Ignite RATINGS is building a full decentralized and self-regulating asset ratings platform and linked investment index, the Ignite INDEX (powered in partnership with T-Zero smart routing technology). The Ignite RATINGS community, the HIVE, will contribute a sustainable source of reliable and crowd verified intelligence on blockchain/non-blockchain based issues and assets. The HIVE is incentivized to contribute and rate with a source of income from the diversified, crowd-managed Ignite INDEX, liked to the highest performing and rated digital assets available. 50% of any gains realized by the Ignite INDEX will be distributed to active members of the HIVE. 30% is distributed back to re-capitalize the Index, and 20% to operations. The Ignite RATINGS platform will provide HIVE members with access to Real Time Ratings, Progress Reports, Charting, News Feeds and Intelligence, Interaction with the Ignite INDEX, Independent Trading, Automatic Arbitrage, Paper Trading, Technical Analysis.Investment Platform Smart Contract Software
|ICO Start Date||15 Jan 2018|
|ICO End Date||28 Feb 2018|
Ignite is building a ratings and trade signals platform. The income component generated by the wider Ignite ecosystem is designed purely to be an incentivization mechanism which encourages IGNT holders to continue to initiate and curate ratings on digital assets, and regulate the conduct of their peers via reputation management.
IGNT acts as proof-of-membership for a software platform that leverages a reward mechanism which, in turn, requires individual IGNT holders to participate in order to realize gains for themselves.
The element of participation and interaction required on the part of IGNT holders further assists IGNT to avoid classification as a security, pursuant to US securities laws, as it is much less likely to fail the "Howey Test". This is due to the fact that the requirement for active participation on the part of each IGNT holder considerably lessens any suggestion that an expectation of profits is dependent upon the actions and efforts of others. The Ignite RATINGS platform places the burden of generating “profits” squarely into the hands of IGNT holders themselves, and there is no expectation of profits for those IGNT holders who do not actively participate in the Ignite RATINGS process.
Initial Concept and Product Skeleton
White Paper Drafting and Advisor Consultation. Key Partnerships Identified and Heads of Terms Established
Early Stage Private Investment. Technology Team Build Out and Development Kick-off
Product Wire Framing and Requirements Specification
Smart contract audit. Ignite Pre-Sale
Ignite Crowdsale. Distribution of IGNT to Contributors. Seeding of Ignite Master Index
IGNT Listing on Exchanges. Deploy Alpha Ignite Ratings Platform for Testing
Deploy Beta Ignite Ratings Platform for Testing
Deploy Ignite Ratings Release Candidate. Deploy iOS and Android Apps. Launch Ignite Card (Debit Card)
Distribute Ignite Ratings Data Feed via API to Partners, Exchanges, News Outlets, Trading Platforms etc. Commence Development of Ignite Trading Platform
Launch Regulated Fund – Crowdsale. Initiate Institutional Investor Programme with tZero and Gibraltar Blockchain Exchange. Deploy Trade Execution Solution for Private Accounts. Integration of Ignite Trading and Ratings Platforms
|Tokens for Sale||10000000|
|Hard cap||20,000 ETH|