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NGS Crypto is an Authorised Reseller of NGS Group Blockchain Mining Packages

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What Are Crypto Assets

Digital Assets, Cryptocurrency & Blockchain Explained

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3 Reasons To Subscribe With NGS Group

1. Earn Up To 16% A Year

With our flexible blockchain mining packages, members can earn between 6-16% per annum.

2. Fixed-Rate Returns

Member returns are locked to a minimum-fixed rate, paid daily into your NGS Group account.

3. We Return Your Capital

At the end of your term, NGS Group will return you 100% of your initial investment amount.

What Are Cryptocurrencies and Why Do They Have Value?

Since their inception in 2009, Digital Assets sought to do 1 thing; provide an alternative solution to the traditional finance and money system globally. In the wake of the 09 ‘Global Financial Crisis’ the devastation of debt-fuelled economies ravaged billions of people, and businesses worldwide; creating a catalyst for a new asset class that would provide an alternative solution to the way we transact and use money. 

While the use cases have developed over time, the underlying value of all Digital Assets remains the same: Digital Assets create a way for 2-parties (ie people) to exchange value, without the requirement of a trusted 3rd party, such as a bank or platform, to facilitate a transaction. This is done using a revolutionary form of technology known as a ‘blockchain’. 

The technology, which underpins all Digital Assets, can be applied to everything from putting fuel in your car, to paying your rent – or even to greater transactions like buying a house, vehicle or other asset. So what reason would anyone have to use this technology over existing methods?

 

Resources To Better Understand Crypto Assets:

NGS Crypto recommends reading and understanding the following documents, issued by the Australian Securities & Investments Commission (ASIC) as a reference point of fair and balanced information:

ASIC Consultation Paper (CP 343)

Australian Government National Blockchain Roadmap 

Over time, thousands of Digital Assets have been created, evolving to serve 3 major functions:

01
02
03

8-Features of Cryptocurrencies:

Global Reach
With no limits on payments or transactions, any 2 parties can exchange value any where in the world.
Accessible
These transactions can take place anywhere, as long as there is an internet connection.
High-Speed
Rather than having to wait days or weeks for bank transfers or other 3rd parties (like Western Union) to approve and transfer funds – transactions can be completed in minutes or even seconds.
Secure
Blockchain technology is underpinned by ‘cryptography’ which secures all transactions. This technology is effectively ‘hack-proof’ and can only take place if a user authorises a transaction with their account keys.
Permission-Less
As these transactions are validated by a series of hundreds of computers, rather than 1 central entity, there is a much greater level of accuracy in transactions. By diversifying the level of trust, Blockchain creates a ‘permission-less’ form of transactions, that is governed by mathematics, rather than man
Decentralised
Rather than being controlled by Governments, banks or other financial institutions, Blockchain networks are not ‘owned’ but rather ‘run’ by thousands of equal members – giving a lower risk of manipulation or dictatorship and a greater sense of democracy and equality.
Pseudonymous
As an address is not linked to a person, there is a level of ambiguity in transacting. While this can be miss-used to transact illegally, its intention is to allow a greater level of privacy to the consumer.
Digital
As the assets themselves are Digital, there is no physical transaction required. This gives greater security from theft, as well as, simplifying the exchange – as it transitions from physical to mathematic-based transfer.

Risks Of Cryptocurrency

In relation to the risks of crypto-assets, NGS Crypto PTY LTD recommends ASIC Consultation Paper (CP 343) as a source of fair and balanced information.

In addition to this, we also recommend that consumers are aware of the following potential risks when owning or investing in cryptocurrencies.

  • Market risk – historically, crypto-assets have demonstrated that their investment performance can be highly volatile and there is a risk they could have little to no value in the future;
  • Pricing risk – it may be difficult to value some crypto-assets accurately and reliably for reasons including the nature of their trading, susceptibility to manipulation, and a lack of identifiable fundamentals. Some crypto-assets may be purely speculative assets;
  • Immutability – most crypto-assets are built on immutable blockchains, meaning that an incorrect or unauthorised transfer cannot be reversed and can only be undone by the recipient agreeing to return the crypto-assets in a separate transaction;
  • Political, regulatory and legal risk – future government and/or regulatory action may affect the value of crypto-assets.
  • Custody risk – Private keys to crypto assets may/can be lost or compromised, resulting in crypto-assets being inaccessible or accessed by unknown third parties without authorisation;
  • Cyber risk – because of the nature of crypto-assets, they are more susceptible to cyber risks than other asset classes;
  • Environmental impact –  some crypto-assets have a large environmental impact (such as electricity consumption in mining), and this may raise other risks, such as increased regulation or negative market sentiment, which could affect the value of crypto-assets.
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Disclaimer

NGS Crypto is an authorised reseller of NGS Group blockchain mining packages. The information presented on this website (https://ngscrypto.com) is general information only. It should not be taken as constituting professional advice from the website owner – NGS Crypto PTY LTD (NGS Crypto). Any information regarding past performance and returns contained on this website should not be construed or interpreted as a prediction or opinion as to future performance and returns. NGS Crypto is not a financial adviser. All views and observations expressed by NGS Crypto on this website are for information purposes only, are general in nature and should not be treated as investment or financial advice of any kind. Before making an investment in crypto assets, you should consider seeking independent legal, financial, taxation or other such professional advice to check how the information on this website relates to your unique circumstances. NGS Crypto is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website. You can view our full terms & conditions by clicking here.

NGS Crypto is not affiliated, associated, authorized, endorsed by, or in any way officially connected with this NGS Super (ABN 73 549 180 515).

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NGS Crypto is an Authorised Reseller of NGS Group