assets, traditional assets and currency markets to solve all the above-mentioned challenges, thus creating a link between the crypto market and traditional markets. The IC ecosystem will form 6 different components to work hand in hand under one umbrella, giving all members of the community an opportunity to take advantage of future opportunities in all markets. The ecosystem components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certificate and IC IC Accelerator.

WALLET IC

IC Wallet will be a blockchain based crypto wallet dedicated to working as a custodian for all cryptocurrencies in the Ecosystem. Participants will be able to use the wallet to send, receive, and store cryptocurrencies available in the market easily and safely. The wallet will contain a multi-sign storage and cold storage system to create a safe and reliable environment for all stakeholders. The wallet allows token transfers to and from other exchanges and purses. Furthermore, the wallet will be integrated with IC Digital Bank, allowing users to pay with fiat and settle with crypto and vice versa.

EXCHANGE IC

IC Exchange will be securely integrated with IC Wallet, IC Brokerage, and IC Digital Bank through a user-friendly platform, full cryptocurrency currency exchange. The exchange will register large coins and newly issued ICOs to provide a complete diversified coin spectrum for market participants. Coins will be listed against other cryptos, fiat currencies and traditional financial instruments such as ETFs, and commodities. By combining Exchange ICs with other components, investors can take new routes in terms of their cryptocurrency trade and diversify their portfolios.

IC BROKERAGE

IC Brokerage will create a liquidity center, efficient market prices and access to all financial products, ranging from fiat currencies to international equities and from commodities (Agriculture, metals, and energy) to ETFs. Integration of IC Brokerage with IC Exchange and IC Wallet further provides investors with hundreds of options to trade in times of market uncertainty. Through Brokers, users will be able to actively protect and expand their investment portfolio. Brokers will allow instant trading on crypto/stock or crypto/commodities such as (BTC / APPL, BTC / GOLD, etc.)

IC DIGITAL BANK

IC Digital Bank will provide a 24/7 automatic payment process with a high-level web-based custodian service. IC Digital Bank will also facilitate IC Brokerage and IC Exchange tasks, together with providing daily online services such as electronic payments. Furthermore, clients can open different bank accounts from now on and savings, to brokerage accounts. IC Digital Bank will also provide fund management for all interested stakeholders and support their trading activities by providing unmatched settlement and remittance at the lowest cost.

Token
Summary Token

The exchange will charge the preferred rate on all transactions paid by our coins, as opposed to payments made by currencies or other major fiat currencies.
INGOT will distribute coin dividends after the company matures and benefits. This increases the appeal of coins in the early phases and in the long run.

The maximum number of tokens to be distributed is 120,000,000 ICs. In case the token is not all sold after all ICO expires, all unsold token will enter the intelligent contracted burning program.

Use Token
This hybrid token serves as a security utility and token. We will go to the broad explanation of both lucrative areas.

Security benefits
The token holder will benefit from Ecosystem yield growth. Refunds will be reflected on the price, in the case of Capital Profits and in the case of Dividends. As one of the main objectives of the Ecosystem is to meet the token holders and ensure their benefits are at the top of the list of goals, a reflection of IC price returns will be channeled through our dividend program that will commence once the Ecosystem is sustainable and profitable. As currently on the market, companies that pay increased dividends to their shareholders will enjoy an increase in stock or token prices. This is caused by
increased security appeal as security price returns have increased. Together with some other cryptocurrencies, tokens will have limited inventory, which will lead to supply improvements while demand may increase which will lead to capital gains for holders of tokens.

On the other hand, INGOT COIN also implements a fee structure. This will charge buyer transaction fees. INGOT COIN will use these costs to provide a source of revenue for ongoing maintenance and development. In this case, if the buyer pays with Bitcoin, Ethereum or Litecoin: 3%, followed by 1.5%, to be paid to the partner classified, and 1.5%, to finance INGOT COINPremium and services. In addition, if the buyer pays with Yoshi coins: 1.5% then 1.5% is paid to the partner classified. This cost structure serves to promote transactions in Yoshi Coin and support the growth and sustainability of the market. However, you do not have to worry because INGOT COIN offers placement of display ads and premium ad placement as your allowance.


Sales Token - 1 IC = 1 USD




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ETH : 0xcBa9A3AC842C203eAAA4C7Cb455CFf50cEe30581


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