Points in Time
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Overview of NAGA
The NGC token is native to the platform and allows users to pay fees, act as collateral and is the base currency enabling the company's sustainable economy to increase due to the increase in demand in the ecosystem.
NGC is also the driving force of the whole NAGA Coin Ecosystem. Aside from transactional purposes, NGC allows users to receive cashback, prevent double crediting of copy bonuses and to lower trading fees. This is aside from allowing discount purchase of Ad credits for Switex and NAGA Trader Ad manager.
NGC is built on the Ethereum blockchain and thanks to the blockchain capabilities, the platform is secure and anonymous. By this, it means users' name is not directly related to the users' wallet hence they can use NGC anonymously. NGC is ERC20 compliant with smart contracting capabilities. NGC has a total supply of 77M NGC and over 57M in total circulation, the tokens that were not purchased were burnt.