#ngkblockchain

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What is the algorithm of NGK.IO Blockchain? #ngk #NGKblockchain #ngkio https://www.instagram.com/p/CFRO0lgA1Q8/?igshid=1llfyv7k7g2bd

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When will NGK Global Turns on their public offering?

NGK Global's has become outstanding in recent in the community. People are constantly discussing it. One of the most concern is whether and when does NGK Global open a global public offering as this is a key to grab seat in the global market.

Actually, people who knows something about the NGK Global white paper will definitely know that the NGK project doesn't have a global public offering stage at all. As we all know, during the previous period of lack of regulation, many air coin projects were abused or misapplied the form of ICO and it has been banned in the end.

The ICO has its rationality with some disadvantage for example it is very weak in identifying air coins. NGK Global is now firmly rejects this way in term to protect the enthusiasm in the eco-community and using Bitcoin-like computational mining system to o increase the threshold for mining and enhance the value of NGK.  

It is worth noting that NGK Global implemented the issuance of STO prior to the introduction of arithmetic mining.

The founding company, USA International Union INC, used its corporate equity stake as a background in the STO issue, issued STO applications for digital currency, and obtained STO digital financing certificates issued by trusts and the SEC.

NGK has fundamentally eliminated the existence of air coins from the beginning but in fact it has been back-up by a real corporate equity.

 NGK Global's computational power mining is similar to Bitcoin mining because it required to have NGK arithmetic before obtaining NGK which is the only means of producing NGK. This happens the same be like grabbing bitcoins with a mining machine, with capital barriers to obtain NGK Global's native token.

This further enhances the primary value of the NGK. It’s an obvious deflationary token, constantly set at 100billion pieces on the system without any increment and releasing about 15% per year, i.e. 150million pieces per year.

NGK is also applied for in-ecological transfer certificates, smart contracts, transaction fees, etc. are carried out by spending NGK. The system also spends a portion of its annual profits on buybacks of NGKs all of which greatly increase the grade and speed of NGK deflation.

NGK Global's development team mentioned that the reason why NGK should have deflation is because NGK representing the value of the whole project and ecology, and its rise is inevitable. This is a result of NGK Global's ecological and global development.  

NGK Global will be launching the project officially in this October for the peak while NGK Global's world premiere ceremony and the global ecological community will be launched simultaneously.

Most importantly, NGK's secondary market trading program has been listed in the agenda, with conservative estimates of 10 to 50 exchange platforms world widely. The team revealed that the secondary market trading price will be relatively low due to low submissions of market expectations and trading volume, which also means that NGK will have a lot of room for subsequent rise.

 Stay tuned if anyone being able to grab the golden chance ahead of time. We will continue to keep an eye on the project as it officially launches in this coming October.

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NGK forward looking project London roadshow held smoothly

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USDN stablecoin application blockchain tourism industry

Bitcoin is the iconic product of the blockchain 1.0 era, and stablecoins are the iconic product of the blockchain 2.0 era. After USDT, the originator of stablecoins, broke the "super-issue" news, it caused market turmoil, and then new stablecoins sprung up like bamboo shoots. According to incomplete Tongji, the current number of stablecoins in the global market has reached more than 60, of which a small half are in a normal and stable state of circulation, and the others have encountered various challenges in their development.

As an algorithmic stable currency, USDN was born under the premise of abandoning the previous insufficient stable currency. The establishment of smart contract technology based on the public chain is also an inevitable result of the development of the blockchain. As a stable currency, we must first maintain multi-dimensional stability. USDN 1:1 anchors the value of the US dollar, which means that users and partners in different regions can have more value choices and can extend more new businesses. Pattern comes.

As a rising star, USDN's price stability can resolve the contradiction between the trust demand of on-chain transactions and asset fluctuations, and the purchase process is more convenient, and a better user experience will inevitably lead to a substantial increase in conversion rate. Only with better services and greater transparency can we better serve users and industries and strengthen the trust relationship between the two parties. Furthermore, USDN can be used for digital asset investment, and there are many application scenarios. For example, it is applied to blockchain tourism as a good case, which also reflects the rapid progress in landing projects. This also shows from the side that USDN has found its own pace on the stable currency track.

In addition, due to the super-high performance of NGK public chain, USDN has greatly improved efficiency and reduced costs in cross-border bank settlement, hotel order confirmation and other fields. Moreover, through smart contract automatic transactions on the chain, trust is established between the two parties; the peer-to-peer transaction model allows consumers to directly contact merchants without the need for intermediary service providers, the price is leveled, the efficiency is higher, and a win-win situation is formed.

There is nothing in this world that can prevent efficiency from becoming higher, and there is nothing that can prevent commercial costs from becoming lower. This is also the development concept at the beginning of USDN.

