Blockchain SolutionsSimplified

NASGO is an open source decentralized network that opens up endless opportunities for the Web 3.0 through the creation and deployment of DApps and cryptographically secured digital assets on

the trustless blockchain technology. Immune to a single point of failure, NASGO is an immutable blockchain network that connects developers and SMEs to a global community of clients.

— allowing them to take the advantages of the modern age blockchain technology to the fullest.

OVERVIEW

ABSTRACT

The combination of Blockchain technology and cryptography has opened endless opportunities and use cases for modern-day businesses. Tokenization of asset classes, removal of intermediaries, decentralization, provision of liquidity to otherwise illiquid assets, immutability, traceability, and open source transparency are some of the core aspects a Blockchain powered by cryptography and decentralization can offer. Unfortunately, when it comes to small and medium businesses or potential startups, the costs for development and maintenance of Blockchain is too high: eliminating or greatly reducing the possibility for such businesses to utilize Blockchain to their advantage.

NASGO is an open source decentralized network that opens up opportunities for small and medium enterprises and startups, by allowing them to develop and deploy decentralized apps and cryptographically secured digital assets on its trustless Blockchain technology at near to zero costs. It also minimizes the technical difficulties faced by such startups who can’t afford to hire dedicated developers by allowing the issuance of customized tokens, without even writing a single line of code. It is Immune to a single point of failure, and given its decentralized and immutable nature, the NASGO Blockchain Network will connect developers and SMEs to a global community of clients —allowing them to take advantage of the modern age Blockchain technology to the fullest.

This whitepaper aims to present a comprehensive framework of our innovative approach to Blockchain technology. It also aims to demonstrate the current status and future plans of the NASGO platform, its associated products and solutions, and NSG Token—the payment gateway and peer to peer cryptocurrency that enables the seamless exchange of value between peers without involving any third party or mediator. It strives to inform our readers how we are using our teams’ expertise to provide decentralized app development, creation, and deployment of cryptographically secured digital assets, and Sidechaining in a seamless, simple manner at minimal costs.

TABLE OFCONTENTS

1 ABSTRACT

3 CUSTOM INFORMATION

4 BACKGROUND

5 INTRODUCTION TO NASGO5.1 What it does?

6 THE VISION

7 OUR MISSION

12 TECHNICAL ARCHITECTURE

13 SYSTEM FEATURES

9 ISSUANCE OF BLOCKCHAIN BASED DIGITAL ASSETS -TOKENS

10 NASGO PEGGED SIDECHAINS

15 NASGO ROADMAP

8 DAPP STORE8.1 What is a DApp?8.2 Introducing NASGO DApps8.3 Benefits of NASGO DApps

10.1 How do sidechains operate?10.2 NASGO Pegged Side Chain

11 NASGO USER STRUCTURE11.1 Enterprises11.2 End-User

13.1 Network Fees13.2 Peer-to-Peer

10.3 Benefits of Side Chaining

14 NASGO USE CASES14.1 Economic Freedom14.2 Media Freedom14.3 Freedom of Communication

16 MARKETING MANAGEMENT

17 CONCLUSION

18 GLOSSARY

19 DISCLAIMERRestrictions On Distribution And DisseminationRisks And Uncertainties

CUSTOM INFORMATION 3

ITEM DESCIPTION

Project Name NASGO

Description Blockchain Assets & DApp Platform

Stage MainNet Launched

Standalone Client Yes

Open Source Yes

Initial Supply 101,000,000 NSG

Symbol NSG

Consensus Algorithm DPOS , PBFT

Algorithm SHA256, ED25519

Block Time 10 Sec

Block Size 10 MB

BACKGROUND

Blockchain and Cryptocurrency are some of the disruptive new technologies recording a substantial growth in the last ten years. In simpler terms, a Blockchain is nothing but a distributor ledger of contracts between multiple parties or a simple distributed ledger containing a record of transactions between multiple parties and secured by cryptography. Thus, instead of such a contract being locked up and managed in a single locker —as in the case with physical contracts — the Blockchain approach allows a transacting body to publish such a contract across multiple sites and locations and decentralize it so that the authenticity and security of the contract is always guaranteed.

Traditional Blockchains, such as the Bitcoin Blockchain and the dedicated Ethereum based Blockchain, have their own limitations: affecting adversely the essence or purpose for which they were created, i.e. to allow fast, efficient, and lower cost transactions. With the increased demand of the Bitcoin itself, its Blockchain has become overcrowded, causing delays in transactional activities. As a result, a transaction that used to take only a few minutes now takes hours or even days for completion.

Furthermore, such Blockchains and Cryptocurrencies are struggling to find real use cases with regards to general acceptance and usability: where they have failed to identify and address the main issues present in creating the mass adoption of digital assets. Some of the main reasons include the lack of security, acceptability, high exchange and trading fees in high energy consuming consensus models.

Other issues faced by these Blockchains are high transactional fees, vague governance models, coder only deployment models, with expensive and complicated DApp development and deployment on their networks, etc...

As a solution, we introduce a dedicated and revolutionary Blockchain network for modern age Startups and Small to Medium businesses— We bring you NASGO.

4

INTRODUCTION TO NASGO5

NASGO is an open source decentralized network that allows for the creation and deployment of decentralized applications and cryptographically secured digital assets on a trustless Blockchain. Based on its own Blockchain network and NSG token, NASGO enables developers and non-technical users, having minimal or even zero comprehension of coding and cryptography, to create, distribute and manage decentralized Blockchain applications like DApps and digital assets by deploying their own sidechains linked to the NASGO network. Thanks to the flexibility of sidechains, developers can implement and customize their Blockchain applications without entirely having to rely only on the main chain.

The NASGO Public Blockchain is developed with a vision for identifying and addressing the current issues around the functionality loopholes and weaknesses in the Blockchain. It is designed to be efficient, Trobust, with reduced cost and high functionality coupled with an independent yet public ecosyste m.NSG is a modern age native token, an open source virtual unit of account, processed via a publicly accessible, minable Blockchain system, for the instantaneous processing of peer-to-peer cashless payment transactions.

NASGO Blockchain is efficient and easy to use. Our Research & Development teams are focused to bring advanced Blockchain technology to the community and allow SMEs to establish a stable and resilient Trustless network for the Web 3.0 Infrastructure.

