Fundamentals
Our focus is to redefine digital assets through
legality and transparency, in conjunction with our four principles.
> Legality
NAGAYA TECHNOLOGIES PTE LTD is a limited liability company registered in the Republic of Singapore (Registration Number: 201819783N). Nagaya is also currently a member of ACCESS (Association of Crypto Currency Enterprises and Start-ups Singapore) and SFA (Singapore Fintech Association).
As we understand that legalities is the building blocks to establishing trust in this decentralized community, our aim is to provide a proper framework of legalities for our ever-growing community and facilitate proper information pertaining to our legalities to ensure that our coin holders stay well-informed.
Our dedication to legality is ever present not only on this official website but also in our whitepaper so as to establish and upkeep mutual trust and value between our holders and us.
> Transparency
Our main objectives are to build and promote trust in our holders and market through our dedication to ensuring legality and transparency.
Transparency on our gold reserve amount, project ownership status, monthly financial reports of the projects, regular audits on gold reserve, and financial reports of the projects
November 2019: Visit to The Safe House Singapore for the deposit of gold by Mr Yorath Yohannes Tjandra, Prof Jung Heechul, and Nagaya's representatives
Gold Reserve
The intrinsic value of Nagaya (NGY) sold and distributed is supported by 999.9 gold cast bars from LBMA-approved refiners. This means that Nagaya (NGY) itself represents the ownership of a certain amount of gold stored in Nagaya Gold Reserve.
Secure Gold Vault
Nagaya (NGY) Gold Reserve is kept secured in a Class II storage box in The Reserve (previously known as The Safe House), an independent ISO 9001-certified vault facility in Singapore.
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Proven Authenticity & Fully Insured
All gold held in the Nagaya Gold Reserve is LBMA-approved, ensuring its authenticity.
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As assurance to all Nagaya (NGY) holders, the gold is 100% insured, not only from fire, building collapse, theft as well as terrorism sabotage, but also includes the coverage against fidelity and mysterious disappearance.
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Regular Independent Audits
Nagaya Gold Reserves is being audited regularly on quarterly and annually basis by independent auditors.
Quarterly audits will be performed on statistically significant random samples of deposit boxes. A more comprehensive audit will be performed at the end of each year.
All inventory and audit reports will be published online, and made accessible for public to view on our official website. These reports will be updated whenever gold is added to Nagaya Gold Reserve.
Projects
Nagaya (NGY) Projects will be run based on the different PCO Stages (Amount of Nagaya (NGY) sold to the public).
NICKEL
MINING
As the initial project, Nagaya (NGY) will be funding the production of nickel ore from a mining site in Southeast of Sulawes through one of its subsidiary companies, known as Nagaya Mineral Indonesia.
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The total nickel ore deposits in the area are evaluated to be around 9,000,000 tonnes with market value of around
US$ 216,000,000.
Commencement of this nickel mining production will require funds of approximately US$ 2,000,000.
Community
You would have noticed that our Fundamentals are on building trust and value through legality and transparency.
If we are just creating yet another digital asset, we wouldn't be doing what we are doing. We aim to go above and beyond.
Our commitment to you is that we seek to create a digital asset that can be trusted by its users and holders worldwide!
We want you to feel comfortable and proud, holding an asset that isn't just another digital number, it has real value, actual usability, and transparency, something which you could pass on to your children and grandchildren in the future.
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Ways to Engage
Do join our big family of holders worldwide on these channels.
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Telegram
Medium
YouTube
Telegram
X (previously Twitter)
Utility
HODL as Digital Asset
Looking to diversify your portfolio?
Then hold Nagaya (NGY) as your digital asset with long-term value that is supported by the Nagaya Gold Reserve and the running of subsidiary project(s) in the rising industry of resource development
Trade in Marketplace
Nagaya (NGY) will be available for trading in both internal and external marketplaces.
Trade or exchange your Nagaya (NGY) with other cryptocurrencies or fiat money.
Peer-to-Peer Loan
Nagaya (NGY) is backed by gold which is securely stored and regularly audited.
Holders of Nagaya (NGY) can use it as a collateral to get up to 50% of its backed-up value in cash.
Method of Payment
With its value being more stable with a tendency to increase with time, this makes Nagaya (NGY) more reliable to be accepted as a method of payment globally.
Peer-to-Peer Transfer
By using Nagaya-QT Wallet, you will be able to transfer peer-to-peer and create secured and anonymous transactions worldwide.
More to Come
We are constantly looking to innovate and improve the utility of Nagaya (NGY) in the future!