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Topic: [ANN][ICO] The NAGA ICO - SMART CRYPTOCURRENCY FOR STOCK TRADING & GAMING. - page 88. (Read 69330 times)

legendary
Activity: 938
Merit: 1000
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.
legendary
Activity: 938
Merit: 1000
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)
member
Activity: 224
Merit: 10
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?
full member
Activity: 154
Merit: 100


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
sr. member
Activity: 281
Merit: 250
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.
full member
Activity: 434
Merit: 106
There is a HERO in everyone of us!
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.
newbie
Activity: 35
Merit: 0
NAGA is not cheap beside anthers ICO now.
member
Activity: 62
Merit: 10
Good to see that the pre-sales reached 50% so quickly.
I hope this project manages to raise a lot in its ICO period.
full member
Activity: 364
Merit: 100
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?
full member
Activity: 336
Merit: 100
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?
member
Activity: 322
Merit: 10
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!
full member
Activity: 294
Merit: 100
I understand that CYBO is a good advisor, but after all, it can make the wrong decision, can’t it? In this case, will users be compensated at least in part for monetary losses or not?
full member
Activity: 364
Merit: 100
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?
full member
Activity: 336
Merit: 100
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?
member
Activity: 104
Merit: 10
I think The Naga Ico is good.
legendary
Activity: 938
Merit: 1000
A very different view on ICOs:
Inspired by the intense work we’ve been doing with our advisor Miko Matsumara, we would like to shed some light on the actual value of a token / crypto-currency, as well as the ICO space in general.
The ICO itself is by far not the core challenge for most companies.
The value of any token depends on the micro and macro token economy within which the token is used.
Prior to this, an ICO´ing company faces the following challenges:

a)    product development
b)    b) user adoption
c)    c) the ability to attract users to buy tokens - not only once but on an ongoing basis.

And here comes the difficult part: it is a misconception that the ICO stops after the “Initial” part. The offering is rather just the start of an ongoing exercise by the company to attract funds to buy tokens to fuel their token economy.

And here is the problem: because most ICO´d companies invest the majority of their raised funds into the tech development there is only a little amount left for business execution (and user adoption), and, in most cases, hardly any money left to invest into marketing the growth and attractiveness of their token economy.
Any ICO´d company needs to constantly fuel the demand for their tokens – not only during their ICO. The company should ideally have proof of concept on the ability to attract users and generate revenues with their product. This, however, requires the tech development and business execution to work.
if you are running a country you need to make it attractive for tourists and investors to constantly visit and use your currency (your token is a kind of currency -think of “Winter Wonderland” in Hyde Park, London, they have to constantly invest to make and keep it attractive otherwise people will stop buying “tokens” for their GBP).
If you build the infrastructure (tech dev, ICO) and then don’t tell anyone about it, the chances are that your economy is very unlikely to flourish. And it is only if your (token-) economy flourishes that the value of your token will grow.
Any ICO´d company should hence have a marketing centred strategy to grow the value of their token. A perfect example of a great performance in “making one’s ecosystem attractive” is UBER… with billions spent in marketing to ensure user growth, market penetration and share, branding etc.
A token economy (and hence the token value) depend even more on sustainable and strong marketing.
full member
Activity: 1134
Merit: 102
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?

I think Naga project is based on gaming project where they can out source to the companies who need advanced feature in their gaming technology. I think Naga team will help to find those companies with the team they have correct me if I am right?
newbie
Activity: 41
Merit: 0
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?
legendary
Activity: 938
Merit: 1000
Unfortunately the regulations and laws in some countries or territories are not allowing us to accept citizens from this. 
Accepted countries:
Every Nationality, except United States, Singapore, Socialist Republic of Vietnam, People’s Republic of China or resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan, or Cuba. More information in our Terms of Token Sale.
If they do register they do it on their own risk
newbie
Activity: 17
Merit: 0
I hereby confirm that I am older than 18 years, that I am not a citizen of China, the United States of America, Vietnam or Singapore and that I am not a resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan or Cuba.

I see this when I signed up. If I am a citizen of the country upon, so I can't buy right?? Please confirm
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