Topic: [ANN][ICO][IC] INGOT COIN - BRIDGING MARKETS – AN ALL INCLUSIVE ECOSYSTEM - page 163. (Read 252185 times)

What projects does the INGOT include?

Why should you launch an INGOT Coin while you have economic potential?

Why sould we buy INGOT coin?

How to register Private Sale?

Can INGOT coin be mined?

What is the purpose of INGOT Coin?

What is INGOT Coin? Can you explain a little?

The project targets financial and crypto markets. The vision is to build a link between growing crypto market and existing traditional financial industry and to provide new solutions addressing current limitations and issues. The WP lists the following problems:

Lack of connection between crypto and traditional markets mainly due to large transaction costs
Traditional market structure is ineffective in the face of emerging technologies, opportunities and market participants’ demands
High fees within financial markets
Impractical crypto exit strategies
Lack of trust in crypto markets
Lack of accessible education.
Each of six IC Ecosystem components are addressing these real-life issues.

Thank you for your nice comments,The Ecosystem will provide an environment for trading crypto/fiat pairs faster and cheaper than all currently existing platforms. Given that the IC Bank and IC Exchange are connected to the same network, transactions are all processed internally. The figure above demonstrates a crypto/fiat transaction where Steve wishes to exchange his crypto for fiat, Laura wishes to buy crypto using fiat. Steve places a USD/IC buy order through his IC Wallet interface which instantly places an order on the IC Exchange order book after transfer of their coins to the IC Exchange custodial wallet. Once the order is matched, the user’s IC Bank account is deposited with the proceeds of the sale in USD.

Anyone places a IC/USD buy order through his IC Digital Bank interface which immediately places an order on the IC Exchange order books, a temporary hold on the order amount is placed on the fiat funds in the user’s IC Bank account. Once the order is matched the recently purchased cryptocurrencies are deposited directly into the user’s IC Wallet according to the smart contract and the previously held fiat funds for the amount of the transaction in the buyer’s IC Bank account are transferred to the seller’s IC Bank account instantly as an internal transfer. Given that the exchange and the bank are under the same umbrella, the system is able to perform deposits first and settlements second in the back offices, it is just as easy as an internal transfer.

Thank you for your interest on INGOT Coin

Much has been made of all the ways blockchain and cryptocurrencies can potentially displace existing infrastructure. For all the ways it can't—and there are many—INGOT is leading the way in integrating the cutting edge technology with traditional assets, laying the foundation for blockchain implementations on a global scale.
INGOT Coin sees unique market opportunities arising from the need to bridge conventional financial markets and cryptocurrencies, and to provide ready liquidity for crypto investors. We understand the limitations of the traditional financial markets and their tough regulatory requirements, while also recognizing that the crypto world lacks basic regulations needed to avoid outright fraud. We are addressing the following problems: - Lack of trading terminals with simultaneous access to financial and cryptocurrency markets. Crypto investors cannot trade conventional financial assets for cryptocurrencies unless registered at multiple trading platforms and being subject to transaction and deposit fees on each. - Lack of familiar investment instruments and ready liquidity in crypto markets. Investors either face high volatility of individual cryptocurrencies or have a choice of investing into a variety of even more volatile digital tokens, issued by startups that may cease to operate at any moment. - Disconnect between traditional and cryptocurrency markets prevents easy movements of capital between asset classes and trading the difference in pricing of similar asset classes.
Direct exchange of digital assets for conventional financial instruments is not possible at all at this time. - Insufficient legal, compliance and security framework for crypto investments. We appreciate the promise of shared and distributed economy but have to conclude that without proper legal structure and consistent regulatory compliance, any type of an investment would become risky and unduly volatile. - Lack of retail investment instruments. Financial markets generally have higher limits for retail investment, which provided a boost for the crowdfunding markets.

