@tk808 - I believe you misunderstood the concept.
@DudeLion420 - I am sure you are correct.
Once the ICO sale ends, the total number of NGCs sold will be the free float i.e. 55% which means that the TOTAL NGCs that will be generated will be equal to NGCs sold @ico (55%) + team holding (45%) and that this number will not cross the 400 mil HARDCAP.
Suppose NGCs sold during ico is ~33 million(55%) then the team's holding amount would be equal to 27 million(45%), so the TOTAL NGC in existence will be 33+27 = 60 million.
Hope this clears it.
Also check this link http://help.nagaico.com/coin/will-more-assets-be-added-over-time-in-naga
P.S. I am new to crypto-currency, started investing recently only.
My picks Iota, Ripple, SpectreCoin(XSPEC), Cashaa, DreamTeam, NAGACoin,LH-Crypto. Total amount ~1800 $
hope I'll be getting to moon soon (months/years)
@DudeLion420 - I am sure you are correct.
Once the ICO sale ends, the total number of NGCs sold will be the free float i.e. 55% which means that the TOTAL NGCs that will be generated will be equal to NGCs sold @ico (55%) + team holding (45%) and that this number will not cross the 400 mil HARDCAP.
Suppose NGCs sold during ico is ~33 million(55%) then the team's holding amount would be equal to 27 million(45%), so the TOTAL NGC in existence will be 33+27 = 60 million.
Hope this clears it.
Also check this link http://help.nagaico.com/coin/will-more-assets-be-added-over-time-in-naga
P.S. I am new to crypto-currency, started investing recently only.
My picks Iota, Ripple, SpectreCoin(XSPEC), Cashaa, DreamTeam, NAGACoin,LH-Crypto. Total amount ~1800 $
hope I'll be getting to moon soon (months/years)