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Author Topic: [ANN][ICO] The NAGA ICO - SMART CRYPTOCURRENCY FOR STOCK TRADING & GAMING.  (Read 69215 times)
MalReynolds (OP)
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November 22, 2017, 04:06:49 PM
 #321

Hi there! Any bounty for your program? Please link.

Hey there, we do have referral program. You are able to invite your friends and benefit.
They will be linked to your account, and you will receive 5% of their investment for free! Credited automatically into your wallet.
You can simply sing up on the website (https://www.nagaico.com/) and once connected, click "earn tokens" and get your personal referral code.
MalReynolds (OP)
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November 22, 2017, 04:26:15 PM
 #322

Will vendors set the price of game items themselves or will NAGA experts evaluate market price of such items?

On Switex we will have a dedicated Store, on which Gamer Developers/Publishers will have the possibility to directly offer their items to Switex users. Furthermore, Switex users can sell/buy their items on the Switex Market, where only players can create offers and purchase them. Creating an offer requires to set up a price by the item owner. In a later stage of Switex, we plan to implement price determination by an automatic order system.
MalReynolds (OP)
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November 22, 2017, 04:55:32 PM
 #323

Hello. Will developers of computer games be able to sell their virtual goods via your platform?

Yes! Switex will be an open and independent platform. We strive to develop an open API where practically all game publishers/developers can onboard themselves - with the premise that the game publisher/developer is eligible.  Wink
MalReynolds (OP)
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November 22, 2017, 04:56:32 PM
 #324

Hello. Will developers of computer games be able to sell their virtual goods via your platform?
As far as I understand, Switex is ready to cooperate with developers of computer games so they will have an opportunity to sell their goods via this platform
What commission will the platform charge from each sale?

On the Switex Market the fees are transparent to the Switex users and thus are planned - as of now - to be 10% (5% belong to game publisher/developer and the other 5% to Switex). If the market requires it, we are open to adjust the fees to the advantage of the switex users. Moreover, in a future stage of Switex there will be a subscription based model for very active users, so those will pay half of the future market fees but a monthly small fix amount.
MalReynolds (OP)
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November 22, 2017, 04:57:36 PM
 #325

Will Switex users be able to exchange virtual goods from different games without additional costs?


Yes! Virtual goods will be interchangeable between games and game platforms without any further costs, but the usual sale fees on the market.
revelacaogr
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November 22, 2017, 05:45:45 PM
 #326

THE NAGA GROUP / NAGACOIN ICO: “DOUBLE PUMPING” THE CRYPTOCRAZE
by memyselfandi007   

https://valueandopportunity.com/2017/11/17/the-naga-group-nagacoin-ico-double-pumping-the-cryptocraze/

I have had some posts on Bitcoin and Crypto currencies on the blog before. Overall I find the technology very interesting, but at least for Bitcoin I am not certain about the real value.

Things are though very different for a German company called “The Naga Group”. The company IPOed 5 months ago on July 10th in Germany in the lightly regulated “Scale segment”. Initially, its aim was to specialize in “disruptive Trading technologies”.

The disruptive technology is an App which is the “Tinder of Stock trading”. The product is a “social trading business platform” called Swipestox, trying to earn most of its money with advertising. I have looked up the App on the Google play store and it has been downloaded a 100.000 times which is OK, but not great. Interestingly the newest comment/rating is from beginning of September, so I am not sure how actively this App is used.


The company boasts 2 prominent pre IPO  investors: Hauck and Aufhäuser, a well-known German private bank and Fosun, the conglomerate from China whose founder went “missing” some months ago, but then  reappeared , Oh, and Fosun actually bought Hauck and Aufhäuser last year.

In the first 6 months of 2017, the company had around 4 mn EUR in Revenues and roughly the same amount of losses and virtually no cash on hand despite significant amounts raised from Fosun..........

MalReynolds (OP)
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November 22, 2017, 07:06:27 PM
 #327

#NAGA_article

"ICOs have raised over $2.3 billion this year alone. However, most investors hesitate to explore the potentials of this new industry" - but we know NAGA defies that.

