Ingot Coin Review

Since the financial crash of 2008, and the subsequent introduction of cryptocurrency in the form of Bitcoin, numerous developers have worked furiously at putting together innovative projects that could revolutionize the financial industry. Whilst many ICOs were off to a rocky start, if they did not fail entirely, some have managed to come up with realistic proposals for what the future of the economy could look like. One of these is the Ingot Coin ICO, which offers “the first fully integrated Wallet with a Digital Bank, Brokerage, Exchange, Certifier, and ICO Accelerator”. Rather than concentrating on one specific innovation, the team behind Ingot Coin offers a range of products and services that together form a complete decentralized financial ecosystem supported by blockchain technology.

What is Ingot Coin?

The Ingot ecosystem is comprised of eight different components. The IC Digital Bank facilitates all transactions, payments, and settlement within the Ingot ecosystem. The IC Brokerage provides a portal full of opportunities for investors who are actively looking for more trading options. The IC Exchange will provide all users with the possibility of trading in cryptocurrencies as well as fiat money. The IC Wallet is the digital wallet used for storing a user’s fiat money and cryptocurrencies, including the native IC Token. The IC ICO Accelerator is a program designed to campaign for genuine ICO projects, allowing developers to raise funds in an unprecedented way. The IC Crypto Certifier is an educational program designed to teach users about various cryptocurrency ventures in order for them to develop their knowledge. The IC Community will be the gathering place for all users, developers, investors, and enthusiasts, where they can connect and share information about their projects. Finally, the IC Liquidity Pool will serve as an insurance that provides liquidity for fiat money and cryptocurrencies alike, including the IC token.

How does it work?

By utilizing blockchain technology, the team behind Ingot are creating a decentralized and secure system that is a much-needed innovation given the current state of the financial market. The IC Bank will enable transparency by recording transactions on decentralized ledgers. This decentralization is facilitated by the ecosystem’s peer-to-peer (P2P) model. Perhaps most interesting of all, the IC Bank also eliminates the need for transaction fees, even for small transactions. Finally, the IC Wallet provides the users with the peace of mind that their assets are safely stored in an encrypted digital wallet.

What about the tokens?

The IC Tokens will be the native currency used on the Ingot Coin platform and will be available for sale during the ICO. The pre-ICO sale will run from May 1st to June 30th and offers investors a 35% bonus. This means that you can purchase IC Tokens for US dollars at a rate of 1:1 during this period. The actual ICO will run from July 1st until August 11th. Part of the total token supply will be reserved for purposes other than the token sale, such as reserves, development, and marketing.

Check the details on the right-hand side to learn more about Ingot Coin.

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Frederik Nielsen
Frederik Nielsen

I’m a freelance writer and full-time curious person. My main interests are philosophy, politics, art, culture, science, and how they’re all interlinked. When I’m not writing, I’m fronting a band, producing records, and making videos. I’m also currently working on launching a YouTube channel that will focus on culture and politics. I think blockchain technology is fascinating because of the huge potential it has to revolutionise not only the financial sector, but society as a whole.

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