I'm wondering if your Switex product will be immediately compatible with the purse of your platform? And will registration be mandatory in it?
Switex will be integrated with the NAGA Wallet by mid 2018. And a registration within Switex will be mandatory, yes |
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What is the current rate of the token against the US dollar?
Current selling price is 1$ per NGC  |
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I have some queries : a) Why is Nagaico website having email & pwd as the only form of authentication? Isn't 2FA a commonplace for crypto wallets login? b) How will NGC be credited to me after buying? c) Does Naga Academy has plans to collaborate with universities or maybe online course websites (Coursera, Edx, etc) in future?  Hi there, a) 2Fa will be implemented shortly. As the member area is running integrated with NAGA Markets and SwipeStox, we are working on setting this up on every system which has access. b) You can simply enter an ERC20 compatible wallet and we will distribute NGC between 15th Dec and 7th Jan. c) Yes, NAGA Academy does actually have plans to even be a real university. You can visit classes right where the Academy will be located. Online courses will be available as well, of course. |
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9 days to go and about $8M still short of the main sale target. Feels like a long way to go.
What happens next? Will unsold tokens be burned?
The project is already considered a success! We are very happy with the current state of progress. Yes - all unsold tokens will be burned and there will be guaranteed free-float of 55%! |
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Hi am a new member, just tried to read the full whitepaper and I really like the vision for NAGA. I have read that you can buy Naga coins for fiat currency. Can you please elaborate this method? TIA. Sure, you were able to purchase NGC during pre-sale with Bank wire and Credit Card apart from cryptos and are now able to use Credit Card apart from crypto during the main-sale. Simple choose the payment method you wish when purchasing NGC at www.nagaico.com |
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Hello. I’m really interested in buying cosmetics on Switex. Are there any bonuses if I pay with your tokens?
Hi there, yes! When paying with NGC you will benefit from a lower exchange rates and purchase fees. There are other benefits as well, which will be clarified when Switex is being released |
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Good day. Is there any bonus for tokens bought during ICO?
Hi there, no - there will be no bonus during main-sale |
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Hello. I don’t understand why do you organize one ICO for all of your projects? They are all quite different. Would it be better to have several different ICO?
We want to have one major base currency for the complete NAGA ecosystem and want to integrate each project into the next one. It would be very difficult to create an own currency for each project and you would also need to exchange your currencies every time you switch the platform  This is probably the easiest way for both company and user |
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Is that true that NGC wallet can be used only for your currency or I can use other cryptocurrencies as well?
Hi there, we are planning to implement the top 10 cryptocurrencies and other internal currencies as the Switex coin for example. Further information will be released shortly before the NAGA Wallet is being launched |
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I wonder how Switex will to deal with swindlers under your platform? I guess the best option would be the introduction of the KYC procedure.
Switex will be secured through a registration in a blockchain and therefore this exchange will be the first to be secured against fraud and scam via a blockchain. The legitimacy of the in-game items, its origins and the sellers right to sell will be verified and therefore Switex will ensure a secure and safe transaction between users. |
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Naga seems really a strong project.
I've read that if you don't reach the Hard Cap which is very high, all the unsold token will be burned. So it means that the maximum number of tokens will be established at the end of the sale and therefore no longer increased?
The 45% will be set for M&A Reserve, Legal&advisory, Team, buyback options and so on. The majority of those tokens will be locked. But at some point, those tokens will be in circulation as well. But speaking of the release: the free-float is 55% |
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Hi. I have noticed that on ICO there are often about 800 thousand tokens are being in processing. Why is this happening?
A lot of transactions are still waiting for your NGC to be credited to your account. This is absolutely nothing to worry about. We are double checking bank wires and are crediting a lot of the manually so nothing goes wrong. There are currently 280+ Bank Wires pending. And there are still a lot of them incoming. We are working on that as we speak and should be able to have most or all of them booked and in your account within the week. No need to worry if you send a Bank Wire and it was not yet credited - we got you |
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Just noticed in this thread. Why Roger Ver is not in the advisor list.
