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Topic: [ANN][ICO] The NAGA ICO - SMART CRYPTOCURRENCY FOR STOCK TRADING & GAMING. - page 62. (Read 69332 times)

member
Activity: 294
Merit: 20
Token Distribution (https://www.nagaico.com/)

    Pre-Sale - 5%
    Team Tokens - 17.5%
    Referral Program - 5%
    Legal & Advisory - 12.5%
    Main Sale - 50%
    M&A Reserve, Buyback & Options - 10%

Token Sale Target:    30,000,000 NGC
Max. Supply Limit Of Tokens Available For Sale: 220,000,000 NGC



So, Dev Team holds 180 Million NAGA, regardless if 220m tokens sell, it's looking like only 30-35million tokens are going to sell by the end of this ICO.

Seems legit, devs hold 85% of the supply and sell off 15% (30million tokens roughly) AND generate 30million USD in ICO funds. Holy shit! The greediest nastiest ICO I've ever seen. Not only did they false market to you retards by claiming they are only keeping 45% of the supply, but it turns out they always planned on keeping at least 80-85% of the total supply! This makes the premine hold larger than any airdrop ever created on BTT, or any airdrop that's even ongoing, and that's on airdrop territory.

And FYI, this is discounting the extra 5% for the referrals, which they have no mention on what they are going to do with those extras. Despite all that, just look at those fucking numbers above. I thought ICO was supposed to take care of all those expenses, when did ICO's start triple fucking dipping into profits? What the fuck has these forums come to?

I can't reasonably explain how pathetic that is. If they kept like fucking 10% of the total supply, we would of have a dynamite coin here.

This is the only thing i dislike about this coin, how hungry and selfish these motherfuckers are. Truly, we've never witnessed something on this magnitude.



Edit:

Did something go horribly wrong with my math, because i can't believe what i'm seeing right now. Or are you all just mindless fucking retards... the more likely scenario is that this is a thread of puppets creating the illusion that there are investments into this garbage.

Punchline: 1 NAGA = 1 USD. LOL!

They are burning off the unsold tokens... arent they? there are some reserved for M&A, team gets 17.5% or am I reading something wrong?
member
Activity: 294
Merit: 20
Is Naga now sold out? I've bought couple hundred quite early on but it went very quickly I have to say! I hope this will be boomer like my DeepOnion Cheesy
newbie
Activity: 10
Merit: 0
When are you going to burn unsold tokens? Before or after 22. December, when you will be listed on HitBTC?
newbie
Activity: 1
Merit: 0
Why does it need a ETH wallet to do deposits?

When the NAGA coin goes live, where can we manage our NAGA coins?


member
Activity: 154
Merit: 13
Your goal is 30M,  still now more than 6m have to rise in less than 3 days. What will be happen if you cann't reach to your goal?Huh?Thanks.

that is just a goal.. if not reach to goal Unsold tokens will be burned

Yup, thats what they said. However at this stage, $25,043,952 raised from 37,198 backers and 2 days left. It could come very close to their target. May end up at 28-29M maybe.

The recent rise in Bitcoin and Eth may have slowed down investments in ICOs in general.

look at now, recently reach 30m goal.. buy before late and regreet
full member
Activity: 392
Merit: 100
When will the NGC token appear on large crypto currency exchangers? I'm just afraid that there may be a temporary deficit.

NGC will be listed on HitBTC on the 22nd December 2017 (12:00 PM CET). HitBTC is already one of the top 10 crypto exchanges.
And there are plans for further ones within the next weeks.

Been searching for the bounty thread link, is there any ??
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
Token Distribution (https://www.nagaico.com/)

    Pre-Sale - 5%
    Team Tokens - 17.5%
    Referral Program - 5%
    Legal & Advisory - 12.5%
    Main Sale - 50%
    M&A Reserve, Buyback & Options - 10%

Token Sale Target:    30,000,000 NGC
Max. Supply Limit Of Tokens Available For Sale: 220,000,000 NGC



So, Dev Team holds 180 Million NAGA, regardless if 220m tokens sell, it's looking like only 30-35million tokens are going to sell by the end of this ICO.

Seems legit, devs hold 85% of the supply and sell off 15% (30million tokens roughly) AND generate 30million USD in ICO funds. Holy shit! The greediest nastiest ICO I've ever seen. Not only did they false market to you retards by claiming they are only keeping 45% of the supply, but it turns out they always planned on keeping at least 80-85% of the total supply! This makes the premine hold larger than any airdrop ever created on BTT, or any airdrop that's even ongoing, and that's on airdrop territory.

And FYI, this is discounting the extra 5% for the referrals, which they have no mention on what they are going to do with those extras. Despite all that, just look at those fucking numbers above. I thought ICO was supposed to take care of all those expenses, when did ICO's start triple fucking dipping into profits? What the fuck has these forums come to?

