How will NGK Global lead the way in value after it goes live in October?

NGK.IO
3 min readOct 13, 2020

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In 2020, the emerging public chain represented by NGK Global will break through the track of the public chain by relying on the underlying technology innovation. The core competitiveness of NGK Global lies in the bottom layer. It has served the real economy since its inception, and its core goal is to evolve from a technical public chain to the first global commercial public chain.

In order to promote the commercial development of nodes, the NGK Global public chain provides a new generation of contract capabilities to create a truly fair, open, transparent, safe, and reliable new business environment. According to the plan, the public chain is only part of the future development of NGK Global. NGK Global will also establish super-nodes, which could effectively evaluate commercial entities or businesses.

NGK Global

The main network of the public chain is of great significance to the project ecology, so the project’s token is not developed based on the Ethereum standard protocol, but has its own exclusive token, which provides strong support for the implementation of killer application scenarios and is completely insulated “Air Coin”. At the same time, NGK Global’s project token NGK will be launched on more trading platforms, increasing circulation and driving a surge in user volume.

Regarding the development of NGK Global public chain, the white paper gives an important answer, that is, super nodes and open platforms. For a node user, it has the triple identities of users, promoters, and investors, which determines the entire super node plan and open platform of NGK Global. The different identities of users or investors are reflected in the entire plan to make the ecology of the entire NGK Global operate balanced, this enabled businesses to develop in this way. NGK Global introduces the concept of super nodes and infill with the self-driving concept of public chains that can achieve commercial performance into it in order to further integrated super nodes with the ecological development of NGK Global.

NGK Global

The NGK Global open platform is different from the traditional public chain since its initial development. Its open platform will include SDK and API capabilities, but this capability is only used in the process of distinguishing the three identities of different nodes effectively, and the influences of identity on the entire node ecology determine the level of incentives and realize benefits.

For developers, they could do with any application scenarios that they want, and the implementation of application development has become very simple. In addition to providing some open platform capabilities to developers, NGK Global will continue to access more business ecosystem partners to jointly promote the prosperity of the node ecosystem. Connecting with commercial entities such as banks, e-commerce, and games, and intervening in physical commerce will be an important action in the future development of NGK Global, which will accelerate the value exchange process.

NGK Global

In the future development of open platforms, it will be more inclined to the combination of business + technology, rather than purely technical platforms. The participation of developers will be guaranteed with convenient and easy-to-use technical interfaces, and NGK Global provides the ability to develop specific business scenarios.

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