He is the model of the advertisement and he is the biggest influenced of this project as a trusted founder and ceo of bitcoin.com.We did to recommend naga in our friends to support the project.
How can we explain this to someone who bougth a token using our referral link and observed this ann thread. And asking with the same question. Hope this thread will be edited.
No worries, Roger Ver is on our official website, you can also find many articles about him and his implication in the Naga ICO. This thread is mainly for discussions with the community, you find all our official updated information on our website. Many thanks for your remark anyway, we will take note. |
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What is your actual office location? Can I walk in and ask your team a couple of questions? I cant help it. I like talking face to face.
Hello, the main office is located in Hamburg, Germany. More details you can find on the official website https://thenagagroup.com |
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so there won't be any bounties for this project? Or is there one?
Unfortunately, we don't have a bounty program, instead of it we have a referral program, you can earn additional 5% bonus!🌶🌶 More details here:http://help.nagaico.com/participate/the-ngc-refer-a-friend-program |
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Hi. How many does is it will ICO is over?
Hey there, Main Sale will last for two weeks. The last day to buy tokens 15th of December! |
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Have you reached the softcap or it is still too soon to tell?
We have reached soft cap in the first 10 minutes of Pre-Sale🌶🌶 |
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Hello. Does your Academy teach history or foreign languages? Or only cryptocurrency and investment?
Hello, NAGA academy teach the basics of financial markets, trading, fintech industry. Also, we will provide practical and real-life education skills, passed over by industry leading and credible educators, which is both fast-paced, practical and applies to real life situations in order to assist students and industry enthusiasts in their endeavors to reach the top in the financial markets and fintech sectors respectively. |
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Good afternoon. You plan to create your own academy, but there are hundreds of other universities that provide quality economic education in the world. What’s the point?
So what if there are hundreds of other universities in the world that represent a quality education? As for me, its openness will be its main advantage. More precisely, the fact that anyone who wants, , can come to it and gain knowledge regardless of citizenship. Do I understand correctly that the guys behind this ICO want to start their own university like educational institution? Hi there, yes correct, we are launching an academy besides all other projects we will have. NAGA Academy is planned to be launched in Q1 2018. The academy will be launched in cooperation with a leading Cypriot educational institution with over 20 years of experience, offering recognised UK bachelor and master degrees in Business Management, Accounting, Law, etc. The NAGA Academy will offer online training through webinars and web-based courses, as well as offline education through classes, workshops and seminars in financial trading, FinTech technology, cryptocurrencies and virtual goods trading/economy. NAGA Academy offerings can be acquired using NGC as well as other crypto and fiat currencies via the NAGA Wallet. I suppose you have no internationally respected accreditations whatsoever when you launch your academy? I am not against your project, but education isn't easy and should be taken seriously and be delivered at highest standards. I hope you are not going for the less knowledgeable people who have dreams and invest their savings in an inferior educational program. Be responsible! Yes we will have internationally respected accreditations and we will launch the Academy in partnership with a very prestigious educational institution with over 20 years of experience, offering recognised UK bachelor and master degrees in Business Management, Accounting, Law, etc. So you will be very satisfied with the quality offered in the academy once it is launched  |
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Hello, can someone from naga please explain to me the reason behind such a high token price, i mean 1 dollar really? Why not offer it at 0.01 or 0.10 like most ico's do?
To answer you regarding the price, we simply do not want to be only considered as an attractive investment because of our price, but much more because of our running business and stable token economics that we will build. So If a bad project has an attractive price, it will still fail, if a good project has a "real" price, it will be reflected in the price increase. We are creating a token-economy, one single interface that allows users to trade cryptocurrencies, virtual goods and the financial markets. Unlike other Token sales, we have an existing product, and the funds raised by NAGA will be used to scale an already well-established business model aiming to achieve a unique position in the market. |
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