The NAGA Token Sale, which was backed by the German FinTech company The NAGA Group AG, concluded last week, successfully raising over $50 million USD.
The NAGA Token Sale came to its conclusion last week and the final numbers are in. Thanks to the 63,000+ backers who participated in the token sale, more than 50 million USD was raised, shattering the project’s original target goal of 30 million USD.
The project was advised by renowned blockchain experts such as Roger Ver (Founder & CEO Bitcoin.com), Mate Tokay (COO Bitcoin.com), Miko Matsumura (Limited Partner Pantera Capital), and Guy Ben-Artzi (Co-Founder Bancor).
The community interest and support for it was tremendous. The number of active users in the project’s popular Telegram channel grew to more than 11,600 members and over 42,000 followers, fans, subscribers, and readers were attracted across all social media platforms.
Now that the token sale has ended, The Group are preparing to distribute participants’ tokens and get everything ready for the debut of NAGA’s NGC token launch on the HitBTC exchange on December 22, 2017, at 12:00 PM CET.
In addition, the team are hard at work finishing the development and testing of the NAGA wallet, which is scheduled to launch in April 2018. Other important upcoming milestones include:
The Token Sale was backed by The NAGA Group, which is a publicly listed, EU-regulated German Fintech company with trading platforms for financial markets and virtual goods. After launching one of Germany’s fastest IPOs in the last fifteen years, The Group was listed on the Frankfurt Stock Exchange on July 10, 2017. Since then, the company’s share price has gone up by nearly 500%. They have a market cap of more than 200 million Euros, millions in reported revenues, and over $4 billion in trading volume every month.
The Group is a growth-driven international FinTech company with an accomplished team of more than 120 people. They hold various EU financial licenses, including an asset management license, and are backed by one of China’s largest private investment conglomerates, FOSUN. They are further supported and backed by other prestigious investors, institutions, and advisors, including Hauck & Aufhäuser, one of the oldest private banks in Germany.
Company name: NAGA
Company site: https://www.nagaico.com
The cryptocurrency market is booming right now, especially with Bitcoin’s latest growth. Though, most people find investing either too complex and/or are afraid to take the first step in their cryptocurrency investing journey,Coinseed is the easiest way through it.
Coinseed makes it easier for everyone to start investing in cryptocurrencies. A user can simply collect their spare change to invest or he/she can be more active by controlling their portfolio day to day. The platform ranks the users’ portfolios by their returns. Any user can replicate another user’s portfolio with just a click of a button.
As we launched our iOS and Android app on November 21, 2017, we had a tremendous growth without any paid marketing. We already hit our banking deposit limit only within the first 2 weeks of our launch. To manage this massive growth, we reduced our daily deposit limit for our users several times. Thus, in order to scale our platform in the US and globally, we are launching an ICO pre-sale.
We rank all users’ portfolios by their returns and our users can copy the best performing portfolios from each other. When a Coinseed user converts their current portfolio to another portfolio that they like, there is a 1% fee on the total asset that is being converted. Coinseed will distribute 50% of this revenue to the CSD token holders every month.
It will issue 5,000,000 CSD tokens to participants through the token sale (1,500,000 CSD tokens for the pre-sale) which is 50% of the total supply of 10,000,000 CSD tokens. Join the pre-sale to receive up to 35% bonus on your CSD token purchase!
Whitelist your Ethereum address and get 35% discount.
All investors who have enrolled in the WhiteList will be able to purchase a specified amount of CSDs via Ethereum during 24 hours before the main sale here. All accepted whitelist members will get a 35% bonus.
Institutional investors and for more information please contact as at the website.
iOS app – Available in the US
Android app – Available in the US
Let’s grow together 🙂
Company name: Coinseed Inc.
Company site: www.coinseed.co
What makes Lendoit unique is it gives loans without the use of tokens are collaterals. Another reason is that it uses syndicated loans and third-party verification. Here, interest is determined by a smart contract auction and it uses smart compensation funds.
Forty Seven Bank is a finance project built to create a modern universal bank both for users of cryptocurrencies and the users of the traditional monetary system. Built by a team of banking, finance, and IT experts, they will work to accomplish all their project goals of a healthy financial unit and handling transactions.
Ethereum has been the second leading currency aiming to overtake Bitcoin as the dominant leader of the year. Between the 20-day EMA and $760, we are likely to witness a volatile range-bound trading action. Hence, it is suggested to wait until we get a clear confirmation of the resumption of the uptrend.
You may want to know how you can contribute towards Cointed, here’s it! All you need to do is initially get an Ethereum wallet. Then acquire Ethereum via this wallet. Trade and send these ETH you own and get CTD tokens in return. The platform helps decrease risk and cost.
Ethereum price is slowly moving higher against the US Dollar and Bitcoin. ETH prices against USD might continue to rise towards the next major resistance at 750 USD. Whereas, Bitcoin prices have been wide-ranging over the past week after a strong pullback. Let’s see what this New Year has for them.
Forty Seven bank aims to provide traditional and digital financial products. It works with the principals of transparency, financial stability, innovativeness and customer satisfaction and profit for all stakeholders, security and privacy, effectiveness and user-friendly procedures.
Altcoin Alerts, as the name suggests is a platform where any interested participant of the crypto-world can get himself familiar with everything and anything happening with cryptocurrencies be it a new token sale or price analysis of a particular digital currency, Bitcoin and Ethereum news and ICO related press releases