IG CRYPTO HOLDING
INTRODUCTION
During the launch of bitcoin in 2009, Bitcoin mining was a very successful and lucrative venture. Those who started early successfully accumulated BTC tokens through profitable mining. Then Slowly, the value of Bitcoin consistently went up in the next few years, resulting in a fast rise in the level of difficulty of the mining process. This development made it harder to solve mining equations and it also made mining bec0me a lot more time-consuming. Investors wanted to ensure consistent profitability so Cloud Mining was developed.
With China taking the lead in bitcoin mining, it is estimated that about 70% of all mining in the world take place here but the largest bitcoin mining farms exist in Iceland, the country attracts miners by a cold climate and inexpensive electricity. Electricity and Climate is a huge factor to consider when establishing a mining farm because it helps in reducing running cost enabling miners to enjoy cheaper maintenance fees. IG Crypto Holding, is a project targeted at providing cryptocurrency miners with a profitable, cheap and affordable cloud mining infrastructure equipped with fast computing power from its specialized high-performance computers which are efficiently set up in the IG Crypto Holding self-sustaining Mining Farm.
The farm achieves its self-sustainability by generating its own clean energy and electricity through photovoltaics and wind turbines without the use of any external electricity provider. The electricity generated is more than sufficient to fully power the farm house without any interruption or downtime.
WHAT IS IG CRYPTO HOLDING?
IG Crypto Holding is a project whose goal is to build a sustainable mining farm for Cryptocurrency Mining.
The electricity for Mining is generated with Photovoltaics and Wind turbines without external electricity providers. This enables us to offer our customers affordable prices regardless of external electricity prices.
Cryptocurrency Overview
A cryptocurrency is a digital currency that is accepted as a medium of exchange for goods and services without any need for a third party. Cryptocurrency are design to be complete secure and anonymous, the currency unlike fiat currency is impossible to counterfeit as it uses cryptography as its security. Cryptocurrency possess features that investors find very attractive and can’t resist which includes privacy and Safe digital payments that eradicates third parties and eradicates unnecessary cost. In 2008 Bitcoin was introduced for the first time by Satoshi Nakamoto.
Soon after, it became the first world-known decentralized cryptocurrency, introducing lots of new solutions to the existing electronic payment systems. Barely a decade after the blockchain and cryptocurrency market was developed, it has attained a total investment value of $169.5 billion. After the creation of bitcoin, banks, corporations and governments started recognizing the great technological value of cryptocurrencies which are the decentralized peer-to-peer public ledgers, the blockchain, the new ways to approach security and anonymity, which have spread to a great variety of fields.
Since it is well-known that cryptocurrencies are control resistance, making it almost impossible for any centralized institution or entity has increased the amount of trust people have in the technology. The design model of cryptocurrencies has almost made traditional financial institutions obsolete by bringing new capabilities to individuals and organizations adopting them, such as:
Facilitation of monetary and legal transactions without the third parties;
Transfer of money in a more secure or completely anonymous way, which protects users’ personal data;
Access to banking and the global financial system with any device connected to the Internet, improving the quality of users’ lives;
Avoidance of substantial transaction fees, such as those charged by credit card companies and centralized payment processors;
Reduction of inflation risk and the risk of speculations on the price of a cryptocurrency.
MARKET ANALYSIS
The cryptocurrency market size is best analyzed on the criteria of its market capitalization ranking, since the cryptocurrency market is not backed up by any fiat currency and its value been prone to volatility, it may be pretty much difficult to analyze. The financial system as such is very volatile and prone to hyperinflation, which undermines the trust of the people in it.
This is the main reason for a tremendous rise in the popularity of cryptocurrencies within a relatively short period of time, and the growth of the cryptocurrency market in general. The best illustration for this is the cryptocurrency market cap rankings displaying the total market value of a cryptocurrency in dollars at a specific timestamp derived from the daily average market price, the volume of transactions and the cost of all cryptocurrency tokens in circulation.
CLOUD MINING AND HOW IT WORKS?
Cloud mining still remains a strange concept to many people and it causes confusion to them whenever the term is been mentioned. Firstly, let’s start by defining what Bitcoin mining is. Bitcoin mining is done by using a network of computers from the world. The bitcoin mining process can be defined as the addition of transaction records to the bitcoin’s public ledger.
These transactions are done by users in the bitcoin blockchain continuously and recorded in the public registry. To earn a bitcoin, miners must solve a specific block hash problem related to the Bitcoin protocol. When they solve the problem successfully, they get rewarded. These rewards come in two forms – a newly created bitcoin and fees from the transactions included into the block. In 2016, 25 new bitcoins were generated from each block while the transaction fees were about 0.5 bitcoin.
