Pages:
Author

Topic: [ANN][ICO] The NAGA ICO - SMART CRYPTOCURRENCY FOR STOCK TRADING & GAMING. - page 86. (Read 69335 times)

member
Activity: 322
Merit: 10
Hello. What data will I need to provide in order to undergo the verification procedure?
full member
Activity: 336
Merit: 100
Hello. As far as I understand , SwipeStox won’t be connected with specific banks or third-party companies. What are the advantages of this approach?

First, you can keep information about your income anonymous, and secondly, no one charges additional commissions.
If there are no commissions, then who pays for the technical support of the platform and its functioning? What do developers say about this?
full member
Activity: 294
Merit: 100
Hello. As far as I understand , SwipeStox won’t be connected with specific banks or third-party companies. What are the advantages of this approach?

First, you can keep information about your income anonymous, and secondly, no one charges additional commissions.
full member
Activity: 336
Merit: 100
Hello. As far as I understand , SwipeStox won’t be connected with specific banks or third-party companies. What are the advantages of this approach?
member
Activity: 238
Merit: 10
Good afternoon. Tell me please, what protection mechanisms will be implemented in your platform?
The use of encryption technology and multi-signature is officially announced, so everything is very reliable.
Thank you for your reply. Do you happen to know if double authentication will be implemented? As for me, it’s one of the best solutions in the field of cybersecurity.
member
Activity: 238
Merit: 10
Good afternoon. Tell me please, what protection mechanisms will be implemented in your platform?
The use of encryption technology and multi-signature is officially announced, so everything is very reliable.
member
Activity: 205
Merit: 10
Good afternoon. As far as I understand, your training courses for trading will operate dye to contributions to the NAGA Donation Fund. Does it mean that each user will be obliged to contribute a part of their tokens for its development monthly?
member
Activity: 238
Merit: 10
Good afternoon. Tell me please, what protection mechanisms will be implemented in your platform?
member
Activity: 196
Merit: 41
NAGA coin feichangbang project in the current ICO background and environment, it can still be successful, is worth a look back, read on it again for everyone throughout the white paper investment advice Wink Smiley
full member
Activity: 1134
Merit: 102
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?


Till now I didn't hear about the switex coin and what are the manor benefits behind it. Seems to be very interesting for gaming technology, whether after ICO they will develop a default codes for gaming technology.
hero member
Activity: 815
Merit: 502
Where can i see the details about the virtual goods?
Do you cover steam game like dota 2?
newbie
Activity: 4
Merit: 0
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?
copper member
Activity: 247
Merit: 12
decentralize money
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 Sad
How is your card gonna be different?
sr. member
Activity: 647
Merit: 274
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 !!
newbie
Activity: 48
Merit: 0
I was here ...
I would like to be IB for my country .
full member
Activity: 252
Merit: 100
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?
member
Activity: 210
Merit: 10
Is your debit card linked to a wallet or can it be used offline?
full member
Activity: 252
Merit: 100
Is it possible to exchange currency within your wallet? If so, is an additional fee charged for the exchange?
member
Activity: 378
Merit: 10
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?
newbie
Activity: 55
Merit: 0
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?

Pages:
Jump to: