IronyThe irony with NGTG is that it goes against all the tenets of why people like cryto:
1) NGTG went with "self reporting" circulatioin vs. blockchain verification
2) NGTG went with discretionary issuance of tokens vs event driven issuance. This has allowed Cunninghsam to already have issued 1 billion tokens to themselves (CNRC and CML).............and there are no guardrails in place to deal with the 4 billion that remain imho.......
To me, it looks like next to no transparency or guardrails on how things can be handled......
but, imho, it is all moot as they will not raise $210 millioin for AMK. They will make a few bucks on some of the tokens sold to 3rd parties but in the non to distant future, NGTG will be relegated to the dustbin of nuthinballs imho....