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Naked Technologies

The World’s First Asset Backed Cryptocurrency

System with our own proprietary technology, a fully usable Debit Card that can be used in any ATM machine to withdraw cash, a peer to peer lending platform and a mobile Bank. The New Rich List which is fully owned by NKD Technologies funds NEW companies & Entrepreneurs and licenses them as NKD$ merchants which allows the company to accept and reward NKD$ to their clients and NKD$ clients across our business platform providing new businesses with new INSTANT customers with most powerful reward system ever developed...

2.2
1 0 expert ratings
Benchy 2.2
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Ended
Token
NKD
Price in ICO
1.0970 USD
Country
UK
ICO start
5th Nov 2017
ICO end
4th Dec 2017
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About Naked Technologies

NKD$ (NAKED Dollars) cryptocurrency, marketplace and the financial ecosystem as a whole is based on Metcalfe’s Law. The key element that we have focused on is the “network effect”. Metcalfe’s Law is related to the fact that the number of unique connections in a network of a number of nodes (n) can be expressed mathematically as the triangular number n(n − 1)/2, which is proportional to n2 asymptotically (that is, an element of Θ(n2)).

The law has often been illustrated using the example of fax machines: a single fax machine is useless, but the value of every fax machine increases with the total number of fax machines in the network, because the total number of people with whom each user may send and receive documents increases. Likewise, in social networks, the greater number of users with the service, the more valuable the service becomes to the community.

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