5.1 WHAT IT DOES?NASGO is a modern age open source Blockchain that uses a Delegated Proof of Stake (DPoS) model to achieve consensus and allow the creation of Sidechains on its network which enables small and medium businesses to deploy their decentralized apps and tokens on their own personalized Sidechain in a safe, secure, convenient, risk-free and trustless manner. NASGO provides a sophisticated DAPP Store and tools for the creation of decentralized applications or Blockchain applications, which are exactly what the name suggests, allowing them to sort while running on many servers, providing unseen security, quicker uptime and options for entirely new business models.

NASGO also provides an easy-to-use client server for startups or developers user interface which allows them to issue a Blockchain asset without ever writing a single line of code. The asset in the NASGO system can represent gold, stocks, titles, or any other type of asset that can be traded or transferred with NASGO's Sidechain in a decentralized way, as well as with any other currencies in a centralized exchange.

Furthermore, NASGO also provides a command tool by which developers can easily create a basic Sidechain system that enables developers to fully customize their Sidechain system, including its own database, consensus algorithm, trading mode and account architecture. Sidechain systems can be hosted in the clusters of nodes of individual delegates, so that a partitioned mechanism can be naturally generated hence avoiding the rapid expansion of the main Blockchain.

Our vision is to identify and address the current issues surrounding the functionality loopholes and weaknesses within the Blockchain, and in so doing, to actually create NASGO - an efficient, robust, highly functional, and independent Blockchain network.

THE VISION

Our vision is to enhance the adaptation of the revolutionary Blockchain by providing both community and small and medium business enterprises with a complete decentralized ecosystem, where developers and non-technical individuals will have the opportunity to create their own decentralized financial ecosystems deployed as Sidechains. NASGO’s mission is to make the NASGO framework a powerful ecosystem that allows easy and secure development of DApps, Cryptographic assets and personalized Sidechains.

OUR MISSION

The NASGO online DApp Store is the first store of its kind for creation and deployment of decentralized applications. It serves as an aggregation of all decentralized applications published on the NASGO network and will help developers deploy applications of any scale i.e. from decentralized prediction markets to online gaming all within a seamless, secure, risk-free environment and at nominal costs.

Through this NASGO Store, developers can build state of the art decentralized apps which link developers and users directly, without middlemen hosting software or managing user data. These customer-developer networks are more transparent, equitable, and resilient than traditional apps—which incentivizes all parties to benefit or treat each other well as they rapidly innovate.

DAPP STORE8

Criteria for an application to meet decentralization:

i. A decentralized app is open source and autonomous, meaning that any change can only be executed by consensus and there is no single body holding a majority of tokens in the network.ii. Protocols and Data are stored cryptographically in a Blockchainiii. The cryptographic tokens are used for rewarding network users as well as for application access.iv. Tokens are generated using an algorithm that encourages contribution to the system by members of the network.

DECENTRALIZEDCENTRALIZED DISTRIBUTED

8.1 WHAT IS A DAPP?A DApp is a decentralized application or a Blockchain application that works exactly as the name suggests, i.e. instead of a centralized client-server, it runs on various servers scattered around the world — all acting as nodes — providing unseen security, faster uptime and enables entirely new business models.

A DApp is an application whose server-client models are truly decentralized while other applications are Centralized or Distributed as illustrated in the figures and list of criteria given below:

8.2 INTRODUCING NASGO DAPPS :

A notable feature of the NASGO application platform is that it allows the deployment, distribution and management of decentralized applications — all in one place — with a seamless user experience. NASGO offers Startups and SMEs an environment where they have the full authority to create DApps based on their own Blockchain network (Sidechain). NASGO's DApp Store will give SMEs an unprecedented access to hundreds of millions of customers in a decentralized way.

Decentralized Apps or DApps developed within the NASGO Store will inherently, by design, be made to operate out of nodes running in a peer-to-peer network on either the NASGO Blockchain, Nasgo’s Custom Sidechain network, or out of web browsers where they will run locally and communicate through a peer-to-peer network. Decentralization is achieved in the aforementioned manner allowing apps an immutable feature and rules out the possibility of single point failure or the network being taken down. This way, a user would not be exposed to the kind of data collection or data surveillance that happens with a Website hosted on a central web host. Also, it gives control of both the identity and the data back to the user.

8.3 BENEFITS OF NASGO DAPPS

Traditional apps that are deployed on centralized servers are often prone to security risks and breaches such as DDoS, SQL injection, XML bombs, XML firewalls, message-level security (43%), cross-site scripting (38%), and XML attacks (37%). Brute force, phishing, and impersonation attacks are some of the other significant concerns.

NASGO decentralized application’s key advantage is the distribution of essential components, a move that improves fault tolerance and makes it practically impossible and cost prohibitive to attack such a network. The backbone of NASGO DApps, its Blockchain, ensures fast, reliable and secure applications to enhance the customer experience. With increased volume as well as velocity of data from new sources like IoT and social media, Blockchain and NASGO DApps provide a fast, efficient and affordable way of processing and storing big data. Additionally, decentralization acts as a barrier to collusion, a move that has often allowed corporations and governments to exploit others.

STORAGE OF VALUE

A NASGO DApp has the potential to have a built in stored value by the provision of a native token i.e. NSG token which can store value. It eliminates the role and need of a middleman or an intermediary and thus provides a greater value to the end user. The ability to store and move value inside self-managed applications can also lead to some fascinating economic models.

IMMUTABILITY

Once a NASGO DApp is pushed to the network, it will stay there forever. Its services can be used by anyone at any time and one can easily trust them. Unlike centralized apps whose services can be discontinued anytime which can frustrate the users, NASGO DApps, through decentralized nodes, are always online, which directly achieves fault tolerance and the prevention of single point failures.

CENSORSHIP RESISTANCE

NASGO DApps are censorship resistant which means no third party has access to control your app or its backend. A DApp cannot be taken down from the network once pushed inside it; the only way to remove the App is to shut down the entire network.

EFFICIENT

Decentralization helps in increasing the overall efficiency of NASGO DApps as compared to the centralized apps. It can be more efficient due to diseconomies of scale or spare capacity considerations.

ATTACK RESISTANT

NASGO DApps are generally more resistant to attacks than any other centralized app, as splitting a system into components makes an attack costlier. Decentralized systems are very hard to break and to be brought down, therefore, attacks become more difficult and extremely cost prohibitive. Nobody would go to that magnitude to expend so many resources, therefore, it ultimately becomes attack resistant.

