Naga Group - Due diligence

[icochecker]

Nagaico (NGC)

Company

The Naga Group AG

Herrengraben 31
Hamburg 20459
Germany

• listed on the Frankfurt Stock Exchange on July 10th 2017
• ISIN: DE000A161NR7

German company register

Company used for the ico:

NAGA DEVELOPMENT ASSOCIATION LTD
123 Barrack Road
Belize City
Belize

Registration Number: 168399

Belize company search

Naga Markets Ltd (Online Brokerage)

27 Spyrou Kyprianou
Mesa Geitonia
CY-4003 Limassol

• More info - Cyprus securities and exchange commission

Github

• Naga Development Association Ltd

Product

• No working product for Naga wallet (Multi-currency wallet) which is essential for the NAGA ecosystem.
• Naga wallet Mockup on InVision

Other products from Naga Group

• SwipeStox a subsidiary of NAGA
• Switex (Product in Alpha)

Smart contract

• Contract on github
• Contract not deployed as of 17 November 2017

Vesting

• 17.5% of tokens for team and founders. 50% of Team Tokens will be locked up for 6 month. Other 50 % of Team tokens has no vesting schedule.

• 12.5% of tokens for legal and advisory with a 6 month vesting schedule.