In short, what INGOT Coin offers is a one-of-a-kind ecosystem that lets you manipulate both your traditional and cryptographic assets. In other words, you will be able to transfer, manage and store both crypto and fiat currencies and all of them will be powered by a decentralized system and smart contracts.
IC will also offer an IC Accelerator and IC Certifier and these will serve as services for upgrading the token economy with things such as ratings, consultations, certifications, etc. Basically - you can have all in one place!
Ingot Coin Information
The coin is based on Ethereum platform and the possible accepted currencies for buying the coin are BTC, ETH, and FIAT. Ingot Coin creators aim to collect $35.000.000 as a soft cap or $90.000.000 as a hard cap.
The total number of 90.000.000 IC will be issued and it follows that the price of 1 IC will be $1. However, there is a minimum limit to each purchase and it is 100IC. The location of this ICO is registered in Estonia.
The ICO will start on the 1st of July and end on 11th of August. However, the pre-ICO starts on 1st of May. The token allocation will be as following:
- Founders 4%
- Advisors 4%
- The Team 5%
- Bounty Program 5%
- Early backers 7%
- Public 75%
The team consists of 22 professionals and there are also 5 advisors for the project. Some of the notable team members are:
Iman Mutiaq - INGOT Coin co-founder
Ali Shibib - CEO at INGOT Coin
Ali Faqih - CFO at INGOT Coin
Zeid Madbak - CRO at INGOT Coin
Ahmed Khawanky - CMO at INGOT Coin
The roadmap for this project is really comprehensive and it starts with Q3 of 2017 when the initial team did a research on financial threats that may happen in the future or that may already be underway.
They reserved 2017 for research and developed a business model in Q1 of 2018. The whitepaper was created in Q2 of 2018. The pre-sale is also made in Q2 and the beginning of Q3 is reserved for the first round of ICO.
The plan is to go live with the IC Wallet in Q4 of 2019 and to open an IC Digital bank in Q2 of 2019. All of the other components of the website are scheduled for the second part of 2019 and for 2020.
The idea of INGOT Coin is a simple yet effective one and we can only wait and hope to see whether it will become fully realized in the future and as planned. Currently, the whitepaper offers a detailed overview of their business model and all the other valuable info on the project and the coin. The pre-sale will begin in five days - on 1st of May and it will be interesting to see how the investors will react. If you consider investing, you can also save time and read their Litepaper.
Business model and financial feasibility studyMar, 2018
INGOT’s first round ICOSep, 2018
IC Digital Bank Is Open For BusinessJun, 2019
INGOT’s Second round ICODec, 2019
Launching the Digital Commodity ExchangeDec, 2020
Publishing INGOT’s Whitepaper / Bounty Program Released / INGOT’s Pre sale ICOJun, 2018
IC Wallet Goes LiveDec, 2018
Completing the Ecosystem Components / IC Brokerage / IC Exchange and IC Liquidity Pool / IC Crypto Certifier / IC ICO AcceleratorSep, 2019
Planning the INGOT Digitalized Commodity Exchange.Mar, 2020
Bruno BianchiniBusiness Development Manager
Hadi VarouqaArt Director
Saif El Din MuradMarketing Manager
Rashed AlkhzaieICO Strategist
Haiyan liuCustomer Services Manager
Iyas SartawiCommunity Manager for Egypt
Mohammad BasyouniCommunity Manager for Bahrain
Matt MaccrowCommunity Manager for Australia
Rajkumar KanagasingamCommunity Manager for Sri Lanka
Yin LuCommunity Manager for China
Hasan Al-OmariBusiness Analyst
Zaid SrourBusiness Analyst
Hossam KhawankyEvents Manager
Ehab AboushiBack-end Developer
Ashar RawashdehFront-end Developer
Khaled FazaFinancial Analyst
Esra HatemiGraphics & Motion Designer