NGTG QuestionsHey folks, I've got many decades of experience in the junior resource market, but I know very little about crypto. Can you confirm if I understand the NGTG token correctly? From what Ryan Cunningham says, I summarize as follows. Please confirm if I am correct or not.
A) NGTG strategy is essentially to be a junior resource company, but instead of equity shares on an exchange, investors will hold NGTG coins. This would broaden the shareholders and marketing appeal of the company to worldwide crypto exchanges.
B) The NGTG coins will be backed by gold-in-ground assets vs other crypto products that are backed by "perceived mathematical scarcity & marketing" or paper gold, or physical gold (for similar products).
C) NGTG holders can benefit from gold price rises (for gold-in-ground valuations), exploration success expanding ounces, and monetizing the cheaply acquired properties/assets (as in the case of AMK). I.e. for this last point, buy cheap and await proper valuation.
D) Is there a formula to how many coins are released and distributed?
Thanks for any help you can provide.