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  • Writer's pictureNagaya Technologies

6 million NGY Sold!

It is with great pleasure to announce that more than 6 million NGY have been sold as of 13 August 2023.

In accordance with our prior statement made pertaining to reaching this target, we will be commencing the planning of our second business project, which will be known as ‘Project 02’, thereafter.

We will begin the stage of evaluating and nominating the best mining site out of a few locations available, that can fulfill our business needs. We estimate this selection process to be concluded after 1 to 2 months from now and more details will be shared then.

Following the finalization of the site location, preparations will be made to commence the mining operations. As the conditions of the various mining sites vary, our prediction for the availability of benefit-sharing from ‘Project 02’ will require a period of 4 to 6 months after its official running.

Please be reminded that all the time factors mentioned are based on estimation to the best of our ability and discernment and may be subject to change depending on all the possible and unforeseen conditions which may affect the progress of the processes. To allow the optimization of the site operations, we hereby seek your understanding that we may require a longer time than stated.

Taking this opportunity, we would like to extend our appreciation to all NGY HODLers and look forward to your continued support.

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