A new era for Crypto Markets - INGOT Coin

The IC Ecosystem will contribute round the clock support, services and linkage between markets, supplying the industry’s fastest and safest entry and exit mechanism for both sides, leading to making reallocation and trading techniques as efficient as possible, without being hindered by the time and cost associated with the previously segregated markets. The IC Ecosystem expedite tutelary and brokerage services that will encompass all traditional financial instrument functions needed. Linking multi-signature and cold storage IC Wallets with the fully-fledged IC Exchange in addition to linking the IC Brokerage to both components will allow clients to safely trade in crypto and alter to the traditional market freely then easily expand or liquidate their investments through the IC Bank.
INGOT Coin will present a platform that meets the needs of beginner as well as advanced traders to trade with minimal initial capital. IC will also provide its own cryptocurrency, which will be available on different exchanges for all investors and market participants to purchase. IC will show no bias towards any market participants and will provide fair and equal opportunities to all participants regardless of size of trade, type of order or initial capital.
Know your customer (KYC) refers to due diligence activities that financial institutions and other regulated companies must perform to ascertain relevant information from their clients for the purpose of doing business with them. The term is also used to refer to the bank regulation which governs these activities. Know Your Customer processes are also employed by companies of all sizes for the purpose of ensuring their proposed agents', consultants' or distributors' anti-bribery compliance. Banks, insurers and export credit agencies are increasingly demanding that customers provide detailed anti-corruption due diligence information, to verify their probity and integrity.Standing for "Anti-money Laundering", it is a set of procedures, laws or regulations designed to stop the practice of generating income through illegal actions. In most cases money launderers hide their actions through a series of steps that make it look like money coming from illegal or unethical sources was earned legitimately. 

The KYC and AML compliance may seem strict to some investors however, this is a necessary procedure to ensure the safety of the Ecosystem and all stakeholders. This is done to make the Ecosystem trustworthy, secure, transparent and compliant; consequently, filling the Ecosystem’s singular KYC allows participants to open one account in the IC Digital Bank, the IC Exchange, the IC Brokerage, and the IC wallet simultaneously to trade crypto, fiat, and traditional instruments hereon after.
IC will build trading direct, cost efficient, less timely and more available round the clock by using distributed technologies and discarding the issues brought by 3rd party intermediaries and banks such as high fees, unavailability, and time consumption. Crypto traders and holders will have a pathway to freely enter and exit different markets in a single place. Crypto traders and holders will no longer fear bear markets as they could crossover to other markets such as stocks or commodities and mitigate their risk immediately.

Digital currencies and blockchain platforms are by nature in the business of putting financial overlords out of business. If individuals and institutions can transact directly at a significantly lower cost due to the removal of exchange middlemen, then there is less of a need for traditional banks and other controllers of the money game. For example, transaction intermediaries (e.g., card networks like Mastercard) — five or more of which are currently required to complete the end-to-end processing of, say, your coffee purchase at Starbucks — are potentially put at risk.

A number of financial institutions are sharing the exploratory heavy lifting by funding or joining partnerships to chase and deploy opportunities for individual and joint cost savings, such as with lower inter-bank settlement fees. Over 40 industry consortiums, mostly in the financial arena, are actively exploring blockchain use cases, developing rules and standards, and creating platforms for a range of financial activities including cross-border payments, asset management, and trading. Many of these consortiums serve as a kind of financial international space station. All participants know that there are advantages to joint exploration and shared costs, but there is also competition at play in a still unexplored environment.

On the institutional investment front, hedge fund managers everywhere are racing to get into the digital currency game. Specialized crypto hedge funds now allow investors to put their money into a pool of existing and new cryptocurrencies. Hedge funds are likely to continue their lead in digital currency investments.

In the highly lucrative business of money transfers, global leader Western Union does not appear to be overly concerned about blockchain-based cryptocurrency money movement competitors. Upstarts in the crypto money transfer space advertise lower money transfer fees using bitcoin, but Western Union counters that the ease of use and ubiquity of their existing systems, and lack of customer demand for crypto-based systems, do not offer enough of an incentive to change course.

