It is quite common to find yourself being an owner of the bunch of stuff you don’t really need. If it’s the usual junk, you can just take it to the flea market and make a bit of cash out of it. But if it’s digital junk, the situation can get really complicated. If there’s no specialized selling platform, it’s gonna be a pain in the rear for you. You are not gonna face this problem with NAGA.
NAGA has developed an entire marketing ecosystem that allows you to sell digital things or exchange them for Apple shares or anything else that you’d like to invest in on the financial markets. A couple of clicks – that’s all that it takes. Of course, this works not only for in-game skins but for all types of goods that can be sold or exchanged inside the Switex platform. The exchange is performed through the NAGA Wallet by using NAGA Coins.
Basically, the company’s main goal is to merge the financial markets, cryptocurrencies, and the digital items market, so that the sales transactions can be conducted in the most convenient way possible. Moreover, this has to be achieved within a strict legal framework. NAGA has a history here after having gone public on Frankfurt Stock Exchange in July. To do this, the company passed through all the necessary inspections and got all the licenses needed in Germany. Besides, the important NAGA feature is that its popularity is supported by the substantial sales of tokens. There is considerable demand for NAGA services, so the platform will be able to receive profit directly after the ITS. And, as they say, there is no business without profit. One should avoid companies that don’t have a clear monetization system.
Anton Kryvko, big data scientist and technology evangelist definitely thinks so. According to him, among the dozens of other offers on the markets, NAGA is an outstanding one:
“NAGA’s idea to exchange virtual currencies for services and goods, in general, is not a novelty. A lot of local startups try to create something similar with their own social network and virtual currency that, potentially, could have been exchanged for goods, but generally they failed. NAGA seems to be way more perspective. It has already issued the working product and taken the obligations to serious investors (backed by FOSUN Group). This decreases the risk that the project might “suddenly” disappear, as often happens after an ICO is conducted.
Potentially, it looks really good, taking into account that NAGA offers workshops for traders and great cashback bonuses too. The project’s success will ultimately depend on the amount of people, who use it. But given the rates of NAGA token sales, it already has a wide community that is more than ready to support it.”
Above all, NAGA aims at not only making the item trade less complicated but also making it accessible to everybody who avoided it earlier. People tend to avoid the trades because of an immense bureaucracy embedded into the contemporary financial systems. Now you don’t need to go to the bank and fill in tonnes of papers before entering the markets. All you need is your enthusiasm and NAGA tokens, which can be used to buy and sell whatever you like.
Halyna Herasym, a grad student at San Diego State University, plays DOTA 2 several times a week. She rarely uses the dropping in-game skins:
“After spending more than 3000 hours in DOTA 2 I realized that I own a great deal of useless stuff. I am just not a great fan of all the cosmetic items, moreover, I usually find them really annoying. I would have sold all the equipment by now, but the platforms, that allow the transactions with the in-game items are usually unreliable, extremely inconvenient, or, sometimes, both. So, as a gamer, when I found out about Switex I was really thrilled. It would be really handy for people like me, since it’s convenient and reliable. Can’t wait till it is be launched, so I can get rid of all the items I own and spend the resources on something more useful”.
It is hard to predict the way NAGA and similar platforms will influence the market in general. Nevertheless, we can be certain about one thing: they will make life of many people way more comfortable. Now gamers know not only “what to sell”, but also “how to sell”.
Join NAGA’s Telegram, that has more than 10,000 active members, to stay tuned.