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After the Fastest German IPO in 15 Years, Leading FinTech Group Enters the Blockchain

NAGA is a dedicated team with a proven track record that aims to bring highly disruptive concepts to the outdated financial sector through simplicity, transparency, and usability.

NAGA: One of Germany’s Most Promising FinTech Firms

They have already had the fastest German IPO in the last 15 years, and are one of Europe’s fastest growing FinTech firms. The group has been backed by prestigious shareholders, including the Chinese FOSUN Group, and Hauck & Aufhaeuser - one of Europe’s oldest banks that was founded in 1796.

NAGA operates 6 offices in 5 different countries and has a market capitalization of more than €230M Euros. The company specializes in building mobile and web-applications for the capitalization markets and gaming sector and is now working on developing cutting-edge blockchain-based solutions.

In July 2017, NAGA was listed on the Frankfurt Stock Exchange. In less than 3 months, their share price skyrocketed by over 400%.

NAGA is currently working on several different projects, including a social network for stock traders, a virtual item exchange platform, a currency exchange app, and a trading application.

SwipeStox - the Social Network for Stock Traders

Since inception in early 2015, the SwipeStox trading platform has been utilized by hundreds of thousands of registered users, and today facilitates over 200,000 transactions each month, with a total of more than $4 billion USD transacted per month.

SwipeStox was designed by the NAGA group with the aim of bringing the advantages of financial technology to the masses through the first blockchain-based ecosystem for decentralized trading, investing, and education in financial markets.

It can be thought of as the “Facebook for stock trading” - combining the features of social networks (such as chat, video, and following features) with a robust trading platform.

Switex - the Virtual Item Exchange Platform

Switex has been designed to provide gamers all around the world with a platform for safe, transparent blockchain-based trading, and will be the first platform in the world for trading virtual objects in online gaming.

The Switex blockchain is part of the ecosystem that stores the signing of virtual goods and all transactions.

NAGA is the First Publicly Traded Company to Follow up a Successful IPO with a Token Sale

After a hugely successful IPO, NAGA has confirmed its vision to establish a single decentralized cryptocurrency to allow their users to invest and trade securely over all of their platforms.

The token will be called “Naga Coin” (NGC). It is a standard ERC20 token based on the Ethereum blockchain and will serve as a utility token for the SwipeStox social trading application. Users can store these tokens in their NAGA WALLET.

The NAGA WALLET brings Switex and SwipeStox together. It will be connected to leading crypto exchanges and will allow users to trade FIAT money or other cryptocurrencies (such as Ethereum and Bitcoin) into NGC. NGC will serve as the base currency and will enable users to profit from advantages such as lower trading commissions and access to special platform features.

The project is a massive step forward in enabling gamers to turn their passion into a wealth generating hobby - a dream come true for many millennials.

NAGA’s pre-token sale will begin on November 20th and run until November 27th, during which they will offer a bonus of 30% to early investors. The main sale will run from 1st December to 15th December. It will be one of the world’s first token sales by a fully regulated and listed company. They aim to raise $220M by selling 220M tokens to the community.

The Future of NAGA

NAGA plans to maintain their tight focus on the development of technology to greatly enhance the user experience, simplicity, peer-to-peer features and transparency to ensure their ecosystem for financial markets and virtual goods retains the #1 spot for trading and investing.

Their next goal is to connect as many game publishers and financial institutions into their open API-ecosystem as possible.

As blockchain technology continues to alter the business landscape and create more efficiencies, NAGA aims to use their upcoming NGC token to create a more secure, unified economy that makes trading within the gaming sector transparent and safer than ever before.

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