Read how NAGA is on a whole new level in this article from CCN.
https://www.cryptocoinsnews.com/naga-group-announces-new-standards-icos/
kartikji
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November 22, 2017, 08:11:47 PM
 #328

When it will list in exchange?
Mrnat
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November 22, 2017, 08:34:51 PM
 #329

Hi there everyone, thanks for all the questions!  Smiley
Please see answers below and let me know if anything needs further clarification.

Bounty will be?

Bounty Tokens will be 5%. Therefore there is a total of 20,000,000 Bounty tokens.


How did you get the idea to create this project?

We aim to establish the world´s first crypto-gateway to trade stocks, CFDs, ETFs, any other sort of financial instruments and in-game items on a global scale in a secured and transparent way.
NAGA shall become the trading platform for any financial or virtual product of the future.


On which countries are you targeting in the first place?

We are trying to target as many countries as possible. Obviously, we cant target every country due to specific regulations or rules in those countries.


Will you accept investments from US citizens?

Unfortunately not. Every Nationality, except United States, Singapore and People's Republic of China or resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan, or Cuba.


Hi. When the delivery of tokens? After ICO?

Yes, the token distribution will begin when the main token sale is completed.


In what cryptocurrencies can i buy your tokens?

We accept Bitcoin, Ethereum, Litecoin, and Dash.
Other than that, you have the option to purchase NGC via FIAT ($/€) currencies also.
FIAT currency payment can be made via Major Credit Cards or Bank Transfer.


Who are the potential auditory in your project?

Given the fact that the financial service sector is still inaccessible (it still unnecessarily requires banks) for over 2 billion people and heavily complex, with non-transparent cost structures and that there is no central solution to these problems, NAGA’s mission is to open up the world of trading financial and virtual goods to everyone in a unified platform.
Therefore we do not have a main target group, but rather a bright mass of people who are either excluded from other financial instruments, want to invest, or will be using the NAGA ecosystem for trading stocks or virtual goods.
There is a variety of possible uses and potential auditorys for NGC.

To much supply I think. The price will slowly increase if your supply get low demand. Anyway, I will keep on eye with this project. Good luck sir.

The NGC is the base currency for all our platforms, already trading billions every month. With every new user the demand for NGC grows. As more and more users join, and will fund the NAGA Wallet in fiat or cryptocurrencies, NAGA has to keep buying NGC at the exchanges to satisfy this growing demand or the users will buy NGC directly at the exchanges - and growing demand means a growing NGC price! The supply for NGC is limited, and the demand - well there are 2 billion potential users out there.
Thank you, sir!  Smiley


Do you have bonuses for large investors?

We do offer a 30% bonus during the pre-sale phase.
Other than that, there is a referral system which can be used to obtain free NGC tokens.


When on exchange?

We expect NAGA Coin to become universally accepted outside of NAGA`s ecosystem, as the community grows and new FinTechs are integrated.
Currently, I simply can't guarantee anything. But we really expect NGC to be listed on major exchanges as quick as possible.


So here it comes https://www.nagaico.com/?refcode=cipds6 whoever use this ref link i will give him 35% BACK  (YES NO LIE I believe in Karma ) of the NGC i will receive from him, NGC have a brilliant future! Get in now!! so if you invest 100 NGC you will receive 130 NGC with still the Pre-Sale of 30% Bonus, beside that, by using my ref code, i will receive 5 NGC, from that 5 NGC that i receive i will send you back 35% so thats 1.75 NGC you will end up paying 100 NGC and having 131.75 NGC, so why not do it? Hurry Up (Before you´re sure you want to get it) Good Luck

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Jcga
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November 23, 2017, 01:11:03 AM
 #330


Can not participate. Impossible to log in or create an account, i tried with 2 mails.

