WHAT IS NAGA?
NAGA is a cryptocurrency announced in early November. This type of cryptocurrency is being developed by the Naga Group AG, which is a German fintech company that can be found in Hamburg.
The company's goal is to make transactions in stocks and virtual goods more secure and accessible to everyone. And inorder to do that, NAGA will launch its NAGA Coin (NGC) cryptocurrency.
This type of cryptocurrency serves as a decentralized unit of calculation inside NAGA's trading platform, which includes SwipeStox and Switex. SwipeStox allows user to invest, buy and hold in equities. ETF's, CFD's and commodities, While Switex is a virtual goods marketplace where gamers can securely trade virtual items.
PROBLEMS THAT NAGA SEEK TO SOLVE.
NAGA seeks to solve a major problem with today's financial markets. Read below how the whitepaped explains the core problem the platform seeks to solve.
“Investments and trading are ruled and governed by greedy banks and corporations that control access, operate non-transparently and always take a cut of your money.”
Their aim is to solve that problem by creating a single decentralized cryptocurrency for the financial market and gaming industry.
HOW DOES NAGA WORK?
Their solution is to create one decentralized cryptocurrency for multiple financial products including:
- Financial markets (SwipeStox platform)
- Virtual goods (Through Switex)
- Cryprocurrencies (Through their wallet)
The NAGA Company enables everyone to make money on one platform in a simple, secure way without the need for a bank or bank account.
THE NAGA COIN ICO.
NGC ICO is scheduled for the following dates.
Pre-Sale: November 20 (00:00 CET) to November 27, 2017
Main Sale (ITS): December 1, 2017 (00:00 CET) to December 15, 2017
If you want to join their ICO sale just register here: https://www.nagaico.com/?refcode=v8gsq0
If you want to know more about NAGA just click this link for their whitepaper: https://docsend.com/view/srsg4zw
Thanks for Viewing!!!
Please UPVOTE!!
Follow Upvote Resteem!!
Thanks!!