IGNT is a utility token. It is the means by which a member of the Ignite community may validate his/her Ignite RATINGS account, participate in the Ignite RATINGS process and have access to exclusive features of the Ignite RATINGS platform. IGNT provides a variety of benefits to the holder:
The Ignite RATINGS platform will provide IGNT holders with access to:
Ignite intends to partner with an industry-leading payment card provider to manufacture and distribute Ignite debit cards (the Ignite CARD), which will allow IGNT holders to easily withdraw and spend their rewards wherever they are in the world.
Once approved, IGNT holders will be able to transfer any rewards earned from their participation in the Ignite RATINGS programme directly to their Ignite CARD.
We are also working to secure an industry-first loyalty programme which will reward IGNT holders for using their Ignite CARD with many additional value-adding benefits.
Only IGNT holders will be able to make use of the full features of the Ignite RATINGS platform.
Due to IGNT’s finite supply, any non-IGNT holders wishing to have full access to the Ignite RATINGS platform will have to purchase IGNT on the secondary market, driving demand.