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Author Topic: [ANN][ICO] The NAGA ICO - SMART CRYPTOCURRENCY FOR STOCK TRADING & GAMING.  (Read 11370 times)
Tomohisa
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November 14, 2017, 10:23:17 AM
 #141

Why STOCK TRADING & GAMING? Two things that don't relate at all.

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MalReynolds
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November 14, 2017, 11:26:54 AM
 #142

Why STOCK TRADING & GAMING? Two things that don't relate at all.


We believe that the two markets are pretty similar. We at NAGA have the vision to combine this two worlds by creating a universe, where people can trade any virtual good. No matter if it is a sword from a game or a derivative (financial markets). We aim to gamify trading & investing as a whole.

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November 14, 2017, 11:31:20 AM
 #143

What plans do you have for the development of the SwipeStox service in the next year or two?

SwipeStox is built in such a way that it opens the financial markets to everyone. Thus, our goal is to offer a wide range of products on our platform. Major milestones will be the further development of our investing algorithms (robo-advisory) and the extension of the product offering, allowing our users to trade physical stocks, bonds and ETFs. We will also further improve the UI/UX, making SwipeStox the simplest way to trade the financial markets.

Shaurman
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November 14, 2017, 12:19:22 PM
 #144

Hello. Are you planning to supply liquidity to other projects? How much will it cost?
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November 14, 2017, 12:20:51 PM
 #145

Do your operations that you are currently performing in the market comply with MIFID29 safety standards?
newboi
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November 14, 2017, 02:06:20 PM
 #146

Which EU financial markets will the NAGA users access?
MalReynolds
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November 14, 2017, 02:10:07 PM
 #147

Do your operations that you are currently performing in the market comply with MIFID29 safety standards?

Yes, NAGA through its entity NAGA Markets (former Hanseatic Brokerhouse Global Markets Ltd.) is fully MiFid compliant.

Gamelander
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November 14, 2017, 02:11:30 PM
 #148

Will bonus tokens always be valid or do they have a certain lifetime? Which one?
MalReynolds
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November 14, 2017, 02:12:45 PM
 #149

Which EU financial markets will the NAGA users access?

Licenses of the Naga Group (Nov 2017)

1. Naga Markets Ltd (Limassol, Cyprus) - ex Hanseatic Brokerhouse Global Markets Ltd Cyprus Investment Firm (CIF) No. 204/13

Investment Services
• Reception and transmission of orders in relation to one or more financial instruments
• Execution of Orders on Behalf of Clients
• Dealing on Own Account
• Portfolio Management
• Placing of financial instruments without a firm commitment basis

Ancillary Services
• Safekeeping and administration of financial instruments, including custodianship and
related services
• Granting credits or loans to one or more financial instruments, where the firm granting
the credit or loan is involved in the transaction
• Foreign exchange services where these are connected to the provision of investment
services:

For more details click here: https://cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37704/

2. Hanseatic Brokerhouse Financial Services GmbH (Hamburg, Germany) Financial Services Institution (FDI) ID: 121628

• Investment Advisory Services
• Investment Brokerage

For more details click here:

https://portal.mvp.bafin.de/database/InstInfo/institutDetails.do?cmd=loadInstitutAction&in
stitutId=121628

MalReynolds
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November 14, 2017, 02:13:52 PM
 #150

Will bonus tokens always be valid or do they have a certain lifetime? Which one?

Yes, bonus tokens will aways be valid and do not have a certain lifetime.

romgenie
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November 14, 2017, 02:16:25 PM
 #151

What is a "reasonable contract monetary policy" that will be used by NAGA?
MalReynolds
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November 14, 2017, 02:19:30 PM
 #152

Hello. Are you planning to supply liquidity to other projects? How much will it cost?

Hi, we are planning to launch NAGA Donation Fund. The NAGA Donation FUND will be operated by NAGA, also charity projects will be proposed to the token holder community. In quarterly polls, all NGC holders will be eligible to decide which charity projects will receive a donation. The projects will be assessed by a dedicated team and will include NGOs only.

MalReynolds
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November 14, 2017, 02:29:21 PM
 #153

What is a "reasonable contract monetary policy" that will be used by NAGA?

"Reasonable contract monetary policy" or (SCBMP) is an active steering and controlling tool that can subsidize certain areas of the ecosystem such as virality, growth, trading volume, referrals, bonuses, also SCBMP has a high impact on liquidity, volatility, and spreads etc. It is applied by setting devaluation intervals and restricting the use of tokens for specific services or to specific holders only.

Mat24
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November 14, 2017, 02:31:52 PM
 #154

What is a "reasonable contract monetary policy" that will be used by NAGA?
Hi, it's called in that way because the devaluation intervals and restrictions on using tokens for specific services are set.
coldday
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November 14, 2017, 02:36:14 PM
 #155

What is a "reasonable contract monetary policy" that will be used by NAGA?
Hi, it's called in that way because the devaluation intervals and restrictions on using tokens for specific services are set.
Does this have a positive effect on the project’s ecosystem? Can NAGA developers make changes in the "reasonable contract monetary policy" in the future?
MalReynolds
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November 14, 2017, 11:54:14 PM
 #156

Yes this has a positive effect on the ecosystem. Moroever the Naga Token Economics were thought through in very detail. If you are interested about financial mechanics, check the resources in their webpage or check this calculation sheet:

https://www.dropbox.com/s/m2c8fiezu5kia13/NAGA_Forecast_ICO_Version_1.0.0.xlsx?dl=0

And the Naga Dev Team will do all actions to keep a clean monetary policy and stable token economy.

spacegt
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November 15, 2017, 06:29:47 AM
 #157

What will act as an adjustment mechanism on the NAGA platform?
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November 15, 2017, 06:30:50 AM
 #158

What will act as an adjustment mechanism on the NAGA platform?
It seems that NAGA has developed a special Monetary Reserve Pool for this purpose.

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spacegt
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November 15, 2017, 06:33:41 AM
 #159

What will act as an adjustment mechanism on the NAGA platform?
It seems that NAGA has developed a special Monetary Reserve Pool for this purpose.
Will it be able to cope with the "overheated" market if necessary?
nicolasbit
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November 15, 2017, 08:20:16 AM
 #160

Hello. Will the token exchange rate multiplier be dynamic?
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