Nagaya (NGY) is a Gold-backed cryptocurrency with its subsidiary projectssuch as Minerals Ore Processing Facility, Minerals Ore Mining Facilities, Properties, Digital Entertainment, etc which will support the increment on its Gold Reserve.
Nagaya (NGY) is developed by Nagaya Technologies Pte Ltd, a Singapore based company.Unique Entity Number (UEN): 201819783N.
Nagaya (NGY) will be available to trade in internal and external marketplace. Trade or exchange your NGY with other cryptocurrency or fiat money.
By using Nagaya-QT Wallet, you will be able to transfer Peer-to-Peer and create secured and anonymous transaction worldwide.
With increasing amount of Gold Reserves, increasing in trust and its value, Nagaya will gain confident from the market to be use as Method of Payment.
Keep your Nagaya (NGY) as your cryptoassets backed by 999.9 Gold that you can claim anytime by returning your Nagaya (NGY) to company burn address.
Nagaya (NGY) is backed by 999.9 gold, stored in a safe place and regularly audited. Holder of Nagaya (NGY) can use it as collateral to get up to 50% of its backed-up value in cash.
Return your Nagaya (NGY) to company burn address, and you will be able to claim the amount of 999.9 Gold backing up your returned Nagaya (NGY).
All Nagaya (NGY) sold and distributed, will be initially backed up by 999.9 Gold cast bars from LBMA-approved refiners.This means that each Nagaya (NGY) represents the ownership of certain amountof gold stored in the safety deposit boxes of Nagaya (NGY).
Nagaya (NGY) Gold Reserves will be keep secured in an independent ISO 9001 certified vault facility in Singapore called The Safe House SG.
The gold purchased and stored by Nagaya is all certified as LBMA-approved gold.
The gold stored is 100% insured, not only from Fire, Building Collapse, Theft as well as Terrorism Sabotage, but also includes: Full Infidelity Coverage and Full Mysterious Disappearance Coverage.
Nagaya (NGY) Gold Reserves will be audited regularly on Quarterly and Annually basis by Independent Auditors. Quarterly Audits will be performed on a statistically significant random samples of Deposit Boxes. Most comprehensive audit will be performed at the end of each year.
All inventory and audits report will be published online, available and accessible for public to see on this website, once we start storing Nagaya (NGY) gold reserve.
Some part of Nagaya (NGY) PCO Funds will be allocated to fund some prospective projects.Part of the monthly net profit of each project received by Nagaya Technologies Pte Ltd will be converted into Goldand stored as Nagaya (NGY) Gold Reserves, thus increase the amount of Gold Reserves of Nagaya (NGY).
Minerals Ore Processing Plant located in Palu, Central Sulawesi, Indonesia. The Plant can processed multiple types of minerals ore, mainly Gold and Copper.
The Plant initial capacity is 100-200 tonnes of raw material per day or 36,500 – 75,000 tonnes of raw material per year. The fund will be used for equipment rejuvenation, addition of production equipment and increasing plant capacity.
The capacity will be increased gradually to reach 600 tonnes of raw material per day. Estimated funds needed to operate and upgrade the plant is around US$ 6,000,000.
Located in Southeast of Sulawesi, one of Nagaya Technologies Pte Ltd subsidiary company will run the production of 100,000 tonnes/month Nickel ore mining site.
The estimate Nickel ore deposits in the area is around 200,000,000 tonnes or valued around US$ 6,000,000,000 in current market price. Estimate funds needed to start this Nickel production is around US$ 5,000,000.
More projects and mining sites will come, along with the increase in the amount of funds available for projects and operations, originating from Nagaya (NGY) PCO. Nagaya (NGY) plan is to have new prospective projects every year.
We strive to make all things transparent in Nagaya (NGY). This means emphasizing transparency in every management of our subsidized company or project.
Financial reports of each project will be submitted regularly on this website and will be audited by independent auditor at the end of the financial year.
All financial and audit reports will be published online, available and accessible for public to see on this website, once the project has commenced and is in operations.
The PCO Funds will be distributed mostly on purchasing 999.9 Gold as initial Nagaya (NGY) Gold Reserves.Second largest distribution will be on Nagaya (NGY) subsidiary Projects and Business units.
QT Wallet is the software you use to send, receive and store Nagaya (NGY). It's simple to use and you can send Nagaya (NGY) anonymously from your wallet.
All purchased Nagaya (NGY) can be stored in your personal QT Wallet thus guaranteeing your ownership of Nagaya (NGY).
All Nagaya (NGY) stored in private QT Wallet is completely under the control of the QT Wallet owner.