Now, Cloud Mining is simply the process of Bitcoin or any other cryptocurrency mining utilizing a remote datacenter with shared processing power. Bitcoin mining can be done using one’s personal hardware, but those who do so tend to face the problems of excessive electricity consumption and overheating of their computers which makes mining unprofitable.
PLATFORM
IG Crypto Holding is a project whose objective is the start-up of a farm for cryptocurrency mining located in Istanbul. Since Electricity and Climate is a huge factor to consider when establishing a mining farm, IG Crypto Holding will be taking advantage of the good weather in Istanbul to drive the mechanisms that will provide power for the start-up.
The results of cryptocurrency mining are highly dependent on the infrastructure efficiency and electricity rates, which makes renewable energy sources the sort after solution for a cost-effective and clean mining operation. The farm will be powered by both photovoltaic system with MPPT (Maximum Power Point Tracker) and wind turbine with electricity.
This 100% clean and renewable energy outcome will be used to directly power our mining equipment. A back-up generator will be installed also should incase if there is power failure from the photovoltaic system and wind turbines. Since our farm provides its own energy, we are providing a multi-algorithm, multi-coin cloud mining service that uses the latest technology at a very cheap rate as compared to other cloud mining platforms. We will also offer cheap cloud mining reseller packages to those who want to sell to their own miners.
FEATURES
Cheap hosting at competitive hosting: Because we produce our own electricity thereby reducing our running cost, we will offer miners with very cheap and competitive cloud mining services.
No downtime 99.90% Uptime: Our Solar plants and wind turbines will generate enough electricity for the farm, thereby eradicating any power outage.
Cutting-edge Hardware Technology: our farm is equipped with exceptional and high-per formance computing equipment that aims at providing the required computing power needed for cryptocurrency mining.
Mine alternative cryptocurrencies: with the of use of GPU-based and ASIC-based equip ment on our cloud mining services, you can mine any cryptocurrency.
24X7 Technical Assistance: we offer quick and responsive technical assistance to our clients 24hrs a day and 7 days a week.
TOKEN
● Token Name: IG Crypto Holding.
● Symbol: IGCH
● Token Type: ERC-20
● Total supply: 10,000,000,000
● Decimal: 18
● Price: 0.1 USD
● Contract Address: 0x0d6f4A17A7864Cb7222eBF41373305fB629C199a
Token Allocation
● 1,000,000,000 of the IGCH tokens will allocated to the team.
● 2,700,000,000 IGCH tokens will be allocated for the Pre-ICO sale, at $0.05 (USD) per token.
● 2,700,000,000 IGCH tokens will be allocated for the Phase 1 sale of the ICO, at $0.06 (USD) per token.
● 2,700,000,000 IGCH tokens will be allocated for the Phase 2 sale of the ICO, at $0.08 (USD) per token.
● 900,000,000 IGCH tokens will be allocated for the Phase 3 sale of the ICO, at $0.10 (USD) per token.
IGCH is traded on the Binance platform.
● Start: Mar 15, 2020 (0:00 AM GMT)
● Number of tokens for sale: 2,700,000,000 IGCH (27%)
● End: Mar 31, 2020 (0:00 AM GMT)
● Tokens exchange rate: 1 ETH = 3200 IGCH
● Acceptable currencies: ETH
● Minimal transaction amount: 1 ETH
Fund Allocation
● 5% ($30,150,000): Bounty
● 20% ($120,600,000): Legal, Company Registration, Research
● 10% ($60,300,000): Development and Team
● 60% ($361,800,000): Infrastructure, Operation, Travel, Expenditure and Transportation.
● 3% ($18,090,000): Marketing 6. 2% ($12,060,000): Advisors
ROADMAP
JANUARY 2020
Idea & Research
FEBRUARY 2020
Whitepaper & Smart Contract
MARCH 2020
Company Formation & PRE-ICO Start
APRIL 2020
ICO PHASE 1 and Planning for Plot, Photovoltaic, Wind turbine and Mining Farm
MAY 2020
All building permits for the Project
JUNE 2020
Start of building -Solar and Wind turbine
JULY 2020
ICO PHASE 2 and Start of construction of Warehouse
AUGUST 2020
Priority opening for Token holder
October 2019
ICO PHASE 3 and extension of the Mining Farm
TEAM
Ilker Guenay - CEO & Founder
Ersin Yardimci - Executive Director & Co-Founder
Hueseyin Arslan - COO & Co-Founder
INFORMATION:
Author
Bitcointalk username: tough fighters
Bitcointalk profile:
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