No doubt some legacy institutions are hesitant to try the new technologies at a time when existing systems still work and are profitable. They understandably want to see how other large companies and startups fare before making major investments of their own. But the writing is on the wall, especially since startups in the fintech world are nipping at their heels and driving the development of new, innovative solutions.

Another sector facing a real threat from cryptocurrencies and the new funding model they have spawned is venture capital. If issuing a token through an ICO can generate millions of dollars in only hours after a new token is offered for public purchase (a situation which is not uncommon), startups don’t need to jump through the hoops typically required to get VC funding. Furthermore, in the crypto-capital universe, blockchain startups don’t need to relinquish full ownership of their companies or worry about eventual shareholders bossing them around. Instead of demanding business plans, VCs may eventually need to develop a business plan of their own in order to stay competitive.

IC Solution: IC Ecosystem


INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services.
The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystem’s components, as shown below, are the  IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.

IC Wallet will be a blockchain based crypto wallet dedicated to working as a custodial for all cryptocurrencies in the Ecosystem. Participants will be able to use the wallet to send, receive, and store cryptocurrencies available in the market with ease and security. The Wallets will contain multi signature and cold storage systems to create a secure and reliable environment for all stakeholders. The Wallet allows for transfer of tokens from and to the exchange and other wallets. Besides, the wallet would be integrated with the IC Digital Bank, Allowing users to pay with fiat and settle with crypto and vice versa.

IC Exchange will be integrated securely with the IC Wallet, IC Brokerage and IC Digital Bank through a user friendly platform 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. Investors are able to take a new route in terms of trading their cryptocurrencies and diversifying their portfolios by incorporating the IC Exchange with the other components.

IC Brokerage will comprise a hob of liquidity, efficient market pricing and access to all financial products, ranging from fiat currencies to international equities and from commodities to ETFs. The IC Brokerage’s integration with the IC Exchange and the IC Wallet, further provides the investors with hundreds of options to trade in times of any market uncertainty. Through the Brokerage, users will be able to actively hedge and expand their investments portfolios.

IC Digital Bank will provide 7/24 automated payment processing with high-level web-based custodial services. The IC Digital Bank will also facilitate the IC Brokerage and IC Exchange duties, along with providing day-to-day online services such as e-payments. In addition to this, clients are able to open different bank accounts ranging from current and saving, to brokerage accounts. The IC Digital Bank will also provide fund management for all interested stakeholders and support their trading activities by providing unmatched settlement and remittance speed at the lowest fees.

IC Crypto Certifier will aim to build awareness and educate all interested parties on the blockchain technology, through its up-to-date, powerful and diversified educational services. This will include a variety of certified courses on IT consulting, compliance, cryptography, regulatory and financial consulting. Successful graduates will receive and industry-leading and globally distinguished certificate with the different standards agreed upon between industry   leading masterminds.

IC ICO Accelerator will aim to unlock funding for all innovative projects by paving the way for creative visions and new ideas. The IC ICO Accelerator will guide entrepreneurs and startups raise funds by providing them with essential services, ranging from marketing strategies, PR services, white paper content creation, to legal services and blockchain technology development. Finally, IC ICO Accelerator will guide participating ICOs to list their tokens on the IC exchange on a much more reasonable price and conditions

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You've got your own IC Bank, thats a cool feature. Your project looks awesome. You Must try listing your coin on ICO Guide https://www.icoguide.com/en  for better and quick and positive responses

IC ICO Accelerator will aim to unlock funding for all innovative projects by paving the way for creative visions and new ideas. The IC ICO Accelerator is a “one stop shop” in the sense that it will guide entrepreneurs and startups raise funds by providing them with essential services, ranging from marketing strategies, PR services, Whitepaper content creation, to legal services and blockchain technology development. Finally, IC ICO Accelerator will guide participating ICOs to list their tokens on the IC exchange on a much more reasonable price and conditions.

Thank you for your great support. INGOT Coin, pioneering the link between the Crypto universe and the current traditional financial industry, is pleased to announce a Joint Venture Partnership with GMEX Group (GMEX), a leading provider of exchange and post-trade solutions; and the start of INGOT Coin’s Blockchain based All-Inclusive-Ecosystem.

