SwipeStox Creators The NAGA Group Absolutely Crushing It With Their Token Pre-Sale
FinTech company and SwipeStox creators The NAGA Group have closed an extremely successful token pre-sale raising over 15.5 million USD in a week. A huge thanks to all of the backers. STAY TUNED FOR THE MAIN-SALE.
NAGA Token Pre-Sale Shows Strong Performance
NAGA’s token pre-sale began on November 20, 2017, and has ended on November 27, 2017. The pre-sale’s performance has been pretty impressive. Having passed its soft cap of $1 million within ten minutes of launch, the token pre-sale has sold over 80% of its stated hard cap of 20 million tokens.
NAGA’s token pre-sale has raised over $15.5 million USD and sold over 18.5 million NGC tokens. More than 15,500 investors have participated in the pre-sale so far and taken advantage of the 30% token bonus being offered exclusively during the pre-sale.
The NAGA Group are no strangers to success. Listed on the Frankfurt Stock Exchange in July 2017, NAGA’s IPO was the fastest performing German public offering in the past 15 years. Since their debut as a publicly traded company, NAGA’s share price rose from €2.60 to an all-time-high of 22.80€ before settling into the €12.50 – €14.50 range – an increase of over 400%.
NAGA is already leaps and bounds ahead of most ICO projects in that they already have a working product. Their flagship product, SwipeStox, is a social trading app that combines the most sought after social media features with a robust, easy to use trading platform. Launched in 2016, the app has been downloaded more than 300,000 times, generates millions of dollars in annual revenues, and has a total trade volume of over $49 billion to date.
Another exciting product being developed by NAGA, currently in alpha, is Switex, the first independent marketplace for virtual goods. Although the app’s primary focus is the buying and selling of in-game video game assets, other virtual goods – like event e-tickets - can be bought and sold on the platform as well.
Backed by Some of the Biggest Names in the Crypto Community
The NAGA Group’s success has garnered the attention of some of the biggest names in the cryptocurrency community. “Bitcoin Je