INGOT COIN Token and its benefits
blockchain·@channaj·
0.000 HBDINGOT COIN Token and its benefits
### **Hi friends,** As we have discussed previous now we all know about what is INGOT COIN, how it links conventional financial market with the modern crypto market, its challenges and opportunities that INGOT COIN have. So today, from this article I decided to state **INGOT COIN token and its beneficial areas.** The exchange will charge a preferred rate on all transactions paid by our coin, compared to payments done by other major cryptocurrencies or fiat currencies. INGOT will distribute coin dividends once the company is mature and profitable. This increases the attractiveness of the coin in the initial phase and in the long run. The maximum number of tokens that will be distributed will be **120 000 000 IC.** In case tokens were not all sold once all the ICO ends, all unsold tokens will enter a burning program as per the smart contract.  * **Token name** : ICC * **General token supply** : 120 000 000 ICC * **Soft cap** : $ 37 000 000 * **Hard cap** : $ 90 million * **Pre ICO** : 1st May 2018 * **End date** : 30th June 2018 * **Open main sale** : 7/1/18 * **End of sale** : 8/11/18 * **Price token** : 1 ICC = $ 1 This hybrid token serves as a utility and a security token. So, lets focus onto its beneficial areas. ### **1) Security benefits.** The token holders will benefit from the growth of the ecosystem’s returns. The returns will be reflected on the price , in terms of capital gains and in terms of dividends. As one of the ecosystem’s main objective is to satisfy token holders and ensure their benefits are on the top of the objectives list, the reflection of the returns on the price of IC will be mainly channeled through our dividends program that will start after the ecosystem is sustainable and profitable. As it is currently in the market, companies that pay increasing amounts of dividends to their shareholders will enjoy increase in stock or token prices. This is due to the increase in attractiveness of the security as the returns on the price of the security has increased. Along with some other cryptocurrencies, the token will have limited supply, which will lead to fixing the supply, while demand can increase that will lead to capital gains for token holders. ### **2) Utility benefits.** The main benefits of this token lies on here. ### * Method of payment within the ecosystem As there is value to the coin, ecosystem stakeholders will be willing to receive these coins as a method of payment. The advantage of here is that if a token holder is paying the IC exchange, IC brokerage, IC crypto certifier, IC accelerator and the IC community they will receive various discounts from 5% and reaching up to 50% in some cases. ### * Method of payment to external entitles In this case, IC will act just like any other cryptocurrency, a method of payment with value shown clearly from the exchanges. The increase in circulation of the token will provide a more efficient price of the token. So, now you can understand about INGOT COIN Token and its benefits. Let’s meet you from another wonderful area of INGOT COIN, **ecosystem caps and advantages of IC ecosystem** from another article. ### **Keep in touch with this project.** ### **Thank you.** ### **Channa Jayawickrama.** Please don't forget to share your ideas and knowledge about the project with me. You are welcome to share them in the comment section of this article. ## **For more details:** * Website : https://www.ingotcoin.io/ * ANN THREAD : https://bitcointalk.org/index.php?topic=3581009 * Whitepaper : https://www.ingotcoin.io/documents/en/white-paper.pdf * Email: info@ingotcoin.io * Telegram : https://t.me/INGOTCoin * Facebook : https://www.facebook.com/ICOINGOT/ * Twitter : https://twitter.com/ICOINGOT ### **Author Details:** * **Name:** Channa Jayawickrama. * **My Bitcointalk profile :** https://bitcointalk.org/index.php?action=profile;u=2257529