GMEX will provide Fusion, their hybrid centralised & Blockchain based global exchange trading, market surveillance, post-trade infrastructure and digital banking solution and work with INGOT Coin to develop a full, and first of its kind, Ecosystem in multiple asset classes including equities, debt, FX, derivatives, commodities, Cryptocurrencies and digital assets.

The full Ecosystem includes a mixture of centralised & Blockchain-enabled integrated services including digital wallet storage and real-time settlement management to facilitate secure custody of Crypto assets. It will also include the ability to tokenise traditional assets e.g. securities; an Exchange with real-time clearing to allow margin trading without a CCP; digital banking with full Cryptocurrency and fiat currency support; and brokerage house platforms.

Working with INGOT Brokers, an affiliate company of INGOT Coin under the same umbrella of INGOT Group, GMEX, will develop the components of INGOT Coin and integrate them to deliver a cost and time efficient trading experience to all participants.

Iman Mutalq, Founder of INGOT Coin, stated that “GMEX is an extremely vital partner for us here at INGOT Coin, as we believe they strive to keep up with the latest technological advancement and always provide turnkey solutions to business and firms in different industries.” She added that “We believe in our partners, especially GMEX, and know that they will deliver the best of both innovation and technical development. Our partnership with GMEX has just started and is in no means limited to the development of INGOT Coin, we are actually joining our forces to change the future of Blockchain and Cryptocurrencies.”

Capitalising on the new partnership, both GMEX and INGOT Coin are continuing to grow their networks. A demonstrable Minimum Viable Product (MVP) of the INGOT Coin ecosystem will be soon available for the community to access.

Hirander Misra, Chairman and CEO of GMEX Group commented “The INGOT Coin ecosystem is the first of its kind combining networks through collaboration.” He added “INGOT Coin links the Crypto universe to the traditional financial industry covering the complete vertical and horizontal value chain from trading and broking, exchange execution, clearing, settlement, custody and digital banking enabled by a combination of Blockchain and centralised solutions and services.”

INGOT Coin is the first fully integrated Wallet with a Digital Bank, Brokerage, Exchange, Certifier, and ICO Accelerator. All components are rolled into a single and complete ecosystem, which rewards token holders and consumers for using and contributing to it. INGOT Coin is a decentralized cryptocurrency which provides benefits and discounts within the ecosystem itself. IC will be based on a ERC20 technology.

INGOT Coin is became familiar in the cryptocurrency world day by day

Tahank you for your nice comments. By the way, you should learn the latest new from INGOT Coin. INGOT Coin, pioneering the link between the Crypto universe and the current traditional financial industry, has just announced a Joint Venture Partnership with GMEX Group (GMEX), a provider of exchange and post-trade solutions; and the start of INGOT Coin’s Blockchain based All-Inclusive-Ecosystem.

GMEX will provide Fusion, their hybrid centralized & Blockchain based global exchange trading, market surveillance, post trade infrastructure and digital banking solution and work with INGOT Coin to develop a full, and first of its kind, Ecosystem in multiple asset classes including equities, debt, FX, derivatives, commodities, cryptocurrencies and digital assets.

The full Ecosystem includes a mixture of centralized & Blockchain-enabled integrated services including digital wallet storage and real-time settlement management to facilitate secure custody of Crypto assets. It will also include the ability to tokenize traditional assets e.g. securities; an Exchange with real-time clearing to allow margin trading without a CCP; digital banking with full cryptocurrency and fiat currency support; and brokerage house platforms.

Working with INGOT Brokers, an affiliate company of INGOT Coin under the same umbrella of INGOT Group, GMEX will develop the components of INGOT Coin and integrate them to deliver a cost and time efficient trading experience to all participants.