Some of the other benefits include, but are not limited to: i. Safety & Security of the data.ii. Instant transactions without any delay.iii. No intermediaries needed for paymentsiv. No Chargebacksv. Any changes work on and require a consensus protocol.

8.3 BENEFITS OF NASGO DAPPS

In order to create a DApp, please refer to the tutorials and tools given on our website :http://docs.NASGO.com/Development/DAppDevelopment.html

NASGO provides an easy-to-use client that allows SMEs, Startups or individuals to issue a Blockchain based cryptographically secured digital asset without writing, even a single line of code. NASGO gives you all the tools you need to run your Blockchain-powered economy on open scalable Sidechains.

Create a digital asset that has the potential to represent anything of value ranging from Gold, Silver, Stock, Equity, Titles, Bonds, to any type of asset. These assets can be traded or transferred with NASGO’s Sidechain in a decentralized way, as well as with any other currencies in crypto trading exchanges or even in a peer to peer manner.

ISSUANCE OF BLOCKCHAINBASED DIGITAL ASSETS -TOKENS

9

ISSUANCE OF TOKENS. HOW IT WORKS?

Issue Custom AssetsNASGO provides an easy-to-use client where you can issue a Blockchain asset without writing even a single line of code. In order to issue a custom asset, here is the protocol you will need to follow.

1. REGISTER AS AN ASSET PUBLISHER:

Before you issue an asset, you have to register as an Asset publisher. To do so, a minimal fee of 100 NSG will be charged as the registration fee. Once you have deposited 100 NSG from your wallet, you need to proceed with the steps given below.

STEP 01 STEP 02 STEP 03

Click the "Issue Asset" Button

Input thepublisher’s name and a brief description of the token

Your registration will be confirmed in the next generated block— normally, it takes less than 10 seconds.

ISSUANCE OF TOKENS HOW IT WORKS?

2. REGISTER AN ASSET:

You can register a custom asset if you are an asset publisher. A sum of 500 NSG will be charged to register an asset.

Custom options:

3. ISSUE AN ASSET

Once the asset registration is confirmed, you can issue it immediately. 0.01 NSG will be charged as a transaction fee, afterwards you can:

i. Transfer the custom asset to any other NASGO accountii. Check your asset balance in the account paneliii. Create DApp which utilizes the asset you issued.

It will be confirmed in the next generated block, normally it takes less than 10 seconds.

ASSET NAME DESCRIPTION TOTAL SUPPLY ACCURACY

Your registration will be confirmed in the next generated block, normally it takes less than 10 seconds: i.e. Name: COINX, Description: Currency for project, Total supply: 1,010,000,000 Accuracy: 8

TOKENIZE YOUR BUSINESS

NASGO Blockchain assets allow you to tokenize your startup or an existing business and thus resolve the issue of much needed liquidity. With NASGO deployed tokens, you can instantly liquidate your assets without having to wait for pickup periods of tens of years.

CREATE TOKENS WITH EASE

Unlike Ethereum or major competitors where you need to learn complicated programming languages such as Solidity for the issuance of a token, NASGO allows you to instantly issue your own custom tokens without ever writing a single line of code.

FUNDRAISE GLOBALLY

Create your own custom token through a Sidechain and start fund raising on a global scale.

FOR DEVELOPERS:

KEY FEATURES

MINIMAL FEES

Create your custom digital tokens at a minimal development fee and a near to zero transactional fee.

INDEPENDENCE THROUGH SIDECHAINS

Deploy your token on a custom Sidechain and thus enjoy the independence of having your custom Blockchain where you won’t need to rely on the main chain.

COMMUNITY

Get access to thousands of Community members located all over the world. The governance of your token on NASGO Blockchain is efficiently decentralized and distributed. Anyone can propose or vote ongovernance proposals.

DECENTRALIZED GOVERNANCE

The underlying technology behind a token is controlled by community in a decentralized fashion through the Delegate Proof of Stake Consensus model, eliminating the possibility of organizational manipulation.

HIGH LIQUIDITY

The NASGO platform brings full transparency to a project’s members and assets. Since this can be publicly verified on the Blockchain, this enhances liquidity for token trading on the exchanges.

INVESTMENT MADE SIMPLE

Using the NASGO platform, you can invest into potential startups in a simplified manner. All you need is NSG or the native project token and you can acquire equity.

FOR COMMUNITY:

KEY FEATURES

INSTANT TRANSACTION

Unlike traditional Blockchains that are struggling in order to cope with the existing load, NASGO is designed to support the near to instant transaction time of only 10 seconds.

10.1 HOW DO SIDECHAINS OPERATE?

A Sidechain is a separate Blockchain that is attached to its parent Blockchain using a two-way peg. The two-way peg enables interchangeability of assets at a predetermined rate between the parent Blockchain and the Sidechain. The original Blockchain is usually referred to as the ‘main chain’ or the ‘parent chain’ and all additional Blockchains are referred to as ‘Sidechains’ or ‘child chains’.

A user on the parent chain has to send their coins or tokens to an output address, where the coins become locked so the user is unable to spend them elsewhere. Once the transaction has been completed, a confirmation is communicated across the chains followed by a waiting period for extra security. After the waiting period, the equivalent number of coins is released on the Sidechain, allowing the user to access and spend them there. The reverse happens when moving back from a Sidechain to the main chain.

Sidechains are emerging mechanisms that allow tokens and other digital assets from one Blockchain to be securely used in a separate Blockchain and then be moved back to the original Blockchain, if needed. Sidechain functionality holds tremendous potential to enhance the capabilities of existing Blockchains.

NASGO PEGGED SIDECHAINS10

10.2 NASGO PEGGED SIDE CHAIN

NASGO introduces a revolutionary technology for side chaining called ‘Pegged Sidechains’, which enables NASGO and other decentralized ledger deployed assets to be transferred between multiple Blockchains in a seamless, transparent, trustless and risk-free environment.

This gives our users an access to new and innovative cryptocurrency systems using the assets they already own. By usage of NASGO’s native token NSG, these systems can more easily interoperate with each other to avoid the liquidity shortages and market fluctuations associated with new currencies. Since Sidechains are separate systems, technical and economic innovation is not hindered. Despite bi-directional transferability between NASGO and pegged Sidechains, they are isolated: in the case of a crypto graphic break (or malicious design) in a Sidechain, the damage is entirely confined to the Sidechain itself.

NASGO Platform provides a command tool by which developers can easily create a basic Sidechain system. It also allows developers to fully customize their Sidechain system, including a personalized database, a consensus algorithm, a trading mode and account architecture.

