In the continuous growth of blockchain technology, another leading group is riding the wave!
INGOT Group has finally published The INGOT Coin initiation whitepaper created by INGOT Group’s team. INGOT Coin aims to create a new full-fledge Ecosystem that will conveniently bridge the gap between the crypto world and the currentfinancial markets. INGOT coin ecosystem components are: IC Digital Bank, IC Exchange, IC Wallet, IC brokerage, IC Accelerator, and IC Crypto Certifier. All these components will be integrated through an innovative blockchain technology that facilitates trading between the traditional stock market and cryptocurrency. On the other side,it will offer cryptocurrency traders unlimited access to all the essential trading instruments such as shares, ETFs, and commodities.
ImanMutlaq, the director at INGOT Group mentions that “This ecosystem will be the cornerstone for the upcoming period;through establishingthe first decentralized commodity exchange that is based on the distributed ledger technology.“The aim of this phase is to increase productivity of small farmers by providing them with a transparent price discovery mechanism”.
The fundraising will start with a Pre-ICO on the 1st of May until the end of the ICO in Mid-August. The project aims to raise 90,000,000 USD in the first phase, and is considered the first of its kind having both custodians,which are the IC Wallet and the IC Bank. Ali Shibib, the CEO of INGOT Coin, statesthat“With one account application the user of the ecosystem will have a bank, wallet, exchange, and a brokerage account. This will encourage the user to use Crypto in their day to day activities.