NAGA vs Safex vs Storeum
What problem does this service solve?
NGC is the driving force of the NAGA ecosystem, which is a marketplace for a variety of digital assets. | Safex wants to use blockchain to reduce costs and increase transparency in e-commerce. | Storeum's technology and road map are not clear, and the project does not appear to solve any problems. |
Token Stats
Company Description
Naga specializes in developing technology for financial markets, virtual goods, and crytpocurrencies. Naga operates a brokerage company that has a social network for trading called SwipeStox, as well as a virtual good marketplace called Switex. The NAGA coin (NGC) was released in an ICO that raised over $50 million, and is used to power the NAGA ecosystem. NGC can be used for trading and investing in virtual goods and financial markets, and serves as the base currency for any transactions in the Naga platform. | Safex is developing a decentralized marketplace with an emphasis on privacy, anonymity, and a secure listings. The Safex ecosystem is powered by the SAFEX coin, which has a Proof-of-Work (PoW) consensus mechanism. The decentralized marketplace will require all listings to be curated by a centrally managed system that will be based on participants staking each listing. | The Storeum token is a digital currency that is designed to act as the medium of exchange for Storeum's decentralized marketplace. The project's marketing materials are unclear and the team behind it is not known. The STO token increased rapidly in price and market cap, shortly after its release in 2019. |