Ignite Ratings , a Gibraltar blocking startup, creates the world's first decentralized, self-regulatory platform for assessing the investment risks of ICO and other assets based on the opinion of the "collective mind".
Ignite breaks the traditional system of trading and valuation of digital assets and ICO, combining its decentralized rating platform with the investment index based on it. Ignate software automatically invests in the most highly valued digital assets, returning 50% of profits to the holders of the tokens. Each of the assets is no more than 1% of all current assets of the index, which makes the token an excellent asset diversification tool, while providing its holders with access to the most demanded ICO and digital assets.
In traditional financial systems, rating agencies receive incentives from those who issue assets, which creates a clear conflict of interest. Moreover, as a rule, traditional ratings are not based on information received in real time, but are created and distributed after the fact; the value of such ratings for traders or investors is limited. Ignite refuses such a stimulus model, for the first time directly linking the reward of those who are engaged in asset valuation with their real efficiency. Ignate token holders receive financial incentives for an honest and adequate assessment of investment assets, since the Ignite index invests only in the most highly valued assets of the platform.
The Ignite platform is built on the principles of trust and reputation. All users will participate in the examination of digital assets and supervise the expertise of other users. The users involved in this process are Ignite HIVE, this name seems appropriate, given that the fundamental idea of the platform is the joint work of the Ignite community to evaluate digital assets, combining the unique skills, opinions and investment strategies of all its members.
The question arises: how such a complex process, as the evaluation of digital assets can deal with a group of anonymous holders of tokens. The answer to it is simple. A special reputation mechanism Ignite tracks all user activities on the platform, and then they are also evaluated by the Ignite community. As a result, all members of the community in real time receive reputation points that determine the amount of influence that it (a) may have on the valuation of any asset, that is, members with a low reputation (fewer reputation points) will have less influence in determining investment risks than users with high reputation. The result is a highly efficient self-regulating ecosystem and a platform that is resistant to users who want to "outwit" the system. As Ignite co-founder Damon Barnard says: "As in the real world, a reputation must be earned, a good reputation gives a significant impact within the ecosystem, while a bad reputation imposes serious limitations. Reputation is dynamic, and every user has the same opportunities to grow and maintain his reputation. "
Ignite intends to record all interactions with its platform in the blockroom, ensuring that the activity of all users is fully open, records of all assets and transactions are stored and can be viewed directly in the blockroom. Another co-founder of Ignite Christopher Cusens says: "If the user is able to make an investment decision, then he should be able to explain to other users the reasons for which he believes that this is the right decision. I believe that we will see many interesting points of view of representatives of various social groups, with different experience and skill sets. "
As all participants of the platform will strive to maximize profits, the whole community will be interested in providing a qualitative and objective assessment of investment risks. The result will be a truly decentralized rating and an investment analytics platform that provides a high return for the Ignite Index and is a valuable source of reliable information on investment assets for the industry as a whole, operating in real time.
Ignite has already received significant funding from a number of large investors and is partnering with Overstock's tZERO and SpeedRoute to use the latest technology not previously seen in the industry's technology to perform trading operations. This is an additional advantage that Ignite hopes to share with its investors in the near future.
Information on the sale of tokens
Crowdsdale Ignite starts on January 15, 2018, with limited discounts for early participants. Given that during the private placement and presale rounds have already sold nearly 5,000,000 of the available 10,000,000 IGNT tokens, it is expected that the demand will be very high.
