What is IHC Token?
Inflation is a silent killer that decreases the real monetary value of fiat currency. Also, it is the perpetual rise in the prices of consumer goods and services over time. As consumer prices surge higher, the total amount of goods and services purchased with a fiat currency decreases. Inflation is not a new trend or phenomenon – $1 in 1913 is equivalent in purchasing power to about $27.58 today. This means the dollar value diminished by 27.58 times or 2758%. IHC token is here to hedge against this anomaly.
What makes IHC Unique?
Inflation Hedging Coin (IHC) is not just another speculative cryptocurrency without any solutions or backing. IHC burns itself annually from its total market capitalization at the US inflation rate to keep its’ store of value — and will continue to do so until its total market capitalization becomes equal to the number of IHC tokens in the token holders’ wallets.
Who are the Founders of IHC?
CEO - Gantig Bayarmagnai
In 2017, very first Mongolian cryptocurency exchange, Trade.mn appointed Gantig as its CEO, which successfully earned over 5 million USD in volume within its first two months of operation. The first cryptocurrency exchange in Mongolia currently has over 170,000 members.
In 2018, Gantig co-founded BitMonEx LLC, a digital asset exchange operated in partnership
with Bittrex. BitMonEx is a blockchain consulting service that is currently working with over 10 international projects. BitMonEx is now known as Complex Mongolia and Gantig remains as a minority owner. In 2018, Gantig also co-founded Karvuon Project, an energy park for the blockchain industry, which held an IEO on South Korean exchange ProBit in 2020. Karvuon is currently developing a smart grid blockchain platform in Mongolia.
In 2021, Gantig joined ARD Financial Group to lead its subsidiary Bulgan Undraga JCS as CEO, which is Mongolia’s first Crypto ETF. Ard Financial Group issued the cryptocurrency ArdCoin (ARDX). Through ArdCoin Management, Gantig led the project to successfully launch on UniSwap and to become listed on Bittrex Global.
CTO - Munk-Erdene Burenjargal
Munkh-Erdene Burenjargal is a respected programmer and developer in Mongolia who has
led numerous projects that have contributed to Mongolia’s digitalization of governance. He
is the former CTO of Interactive LLC, the country’s leading provider of computerized turnkey solutions for businesses and government organizations. The following are some of the notable projects Munkh-Erdene has supervised: the Mongolian Tax Authority’s online system; Mongolia’s Transparent Account system, which enables transparent public reporting by government agencies; and Mongolia’s public procurement system. Munkh-Erdene left Interactive LLC to establish his
own startup with a partner, Data Science LLC. Shortly after, he went on to break new ground in Mongolia’s digital economy.
CFO - Munkhjin Otgonbaatar
Munkhjin Otgonbaatar is a successful entrepreneur, financial market expert, equity trader, cryptocurrency investor, venture capitalist, and angel investor in Mongolia. He is the founder and president of MOT Wealth Holdings Corporation. At the age of 25, through trading and investing, Munkhjin became the youngest self-made USD millionaire in Mongolia. His area of expertise includes corporate finance, managerial accounting, capital allocation, portfolio risk, money management, and investments.
Munkhjin’s holding company specializes in investments in equity, cryptocurrency, and real estate markets. He is also an educator and financial market influencer with over 350,000 followers on social media.
CIO - Erkhembayar Bayarsaikhan
Erkhembayar Bayarsaikhan is a well-respected trader and investor in Mongolia. Over the past 13 years of his career, he accumulated all his wealth and success from capital markets trading and investments, starting from ground zero. Currently, he is the founder and majority shareholder of Haru Group. Since 2012, he has been openly and regularly sharing his trading and investments decisions with the general public through his channels. As a result, many have followed and profited from his analysis and trading ideas, and his anonymous trademark logo “E” has become popular in Mongolia’s financial industry.
CMO - Ider-Od Bat-Erdene
Ider-Od Bat-Erdene is a serial tech entrepreneur and a well known comedian from Mongolia. He is best known for his comedy and being one of the first stand-up comedians in Mongolia. He is also a prominent spokesperson for his generation and is considered an impactful influencer, with over a million followers on social media. Ider-Od co-founded CallPro, a cloud call center service provider, and Hippocards, a language learning mobile app. He also co-founded FARO Group in central Ulaanbaatar, an enterprise focused on education.