Quote from: tk808 on December 14, 2017, 01:53:29 AM

Token Distribution (https://www.nagaico.com/)

   Pre-Sale - 5%
   Team Tokens - 17.5%
   Referral Program - 5%
   Legal & Advisory - 12.5%
   Main Sale - 50%
   M&A Reserve, Buyback & Options - 10%

Token Sale Target: 30,000,000 NGC
Max. Supply Limit Of Tokens Available For Sale: 220,000,000 NGC

So, Dev Team holds 180 Million NAGA, regardless if 220m tokens sell, it's looking like only 30-35million tokens are going to sell by the end of this ICO.

Seems legit, devs hold 85% of the supply and sell off 15% (30million tokens roughly) AND generate 30million USD in ICO funds. Holy shit! The greediest nastiest ICO I've ever seen. Not only did they false market to you retards by claiming they are only keeping 45% of the supply, but it turns out they always planned on keeping at least 80-85% of the total supply! This makes the premine hold larger than any airdrop ever created on BTT, or any airdrop that's even ongoing, and that's on airdrop territory.

And FYI, this is discounting the extra 5% for the referrals, which they have no mention on what they are going to do with those extras. Despite all that, just look at those fucking numbers above. I thought ICO was supposed to take care of all those expenses, when did ICO's start triple fucking dipping into profits? What the fuck has these forums come to?

I can't reasonably explain how pathetic that is. If they kept like fucking 10% of the total supply, we would of have a dynamite coin here.

This is the only thing i dislike about this coin, how hungry and selfish these motherfuckers are. Truly, we've never witnessed something on this magnitude.

Edit:

Did something go horribly wrong with my math, because i can't believe what i'm seeing right now. Or are you all just mindless fucking retards... the more likely scenario is that this is a thread of puppets creating the illusion that there are investments into this garbage.

Punchline: 1 NAGA = 1 USD. LOL!

We do not hold 180 Million NGC regardless if all are sold or note. As mentioned a few times, there will be a guaranteed free float of 55%. So let's say we close the sale at 30m, there would be roughly 55 Million NGC in total of which the team holds around 9 Million, with most of them locked anyway.
Rest of the 45% are going into legal & advisory, M&A Reserve, Buyback and options. So everything is calculated and planned into the last detail to make this project as successful as possible.