Iman Mutalq, Founder of INGOT Coin, stated that:

GMEX is an extremely vital partner for us here at INGOT Coin, as we believe they strive to keep up with the latest technological advancement and always provide turnkey solutions to business and firms in different industries.” She added that “We believe in our partners, especially GMEX, and know that they will deliver the best of both innovation and technical development. Our partnership with GMEX has just started and is in no means limited to the development of INGOT Coin, we are actually joining our forces to change the future of Blockchain and Cryptocurrencies.

Capitalizing on the new partnership, both GMEX and INGOT Coin are continuing to grow their networks. A demonstrable Minimum Viable Product (MVP) of the INGOT Coin ecosystem will be soon available for the community to access.

Hirander Misra, Chairman and CEO of GMEX Group commented:

The INGOT Coin ecosystem is the first of its kind combining networks through collaboration.

He added:

INGOT Coin links the Crypto universe to the traditional financial industry covering the complete vertical and horizontal value chain from trading and broking, exchange execution, clearing, settlement, custody and digital banking enabled by a combination of Blockchain and centralized solutions and services.

There are many advantages of IC Ecosystem. Cryptocurrency market has become impressed in our lives. According to forecasts of The World Bank, 10% of world’s GDP will be refined by means of blockchain by 2025. Cryptocurrencies are already displaying advantages for public, but have not yet received wide opportunities to implement full power of their truly breakthrough technologies in "physical world" mode.
What is the main advantages of cryptocurrency exchange system? The concept is based on a decentralized platform that is on a blockchain technology which joins together to manage the database of all the transactions taking place. Thus, via a decentralized system, we can keep count of all the transaction and transparency is maintained.since the blockchain concept is highly encrypted via a technique called cryptography, tracing the path of the transaction becomes almost impossible. Hence, there is full anonymity and no risk or threat of theft. Therefore this system does not play with the trust of people. the transactions take place from client to client and thus are just a matter of seconds.No third party involvement and hence very low or no fees of transaction. Often the regular payment gateways or online payment do the transactions via a third party and charge high transaction fees. But such is not the case with cryptocurrency system.You can have your own cryptocurrency wallet and you can use it anytime and anywhere for any kind of payment very conveniently. Thus you are your own bank and geographical barriers are not a problem anymore.
These are only one of the few advantages of cryptocurrency exchange system. IC Ecosystem expands the vision of crypto currency world and provides many advantages to users. Some of the major benefits are listed down below;

Crypto VS Crypto

IC ecosystem is designed to provide unique first of its kind innovative solution as well as improved solutions to existing models, through the IC Wallet and exchange users can exchange, store and transfer a variety of cryptocurrencies users will also be able to participate in certified ICOs through the Ecosystem. The figure above resembles a typical crypto/crypto transaction in the IC ecosystem.
After registering for the IC Wallet and depositing crypto funds users are immediately able to send, receive and exchange cryptographic tokens. In this example, Ahmed wishes to exchange some Bitcoins for INGOT Coin; the user transfers the desired amount of Bitcoin from the IC Wallet to the IC Exchange custodial wallet and places a BTC/IC order and a smart contract is initiated, Sandra on the other hand wishes to exchange some INGOT Coin for Bitcoin and respectively transfers some INGOT Coin from the IC Wallet to the IC Exchange custodial wallet, once the funds are available in the IC Exchang custodial wallet the user can place an IC/BTC trade order. Once orders are matched the exchange is completed according to the smart contract and the funds are directly deposited into each user’s IC Wallet with no third-party intervention, meaning the funds do not pass through any third-party wallet before reaching their destination wallet.

Crypto VS Fiat
The Ecosystem will provide an environment for trading crypto/fiat pairs faster and cheaper than all currently existing platforms. Given that the IC Bank and IC Exchange are connected to the same network, transactions are all processed internally. The figure above demonstrates a crypto/fiat transaction where Steve wishes to exchange his crypto for fiat, Laura wishes to buy crypto using fiat. Steve places a USD/IC buy order through his IC Wallet interface which instantly places an order on the IC Exchange order book after transfer of their coins to the IC Exchange custodial wallet. Once the order is matched, the user’s IC Bank account is deposited with the proceeds of the sale in USD.

