With the emergence of blockchain technology, all blockchain oriented financial activities are exploring digital finance in a distributed direction. Including BTC (Bitcoin), Ethereum, DeFi (decentralized finance), JPMCoin (encrypted digital currency launched by JPMorgan Chase), Libra (super-sovereign currency launched by Facebook), etc. Among them, DeFi is one of the most popular concepts in the blockchain field in 2020. Uniswap, Sushiswap, Compound, MakerDao, etc. that have swept the token circle are among the leaders. However, there are so many projects on the market under the slogan of DeFi, but only few of them are really high-quality. At the end of the post-DeFi era, are there truly unique products that truly meet the needs of the financial market? Yes! NGK.IO!
NGK.IO has the following three elements:
1) Open source code and decentralized protocol: The blockchain code of the NGK project party has been fully open sourced on Github, and users and developers can use the source code to modify and learn from it. Secondly develop wider applications based on open source systems or protocols to provide an efficient, free, and borderless blockchain ecosystem. DeFi is a typical representative of decentralized products, so a good DeFi product does not require a centralized code auditing agency to audit. This is because even if the audit team is strong, its error correction ability and efficiency could not keep in pace with the development enthusiasts. So to check the quality of a DeFi product, first look at whether its code is open source (depending on the product attributes, partial open source or full open source can be used).
2) Value support: NGK is an STO certificate approved by the US SEC. Its issuance is endorsed by physical assets, which is essentially different from the air currency in the market. In addition, it also has a legal operating license for the US MSB blockchain. In this way, NGK can legally and compliantly use the whole network pass NGK to run projects which could avoid risks. At present, most DeFi projects lack of value support, so short-lived projects have become commonplace. The tangible and intangible assets behind NGK are the support of its value.
3) Ease of use: Whether DeFi products can reap the hearts of people, its ease of use is very important. At present, a large number of DeFi projects have problems such as too complicated operation logic and high handling fees. And NGK.IO is optimized through technical means, which is convenient to use, simple to operate, and has a very low handling fee.
NGK.IO officially launched its mainnet on October 14, 2020, California time. Since its launch, it has been sought after and loved by users. NGK.IO is a commercial basic blockchain independently developed based on its own DPOSS consensus mechanism. So far, NGK.IO has been distinguished from the common DeFi projects on the market. The self-developed commercial basic blockchain means that there is no high transfer fee. Compared with the current various DeFi products on the Ethereum network, the money earned can not offset the gas expenditure.
All of the above determine NGK.IO’s dominance in the DeFi field in the future. Maybe you have missed countless products before, but please don’t feel unfortunate, because they may be short-lived after all. However, NGK.IO is a product you will feel annoyed if you missed it, because only projects with an independent and complete blockchain can meet the many scenarios and various needs of DeFi in the future.
It is foreseeable that in the cooling process of the nationwide DeFi boom, truly powerful unicorns will slowly comes to it surface, and it will also be the beginning of the NGK.IO blockchain’s true dominance.