A basic architectural view of a Sidechain created via NASGO platform is given below:

NASGO also allows developers to host Sidechain systems in the clusters of nodes of individual delegates, so that, a partitioned mechanism can be naturally generated hence avoid the rapid expansion of the main Blockchain.

NASGO

ConfirmationPeriod

Lock NSGTx Mined

SECONDARYBLOCKCHAIN

ReorgPeriod

ReorgPeriod

ConfirmationPeriod

Lock SecoinsTx Mined

Unlock SecoinsTx Mined

UnlockNSG TxMined

Verificationof SPV Proofs

(Sidechain)

Verificationof SPV Proofs

(Sidechain)

Architectural view of NASGO Pegged Sidechain

THE AUTHORITY TO HARD FORK

NASGO Pegged Side chaining allows innovation to take place that would usually happen on a Blockchain in an alternative cryptocurrency (altcoin) network e.g. the changes to Ethereum’s consensus rules found in Ethereum Classic could also be implemented as Sidechains. When those alternative protocol designs are implemented as Sidechains, it makes the changes optional because users can still decide to remain on the main Bitcoin Blockchain.

10.3 BENEFITS OF SIDE CHAINING

STAGING UPGRADES

Sidechaining also allows NASGO to be upgraded in stages. It allows complex updates to the Nasgo network to be tested in a realistic environment. If these updates fail, they can be revised; if they succeed, they can be incorporated into the Mainchain.

11.2 END-USER

Individual users can download, install and use any number of decentralized applications through NASGO’s built-in app store, which is similar to the application stores for current smart phones. NASGO supports different kinds of decentralized applications on which end users can make a profit by contributing the program or content. It is now very possible for developers and users to create a vivid ecosystem together.

11.1 ENTERPRISES

The tools provided by NASGO can be used to easily create a complete Blockchain, and more importantly, this Blockchain can be pegged into the Mainchain of NASGO or even the Blockchain of Bitcoin, thereby, connecting with well-developed electronic currency. It is a very attractive feature that is suitable for small and medium enterprises (SMEs) especially start-up companies.

SMEs can utilize Blockchain technology to openly provide the information and data that was previously enclosed inside companies or the Internet, and to connect with the system data owned by permission and authority, so that, they can promote the business publicly and improve the company’s image. Consequently, more trust can be obtained by the investors and financial institutions to make it easier to raise funds or get the contracts. It is inevitable for SMEs to publicize their business information. SMEs found that it is very difficult to prevent the social community from knowing their secrets. Therefore, we can assume that Blockchain will play a vital role in everyday business activities for SMEs.

NASGO USER STRUCTURE11

Consensus, meaning “general agreement,” is an important component of Blockchain technology. Instead of the authorization for keeping centralized accounts being controlled by a single entity, like a bank or centralized online payment system, cryptocurrency uses distributed ledgers or Blockchains to record information. Therefore, a general agreement is needed to record information such as the balance of every address, any and all transactions, etc… on the Blockchain.

All consensus mechanisms aim to secure the network by making it expensive to attack the network and more profitable to help protect it.

TECHNICAL ARCHITECTURE12

CONSENSUS IN CRYPTOCURRENCY

Consensus in traditional Cryptocurrencies such as Bitcoin, Ethereum or Litecoin is achieved through a mechanism called Proof of Work (PoW) thereby requiring generated blocks to contain a proof that the node which generated the block solved a computational hard task. This process of achieving consensus plays a vital role in security and authenticity of the transactions and avoids double spending and fraud.

In the Proof of work consensus mechanism, highly sophisticated mining machines are used which solve complex mathematical problems over and over again. Despite being the most well-known consensus mechanism, PoW has reported some significant issues such as a massive amount of electricity consumption by the mining machines, expensive computing machinery costs, and the 51% risk of attack. Also, as the computing power required to carry out the cryptographic calculations increases as the difficulty increases, thus consuming even greater amounts of electricity. In the long run, this would be counterproductive to the health of a cryptocurrency as miners would have to sell substantial portions of their coins for fiat currency to foot the electricity bill, devaluing the price of the cryptocurrency. Thus it can be concluded that PoW networks aren't financially ideal as only miners can receive block rewards and transaction fees in return for precious resources, whereas regular users do not see any ROI from holding their coins.

To overcome the issues with energy consumption, the Proof Of Stake (POS) consensus was developed. Instead of mining to verify and add transactions to the Blockchain, the miner is chosen by owning a large part or block of cryptocurrency the Blockchain uses. This is considered a much “fairer” system given the fact that anyone who owns the currency can be a miner and make more as they help complete blocks within the Blockchain. They need not purchase expensive computer mining systems, they only need to invest in the blocks of cryptocurrency itself.

But there are those who believe that even this consensus system is really not as fair as pictured. The reason being is that those who buy heavily into the internal crypto will have huge advantages of attaining block building capabilities. Essentially, if we were to look at it from a political perspective, the POS system is similar to a Communist system where those who have the money to “buy in big” will make the most money by getting preferential treatment.

The rich get richer!

DPOS: THE NASGO APPROACH

In order to keep the system running and achieve consensus mechanism for the NASGO Network, we are using and advanced consensus mechanism called Delegated Proof of Stake (PoS), where consensus is achieved through delegation and minting. This is the backbone of the NASGO financial ecosystem as it provides the decentralized capability of validating transactional activities. It facilitates trust in user’s peer to peer activities like NASGO products and services being offered across the globe as well as third party products across many different domains. Validation of transactions is done in an energy efficient manner through showing a proof of owning coins.

DPOS stands for Delegated Proof of Stake. Using the basic Proof of Stake system, but instead of the entities who own the most currency having the majority of “mining power,” ANYONE who owns even 1 coin has the ability to be a “delegate.” It is a democratic structure where delegates are voted in or out of the Delegate Panel. That “Panel” then selects delegates to confirm blocks whereas they then earn mining/block construction fees.

It is one of the newest consensus systems in place and NASGO’s decentralized democracy has adopted this system. DPOS is found to be more decentralized than other consensus systems because the threshold to enter is very low. And while anyone can enter other consensus systems, there is a definite cost barrier so the ones who truly benefit are the large pools of miners who are monopolizing the system.

That Is Why NASGO Decentralized Democracy Is Grabbing So Much Attention

DPOS: HOW IT WORKS?

