Is NGK a formal project?
NGK is a developer-friendly underlying platform which has powerful performance, supports multiple applications and multiple programming languages at the same time, providing a foundation and lower threshold for the developers of DAPP. NGK adopts the DPOSS consensus mechanism and the multi-chain operation mechanism of “main chain + sub-chain”, it separates the business of the main chain and the sub-chain and solves the problems of delay and data throughput. This does not only meet the needs of millions of TPS, but also making the NGK Blockchain more scalable.
As the representative of the new generation of blockchain, NGK has received a lot of attention, but many people are still asking whether NGK is a formal project. Indeed, the market is currently in a chaotic stage. There are too many fake projects on the market. While this industry is full of opportunities, but it is also full of various uncertainties. As for the NGK 3.0 blockchain, there is no regulatory issues at all.
NGK passed the SEC (i.e. U.S. Securities and Exchange Commission) to issue STO to regulate private equity. STO was effectively initiated through the mortgage of equity. STO is considered as the issuance of securitization tokens, and its goal is to conduct the public issuance of tokens under a legal and compliant regulatory framework. It is based on two needs: strong supervision and separation from utilities which mean that all STO projects need to undergo a compliance review, and the project code, team, and products will all undergo a strict screening. This is to ensure the compliance of the NGK project and guarantee the users.
On the other hand, the foundation will endorse the NGK’s ecological planning and strategic deployment. Also, it will increase the credibility of the project during the STO fundraising period and effectively provide the necessary convenience for the project’s promotion and launching.
At present, NGK has built a multi-dimensional STO ecosystem under the regulatory framework to meet the needs of global customers, issuers, investors and traders. NGK will provide a complete set of STO business solutions which cover the issuance, trading and the management of security tokens, and accept the constraints of the global mainstream regulatory framework.
