Next Generation Network (NGN): A Decentralized Mainnet Project Aimed at Providing Trust Infrastructure

Coinstore
3 min readFeb 16, 2023

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What is Next Generation Network and what are the roles of NGN tokens?

The NXT Generation Network is a decentralized Mainnet project aimed at providing a trust infrastructure where management authority is not vested in a specific person or group but in a community. It additionally offers particular solutions to enable community consensus building and usability.

In order to accelerate the completion of the task, the project team decided to launch the digital token product NGN to rapidly expand the product scale and give the community the opportunity to participate in financial activities. It is expected that in the first quarter of 2023, the project party will launch $NGN tokens. Currently, they are looking for mission-driven token holders to join and develop the NGN ecosystem.

Next Generation Network Token (NGN) Overview

Token Name: NGN

Total Supply: 777,777

Total Circulation: 466,555

Contract Address: 0x888f538aa0634472d3f038f225c59b5847cde015

Coinstore.com Listing

Trading Pair: NGN/USDT

Trade Time: February 17th, 2023 17:00 (UTC+8)

Withdrawal Time: February 17th, 2023 18:00 (UTC+8)

Trade NGN/USDT on Coinstore.com

What are the utilities of NGN tokens?

Drive Platform Growth: Token holders help drive platform growth and ecosystem development.

Great to NGN ecosystem: Tokens will create a compounding effect on the network now and into the future.

Trade Mechanisms: With every Buy/Sell transaction, NGN will redistribute approximately 10% back into the community’s investment, marketing, and development initiatives. This redistribution process is fully automatic, and will also include anti-whale mechanisms designed to minimize the price volatility associated with ‘rinse and repeat strategies’.

What are the Next Generation Network (NGN) points focused on?

Evidence from professionals and data shows that artificial intelligence projects have great growth potential in DeFi in the next decade, and the DeFi market is expected to grow 10 times in the next 5 to 10 years. As the number of people entering the cryptocurrency market continues to increase, so does the demand for decentralized financial solutions.

This creates an environment for the development of NGN AI projects. The artificial intelligence technology that NGN R&D is working on will be able to analyze cryptocurrency charts, track market trends, follow social media and news media sentiment, track current events that may affect investment markets, analyze past market data to make predictions, and present this information. In short, the Next Generation Network (NGN), the “next generation network,” promises to bring great convenience to investors, including increased efficiency and reduced risk, by leveraging DeFi and artificial intelligence.

NGN Tokenomics

NGN Tokens Allocation

Next Generation Network Official Media

Website | Twitter (@Nxt_Gen_Network) | Telegram

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