I can't reasonably explain how pathetic that is. If they kept like fucking 10% of the total supply, we would of have a dynamite coin here.

This is the only thing i dislike about this coin, how hungry and selfish these motherfuckers are. Truly, we've never witnessed something on this magnitude.



Edit:

Did something go horribly wrong with my math, because i can't believe what i'm seeing right now. Or are you all just mindless fucking retards... the more likely scenario is that this is a thread of puppets creating the illusion that there are investments into this garbage.

Punchline: 1 NAGA = 1 USD. LOL!
full member
Activity: 401
Merit: 104
Is there also a bounty campaign running for this project? Didn't find one. The project seems totali amazing, especially if you watch at how much they have raised so far.
legendary
Activity: 938
Merit: 1000
Hello.

I just bought some NGC Coins.

Question: it is written that I must provide my ETH address to receive coins after the sale and must be compatible ERC-20.

I have ETH address in JAXX Wallet. Is this wallet OK or I have to download some other?

Thanks.



Hi,

Jaxx does not support ERC20 tokens. You will be able to send your NGC but you won't be able to manage them.
I recommend to use MyEtherWallet or ImToken  Smiley
legendary
Activity: 938
Merit: 1000
do;t be stupid and buy this coin they keep so many for themselves so they can manipulate the market and dump when the price is high

There are 17.5% allocated for the team and there is a guaranteed free float of 55%.
Not a different setup than most other sales. Also, most of our tokens are locked so there is no way for us to dump.
newbie
Activity: 2
Merit: 0
Hello.

I just bought some NGC Coins.

Question: it is written that I must provide my ETH address to receive coins after the sale and must be compatible ERC-20.

I have ETH address in JAXX Wallet. Is this wallet OK or I have to download some other?

Thanks.

newbie
Activity: 18
Merit: 0
do;t be stupid and buy this coin they keep so many for themselves so they can manipulate the market and dump when the price is high
legendary
Activity: 938
Merit: 1000
Tell me please how many NGC tokens I will receive if I invest 1 ETH now? 440 NGC as a price on start date or about 700 NGC as a price of 1 Etherium now?

We will fix the current rate for 1 hour when you are purchasing. This is the guaranteed rate on which you will receive your NGC.
If it reaches us afterwards, its the current rate of that moment.
full member
Activity: 554
Merit: 110
Tell me please how many NGC tokens I will receive if I invest 1 ETH now? 440 NGC as a price on start date or about 700 NGC as a price of 1 Etherium now?
legendary
Activity: 938
Merit: 1000
hi,

1. http://bitcoinist.com/naga-group-announces-integration-bancor-protocol/
   "... will join the Bancor Network for decentralized liquidity,
        allowing for the instant conversion of Ethereum ERC20 tokens including NGC.  ...""

2. NGC will be listed on 22nd December 2017 (12:00 PM CET)

NAGA token is listed as BNT or NGC?

H,

NGC will be listed as NGC. We are our own token  Smiley
legendary
Activity: 938
Merit: 1000
Your goal is 30M,  still now more than 6m have to rise in less than 3 days. What will be happen if you cann't reach to your goal?Huh?Thanks.

Hi, nothing will change. Our soft-cap of 1,000,000 NGC is reached and our project is already to be considered a success.
The 30,000,000 is just a goal which was set. But we can and will reach our projects anyway  Smiley
legendary
Activity: 938
Merit: 1000
Excuse if this is a silly question. Newbie here. Your hard cap is 220m and total coins are 400m. You will burn unsold coins in this offering, so doe that mean that if you sell 30m coins you burn 190m and the the over all total coins is then 210m (not 400m)? And if so, then there will be 30m coins in public circulation (plus referrals) and  the remainder of 190m-ish is retained for the purposes of the company as shown in your pie chart on you site?

Hi, good question.
Of course we will also burn the team tokens equally.
There will be a guaranteed free-float of 55%.
So let's say we close the sale now at 25m sold NGC - there would be a total amount created of approx 45m NGC.
legendary
Activity: 938
Merit: 1000
When will the NGC token appear on large crypto currency exchangers? I'm just afraid that there may be a temporary deficit.

NGC will be listed on HitBTC on the 22nd December 2017 (12:00 PM CET). HitBTC is already one of the top 10 crypto exchanges.
And there are plans for further ones within the next weeks.
legendary
Activity: 938
Merit: 1000
Good afternoon. Can tokens be bought for any fiat currency or for dollars only?


Hi, they can be bought for any but may be exchanged into one of the fitting currencies.
legendary
Activity: 938
Merit: 1000
Hello. How many additional tokens did the participants of the pre-sale receive?

Hi there, we have offered a bonus of 30% during the pre-sale  Smiley
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