Recently, the NGK global roadshow came to an end in Moscow, the Russian capital. The roadshow was an unprecedented success. At the beginning of the roadshow, Russian roadshow speaker Andrew delivered an opening speech. Andrew said that Russia, as a vast country, has a very large application scenario for blockchain technology.
Bouldersky, representative of the Russian and Eastern European communities expressed his agreement. He also asked Mikdevich, the representative of NGK, what is NGK’s big move recently?
The representative of NGK Mikdevich said on December 3rd that the much-anticipated BGV coin was launched on the DEFI section of the world’s leading AOFX (A network) exchange. As the first exchange BGV launched on it, A-Net Exchange and the BGV project team carried out a four-fold gift of 200BGV.
We saw that the currency price fluctuated slightly on the first day of BGV launch. At the close of the day, based on the currency price of US$718, the return on investment reached 1436 times, that is, the return on investment reached 1436 times = (current currency price of US$718-initial price of US$0.5)/initial price of US$0.5*100%.
Then Bouldsky, the representative of the Russian and Eastern European communities, asked what are the prospects of BGV coins compare with Ethereum, Bitcoin, YFI and other projects?
NGK representative Mikdevich said that we have seen BGV coins launched for 17 hours. Although the currency price fluctuates greatly, it is at a norm compared to other DeFi projects. The highest price of BGV coins is US$888.88, which is equivalent to less than 30 BGV coins which can be converted into one Bitcoin.
Apart from BGV coins and YFI coins, YFII coins are all without pre-mining and only have the same mode of airdrop in the previous period. Current data shows that compared to the initial price of YFI coin of 24 US dollars, its return on investment is +83518%, and the return on investment of YFII coin is +2614.23%, based on the initial price of YFII of 70 US dollars. As of December 7th, GMT+8, the currency value of BGV was US$423.49. Based on the initial value of BGV coins of US$0.5, the return on investment was +84598%. In comparison, the price of BGV was issued for only four days. When it has not reached its peak, its return on investment is now higher than that of YFI and YFII.
Mikedovich mentioned that although the return on investment of ETH and BGV is similar, the flaws of Ethereum are also obvious. Ethereum’s slow block production, network congestion, and high GAS fees have brought investors a very bad experience. This is one of the reasons why NGK withdrew from the DEFI project based on its own blockchain at the request of investors. BGV’s handling fee is extremely low, even if only the smallest amount of BGV is withdrawn, the highest fee is only two thousandths. The higher the total turnover, the lower the fees charged, and the least charges is no fees will be charged. Moreover, as the NGK blockchain is a newly launched blockchain, the situation of slow block generation due to network congestion will not occur at all. Interested investors and friends can compare the hash value of BGV and other NGK currencies and the block generation time of the TXID address on the blockchain browser.
Finally, the roadshow ended successfully in the consensus of all parties.