How Nagaya (NGY) Works
1
Public Coin
Offering
Understand the details and how the funds from PCO of Nagaya (NGY) Coins are being distributed by clicking here.
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.
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!
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