How Nagaya (NGY) Works

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1

Public Coin
Offering

Understand the details and how the funds from PCO of Nagaya (NGY) Coins are being distributed by clicking here.

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2

Initial Gold
Strorage

From the sale of your Nagaya (NGY) coins, a portion will be allocated for purchase of gold. This will be your initial Gold Reserve. More on Nagaya (NGY) Gold Reserve here.

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Projects

From the sale of your Nagaya (NGY) coins, a portion will be allocated to run Subsidiary Projects. More on Nagaya (NGY) projects here.

3

Gold Increment

A portion of profits / proceeds from projects will be used to purchase additional gold in the Nagaya Gold Reserve. Which means, gold backing YOUR Nagaya (NGY) will increase with time!

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4

Rise In
Market Value

As the gold backing your Nagaya (NGY)  increases, Nagaya (NGY) Market Value is also expected to increase concurrently with time.

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Public Coin Offering

Traits

Symbol
Timestamping
Hash Function
Block Time
Total Supply

: NGY

: Proof-of-Work

: Scrypt

: 150 seconds

: 50,000,000 NGY

Funds Distribution

The main portion (50%) of PCO Funds will be allocated for purchasing 999.9 Gold as Nagaya (NGY) Gold Reserve, followed by 32.5% which will be used to finance actual projects and operations of other business units.*

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PCO Fund Distribution Chart*

*Estimated figure when all Nagaya have been sold

PCO Amount

Expected PCO Funds

Gold Reserves

Projects & Operations

Referral Program

System Development

Maintenance

: 45,000,000 NGY

: US$ 71,000,000

: US$ 30,930,000

: US$ 25,000,000

: US$ 8,875,000

: US$ 3,415,000

: US$ 2,780,000