Anyone places a IC/USD buy order through his IC Digital Bank interface which immediately places an order on the IC Exchange order books, a temporary hold on the order amount is placed on the fiat funds in the user’s IC Bank account. Once the order is matched the recently purchased cryptocurrencies are deposited directly into the user’s IC Wallet according to the smart contract and the previously held fiat funds for the amount of the transaction in the buyer’s IC Bank account are transferred to the seller’s IC Bank account instantly as an internal transfer. Given that the exchange and the bank are under the same umbrella, the system is able to perform deposits first and settlements second in the back offices, it is just as easy as an internal transfer.
Crypto VS Traditional
IC offers the first sustainable model for crypto/traditional (stocks & commodities) trading. By integrating a traditional brokerage with a cryptocurrency exchange we have arrived at an innovative solution that connects the crypto markets to traditional markets such as ICE, CME, NYSE, NASDAQ, EURONEX, LSE & many more.

Someone wants to buy stocks from the IC Brokerage in exchange for IC. In the ordering phase he/she will place a market order on the platform based on the best IC Brokerage bid and ask prices for the specified stock and IC. As orders are place, the IC Brokerage will start the matching phase where the IC Brokerage will connect both participants with the best buy order and the best sell order for the specified pair. The IC Brokerage will base its matching on a price-time priority matching, therefore providing no bias towards any participants. The movement of funds will be from the IC Wallet to the Exchange segregated wallet, then after the sale happens the money is internally transferred to his/her bank account. As soon as the money is there, wang will be able to purchase the specified stock that he is requesting.

Traditional VS Fiat
One customer wants to buy (AAPL) Apple stocks from the IC Brokerage with fiat (USD) while another one wants to sell (AAPL) Apple stocks for fiat (USD) currency. In the ordering phase both participants will place their market orders in the IC Brokerage based on the best IC Brokerage bid and ask prices for AAPL and USD respectively. As orders are place, the IC Brokerage will start the matching phase where the IC Brokerage will connect both participants as their orders were the best buy order and the best sell order for the USD and AAPL pair. The IC Brokerage will base its matching on a price-time priority matching, therefore providing no bias towards any participants. With respect to price, size and value of order, only time will be considered as a factor to match. In other words, if there is a buy order at a price of 100 USD and there are 2 sell orders of Apple shares worth 100 USD, then the system will automatically take the participant with that ordered the sell first.

Fiat VS Fiat
The best option for explanation is giving an example. Marc wants to trade his U.S Dollars for Euros while Julia wants to trade her Euros for U.S Dollars. This order will be considered as Fiat vs Fiat as both participants are only looking to exchange the type of fiat currency that they own. This is done most of the time to hedge different prices if the participants have business in different countries and receive a variety of currencies. The process starts with the participants ordering their requested currency. Let's take Carlos and Maria as an example. Carlos and Maria will place their market orders in the IC Digital Bank through the IC Platform and based on the best bid and ask prices for the Euro and the USD. As requests are ordered, the IC digital Bank will match the best ask and best bid prices together. As orders are matched, the U.S Dollars are transferred from Maria’s IC Digital Bank account to Carlos’s IC Digital bank and Euros are transferred from Carlos’s IC Digital Bank account to Maria’s IC Digital Bank account.

Custodial services
IC Digital Bank will provide 24/7 automated payment processing with high-level web-based custodial services. The IC Digital Bank will also facilitate the IC Brokerage and IC Exchange duties, along with providing day-to-day online services such as e-payments. Furthermore, clients are able to open different bank accounts ranging from current and saving, to brokerage accounts. The IC Digital Bank will also provide fund management for all interested stakeholders and support their trading activities by providing unmatched settlement and remittance speed at the lowest fees.

Payment Processing
Fiat funds such as Euro or US Dollar can be deposited in the IC Bank and managed manually by the IC Exchange operator or automated through the implementation of payment processing features through the IC Digital Bank interface.