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Integrity Coin – A Wealth-Generating Bridge between Crypto and Fiat

Integrity Coin is a hyper-deflationary token on BNB Chain aiming to reward its holders with BUSD reflections while bridging crypto and fiat.

The crypto market has come under intense criticism over the years, partly because it fails to distribute wealth proportionally among its many users. Moreover, the increasing number of scams is a growing concern, convincing many potential investors to stay out of the industry. Lastly, the lack of utility of many crypto tokens makes them undesirable for fiat traders and traditional investors.

Integrity Coin aims to help solve these issues through an expanding suite of versatile tools. The project seeks to build wealth for crypto market participants and make this environment more useful and trustworthy.

This Integrity Coin review looks closely at one of the most recent projects to surface in the cryptosphere. Read on to discover more about its features, tools, and roadmap!

What is Integrity Coin?

Integrity Coin is a new crypto project planning to “revolutionize the crypto world as we know it.” The initiative was launched in 2021 with the efforts of three trading and business experts, Harmeet Singh, Jono Kennedy, and Prabhjot Singh Dunglay. The three members passed KYC verifications successfully and promised to attend AMA sessions to increase the project’s reliability.

The team relies on innovation, hard work, and financial experience to build this project into a household name in the crypto industry. To this end, they are developing several tools, including a payment platform and a cross-platform messaging tool. Fueling this ecosystem is the INTEGRITY token, which rewards owners in BUSD reflections for holding and staking it. Lastly, a charity-oriented Integrity Foundation rounds up the project’s objective of giving back to the community.

Integrity Coin proposes a few tools that help it stand out from the crowd. However, its top and somewhat unique feature gives the project an avant-garde vibe. The team describes it as a “revolutionary feature built in the contract,” which will distribute 100% of the utility-generated revenue to token holders.

This feature allows the project to break the dependence on buyback and burn mechanisms, which most hyper-deflationary tokens use. Instead, the protocol will amass profits spurring from utilities and redistributing it to token holders. Moreover, the project’s BURN wallet will not receive any reflections.

The INTEGRITY Token

INTEGRITY Coin is a hyper-deflationary token. This means that its supply will gradually decrease, thus increasing its value. The token’s smart contract is jam-packed with anti-whale clauses. For example, the protocol will reward those holding the coin over the users attempting day trading.

The team will fund the development and marketing campaigns for the project solely from the reflections it earns. Therefore, token holders will not have to pay an extra tax to support these causes. Most importantly, transferring tokens will also be tax-free.

The project will have a total supply of 1,000,000,000,000,000 tokens.

Allocation and Team Payments

The team will keep some INTEGRITY tokens and split them into two different wallets. The first one will support the project’s development. Meanwhile, the remaining wallet will remain in the team wallet and go towards various expenses, including marketing, exchange liquidity, etc. The project’s developers will buy their own wallets, similar to any other investor. Also, they will receive pay through reflections in various percentages, which may change in the future.

Reflections, Taxes, and Anti-Whale Features

The protocol will pay token holders a percentage of every buy/ sell transaction in BUSD reflections.

It’s worth noting the project’s liquidity pool is one of the pillars providing a steady supply of INTEGRITY tokens. For example, the higher the liquidity pool, the more stable the token’s price will remain. To this end, every BUY and SELL transaction will involve a tax for the liquidity pool.

The Buyback and Burn wallet will receive a percentage of every BUY and SELL transactions, which it will periodically take out of circulation.

The team has secured the protocol’s smart contract with two anti-whale clauses. One of them sets the maximum amount for a SELL transaction at 1 trillion tokens per sale.

Meanwhile, the second clause specifies holders can sell up to 500 billion tokens at the standard tax rate in one transaction. However, if the holder sells more than 200 billion in one transaction, the protocol will charge a 35% tax rate. The extra 15% tax will go into BUSD reflections, thus traveling back to all token holders. If the 200 billion thresholds proves too high, the contract will lower it to 50 billion tokens.

Integrity Coin Utilities

The Integrity Coin team believes that the success of any enterprise relies on its usefulness. To this end, they developed Integrity as a multi-purpose project with several utilities. Here are the most important ones, according to the Integrity Coin whitepaper.