NASGO is based on the DPoS (Delegated Proof of Stake) consensus mechanism. This method of consensus was originally created by the BitShares team. DPoS is based on delegates creating blocks. Delegates are trusted accounts which are elected to be “Active Delegates”. The 101 delegate accounts with the most votes create the blocks. Other delegates are listed as “Standby Delegates”, and can advance to the top 101 list by receiving votes from the other NASGO owners. All users of NASGO have 101 votes available to elect their favorite delegates into the top 101 list. The weight of each of the 101 votes is proportional to the amount of NSG the user has in the wallet the votes are cast from. This total amount is shown on the delegate list as an “Approval”, and is listed as a percentage of the 100 million NSG available that is used to vote for that delegate.

Delegate promotion to the top 101 or demotion to the standby list happens at the completion of the 101 block generation cycle. Each cycle of 101 blocks is created by the top 101 delegates in random order. The block time is 10 seconds. Newly created blocks are broadcast to the network and added to the Blockchain. After 6 to 10 confirmations, a block, along with its transactions, can be considered as confirmed. A complete 101 block generation cycle takes approximately 16 minutes.

In DPoS, forks can occur, but the longest fork wins. Delegates must be online all of the time and have sufficient uptime. Uptime is used to catalogue the reliability of a node by logging each time that it misses a block that was assigned to it. Users vote for the top 101 delegates based on several factors, uptime being only one key factor used to make a determination. If a delegate drops below a certain rating, users may remove votes from the delegate in question due to poor performance.

NASGO DPoS: Start Mining NowSo if you have had a desire to jump into mining cryptocurrency, you really do not have to run out and spend your savings on equipment that could be obsolete 1 year from now. You can simply buy into the DPOS system at NASGO and seek your place as a delegate. You can purchase the NASGO native NSG token or coin after you register, and the system has a safe and secure wallet to store your NSG coins in.

DELEGATES

The function of delegates is covered above in the Consensus section.

To be a delegate, a user needs to register a delegate account. This is accomplished from the client user interface in either a full or lite wallet. Keep in mind that block generation is only possible in the full wallet. This means that you can register a delegate in either version of the wallet but you will only be able to perform the delegate functions from a full version of the client wallet. The account number and username will be the same after the delegate registration.

All NASGO accounts are eligible to become delegates. New delegates start as standby delegates. Standby delegates begin with an approval rating of 0% and will need to accrue votes from the NASGO community in order to advance to be one of the top 101 delegates. Block generation is performed by the top 101 delegates only.

If you are in standby status, you will not forge any blocks.

PBFTNASGO applied an optimized variant algorithm of PBFT, which can make loyal nodes reach an agreement, i.e., not fork, O (n^2) in message complexity and O (1) in time complexity when t < n/3. Here “t” refers to the number of Byzantine nodes (on which any situation can happen, such as network delays, machine shutdowns, or malicious attacks) and “n” refers to the number of all nodes.

ACCOUNT MODELEvery account in the NASGO system consists of one passphrase, a pair of public/private keys and an address. Users can also set their own secondary secure code. Note that the difference with Bitcoin here is that each account is related to only one address, instead of multiple addresses and private keys related to one wallet as in Bitcoin.

Passphrase is a mnemonic used to produce a real wallet utilizing the BIP39 standard. The mnemonic is much easier for people to remember than other binary or hexadecimal characters. The way in which a passphrase is generated is to convert entropy using a multiple of 32bit encryption into several words, particularly in the NASGO system, the length of entropy is 128bit and it will be converted into 12 words. The passphrase, as a top-level password, is maintained by users instead of being published in public. Once a user loses their passphrase they would also lose the ownership of their account.

MULTI-SIGNATURESNASGO allows users to create a multi-signature group. A multi-signature group consists of several NASGO users, called group members. Transactions from multi-signature groups can be configured to require some or all signatories for approval. To achieve this, an (M) of (N) multi-signature architecture is implemented. All members of a multi-signature group (N) are added, up to a maximum of 16 signatories, and then the required number (M) of signatures needed to approve a transaction is specified. M must be greater than 1 and less than or equal to N. N is the number of members of the multi-signature group. Once you initiate a transaction from the multi-signature group, all members will see this pending transaction and decide whether to approve or ignore it. Once the required number of confirmations has been collected, the group will allow the transaction and submit it to the Blockchain. The owners of a multi-signature group may change the rules of the group at any time with the approval of at least M of the signatories.

CLIENTSa) NASGO Node (Windows, Mac OS, Linux): The full client is the best solution for super users, delegates and developers. It is available for

Windows, Mac OS and Linux. Though it is only possible to be a delegate with the Linux client, Lite

client users can connect to the full clients to access the network.

They can also use them to make API calls, if it is allowed by the full client owner. All full client users

download the Blockchain from each other through a peer-to-peer connection. DApp users can use

the lite client for accessing their installed DApps as well. The DApps API and the peer’s API are available

to developers. They make it possible to quickly and easily create JavaScript DApps using nw.js2 or

Electron3.

b) NASGO Lite (Web, Windows, Mac OS, Linux, iOS, Android):An ordinary user usually uses NASGO-Lite to manage his/her NASGO account. NASGO Lite can run on Windows and Mac OSX platforms. NASGO-Lite links with other nodes through HTTP protocol, which have several advantages: first, no Blockchain data downloaded would keep the volume small; second, no private keys are broadcasted to the network which makes it possible to make all types of trades since all the data will be signed locally.

The mobile client allows the user to access their NASGO account while on the go. It will be available for both iOS and Android and featured in the Apple and Google Play app stores. The backend infrastructure for the mobile client will mirror that of our desktop solution. The real change comes in the form of additions and tweaks to the user interface which will allow for a tailored experience on mobile devices. The app has been custom designed to provide a familiar and easy to use mobile interface, much like the Bitcoin or Banking apps you already use on a daily basis. It will also allow you to launch all of your favorite DApps from within the app itself. In the future, we plan to integrate device specific functionalities like the ability to utilize the fingerprint or retinal scan capabilities for added security on your account.

SYSTEM FEATURES13

13.2 PEER-TO-PEERWe are using a standard P2P network, which works on top of the http protocol, and uses json formatted data as a method of data inter-change. The P2P module captures the following information about each peer: Version, OS,IP,Port.