🚀IRRESISTIBLE "Crypto Collectibles" 👉 https://bitcointalk.org/index.php?board=217.0
MalReynolds (OP)
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November 23, 2017, 02:30:02 AM
 #331

Hey, it should work again.
kizuto105
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November 23, 2017, 04:27:58 AM
 #332

I hereby confirm that I am older than 18 years, that I am not a citizen of China, the United States of America, Vietnam or Singapore and that I am not a resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan or Cuba.

I see this when I signed up. If I am a citizen of the country upon, so I can't buy right?? Please confirm
MalReynolds (OP)
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November 23, 2017, 04:59:22 AM
 #333

Unfortunately the regulations and laws in some countries or territories are not allowing us to accept citizens from this. 
Accepted countries:
Every Nationality, except United States, Singapore, Socialist Republic of Vietnam, People’s Republic of China or resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan, or Cuba. More information in our Terms of Token Sale.
If they do register they do it on their own risk
jackjohnes23
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November 23, 2017, 05:23:43 AM
 #334

I like your project and the way you provide feedback.

Sorry if I ask it again, but do you have any comparison table to other gaming projects like Enjin and esports?
coin_1122
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November 23, 2017, 05:28:16 AM
 #335

I like your project and the way you provide feedback.

Sorry if I ask it again, but do you have any comparison table to other gaming projects like Enjin and esports?

I think Naga project is based on gaming project where they can out source to the companies who need advanced feature in their gaming technology. I think Naga team will help to find those companies with the team they have correct me if I am right?
MalReynolds (OP)
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November 23, 2017, 06:10:43 AM
 #336

A very different view on ICOs:
Inspired by the intense work we’ve been doing with our advisor Miko Matsumara, we would like to shed some light on the actual value of a token / crypto-currency, as well as the ICO space in general.
The ICO itself is by far not the core challenge for most companies.
The value of any token depends on the micro and macro token economy within which the token is used.
Prior to this, an ICO´ing company faces the following challenges:

a)    product development
b)    b) user adoption
c)    c) the ability to attract users to buy tokens - not only once but on an ongoing basis.

And here comes the difficult part: it is a misconception that the ICO stops after the “Initial” part. The offering is rather just the start of an ongoing exercise by the company to attract funds to buy tokens to fuel their token economy.

And here is the problem: because most ICO´d companies invest the majority of their raised funds into the tech development there is only a little amount left for business execution (and user adoption), and, in most cases, hardly any money left to invest into marketing the growth and attractiveness of their token economy.
Any ICO´d company needs to constantly fuel the demand for their tokens – not only during their ICO. The company should ideally have proof of concept on the ability to attract users and generate revenues with their product. This, however, requires the tech development and business execution to work.
if you are running a country you need to make it attractive for tourists and investors to constantly visit and use your currency (your token is a kind of currency -think of “Winter Wonderland” in Hyde Park, London, they have to constantly invest to make and keep it attractive otherwise people will stop buying “tokens” for their GBP).
If you build the infrastructure (tech dev, ICO) and then don’t tell anyone about it, the chances are that your economy is very unlikely to flourish. And it is only if your (token-) economy flourishes that the value of your token will grow.
Any ICO´d company should hence have a marketing centred strategy to grow the value of their token. A perfect example of a great performance in “making one’s ecosystem attractive” is UBER… with billions spent in marketing to ensure user growth, market penetration and share, branding etc.
A token economy (and hence the token value) depend even more on sustainable and strong marketing.
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November 23, 2017, 06:30:28 AM
 #337

I think The Naga Ico is good.
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November 23, 2017, 07:25:18 AM
 #338

Good evening everyone. I’ve read in the description that NGC tokens can be exchanged to Switex Coins to get many benefits from using the Switex platform. Does it mean that I can’t pay for purchases on this platform with NGC tokens?
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November 23, 2017, 07:26:04 AM
 #339

It’s a very interesting project, but the most interesting is the CYBO adviser. Basing on what information will CYBO make investment decisions and offer them to NAGA users?
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November 23, 2017, 07:26:29 AM
 #340

I understand that CYBO is a good advisor, but after all, it can make the wrong decision, can’t it? In this case, will users be compensated at least in part for monetary losses or not?
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