It is not easy for USDN to find a new path among many stablecoins. USDT is still at the top of the trading volume list. USDN needs more attempts to break out of the track.

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Who is NGK project sponsor? NGK project introduction NGK project company (Wang)

A good project sponsor should have an international perspective, so as to help the project to achieve internationalization, and a good project side will not only bring funds for the project, but also bring excellent talents and technology. The most important point is that for users, the project has a real source, so that users have predictability, only a clear planning and operation model can make the project go longer.

NGK project sponsor USA International Covenant INC is such an international investment institution. As an established investment institution with more than ten years of development, USA International Covenant INC has rich experience in investment, management and operation.

Founded in 2009, with its headquarters in San Francisco, it is a global investment institution. The head of USA International Covenant INC TYLER ADAMS has a rich network of resources and diplomatic skills in the financial investment community, and has a strong intuition in investment. Under his leadership, USA International Covenant INC's investment has developed and expanded rapidly, with operation centers in New York, London, Paris, Taiwan and Hong Kong. As a deep-tillage investment, outstanding performance of the old investment institutions, USA International Covenant INC won a high reputation in the investment community.

At the beginning, the focus of USA International Covenant INC was those neglected small and medium-sized enterprises. With the expansion of the company, the investment vision of USA International Covenant INC innovative technology, new finance and so on. In 2018, USA International Covenant INC acquired Spirit Stone team, Spirit Stone team stone Silicon Valley's top technical team, while Silicon Valley as the cradle of block chain innovation, but also leading the global block chain industry development.

Against the background of global block chain development, USA International Covenant INC has launched a common public chain project, namely NGK project, with the primary goal of supporting token economy. According to the preliminary plan of the R & D team, the first step is to build the basic public chain, the second step is to introduce the public chain into the commercial system, and to construct the commercial system of honesty and decentralization, activate the upstream and downstream of the industrial chain.

USA International Covenant INC, as the issuer of NGK, is in the same project, and the comprehensive interests of all parties have a common foundation. The relationship between USA International Covenant INC and NGK can be described as prosperous. USA International Covenant INC not only brought strong funds for NGK project, but also injected talents and technology into the projects. At the same time, the management and operation experience of USA International Covenant INC is also of great help to NGK ambitions.

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Is NGK suitable for long-term investment?

The development of blockchain to the present stage still has a lot of constraints, such as "congested", "slow" and other issues. It is generally accepted that ETH's smart contract builds a basic chain that allows us to develop applications on the chain. with ETH this base chain, so do we still need blockchain 3.0? In fact, many applications based on ethernet have not yet landed, ETH has massive problems. From the game of "keep a cat", congestion has become a growing problem in the eyes, and even many people joke that "my cat is still on the way to childbirth". Not just congestion, but the speed of 30 transactions per second is simply not keeping up with large-scale commercial applications, thus we urgently need a faster, stronger, more stable underlying facility.

Against this background, NGK blockchain is generated. NGK is targeted at 3.0 application blockchain, aiming at large-scale commercial applications. NGK is a general blockchain programming platform based on C++ as the main programming language, which uses virtual machine and supports STL development library technology. A decentralized distributed blockchain operating system IPFS top distributed storage is adopted. With built-in Turing complete programming language, users can develop their own applications and blockchain systems and issue their own currency.

As a new generation of blockchain, NGK has the following advantages:

NGK adopts the DPOSS consensus mechanism in an innovative way, which is faster than the Ethernet Square's 30 transactions per second, NGK can be measured to reach 5000 transactions, from Ethernet Square to NGK, from walking to running, not only that, NGK rely on graphene technology and parallel chain to expand the network, the future may achieve millions of transactions per second. A high volume of trading is bound to take on thousands of commercial DAPP.

In addition to fast speed, this consensus algorithm eliminates the possibility of hard bifurcation. The DAPP of a merchant operating on a NGK is based on a base chain that does not split hard. Business can completely according to their own development needs to update their own DAPP, this is the premise of the business to choose the basic blockchain.

As the same the blockchain, NGK achieves model innovation. On the NGK platform, the developer owns the NGK tokens and has the ownership of the network. As long as holding NGK tokens, you can get the network bandwidth that the token deserves, and in the process of trading, it consumes renewable resources that are exchanged by NGK tokens. Because it is the ownership mode, the network will not generate transaction costs, in addition to the cost of buying NGK, developers do not need to pay other costs, once and for all.

The NGK architecture can support a variety of programming languages at the same time. NGK, many ready-made modules, such as role-based privilege management, WEB toolkit for interface development, self-description interface, self-description database system and so on, can be widely introduced to ensure the security and stability of DAPP while improving the programming efficiency of developers.