13.1 NETWORK FEESAll valid transactions in the network must be processed. Delegates process transactions and store them in new blocks. For this work, the delegates receive a fee. All transactions in the network must contain some type of fee as a spam countermeasure. The default network fee for sending an NSG transaction is 0.01 NSG. For example, a 100 NSG transaction includes an additional fee of 0.01 NSG for a total transaction cost of 100.01 NSG. The following is a list of fees for different types of transactions:

Sent for a spend transaction 0.01 NSG

Registering as an asset issuer 500 NSG

Registering a second passphrase 5 NSG

Issuance of an asset 0.01 NSG

Registering an asset 100 NSG

Register a DApp 100 NSG

Vote 0.01 NSG

Dapp Withdrawal (NSG) 0.5 %

Dapp Recharge (NSG) 0.5 %

Multi-signature (n+1)*0.5 %

ITEM FEE

14.1 ECONOMIC FREEDOM

Core tenets of economic liberty include property rights, lack of reliance on central authorities, privacy, and equality of opportunity. NASGO can advance each of these principles:

Property rights –

As mentioned above, NASGO can enable the safe digital storage and transfer of titles of ownership of virtually any asset. The permanence of record-keeping provides a kind of guarantee that may be completely novel in some parts of the world. In places that are particularly susceptible to government seizure of assets, a Blockchain based record keeping system leaves the possibility that wrongs can be righted. Imagine a dictator launches a successful coup in a small country, burning the physical records of land ownership and forcing people off their land and redistributing it to his cronies. If that regime falls, sorting out who owns what, could lead to chaos or even war. But if those records had been kept in a Blockchain, it would be far easier to go back and return assets to their rightful owners, who would hold their encrypted identities.

NASGO USE CASES14

Lack of central intermediaries –

Blockchain technology allows such a private currency to arise without a government or a private central entity to issue notes and establish trust. In fact, Blockchain transactions are often called “trustless,” meaning that two parties don’t have to trust each other or a central authority to conduct a transaction. This term is something of a misnomer, however, because trust naturally emerges from the system, bottom-up rather than top-down. Users of a platform could also agree in advance to use a mediation body to settle more complex contractual disputes.

Opportunity –

Many people in developing nations currently have no access to banking services, due to lack of supply or lack of verifiable identity. Blockchain provides a cheap, easy way to accomplish both from the ground up, with no redistribution of wealth. Putting these people, along with their work and ideas, on the financial map at little cost would only be a positive for the global economy.

14.2 MEDIA FREEDOM

We are basically living in an information age plagued by arbitrary censorship and digital amnesia, affecting every Internet user. Blockchain is a digital event registry shared by millions of computers connected across the globe. It transfers and stores confidential information in a permanent and anonymous safe space, without intermediaries. It can only be updated if most of the people included in the system agree to it, and, once entered; the information can never be deleted.

Blockchain allows us to create a historic reliable and rigorous, tamper-proof record of each content producer, and can also become an ally for the freedom of press in those countries where it is particularly threatened. “No government or institution can control Blockchain.”

14.3 FREEDOM OF COMMUNICATION

Most people are not yet passionate enough about security, privacy and decentralization. We in the modern world are trading privacy for security and every conversation, interaction or opinion will be recorded for eternity. That is a dangerous development.

We all should have a right to forget, a right to delete our foolish mistakes from the past so that we can mature in the future. With an ever-faster growing world, people will discover new demands and passions for more privacy and security. After the WhatsApp shutdown in Brazil in December 2015, and the active censorship of social media in China and Europe, people realize that their right of free speech has been compromised. They are hungry for a new decentralized messenger that cannot be shut down, cannot be censored, and is very hard to hack.

NASGO will be able to live encrypt and decentralize all voice-, video-, chat messages and wallets to protect our users.

ROAD MAP15

JUNE 2016-NASGO Alpha

JULY 2017-Basic development completed-White paper released

AUGUST 2017-NASGO TestNet released -NASGO Client

NOVEMBER 2017-Strategic Partner Program

2018 Q2-NASGO MainNet Released

USE COMMUNITY TO NURTURE CURRENCY

i. To make the NSG token and the NASGO Platform marketable, the first step we follow, is to find a community and build a currency around them, rather than building a currency and expecting everyone to show up. We focus on being sensitive to their needs and making it relevant to their cultural heritage and background.

ii. While already serving as a side chain for multiple projects and DApps, our community is increasing every passing minute and as they say “Word of mouth is the best marketing practice”, the number of miners and early adopters using our platform is growing immensely.

Given below are the community building strategies we aim to follow for NASGO:

MARKETING MANAGEMENT16

COMMUNITY BUILDING STRATEGIESSome of the mediums we use for community building include but are not limited to:

WORD OF MOUTH MARKETINGWe are at a huge advantage because of our already developed network. It is said that there is no marketing better than word of mouth. That means when you are apprised by someone you trust directly and you have a reaction and an experience which creates a result, good or bad, you naturally tend to share that result with others. Having already offered a fair share of NSG Tokens to our first endorsees, family and friends, principal advisors and the adopters through various exchanges, they are now committed to the cause and actively sharing those positive results with others.

CRYPTO EXPOThere are a growing number of Blockchain conferences and Expos offering education and awareness and strategies about the Crypto industry worldwide. To spread our message loud and clear to our potential clients and investors, we also create awareness campaigns all across the world and always participate as a Key-note speaker in crypto-expos. We sponsor a lot of mega events and our professional marketing team actively participates in these expos to ensure the maximum acceptance of NSG Tokens.

STRATEGIC ALLIANCESWe have partnered, and will continue to partner, with key merchandisers around the world and always look for alliances and strategic joint ventures with powerful and forward thinking new technologies and services in the Crypto space, as it is beneficial for both parties and helps enhance the acceptability and usability of the NSG coin.

CELEBRITY ENDORSEMENTSOur Tokenizing platform offers a phenomenal tool for celebrities and musicians to control and benefit in many ways, from content management and sales, to ensuring maximum and direct interaction and outreach to their fans and the general public. Endorsements by famous celebrities and conducting events and advertisements featuring celebrities from the music and film industry will continue to ensure greater visibility to the NSG coin and our NASGO platform.

AIR DROPPING AND AFFILIATE MARKETING POLICYWe also aim to conduct an Air Drop and launch an affiliate marketing policy for expanding our community and ensuring that our message is reached by the maximum number of people.

INTENSE DEEP CODING AND EDUCATING PEOPLE OF THE RISKS CONCERNED:We not only take care of the development end in terms of bug fixing and technical support, but are very committed to ensuring that the promises made at the project launch are kept. We consider it as a duty even a stewardship to educate people of the risks involved and give them the tools that they need to have in order to secure their wealth.