The Revolutionary Auto Income Generator

This utility will combat market volatility and help users access a new and innovative auto-income generating opportunity.

The team will invest some of the project’s funds into a trading account. Next, one of their expert traders will work with an advanced trading bot to exchange these assets on the FOREX market. When the balance increases, so will the project’s profits, thus generating wealth for everyone. Lastly, the team will open a second account and repeat the process when the first account reaches a preset limit.

The long-term goal of this auto income generator is to distribute this wealth-producing solution across multiple accounts. Next, it will use the resulting funds for the project’s development and marketing and reward token holders.

Fortunately for the INTEGRITY holders, they won’t have to do much to profit from this utility. In fact, they will only have to hold onto their tokens and wait for the generated income to come their way.

The team will be the only party taking risks in this process. Moreover, they will add a percentage of the team wallet’s monthly income to the trading fund.

The Payment Platform

One of the most innovative utilities in the Integrity suite is a payment platform enabling users to spend their cryptocurrencies as they do with their fiat currencies. This feature will support online purchases with crypto from online retail stores and more.

The payment platform will only subtract a tiny percentage of the transaction cost. Next, it will reintroduce it into its ecosystem and reward token holders. Most importantly, it will bridge the gap between crypto and fiat and help consumers and businesses use crypto payments more often.

Cross Platform Messaging Service

This utility will provide a dedicated chat system for the crypto space, addressing all current issues. Instead of navigating numerous platforms and online groups, users can access a single service connecting all messaging platforms and providing necessary answers seamlessly.

Some of the platform’s special features include:

  •       Accurate display of a user’s role, such as the administrator.
  •       The system will prevent the creation of fake groups.
  •       Group owners have a say on who can join or vote in polls.
  •       A decentralized voting system allows only token holders to vote on a project proposal.
  •       The system will host community conversations and AMAs.
  •       A dedicated news feed section with the latest information the project owners want to share
  •       Another dedicated FAQ section for quick answers to various questions.

The team will use all the funds coming from this platform to buy back and burn INTEGRITY tokens. Alternatively, it may use them to reward token holders in reflections.

The Integrity Foundation

Charity and work for the betterment of humanity are some of the fundamental principles of Integrity Coin. To this end, the team will dedicate a wallet to charity purposes and ask the community to vote on which cause will receive the funds.

The team seeks to thank project users by periodically selling a random percentage of the tokens in this wallet and rewarding them with reflections.

Roadmap

The Integrity Coin project was founded in 2021, but it started developing faster in 2022. The team spent the first quarter of the year conceptualizing the project and creating the token. They also launched the website and social media profiles during this period, concluding the first development phase.

The second phase of the project’s evolution is underway at the time of writing. This time, the team is gearing to release the INTEGRITY token and obtain a listing on PancakeSwap. Moreover, the developers will launch the Integrity Foundation and build partnerships for the Payment Platform.

For the remaining two quarters of 2022, Integrity Coin will focus on:

  •       Continual marketing
  •       Listing on CoinMarketCap
  •       Begin listing on exchanges
  •       Release of staking platform
  •       Begin work on the online store
  •       Creation of messaging service and purchase platform
  •       Release of Payment platform
  •       Consider Listing on exchanges (market dependant)
  •       Release of Messaging Platform
  •       Continuous manual burning of tokens

Lastly, the team will end the year by updating the project’s roadmap for 2023.

Final Thoughts

Integrity Coin is a new crypto initiative seeking to bridge the gap between fiat and crypto. The team’s financial and business expertise should sustain its ambitious goals in the extensive roadmap ahead.

One aspect that separates Integrity Coin from other similar projects is its plan to do more than just build wealth for its users. This project aims to make the crypto space more transparent and trustworthy. Its users should avoid whales, scams, and extreme volatility more easily while accessing an auto income generator tool.

Above all, Integrity wants to bring more utility to the crypto sector, thus enhancing user experience and benefits.

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You can find out more about Integrity Coin at the following links: Website | Twitter | Telegram| Instagram| Reddit.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects or cryptocurrencies listed, mentioned, or linked to on our site. Trading cryptocurrencies is a highly risky activity that can lead to major losses. You should consult your financial advisor before making any decision. Learn More

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