The initial issuance of two tokens NGK the blockchain, the original token and the stablecoin USDN. NGK is the original token of the blockchain, which gives the currency its own value through the STO and will be used as fuel in the NGK.IO blockchain to cover the transaction costs of all tokens in the blockchain and to establish eligibility rights for other tokens. USDN is an algorithmic stablecoin, which strengthens the management of currency price in smart contract algorithm. at the same time USDN it will be initially applied to multiple enterprises, break down international transaction barriers, and let businesses and enterprises in various fields join the ranks of USDN application, thus achieving high-speed, efficient, low-cost payment.

Besides, NGK is developed by top development teams, supported by international investment agencies, and rich in industry resources, global media resources support, which is approved by the Securities and Exchange Commission compliance audit project.

Technically, NGK solves the problems of low performance and congestion of traditional blockchain, the speed and safety stability of operating system is higher than that of any other basic blockchain project at present, and it is a commercial blockchain that can really support a large number of DAPP. From the model point of view, NGK adopted a more humane business model, can quickly attract massive user developers and users. At the same time, NGK has an extremely strong technical team and investors, is very likely to dominate in the future, so it is a project worth long-run investment.

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Masterboxan INC： Britain's PMI is stable at the bottom, yet economic growth remains weak

Recently, in Masterboxan INC global economic report, Masterboxan INC said: the bottom of the PMI has stabilized, but the economic growth momentum is still insufficient, although the Bank of England may adopt negative interest rate policy, but the probability is lower.

 Masterboxan INC said the UK's manufacturing PMI and services PMI stabilized at the bottom and rebounded in May, outperforming expectations, after a record low in manufacturing and services in April. However, Masterboxan INC believe that the prospects for the long-term recovery of the UK economy remain uncertain, and uncertainty about the prospects for recovery and employment means that demand for many products (especially non-essential high-priced products) may remain weak in the coming months. Uncertainty about Brexit has also cast a shadow on the economy, which is recovering slowly. As for the possibility of the Bank of England adopting a negative interest rate policy in the second quarter, Masterboxan INC believe that the UK will strengthen quantitative easing to promote the gradual recovery of the UK economy, but the use of negative interest rates will have a great impact on the existing financial system and the economy. Therefore, the possibility of using negative interest rates in the UK is relatively low.

The Masterboxan INC also adopted a shorting plan for the pound, Masterboxan INC founder and chief analyst BARRY JAKE said: "The current market is different from when gold prices rise and real yields fall. The rebound in the stock market also shows the real situation. I think it's a good chance to short the pound.”

As of now, the net worth of Masterboxan INC's hedge funds has nearly tripled in the first half, with a maximum withdrawal rate of 3.35%. Other asset management services, including securities, investment management and wealth management, also recorded excellent results. BARRY JAKE, the founder of the Masterboxan INC, says there is still discussion within the company about access to commodities and bitcoin, but that requires scrutiny and verification.

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Datahero inc announced the establishment of a division in Korea

Datahero inc announced on July 22nd that it would establish a division in South Korea and open up Asian markets based on South Korea. The main business in Asia is temporarily in the direction of blockchain games, and the plan will also expand to supply chain, finance and other areas in the future.

 Headquartered in California, the Datahero inc has been working on blockchain technology since its establishment in 2014 to promote digital economy construction. In addition to the early main blockchain supply chain system services, the follow-up Datahero inc entered the chain game market again, in March 2017 developed the popular blockchain game — the Fanchain Dog, after the success, the pet dog also received a heated response to the market.

A decision to establish the company's division in Korea in this Datahero inc is a direct reflection of the company's upcoming further advance in the chain tour market. As a world-wide high-quality game market, South Korea has exported many high-quality game works in the traditional game industry, and after the emergence of blockchain technology, South Korea has also emerged a lot of high-quality developers to bring new high-quality games to the market. Practitioners are committed to breaking the gap between the traditional game industry and blockchain technology, creating a truly popular, popularized blockchain game Dapp. Based on the Korea Division, the Datahero inc takes the talent as the base point, with its own rich blockchain technology and chain game market experience, brings the real change level blockchain game to the users.

 At the market side, Datahero inc will also start from the Korean market in-depth cultivation, gradually radiation to Japan, Russia and other countries, for its chain tour to bring more perfect, better quality player ecology. Prior to that, Datahero inc announced that it would start developing last year's planned MMORPG game this year, and that the game would run on a blockchain network, Datahero inc founder CURTIS SAVANAH made clear that South Korea would be one of the key development markets for the MMORPG game.

Blockchain game is an unstoppable trend in the development of the industry, Datahero inc adopts its own advantages in the industry to gather talent to power the national market, as to the final performance, let’s look forward together.