Ignite is a decentralised and self-regulating investment intelligence and ratings platform powered entirely by crowd-sourced opinion.. Ignite ICO rating – not rated.
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Ended ICO : 15/01/18 – 30/01/18
About Ignite ICO (token sale)
Ignite RATINGS is building a fully decentralised and self-regulating ratings platform and linked investment index which provides the blockchain and distributed ledger industries with a sustainable source of reliable information on blockchain-based assets, and incentivises IGNITE token holders with a source of income from a diversified, crowd-managed index, linked to the highest-performing and highest-rated digital assets available.
Ignite ICO is building a ratings and trade signals platform. The income component generated by the wider Ignite ecosystem is designed purely to be an incentivisation 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 realise 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.
At Ignite, our mission is clear: we aim to completely disrupt and decentralise the traditional investment ratings process through borderless community, innovation, leveraging crowd-sourced cooperation and expertise, and the deployment of proprietary blockchain-based technologies.