PRESS RELEASESPress releases are a tried-and-true method of getting your message out there. We aim to hire professional content and copy writers for writing press releases and add those releases to leading crypto news sites, bloggers, influencers and groups such as cointelegraph.com and so on.

SOCIAL MEDIA MANAGEMENT AND COMMUNITIESWe know that an essential part of any successful marketing plan is social media and community management. In that retrospect, we will be hiring dedicated community managers and moderators who would help the core team in moderating social channels such as Facebook, Twitter, Telegram, Reddit and Bitcoin talk etc.

ATTRACTING AND CONVINCING MERCHANTS:One of the most important aspects for a cryptocurrency is to market it so well that its holders have a place to spend it. We know our target group and have the best strategies in place, to convince even those merchants who are not yet aware of the crypto space. We aim to get this digital currency accepted as a mainstream payment solution in online shops to get their attention.

We believe that Blockchain technology could revolutionize the banking, financial, and transactional payment industries, and has a broad range of scope for disrupting and tokenizing traditional businesses. Like every revolution preceding it, Blockchain too is giving rise to fears of loss of jobs and removal of redundancy. However, also much like every revolution in the past — whether it was the development of agriculture or the invention of electricity, radio, television, the railroad or aircraft — each has ultimately made human lives better than before. Nasgo will revolutionize the process of Blockchain development, side-chaining, tokenization and most importantly decentralized apps. We are confident that given the capabilities the revolutionary Blockchain technology offers, the NASGO business model will play a significant role in the mass adoption of this technology and will pave a way for decentralized, trustless businesses in future.

CONCLUSION17

BLOCKCHAIN: A Blockchain is a continuously growing list of records, called blocks, which are recorded on a public ledger. Those blocks are then linked and secured using cryptography.

SIDECHAINA Sidechain is a designation for a Blockchain ledger that runs in parallel to a primary or main Blockchain. Entries from the primary Blockchain can be linked to and from the Sidechain; this allows the Sidechain to otherwise operate independently of the primary Blockchain.

CRYPTOCURRENCYA digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

TOKENCrypto tokens, sometimes referred to as coins, represent a particular fungible and tradable asset or a utility that is often found on a Blockchain.

DAPPDApp is an abbreviated form used for a Decentralized Application. A DApp has its backend code running on a decentralized peer-to-peer network. Contrast this with an app where the backend code is running on centralized servers.

WALLETA cryptocurrency wallet is a software program that stores private and public keys or addresses, and interacts with various Blockchains to enable users to send and receive digital currency and monitor their token balances and transactions.

TRUSTLESSUsers are not relying on trusting a third party, the system is automatic. User’s don’t have to send their coins to us. Private keys would be reserved with the respective users.

PoWProof of Work. An algorithm, which requires miners to prove through distributed consensus and typically consumes a lot of energy and is considered slower and more costly than other Posalgorithms.

PoSProof of stake is a typical computer algorithm through which a cryptocurrency achieves their distributed consensus using blocks or tokens at a lower cost and in a more energy efficient way.

APIA set of programming libraries and functions that allow outsiders to interact with a given system infrastructure.

ExchangeA community established exchange rate, assigning value to a given activity, token or service.

Atomic SwapIt allows any user on one Blockchain to ‘swap’ his asset with a peer he has never met on a completely different Blockchain

GLOSSARY18

PLEASE READ THIS DISCLAIMER SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT OF THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S).

This document is a whitepaper setting out the current and future developments of the NASGO Network and NASGO Platform. This paper is for information purposes only and is not a statement of future intent. Unless expressly specified otherwise, the products and innovations set out in this paper are currently under development and are not currently in deployment. NASGO makes no warranties or representations as to the successful development or implementation of such technologies and innovations, or achievement of any other activities noted in the paper, and disclaims any warranties implied by law or otherwise, to the extent permitted by law. No person is entitled to rely on the contents of this paper or any inferences drawn from it, including in relation to any interactions with NASGO or the technologies mentioned in this paper. NASGO disclaims all liability for any loss or damage of whatsoever kind (whether foreseeable or not) which may arise from any person acting on any information and opinions relating to NASGO, the NASGO Platform or the NASGO Platform contained in this paper or any information which is made available in connection with any further enquiries, notwithstanding any negligence, default or lack of care.

NASGO, its directors, employees, contractors and representatives do not have any responsibility or liability to any person or recipient (whether by reason of negligence, negligent misstatement or otherwise) arising from any statement, opinion or information, expressed or implied, arising out of, contained in or derived from or omission from this paper. Neither NASGO nor its advisors have independently verified any of the information, including the forecasts, prospects and projections contained in this paper.

Each recipient is to rely solely on its own knowledge, investigation, judgment and assessment of the matters which are the subject of this report and any information which is made available in connection with any further enquiries and to satisfy itself as to the accuracy and completeness of such matters.

Whilst every effort is made to ensure that statements of facts made in this paper are accurate, all estimates, projections, forecasts, prospects, expressions of opinion and other subjective judgments contained in this paper are based on assumptions considered to be reasonable as of the date of the document in which they are contained and must not be construed as a representation that the matters referred to therein will occur. Any plans, projections or forecasts mentioned in this paper may not be achieved due to multiple risk factors including without limitation defects in technology developments, legal or regulatory exposure, market volatility, sector volatility, corporate actions, or the unavailability of complete and accurate information.

This Whitepaper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. This Whitepaper does not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer by the distributor/vendor of the NASGO (the “Distributor”) to purchase any NSG Token nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or investment decision. The Distributor will be an affiliate of NASGO (“NASGO”), and will deploy all proceeds of sale of the NSG Token to fund NASGO cryptocurrency projects, businesses and operations. No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of the NSG and no cryptocurrency or other form of Payment is to be accepted on the basis of this Whitepaper. Any agreement as between the Distributor and you as a purchaser, and in relation to any sale and purchase, of NSG (as referred to in this Whitepaper) is to be governed by only a separate document setting out the terms and conditions (the “T&Cs”) of such agreement. In the event of any inconsistencies between the T&Cs and this Whitepaper, the former shall prevail.

