There is no joy compared to that of seeing your offsprings doing exploit in what you have programmed them to do. This is a phenomenon that is visible in real world scenarios and virtual world too. This is because the virtual world, Blockchain network especially, is gradually taking over the real world, or better still, the physical world we interact with usually or consistently.
In my last review, I talked about a project known as Ardor, one of the few projects that I find to be quite interesting, inspiring, and enticing. If you haven't checked it out, I think you have missed a lot and checking the review would help cover up. Today, in this review, I wouldn't be talking about the Ardor project anymore but I would be talking about its Protege.
Whenever we talk about the Proteges of Ardor, many informed traders mind go to either NXT or IGNIS as these were the first projects from Ardor. To make my review as clear, logical, and easy to assimilate type, I think it's better I start by specifically mentioning the exact Protege I would be talking about here. Well, I would be talking about IGNIS in this review. Stay tuned as the next review would be on NXT.
IGNIS, just as I have mentioned earlier was, and still remains one of the first projects from Ardor. Better still, allow me put it this way, IGNIS is one of the starting projects of Ardor. As a matter of fact, it was the first child chain to be built by Ardor. Surprisingly enough, Ardor never wasted time in starting what they wanted to do as this is displayed by the fact that IGNIS, their first child chain was launched in the same year the Ardor project itself was launched, 2018. According to records and write-ups seen on the web, IGNIS describes itself as the main child chain of the Ardor project, thereby making it an essential part of the Ardor project itself.
Enough of the shallow background and understanding of IGNIS. Allow me give a more detailed information about this project. Just as I have mentioned earlier, IGNIS was launched in the year 2018 by the Ardor project as its main child chain. The project has its token launched under Ardor too and is known as IGNIS. The project started out quite well and was one of the secrets behind the success of Ardor. As for their website, its design and URL is almost the same with Ardor. IGNIS has so much in common to Ardor that I began pondering on the fact that I never got to know that much of it as at the time of knowing Ardor. A detailed overview of this project was what I promised and that is the exact thing I have done.
The next segment I would be going into about IGNIS is its token. It is believed that the life of the flesh is in the blood. This principle is also applied in cryptocurrencies and the Blockchain network, but this time around, in a different way. It is better put in this way: "the life of a crypto project is in its token or currency." This seems to be true as if you take a good look at some of the projects on the blockchain network, you would find this principle applicable. I guess it's the same reason why most investors are more interested in the value of a projects token that in the work the project has to do, the services it has to offer, and the project in itself. Haven seen how much a projects token is relevant, allow me jump into giving a detailed information about the token of the project I am reviewing: IGNIS. Starting with the Blockchain network this o is found. To make my review as honest as I want it to be, I went out in search of every single information I have here. I also did the same when searching for the Blockchain network IGNIS was built on. I discovered that it is built on the Ardor platform. I'm not too comfortable with this but I'm quite sure it's an Ethereum based token. That being clarified, allow me go deeper into some vital information about the IGNIS token. Haven gotten a token, marketing is the next thing to do. This marketing can only be made possible by bringing these tokens to great exchange platforms to have them listed. This makes consideration of the type of exchange platform a token is listed on important. This is also the reason why the type of exchange platforms a coin gets listed on has an effect on its price and popularity. Taking a look at the types of exchange platforms the IGNIS token is listed on, I discovered some of the popular and influential ones to being the kinds of HitBTC exchange platform, Bittrex, and Probit. Other ones includes the likes of UpBit, TOKOK, AlterDice, and STEX. These exchange platforms has IGNIS traded with pairs like Bitcoin, USD Tether, Ethereum, and Krown (KRW). These pairs are quite nice but can be increased. Another thing I really feel they should improve on is the number of exchange platforms and types they are listed on. I feel they should target an exchange platform like Binance and Kucoin. Not minding this, I still feel the IGNIS token is still doing well.
Among some other things the IGNIS project possess, there seem to be one I like so much and this is because it is something that is almost required in the blockchain network today (when I mean almost required, I mean it's not really required but having it would he something good). What I'm talking about here is Privacy. The IGNIS project seems to put the privacy of their users at heart and this is demonstrated by some things, of which I would be showing you today, in this review.
The first proof is the fact that they have all transactions visible to anyone on a public ledger. This would help proof their sincerity. The project also supports encrypted messages. Using this feature means securing your words or the things you have to say to a person from the sight of a third party. They also make use of a Coin shuffling algorithm. This is a feature that allows several users to shuffle equal amounts of tokens into newly initialized recipient accounts. This would help keep the privacy of both the sender and receiver.
Haven said all these, I guess IGNIS should be something worth your time and feel you should check it out. This is because just as useful as I find Ardor to be, I'm also finding IGNIS to be so.