Ethereum-based ecosystem INGOT COIN has announced its mission to bridge the gap between cryptocurrency and everyday payments. The platform aims to implement its native IC currency and exchange with its own IC Brokerage.
The vision of the IC Ecosystem is to unite markets by establishing 6 different components to work hand in hand under one umbrella, providing all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystem is comprised of an IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator.
INGOT has stated that users of the platform will be able to utilize the IC Digital Bank and IC Wallet to easily transfer cryptocurrencies for use in more traditional practices. The ecosystem offers additional services to stakeholders within the IC community and has certified experts to assist the development of the ecosystem.
Director of INGOT Group and founder of INGOT Coin, Iman Mutlaq stated: “INGOT Coin will create a complete solution by integrating 6 core ecosystem components and providing a one-stop-shop for the digital asset, traditional asset, and currency markets”
The IC Ecosystem will provide 24/7 support, services and linkage between markets, providing 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.
Ahmed Khawanky, CMO of INGOT Coin, remarked: “INGOT Coin will make trading direct, cost-efficient, less timely and more available round the clock by utilizing distributed technologies and discarding the issues brought by third-party intermediaries and banks such as high fees, unavailability, and time consumption. Being in the market since 1993, we can see that as technology progresses, the more efficient the markets are”
Primarily, the IC Ecosystem will facilitate custodial and brokerage operations that will encompass all traditional financial instrument functions required. Linking multi-signature and cold storage IC Wallets with the IC Exchange in addition to linking the IC Brokerage to both components will allow clients to trade in crypto and alter to the traditional market freely and expand or liquidate their investments through the IC Bank.