DISCLAIMER19

No regulatory authority has examined or approved of any of the information set out in this Whitepaper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this Whitepaper does not imply that the applicable laws, regulatory requirements or rules have been complied with. There are risks and uncertainties associated with the NASGO Network and / or the Distributor and their respective businesses and operations, the NASGO and the NASGO Network Wallet ( each as referred to in this Whitepaper ).

This Whitepaper, any part thereof and any copy thereof must not be taken or transmitted to any country where distribution or dissemination of this Whitepaper is prohibited or restricted. No part of this Whitepaper is to be reproduced, distributed or disseminated without including this section and the following sections entitled “Disclaimer of Liability”, “No Representations and Warranties”, “Representations and Warranties By You”, “Cautionary Note On Forward-Looking Statements”, “Market and Industry Information and No Consent of Other Persons”, “Terms Used”, “No Advice”, “No Further Information or Update”, “Restrictions On Distribution and Dissemination”, “No Offer of Securities Or Registration” and “Risks and Uncertainties”.

To the maximum extent permitted by the applicable laws, regulations and rules, NASGO Network and/or the Distributor shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this Whitepaper or any part thereof by you.

NASGO may provide hyperlinks to websites of entities mentioned in this paper, however the inclusion of a link does not imply that NASGO endorses, recommends or approves any material on the linked page or accessible from it. Such linked websites are accessed entirely at your own risk. NASGO does not accept responsibility whatsoever for any such material, nor for consequences of its use.

This paper is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. NASGO and/or the Distributor does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in this Whitepaper.

No information in this Whitepaper should be considered to be business, legal, financial or tax advice regarding NASGO Trading Technologies, the Distributor, the NASGO and sale of NSG Coin on exchanges. You should consult your own legal, financial, tax or other professional adviser regarding NASGO Network and/or the Distributor and their respective businesses and operations, or the NSG Token. You should be aware that you may be required to bear the financial risk of any purchase of NSG Token for an indefinite period of time.

DISCLAIMER19

RESTRICTIONS ON DISTRIBUTION AND DISSEMINATIONThis paper is only available on www.NASGO.com and may not be redistributed, reproduced or passed on to any other person or published, in part or in whole, for any purpose, without the prior, written consent of NASGO Network. The distribution or dissemination of this Whitepaper or any part thereof may be prohibited or restricted by the laws, regulatory requirements and rules of any jurisdiction. In the case where any restriction applies, you are to inform yourself about, and to observe, any restrictions which are applicable to your possession of this Whitepaper or such part thereof (as the case may be) at your own expense and without liability to NASGO Network and/or the Distributor. Persons to whom a copy of this Whitepaper has been distributed or disseminated, provided access to or who otherwise have the Whitepaper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute this Whitepaper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur.

RISKS AND UNCERTAINTIESProspective purchasers of NASGO (as referred to in this Whitepaper) should carefully consider and evaluate all risks and uncertainties associated with NASGO Network, NSG Token, the Distributor, merchants and their respective businesses and operations. If any of such risks and uncertainties develops into actual events, the business, financial condition, results of operations and prospects of NASGO Network and/or the Distributor could be materially and adversely affected. In such cases, you may lose all or part of the value of the NSG.

RISK THAT THE NASGO PLATFORM, AS DEVELOPED, WILL NOT MEET THE EXPECTATIONS OF USER:The User recognizes that the NASGO Platform is under development and may undergo significant changes before release. The User acknowledges that any expectations regarding the form and functionality of the NASGO Platform held by the User may not be met upon release of the NASGO Platform, for any number of reasons including a change in the design and implementation plans and execution of the implementation of the NASGO Platform.

RISK OF SECURITY WEAKNESSES IN THE NASGO PLATFORM CORE INFRASTRUCTURE SOFTWARE:

The NASGO Platform rests on open-source software, and there is a risk that the NASGO or the NASGO Team, or other third parties not directly affiliated with NASGO, may introduce weaknesses or bugs into the core infrastructural elements of the NASGO Platform causing the system to lose NSG stored in one or more User accounts or other accounts or lose sums of other valued tokens issued on the NASGO Platform.

RISK OF WEAKNESSES OR EXPLOITABLE BREAKTHROUGHS IN THE FIELD OF CRYPTOGRAPHY:It is said that Cryptography is an art, not a science, and the state of the art can advance over time. Advances in code cracking, or technical advances such as the development of quantum computers, could present risks to cryptocurrencies and the NASGO Platform, which could result in the theft or loss of NSG. To the extent possible, NASGO intends to update the protocol underlying the NASGO Platform to account for any advances in cryptography and to incorporate additional security mea-sures, but it cannot predict the future of cryptography or guarantee that any security updates will be made in a timely or successful manner.

DISCLAIMER19

RISK OF NASGO MINING ATTACKSThe User recognizes that the NASGO Platform is under development and may undergo significant changes before release. The User acknowledges that any expectations regarding the form and functionality of the NASGO Platform held by the User may not be met upon release of the NASGO Platform, for any number of reasons including a change in the design and implementation plans and execution of the implementation of the NASGO Platform.

RISK OF INSUFFICIENT INTEREST IN THE NASGO PLATFORM OR DISTRIBUTED APPLICATIONSIt is possible that the NASGO Platform will not be used by a large number of external businesses, individuals, and other organizations and that there will be limited public interest in the creation and development of distributed applications. Such a lack of interest could impact the development of the NASGO Platform and potential uses of NSG. It cannot predict the success of its own development efforts or the efforts of other third parties.

RISK OF RAPID ADOPTION AND INSUFFICIENCY OF COMPUTATIONAL APPLICATION PROCESSING POWER ON THE NASGO PLATFORMIf the NASGO Platform is rapidly adopted, the demand for transaction processing and distributed application computations could rise dramatically and at a pace that exceeds the rate with which NASGO miners can bring online additional mining power. Under such a scenario, the entire NASGO Platform could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the NASGO Platform and NSG. Insufficiency of computational resources and an associated rise in the price of NSG could result in businesses being unable to acquire scarce computational resources to run their distributed applications. This would represent revenue losses to businesses or worst case, cause businesses to cease operations because such operations have become uneconomical due to distortions in the crypto-economy.

RISK OF TEMPORARY NETWORK INCOHERENCEWe recommend any groups handling large or important transactions to maintain a voluntary 24 hour waiting period on any NSG deposited. In case the integrity of the network is at risk due to issues in the clients, we will endeavor to publish patches in a timely fashion to address the issues. We will endeavor to provide solutions within the voluntary 24 hour waiting period.

DISCLAIMER19