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

[rocketbit48]

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?

Hi, I agree, the CYBO adviser is very interesting to me, too. I’ve read that he will make investment decisions based on the analysis of the behavior of traders and AI. Thus, he makes quality recommendations that will allow to receive the profit!

[alcoholbtc]

I’ve read that CYBO takes into account a number of factors in its work, from numerous indicators to economic news, and this is very cool! I’m still wondering, are the results of the fundamental analysis of the markets taken into account in its work?

[energycrypt]

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?

Hi, I agree, the CYBO adviser is very interesting to me, too. I’ve read that he will make investment decisions based on the analysis of the behavior of traders and AI. Thus, he makes quality recommendations that will allow to receive the profit!

Very cool, but what about making a profit from its investment advice - we'll see about that) Don’t you know whether the platform will be distributed on a free basis or will users have to pay any commission?

[Stephlambert]

Good to see that the pre-sales reached 50% so quickly.
I hope this project manages to raise a lot in its ICO period.

[QCThang]

NAGA is not cheap beside anthers ICO now.

[bon3s90]

So u guys want to raise $220 USD?? Seriously, how do you justify the price of $1 USD per Token? I don't think you can charge that price only because you have some potential customers Sorry but that's way to expensive - looks like collecting money and that's it to be honest.

Also I don't see the need to offer gaming content (in-game items), rather focus on one thing instead of a huge variety.

[vanBlack]

I'm quite tired from projects that resolving the same problem and can't resolve.

Yes the banks take their fees, yes the fees fees are big. And bank are working this way long term periods. They know how to do it day by day.

These guys want to make things easier and cheaper and think that it will be easy to fulfil. No way. No resolving.

[didi-man]

If you buy now almost certainly you are bound to profit but I dont know if its gonna be 10x , solid team behind this project is what attracted me to invest in Naga

You dont want to invest into some unproven nameless and faceless devs

[seriosman]

Hello, developers of NAGA. Tell me please, what kind of personal trading preferences can I set for CYBO so that it will take into account in its analysis?

[MalReynolds]

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?

Sure, you can find a detailed comparaison table on www.nagaico.com under the "ressources" section or here: https://docsend.com/view/bygmyjq (second page of the doc)

[MalReynolds]

So u guys want to raise $220 USD?? Seriously, how do you justify the price of $1 USD per Token? I don't think you can charge that price only because you have some potential customers Sorry but that's way to expensive - looks like collecting money and that's it to be honest.

Also I don't see the need to offer gaming content (in-game items), rather focus on one thing instead of a huge variety.

Thank you for your opinion! We have experienced quite a dire need for an independent platform which consolidates the current black-markets for virtual goods into one legal and open market. According to several market analysis the virtual goods market was worth over $50 billion in 2016, other estimates conclude at least a high double digit number. We think that virtual goods as seen and used in games are assets of value, in which the gamers invest, spend their time for and put their trust in those. Switex fully focuses on virtual goods and thus want to establish easy to use market comparable to a hybrid of eBay & Amazon for virtual goods.

[singlej007]

Is there no Airdrop form for this, let's help spread the word on twitter and other social media

[MalReynolds]

⚡️A Message from the NAGA Executive Team to the Community⚡️

https://medium.com/@thenagaico/lets-talk-about-hardcap-the-naga-management-team-5db4dba58b81

[bon3s90]

So u guys want to raise $220 USD?? Seriously, how do you justify the price of $1 USD per Token? I don't think you can charge that price only because you have some potential customers Sorry but that's way to expensive - looks like collecting money and that's it to be honest.

Also I don't see the need to offer gaming content (in-game items), rather focus on one thing instead of a huge variety.

Thank you for your opinion! We have experienced quite a dire need for an independent platform which consolidates the current black-markets for virtual goods into one legal and open market. According to several market analysis the virtual goods market was worth over $50 billion in 2016, other estimates conclude at least a high double digit number. We think that virtual goods as seen and used in games are assets of value, in which the gamers invest, spend their time for and put their trust in those. Switex fully focuses on virtual goods and thus want to establish easy to use market comparable to a hybrid of eBay & Amazon for virtual goods.

Ok, so if you focus on that that's one point, and I agree with some statements. But why do u need 220 million USD for that project? 

[didi-man]

What %  of ICO money will go on marketing and what is the plan to market this project? When, where and how?

[MalReynolds]

So u guys want to raise $220 USD?? Seriously, how do you justify the price of $1 USD per Token? I don't think you can charge that price only because you have some potential customers Sorry but that's way to expensive - looks like collecting money and that's it to be honest.

Also I don't see the need to offer gaming content (in-game items), rather focus on one thing instead of a huge variety.

Thank you for your opinion! We have experienced quite a dire need for an independent platform which consolidates the current black-markets for virtual goods into one legal and open market. According to several market analysis the virtual goods market was worth over $50 billion in 2016, other estimates conclude at least a high double digit number. We think that virtual goods as seen and used in games are assets of value, in which the gamers invest, spend their time for and put their trust in those. Switex fully focuses on virtual goods and thus want to establish easy to use market comparable to a hybrid of eBay & Amazon for virtual goods.

Ok, so if you focus on that that's one point, and I agree with some statements. But why do u need 220 million USD for that project? 

We are creating a token-economy, one single interface that allows users to trade cryptocurrencies, virtual goods and the financial markets. Unlike other ITSs, 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. Just a fraction will go towards operational and platform expenses and development. The major part of the funds will go to direct revenue generating activities. Unfortunately, Business Actions are always very costly. And that’s why we see a sense behind raising funds for development, scale and platform growth. We set the hard cap at the same level as our market cap on the stock exchange. We don´t need to raise a certain amount to make our products run, we are already live and our development is funded by the capital markets and investors like the multi-billion-dollar Chinese Fosun Group. We use the capital raised in the token sale predominantly to scale up the token economy. To make sure the number of users and hence the demand of tokens as well as the token price grows. So the Hard cap is based on the market cap, we have big projects, we started to put them in place and we want to be consistent with that, and not only compare our Hard cap with other ICOs or "ideas" that do not have any product or a functioning business model.

[singlej007]

I love this, but this will b e a long term investment, i need a short time turn over coin

[o48o]

Can i reserve the Finnish translation if you need one?

[hunterofmoney]

Hi, will future projects be automatically connected to the wallet of your platform, or will you have to perform any additional actions?

[Gabrola]

Good afternoon, I live in the UAE, that’s why I want to clarify, if the having your tokens doesn’t violate Sharia law?