NGN Coin (NGNC)

Bridging Africa's internet of value with a digital Naira stablecoin

FULLY RESERVED

Always redeemable 1:1 for Nigerian Naira

NGNC amount in circulation:
4 033 760 NGNC
NGNC Across Blockchain networks
Allocation
2,050,000

.                               

1,704,761

.                               

200,000

.                        

78,999

.                               

Last updated on 14th August 2022 (06.02pm GMT+3).

NGNC is transforming global finance

NGNC is part of a global ecosystem that spans traditional and crypto commerce. Created by LINK, a fintech company, NGNC is built to be trusted, widely accepted, and highly liquid digital naira.


₦4.03M
IN CIRCULATION TODAY


84
NUMBER OF HOLDERS

$2.8M
PRICE TRADING VOLUMES FROM JANUARY 2022
ON - CHAIN TRANSACTIONS IN 9MONTHS (STEALTH)


7.1K


50+
NUMBER OF SUPPORTED
COUNTRIES

NGNC: Future of Africa's digital

GDP growth.

BUILT FOR ADOPTION
By partnering with more wallets, exchanges, platforms, protocols, apps and service providers. There is and would be a wide usage for payments, enabling more frictionless value exchange for people and businesses across the world with Africa.

BUILT FOR GROWTH
Developers can build on NGNC to drive projects that impact businesses and communities around Africa. Using NGNC can help you enable your users and customers to exchange and deliver value more easily.

DECENTRALIZED FINANCE (DEFI) |
CENTRALIZED FINANCE (CEFI) | DIGITAL ASSET TRADING
TRADITIONAL AND CRYPTO-NATIVE BUSINESSES
GLOBAL PAYMENTS AND REMITTANCES
INDIVIDUALS

Enabling digital-native payments & treasury

Experience the power of
Multichain NGNC

Multiple chains.
Multiple rails.

NGNC is available on many of the world's leading blockchains, with more chain integrations expected. We’re building a network of possibilities for NGNC.

The NGNC Edge

Redeemable one-to-one
Convert NGNC to equivalent Nigerian
Naira at any time. LINK offers unparalleled assurance to customers that their NGNC
is backed one-to-one by the Nigerian Naira.
100% Reserved
NGNC reserves are held in cash and cash equivalents, meaning that customer funds are always kept safe and available for redemption by regulated banking partners.
Why use a digital naira
stablecoin?
Digital money for the digital age
NGN (Naira) Coin (NGNC) represents a major breakthrough in how we use money. Digital Naira works like other digital content — they move at the speed of the internet, can be exchanged in the same way we share content, and are cheaper and more secure than existing payment systems.And more intrestingly it makes the Naira more globally traded connecting Africa to the world.

Trust, transparency and compliance
NGNC is fully backed by cash and equivalents, so that it is always redeemable 1:1 for Nigerian Naira. Each month, we publish attestation reports regarding the reserve balances backing NGNC.

Send money easily and safely
NGNC gives customers the ability to store and send Nigerian Naira with freedom, unrestricted by the limits of traditional banking. Move money instantaneously, anytime, across borders and very importantly swaps to global currencies and back for more FX Liquidity.

Available to anyone
With only a mobile phone, you can create an account with any of our trusted partners and use NGNC to store and send money or access markets. NGNC provides financial access to everyone – even the billion adults in Nigeria and Africa without bank accounts.

Infrastructure built
on the blockchain

The NGNC infrastructure is managed by LINK.IO LTD UK, a Cross border payments solution provider. NGNC is live on many of the world’s most powerful and innovative blockchains, with additional chain integrations expected. This broad, native availability and the ability to seamlessly swap across the ecosystem means developers who build with NGNC can extend their reach especially across the african continent.

SEE WAYS TO ACCESS NGNC

Attestation Report

What is Naira Coin (NGNC)?

NGNC for Naira Coin is a stablecoin pegged 1:1 in value to the Nigerian Naira built for Cross border payments and the future of internet of value for the next billion Africans.

What blockchains support NGNC?

NGNC is natively supported on Stellar as a native asset, Polygon as an ERC-20 token and Solana as an SPL Token.

What is a stablecoin?

A stablecoin is a blockchain-powered digital currency that combines the benefits of open, borderless cryptocurrency with the price stability of traditional fiat currencies.

How much is NGNC worth?

Each NGNC is worth ₦1.00, and is always redeemable on a 1:1 basis for Nigerian Naira.

How much NGNC is in circulation?

Check here for updated numbers

How do I buy NGNC?

NGNC is built on top of the Stellar Network, Polygon and the Solana blockchain, and is currently managed by LINK.IO LTD (United Kingdom). Businesses looking to utilize NGNC in an internet-native way can leverage  to complete card payments,transfers and other types of payments that settle a digital or hardware wallet, as opposed to fiat currency in a bank account.

Where can I store NGNC?

NGNC can be stored in wallets like Lobstr for example natively known to Stellar, and then native wallets/dApps built on Solana and Polygon.

How does NGNC work?

NGNC is built on top of the Stellar Network, Polygon and the Solana blockchain, and is currently managed by LINK.IO LTD (United Kingdom). Businesses looking to utilize NGNC in an internet-native way can leverage  to complete card payments, transfers and other types of payments that settle a digital or hardware wallet, as opposed to fiat currency in a bank account.

Download

Get started by opening a
free LINK Account.

Access NGNC for payments, trading & DeFi. Earn Yield on your USDC with NGNC.
GET STARTEDCONTACT SALES
NGNC smart contract

NGNC is available on the ether polygon
network. Support and integrate the NGNC smart
contract with any Web3 project or decentralized
application. For more info.

2022 LINK.IO Ltd. All Rights Reserved.

© LINK.IO Ltd is a company registered in England and Wales with the registered
company number 13581834 and its registered address at 2 Fredrick Street,
Kings Cross, London, United Kingdom, WC1X 0ND as a Financial intermediation
not elsewhere classified Company.

LINKIO.Global Services Ltd. with company number 1820023 and LINK.IO Ltd
Nigeria with company number 1820652 are duly registered with the Corporate Affairs Commission Nigeria with
the company registered Address at Plot B30, Federal Housing Estate,Idoro,
Akwa-Ibom, Nigeria.

LINK
is a Financial Technology company. LINK offers its products and services in partnership with licensed transmitters in their respective jurisdictions.

Digital assets are subject to a number of risks, including price volatility. Transacting in digital assets could result in significant losses and may not be suitable for some consumers. Digital asset markets and exchanges are not regulated with the same controls or customer protections available with other forms of financial products and are subject to an evolving regulatory environment. Digital assets do not typically have legal tender status and are not covered by deposit protection insurance. The past performance of a digital asset is not a guide to future performance, nor is it a reliable indicator of future results or performance.