ICO Ignite RATINGS
Trading and Investing ICO List Category
ICO Ignite RATINGS Description:
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.
But it does not stop there…once fully operational, we intend to deploy the Ignite technology stack to reinvent and redefine investor intelligence for almost every asset class available; each iteration giving rise to its own index and generating even more revenue opportunities for the Ignite community. Ignite is already working alongside major financial infrastructure businesses to develop and deliver a solution that has the potential to revolutionise the way the entire world rates and trades a variety of traditional assets, opening the door to a multi trillion-dollar industry.
IGNITE is not a security or an investment product.
Ignite 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.