Topic: [ANN][ICO][IC] INGOT COIN - BRIDGING MARKETS – AN ALL INCLUSIVE ECOSYSTEM - page 14. (Read 252185 times)

what about the maximum number of tokens? What does the team promise?

This increases the attractiveness of the coin in the initial phases and in the long run.

what will this process result? I mean, what is needed?

I know, that INGOT will distribute coin dividends once the company is mature and profitable.

what will be the actions of ingot? What will the team make?

IC Exchange will be integrated securely with the IC Wallet, IC Brokerage and IC Digital Bank through a user-friendly platform, a full fledge cryptocurrency exchange. The exchange will be listing major coins and newly issued ICOs to provide a complete diversified coin spectrum for market participants.

The coins will be listed against other cryptos, fiat currencies and traditional financial instruments such as ETFs, and commodities. By incorporating the IC Exchange with the other components, investors are able to take a new route in terms of trading their cryptocurrencies and diversifying their portfolios.

The IC Exchange will approve several software solutions from other platform providers and exchanges that can be used for trading. The trade at any online electronic exchange platform happens when the best buy order (order with highest bid price) is matched with the best sell order (order with lowest ask price) on price-time priority basis.

IC Exchange will have a full order book directly connected with major crypto exchanges and global markets. The full order book provides the necessary liquidity to instantly buy and sell crypto pairs with the tightest spreads, which ensures significant volume of transactions from day one. Liquidity will be ensured by linking exchange books under the IC Exchange umbrella.

Meanwhile, the IC Brokerage’s order book will be linked to the actual traditional exchanges such as CME, NASDAQ and others in order to insure execution at the most efficient price without any additional cost by intermediaries. For the delivery of an order in terms of crypto versus traditional assets, the seller will transfer value of the crypto to the buyer’s wallet, and the buyer will transfer value of fiat to the seller’s IC Digital Bank account.

Simultaneously as the order is matched and delivered to the users, the seller’s IC Brokerage account reflects the new fiat value available in the IC Digital Bank account, then the system completes the order by purchasing the user’s choice of traditional asset. In the latter scenario, the active components delivering the order are the IC Wallet, IC Digital Bank, IC Brokerage and the IC Exchange, using the order matching system to connect the buyer and seller together, reads and facilitates the type of transaction and its implications in the Ecosystem.

INGOT will use the Distributed Ledger Platform Asset Issuance Module which will provide its Ecosystem participants with an environment to list their newly issued coins and pair them against fiat and other available cryptocurrencies.

For more info visit : https://www.ingotcoin.io/

It is possible to be compared to payments done by other major cryptocurrencies or fiat currencies.

I can comment, that the Exchange will charge a preferred rate on all transactions paid by their coin

I have some questions about the Token and Token Summary

We will know more about this project will be available before the Phase II launch

when will we know more about this platform? What is the period?

And, by the way, all these actions will be made while providing them with a transparent price discovery mechanism.

The next thing is increasing productivity of small farmers

I know, that few of the many goals this phase will accomplish is the reduction of corruption

Does this technology has an aim? If yes – who can tell me?

It will be used to provide proper security and transparency for the industry.

Distributed Ledger Technology refers to the technological infrastructure and protocols that allows simultaneous access, validation and record updating in an immutable manner across a network spread across multiple entities or locations.

Distributed Ledger Technology (DLT), more commonly known as the blockchain technology, was introduced by bitcoin and is now a buzz word in the technology world given its potential across industries and sectors. In simple words, the Distributed Ledger Technology is all about the idea of a ‘"decentralized" network against the conventional "centralized" mechanism, and is deemed to have far-reaching implications on sectors and entities that have long relied upon a "trusted third-party."

Read more here; https://www.investopedia.com/terms/d/distributed-ledger-technology-dlt.asp

what is this DLT technology? Could you explain it to me?

I know, that it will use the DLT (distributed ledger technology).. It is something new

Development...
There are many goals to be achieved, starting from IC Wallet Goes Live, IC Digital Bank Is Open For Business, Completing the Ecosystem Components, Planning the INGOT Digitalized Commodity Exchange, And Launching the Digital Commodity Exchange.

All neatly arranged on the ingot road map; https://www.ingotcoin.io/#roadmap

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Launching the Digital Commodity Exchange
Presenting a solution using smart contracts to increase traceability and trustworthiness in the physical trading of commodities such as wheat, corn, soybean or other agricultural commodities.

Please learn more about ingot trips; https://www.ingotcoin.io/#roadmap