Molding a Success Story — INGOT COIN

Gecko Trader
Cryptocurrency Beyond Limits
5 min readJul 22, 2018
INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by oering a complete Ecosystem that provides crypto holders the access to all financial services. This serves as an introductory paper for the Whitepaper. The first-of-its-kind all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. The IC Ecosystem includes: IC Wallet, IC Digital Bank, IC Brokerage, IC Exchange, IC ICO Accelerator and IC Crypto Certifier all under one umbrella linked by the IC Community

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe”.

Abraham Lincoln

Just over 150 years ago, the USA experienced one of its most influential and inspiring presidents. 16th president of the United States, Abraham Lincoln is remembered for his exceptional visionary drive for change and reform which he indeed carried out during the four years of his office.

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Lincoln quite naturally inspired those generations who followed after him and indeed he will continue to do so for generations to come. However, this inspiration which remains in every American’s heart is not only for his years of presidency but it is also because he was a highly shrewd businessman. Responsible for the success of his father’s business Filene’s Department store, he was both an exceptional president and a guru of business. His wisdom has quite naturally touched and inspired people across all walks of life not only because of who he was but because those lasting words make complete sense.

The quote above is salient to any project but even more so for those projects which wish to innovate and catalyse change. In the case of ICOs,marketing is at its height and often the words “innovation” and “change” are purely the selling speak of their product. It is just because of this that gauging an ICO such as INGOT COIN can, at times, be highly challenging. So what could be better than to go back to the days of yore and refer to the words of an old man of wisdom who has not only stood the test of time but whose actions both in business and politics were so successful? Indeed, Lincoln’s words make perfect sense and they go across the board of life’s adventures. Just as a the mountaineer does not climb Everest without a map, nor the football coach train his team for the World Cup without a strategy, likewise no business project can be successful without a realistic roadmap. All lies in a well thought out, viable strategy and planning — after all the tree won’t fall if those four hours are spent gauging the height and weight of the tree when the axe remains blunt.

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The roadmap is the core of every project and should be one of the first things referred to when gauging a project. Questions such is the timescale viable? Is each step addressed logically? Are there sufficient stages to its development and is the timescale sufficient or too ambitious? These can be tell-tale signs of the good or indeed bad management of a future project.

Q3 2018
INGOT’s first round ICO
IC will be available for sale for a limited time: Be the first to invest in it

Q4 2018:
IC Wallet Goes Live

Equiped with the highest security standards, the wallet will provide swift and smooth transfers. This wallet will be able to hold multi asset classes, ranging from Crypto Currencies to fiat Currencies along with Traditional Assets

Q2 2019
IC Digital Bank Is Open For Business

The fully licensed bank will provide various banking services such as current accounts, e-payments, fund management and custodial duties

Q3 2019
Completing the Ecosystem Components

INGOT will be adding the following integrated components to complete a full solution for all market participants

IC Brokerage

Providing a vast range of financial products including: fiat currencies, Equities, Bonds, Commodities and ETFs while ensuring high level efficiency and liquidity

IC Exchange and IC Liquidity Pool

IC holders will have the opportunity of trading Crypto Currencies as well as listing their new ICO coins on IC Exchange. Crypto trading will be against other crypto currencies, fiat currencies and traditional financial instruments with insured liquidity by our liquidity pool

IC Crypto Certifier

INGOT intends to provide participants with robust skills and knowledge required to develop the blockchain technology, understand the crypto market and obtain globally recognized certification

IC ICO Accelerator

Providing a one-stop-shop to entrepreneurs to issue their ICOs in order to raise funds in non-traditional ways. This components will grant legal, marketing, financial, PR and other services to increase the success of the potential ICO

Q4 2019
INGOT’s Second round ICO

INGOT will declare its second round of ICO to collect funds in order to implement a digitalized commodity exchange

Q1 2020
Planning the INGOT Digitalized Commodity Exchange.

Providing divergent solutions and methods that facilitate the commodity trading process through secured state-of-the-art user friendly exchange platform

Q4 2020
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

Taking as an example INGOT COIN’s roadmap. We can see what can only be described as a positive example of what a successful roadmap should look like. We are able to quickly glean that the team behind the project has thought of most eventualities. The first quarter clearly indicates that the team have taken time to look at all angles of their project before embarking on their adventure. Furthermore they have delivered this stage according to plan. Looking through the years of their planning, they have also recognised the amplitude of the work involved to get it off the ground successfully. They have a sensible implementation timescale and have planned a realistic testing period; done step by step so as to ensure that their user experience at the end is one which is perfected.

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They have clearly researched their markets and a methodology on how they will spearhead it. The roadmap is indeed interesting and certainly it shows one which is not in a hurry to move too quickly.

Studying this plan is well worth the while of a potential investor and is easily findable: an encouraging factor and an indicator that the main players aim is not to bamboozle. I would certainly recommend that any potential investor should look carefully at this roadmap. My conclusion after reading this is that the leaders of this project have certainly taken into account Lincoln’s wise words. Indeed the axe will be very sharp and therefore it is in keeping with the ambition and change that this project promises.

For More Details Visit these links:

Website: https://www.ingotcoin.io/
ANN Thread: https://bitcointalk.org/index.php?topic=3581009
ICO: https://www.ingotcoin.io/en/Runtime/signup

Author:

Bitcointalk username: GeckoTrader
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1846257

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