The world of cryptocurrency is rapidly changing and evolving. Innovators and entrepreneurs are constantly introducing new cryptocurrencies, each promising new and different feature to attract investors and users. The reaction of the global official sector to cryptocurrencies varies because decentralized technology does not easily adapt to existing definitions and regulatory structures. This sector will probably continue to be cautious as it monitors risks to financial integrity, consumer protection, financial stability, tax evasion and tax treatment and monetary policy. Regulatory leaders, like Japan, will probably set the standard for the rest of the world in a scenario where the boundless nature of cryptocurrencies requires a cohesive and collaborative effort.
The world of cryptocurrencies is an unstable and unstable place, constantly changing between bear market and bullish market periods. Some investors are taking advantage of this and others not so much. Achieving a stable value of cryptocurrency has long been the goal of many projects that aim to make a crypt a step beyond the simple medium of exchange and in the land of a store of value. If I put $ 10,000 in Bitcoin, Ethereum or Ripple today, we can not guarantee anyone what will be worth tomorrow that drives companies and everyday users who want to use cryptography beyond a simple speculative investment as a method to accept payments or pay salaries. Mass adoption is the ultimate goal of cryptocurrencies, but a stable cryptocurrency is needed to achieve this. Cryptocurrencies are reacting more like stocks and less like currency with their incredible volatility. They give more incentives to trade with them, not to pay with them. The concept of creating a stable cryptocurrency is complicated. Many have tried to create such a currency and have failed. Over time, cryptographic markets will be well founded, leading to a more stable nature of the best cryptocurrencies. Cryptographic markets are becoming increasingly competitive, because they are among the easiest to negotiate.
The justification for the large fluctuation of cryptocurrency prices is supply and demand. The offer is more or less fixed, but the demand changes continuously due to the behavior and speculation of people. A normal currency can be widely used, can store value and be an exchange unit. It is not possible to have a currency that is not supported by the value. The Fiat currencies are guaranteed by assets and gold. If they were not, they would devalue quickly. Although most banks print money to a certain extent, the US dollar is the only currency that can be printed without limits by the US central bank. But the problem with printing endless amounts of money is that they will devalue without being supported by value. The American dollar is experiencing something like that. With respect to the euro, the US dollar is losing value at an alarming rate. A solution for this problem is currently under discussion and is planned for the future. But a solution for the stability of cryptocurrencies is a different thing.
With all the talk about cryptocurrencies in today's news, there will always be questions about "why does this have any value?" Even at face value, this is not the case when it comes to cryptocurrencies as a movement in general, but in addition there are some cryptocurrencies that have a much greater weight for them – and that's where the Coin INGOT system comes into play.
There is discreet skepticism about any new asset class in the expanding world of FinTech and cryptocurrencies, there are also some coins that stick much more than others. While a lot of coins and tokens are based primarily on public perception of value or speculation on potential value in the future, the INGOT coin family is the first to come on the market to offer real and tangible value to cryptocurrency. INGOT Coin will create a complete solution integrating 6 fundamental components of the ecosystem and providing a unique digital asset for the traditional asset and currency markets to solve all the challenges mentioned above, thus creating a link between the cryptographic market and the traditional market. The IC Ecosystem will establish 6 different components to work hand-in-hand under a single umbrella, providing all community members with the opportunity to take advantage of upcoming opportunities in all markets. The components of the ecosystem, as illustrated below, are IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certificator and IC ICO Accelerator.
INGOT Coin will provide a platform that meets the needs of beginners and advanced traders to trade with minimum initial capital. IC will also provide its cryptocurrency, which will be available on various exchange exchanges for all investors and market participants to purchase. IC will not show bias against any market participant and will offer equal and equal opportunities to all participants regardless of the size of the trade, the type of order or the initial capital.
Ensure no means to manipulate the market and steal unethical or illegal money in the ecosystem, KYC and AML policies must be sufficient and exceed the needs of all parties, whether they are regulators, banks, intermediaries or exchanges. KYC and AML compliance may seem severe for some investors; however, this is a necessary procedure to ensure the safety of the ecosystem and all stakeholders. This is done to make the ecosystem reliable, safe, transparent and compliant; consequently, by compiling the unique ecosystem KYC, participants can open an account in the IC Digital Bank, in the IC Exchange, in the IC Brokerage and in the IC portfolio simultaneously to exchange cryptographic, fiatic and traditional tools. later.
White paper: https://www.ingotcoin.io/documents/en/white-paper.pdf
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