Application value of NGK and USDN
The development direction of NGK and USDN
At present, the block chain will develop in two directions. The first is financial economic derivatives, the second is commercial applications, a fast-paying currency system, and the NGK.IO block chain is a commercial based on distributed application design. The financial blockchain operating system promotes the consensus of the network through the incentive of digital currency. The NGK.IO block chain deploys two kinds of token smart contracts and implements applications in different fields through a decentralized mechanism. NGK serves as the block chain’s native token , With financial characteristics, will be used as a representative of the digital economic equity certificate to create a digital financial system. The financial characteristics are to promote economic circulation, so NGK has a higher transaction and turnover rate, then NGK as a virtual digital currency through STO equity Distribution, better passed the traditional economy to promote the circulation of the digital economy.
USDN is the value reserve and transaction medium of the block chain. It is not only used in the main network, but also has greater commercial value and circulation value. USDN has better stability, and the characteristics of currency make USDN universal in the world. Just like the central bank systems of various countries, the value of currency inflation and international exchange rate differences are anchored behind the US dollar. As a digital currency, USDN has the same direction in the industry. In the early stage, USDN will have certain purchasing power. Users can You can use USDN to buy certain commodities, and you can also use USDN to buy different digital financial products. If digital currency can replace fiat currency, then people will not use bitcoin to buy pizza in the future, but a universal currency with stable performance like USDN .
The value of NGK and USDN
Self-operated value: NGK is the native token of the block chain, which has been given its own value through STO, and will be used as fuel on the NGK.IO block chain to pay for all token transaction fees on the block chain and establish other common governance NGK has surpassed the virtual level of digital assets, and has become a representative masterpiece of the implementation of the blockchain 3.0 governance economy.
Transaction value: The NGK digital gain platform has a built-in trading system, and the two tokens can be exchanged for value. During the community development stage, the platform supports multiple token currency transactions. Both NGK and USDN can have purchasing power on the platform , The platform will open a variety of DAPP applications, users can use tokens to purchase commodities, and can accelerate the circulation of the DAPP industry.
Capital value: USDN is an algorithmic stable currency, which strengthens the management of currency prices on smart contract algorithms. USDN, as a fund reserve for the NGK.IO block chain, can be used to support the role of NGK tokens, NGK.IO block chain The construction gives USDN a good springboard. The circulation of the eight major sectors is undoubtedly a blessing of capital. USDN will create a closed business loop with various enterprises.
Supply and demand value: The largest supply and demand market comes from exchanges. In the future, NGK and USDN will be launched to more exchanges, and exchange pairs with various mainstream currencies to achieve value exchange. At the same time, NGK will enter the sales contract as a value-added token. The transaction depth of the NGK token market will be given, and USDN will be used as a savings token in the currency transaction as a transaction medium.
Industrial circulation value: USDN will be initially applied to multiple companies, breaking the barriers of international transactions, which means that the payment of USDN digital currency will solve the drawbacks of traditional foreign exchange, allowing businesses and enterprises in various fields to join the use of USDN. Realize high-speed, efficient and low-cost payment methods.
Application of NGK and USDN
The APP has a built-in shopping mall system. NGK and USDN can purchase wine, clothing, shoes, hats, and health care products produced in the eight major sectors in the shopping mall system within the NGK Tongzheng Chain platform. These products are independent brands of different companies and come from multiple In the country, users can freely choose and pay through digital currency, and the mall will have more products to choose from.
Contract trading is a digital financial derivative. Users can choose to buy long or sell short contracts to obtain the gains in digital currency price increases. The NGK digital gain APP platform has opened second contract trading, and judges the increase by K-line value. You can participate in the second contract transaction through NGK and USDN. Currently, the Lightning contract supports contracts with 15 seconds and 30 seconds and 1 minute for delivery.
Users can conduct currency transactions through the APP’s built-in trading system. In the trading market, NGK and USDN can be entrusted to trade. Buyers can entrust purchase orders/purchase orders, sellers can entrust sales orders/sales orders, and users can entrust themselves The NGK and USDN held are exchanged for purchase and sale, and the platform will facilitate the order according to the matching transaction.
Token Pay payment wallet
Token Pay is a DAPP developed based on the NGK.IO block chain. It is a world-leading smart payment system. It is different from IM Token. If IM Token’s own positioning is a safe butler of digital currency, then Token Pay is a diversified storage. Payment system, its positioning lies in the construction of payment and application scenarios. Token Pay is a bridge that connects to real business. It will implement the block administration of the block ettlement for enterprises and individuals. NGK and USDN will be used as the first Token in the business ecology of Token Pay.