Which cryptocurrency to invest in? Why not the digital currency Ingot Coin?September 10, 2018
The INGOT Coin project is nearing the end of its ICO phase and has raised more than $40,000,000 in funding. The aforementioned sounds nice and sweet. But what exactly makes the INGOT Coin cryptocurrency different from other cryptos in the market? In this article, we will be highlighting 3 reasons why you should invest in INGOT Coin.
1. IC Token Provides its Holders an Easy Exist
Most currently existing cryptos are priced against ETH. Let us assume that X cryptocurrency has a current price of 0.1 ETH and ETH is valued at $600. This means that X is worth $60. Now assume X’s price becomes 0.15 ETH. This will lead one to assume that a profit has been gained. But that’s not entirely true. Why? Because if the price of ETH drops to $200, X would only be worth $30. With INGOT Coin, this will not be the case. INGOT Coin is pegged directly against the US dollar, a stable currency, and this in turn gives investors the opportunity of enjoying an easy exit whenever they wish.
2. IC is a multi-utility token
Assume you have Apple shares that are worth $1000 and walk into an Apple store to purchase one of their products for the same amount. Now imagine telling them that you have $1000 worth of shares that you’d like to use to purchase the item you wanted. What would their response be? Well, you’re most likely to hear the following “Are you kidding us? We don’t accept shares as a method of payment, cash or credit only, sir!” However, within the Ecosystem INGOT Coin is currently building, you would be able to use these shares as a method of payment. So if you purchase the Apple shares through INGOT Coin, you would be able to use their value to make your purchase. In other words, your shares will be converted into cash within 300 milliseconds only! Apple will have their cash, and you will have made a purchase with the value of your shares.
Most ICOs are aimed to provide a single solution to a single issue. But with INGOT Coin, there are six core projects—IC Wallet, IC Digital Bank, IC Brokerage, IC Exchange, IC Certifier, IC ICO Accelerator. The success of this project does not depend on one factor but rather six! In this sense, not only do you get a diversified investment, but also a diversified risk.
The IC Ecosystem will also provide around the clock support, with services that link crypto market with the traditional financial market. INGOT Coin wants to have the industry’s fastest and safest entry and exit mechanisms on both the cryptocurrency and fiat side, which will make reallocation of assets and trading techniques as frictionless and efficient as possible. INGOT Coin looks to make this possible by using distributed technologies to get rid of third-party intermediaries to solve issues that have plagued the traditional banking system like high fees, unavailability of service, and long waiting periods.
To learn more about INGOT Coin, visit: www.ingotcoin.io