INGOT
Coin is the first fully integrated blockchain-based Wallet with a Digital Bank,
Brokerage, Exchange, Certifier, and Initial Coin Offering (ICO) Accelerator;
all rolled into a holistic ecosystem which rewards token holders and
cryptocurrency market participants for using it and contributing to it, in
addition to granting them the opportunity to invest in a wide- ranging list of
cryptocurrencies, fiat currencies, stocks, as well as other financial assets
and instruments. INGOT coin is a decentralized cryptocurrency which provides
benefits and discounts within the ecosystem itself. IC will be based on ERC20
technology.
INGOT`s strategy is based on attracting clients to its
Ecosystem by providing a pioneering exclusive service that is unmatched in the
market. In the perspective of trading facilities, this Ecosystem is like no
other as it offers a highly liquid exchange with highly competitive fees,
provides a one stop shop for innovative entrepreneurs and increases knowledge and
awareness of the blockchain technology. This will be achieved by global reach
campaigns hand in hand with concentrated and tailored marketing.
Assumptions
Total Industry Accounts taken was equal to
double the number of Ethereum and Bitcoin wallets. Our conservative measure for
our market share of the total industry was equal to 0.1%. Given the past year’s
%200 growth rate of the industry the even higher growth expectations, we kept
it constant at the same rate. Revenue to the Ecosystem will be flow from the IC
Digital Bank, IC Exchange, IC Brokerage, IC ICO Accelerator and IC Crypto
Certifier. When creating the financial model, we have considered the industry’s
most competitive charges and a constant non-growing market share.
Total Crypto Trading Volumes included in the forecast are
the sum of the largest 100 crypto exchanges available. However, the numbers
that were inserted in the forecast were kept pessimistic to provide the
worst-case scenario as only 0.1% of these transactions are going through the IC
Ecosystem.
As for Valuation, we have taken the multiples approach using
the Price to Revenue per share method. However, we also tried to be
conservative in this method and we halved the average of 5 major global
brokerages ratios in order to obtain our multiple.
IC Forecasted Pricing was concluded based on the revenue
perspective of the coin, as the coin circulates efficient pricing will prevail.
The revenue forecasted will reflect on the price of IC. Brokerage Trading
Volume that is provided in the business model and financial projections was
taken from INGOT Group as it has extensive knowledge and experience in the
brokerage industry through INGOT Brokers Australia.
For more details on ingot you can check the links below :
Website : https://www.ingotcoin.io/
Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf
Twitter : https://twitter.com/icoingot
Telegram : https://t.me/INGOTCoin
Ann thread: https://bitcointalk.org/index.php?topic=3581009
Facebook: https://www.facebook.com/ICOINGOT
Thank you all for reading.
Author: Ka Long
Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf
Twitter : https://twitter.com/icoingot
Telegram : https://t.me/INGOTCoin
Ann thread: https://bitcointalk.org/index.php?topic=3581009
Facebook: https://www.facebook.com/ICOINGOT
Thank you all for reading.
Author: Ka Long
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