[ANN][ICO] The NAGA ICO - SMART CRYPTOCURRENCY FOR STOCK TRADING & GAMING.

[spottcoin]

Good afternoon. Under what circumstances can the value of NGC tokens drop to 0 and what is the probability of occurrence of such events?

[t1Zona]

I like this ICO, good and known advisors, although Roger Ver only known advice is to accept payments in "his" Bitcoin Cash. I hope he gives more advice.

One question, why a presale so close to the main sale? Any thought for buying in the main sale? Usually we can think about a pre sale before there is any PoC/product, let's say something more risky but with some benefits (like this 30%) and the main sale/ ICO, without benefits but with a currently PoC or beta product (less risky). But with NAGA coin they happen at the same time.

[Shaurman]

If you adjust the plan for the development of the platform, will you notify the holders of the tokens about this?

[specialAU]

What do you do if the money collected during the sale isn’t enough to develop a full version of the platform?

[MalReynolds]

What do you do if the money collected during the sale isn’t enough to develop a full version of the platform?

With SwipeStox, NAGA has already established a functioning network for real money transactions which is operating since early 2015 driven by thousands of users.

The allocation of funds raised in the Token Sale therefore is:

User acquisition / Marketing: 50%
Bank graded Security & Code Audit: 8%
Licensing & Regulatory Compliance: 8%
Research & Development: 7%
Other costs: 7%
Salaries & Wages: 6%
Regulatory License Acquisition:4%
IT team & infrastructure: 4%
External Legal Service: 3%
Blockchain Engineering & Testing: 3%

The funds collected in the token sale are used to meet predefined milestones in the project roadmap. NAGA commits to build the following projects based on the raised amount in the NAGA Token Sale:

NGC Tokens Sold                     Project Realiszation
min. 10,000,000 NGC              Q2 2018 Completion and production deploy of NAGA Wallet
                                             Q2 2018 Integration of NGC into SwipeStox and Switex


min. 20,000,000 NGC              Q4 2018 Release of "NAGA MARKET GUARD"

min. 50,000,000 NGC              Q1 2019 The Naga Exchange
                                             Q2 2019 Launch of Peer2Peer FX

[MalReynolds]

Hello everyone. Do NGC tokens need to pay taxes? How much and how often?

NGC token holders may be required to pay taxes associated with the transactions contemplated herein. It will be a sole responsibility of NGC token holders to comply with the tax laws of the jurisdictions applicable to them and pay all relevant taxes.

[MalReynolds]

Good afternoon. In which country is your company registered and in which year?

As far as I know, NAGA has a German license since 2015.

Yep, NAGA is a German holding of technology companies which was founded in 2015 and is listed on the German Stock Exchange. Over the last 2 years, NAGA has raised over $15m in capital from various prestigious investors, such as one of Europe’s oldest banks Hauck & Aufhaeuser (founded 1796) and from China’s largest private investment conglomerate FOSUN.

[Euro1000]

Yep, NAGA is a German holding of technology companies which was founded in 2015 and is listed on the German Stock Exchange. Over the last 2 years, NAGA has raised over $15m in capital from various prestigious investors, such as one of Europe’s oldest banks Hauck & Aufhaeuser (founded 1796) and from China’s largest private investment conglomerate FOSUN.

So, it is mainly a Chinese company, because Hauck & Aufhaeuser belongs (mainly) to FOSUN.
Link (sorry, only in German): https://de.wikipedia.org/wiki/Hauck_%26_Aufh%C3%A4user

[pakhirgan]

No hard cap?? Lots of money you target to raise. More than $200 000 000. Going to spent 50% of them merketing. Wahoo...... ICO  need a good regulation I think.

[MalReynolds]

No hard cap?? Lots of money you target to raise. More than $200 000 000. Going to spent 50% of them merketing. Wahoo...... ICO  need a good regulation I think.

Hard cap: 400,000,000 NGC

[greply]

Good afternoon. Under what circumstances can the value of NGC tokens drop to 0 and what is the probability of occurrence of such events?

Good question. Any response from the team on this?

[Pit-R]

Very interesting proyect. I know SwipeStox by Hanseatic BrokerHouse.

[MalReynolds]

#NAGA_video

SwipeStox, Switex, NAGA Academy, and NAGA Wallet. Discover how all the elements of the NAGA Universe unite in this short video ⬇️

https://www.youtube.com/watch?v=U7Y6o5O7GqE

[bizneser]

Where is program bounty?

[bitcoinpropaganda]

Use my referral link and I'll give you half of what they send to me.

https://www.nagaico.com/?refcode=r53vqr

[oportunis]

Use my referral link and I'll give you half of what they send to me.

https://www.nagaico.com/?refcode=r53vqr

I can give back 90% Contact me for referral link!

[MalReynolds]

Where is program bounty?

We have a referral program, for more details check this article http://help.nagaico.com/participate/the-ngc-refer-a-friend-program

[alcoholbtc]

Do the Naga’s projects already have active audience? How many people are there?

[nicolasbit]

Do the Naga’s projects already have active audience? How many people are there?

As far as I know, twenty thousand people from one hundred countries use NAGA services every day.

[alcoholbtc]

Do the Naga’s projects already have active audience? How many people are there?

As far as I know, twenty thousand people from one hundred countries use NAGA services every day.

Has company revealed its plans concerning the extent to which it want to increase its audience and time limits for this purpose?