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

[californybit]

Hello, I would like to clarify, what is the point in creating a publicly available academy of financial trading?

[jager44]

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

My brother, as far as I understand, tokens do not guarantee a share of the company's stock, therefore, you have no direct interest and don’t lend the money.

[romfish]

Hello, I would like to clarify, what is the point in creating a publicly available academy of financial trading?

I could distinguish two obvious aspects: the first is the desire to attract attention of the regular public to investments, the second is that it’s an excellent springboard for the advertising program.

[Gamelander]

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

I consider automatic connection to be a legitimate solution, especially when taking in account that some users will pay attention to the platform only because of SwipeStox.

[californybit]

Hello, I would like to clarify, what is the point in creating a publicly available academy of financial trading?

I could distinguish two obvious aspects: the first is the desire to attract attention of the regular public to investments, the second is that it’s an excellent springboard for the advertising program.

I’ll let myself to disagree since anyone who gets knowledge here will be able to apply them on any other platforms.

[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?

My brother, as far as I understand, tokens do not guarantee a share of the company's stock, therefore, you have no direct interest and don’t lend the money.

Thank you for the answer, I will also clarify a few nuances about the mechanisms for the functioning of tokens within the system with the help of technical support, and then I will make a decision

[romfish]

Hello, I would like to clarify, what is the point in creating a publicly available academy of financial trading?

I could distinguish two obvious aspects: the first is the desire to attract attention of the regular public to investments, the second is that it’s an excellent springboard for the advertising program.

I’ll let myself to disagree since anyone who gets knowledge here will be able to apply them on any other platforms.

I have an answer, too: in course training there will be used examples of this platform for sure, it will be easier for beginners to repeat actions in the familiar interface, and this will significantly increase the audience, and consequently increase the value of tokens.

[hunterofmoney]

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

I consider automatic connection to be a legitimate solution, especially when taking in account that some users will pay attention to the platform only because of SwipeStox.

But I'm wondering, if there are any special bonuses for those who invest in the project at the very beginning of its development. I wouldn’t refuse to get a free investment portfolio, for example.

[bharath2120]

Hello everyone is there any bounty campaign for this coin...if so where is the bounty campaign link/thread please!

[iwill100]

hey dev like to know about the bounty program.

[ggcript]

Hi, can I issue a virtual card and use it for calculations on the network? It would be incredibly convenient.

[TakeSR20]

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.

I agree with bon3s90. Token sale price has no explanation, and is way out other ICO´s prices.
I fully understand that business actions has a high cost, but still you didn´t clearify why ICO price is 1$.

Another question: Fundraising Goal: $30m. What would happen if you don´t reach this goal? I read that all unsold token will be burnt, but since you put a high price due to the business actions cost, what would you do if you can´t fund all those actions with what you covered? Will the project NAGA token die slowly?

[specialAU]

Good afternoon, I wish you sincere success because your project will greatly simplify access to crypto-currencies! I have only a little question: when can I get a debit card of your platform?

[askon]

Is it possible to exchange currency within your wallet? If so, is an additional fee charged for the exchange?

[advertkane121]

Is your debit card linked to a wallet or can it be used offline?

[Forspareparts]

Hi, will SYBO the robotic adviser developed by your company be available to all who wish free of charge, or will it be necessary to pay extra costs for its services separately?

[BTCMINER6579]

I was here ...
I would like to be IB for my country .

[Guvn0r]

Awesome project...Very promising... I've never took part in any ICO, but i strongly feel like I should get some of NAGA Coins...

All the Best !!

[Crypto4K]

Is the debit card limited in one way or another? As for TenX needs verification if you want to spend more than 2000$ in a YEAR
How is your card gonna be different?

[Sharedoc]

I am just wondering if the Naga tokens can be sent to exchance ETH wallet (such as Binance) or do I need to set my own ETH wallet such as MyEtherWallet to receive the tokens after the ICO?