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Nasgo Is A Game Of Skill
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NASGO is truly unique because of the multiple factors bringing liquidity to the stock market. Liquidity is the single most important factor in any market places for prices to increase.
The synergy between the Wenyard network marketing program with its real time bonus system and the way this is linked to the NASGO stock market game creates instant liquidity as part of the bonus is paid to a Mandatory Account where fund must be used in the game.
The strong marketing power from thousands of active players being rewarded to create interest and activity in the NASGO game of skill is a strong reason why NASGO has potential for growth beyond most other online games or virtual financial possibilities.
NASGO Stock Trading
As a part of registration in Wenyard, members will receive WFO (Wenyard Future Options) The amount of WFOs depend on which package the member has purchased. These WFOs can be used to purchase stock from any NASGO listed company or from the NIF.
From the real time Wenyard bonus payment, 30% of the bonus is placed in the member's Mandatory Account.The member may purchase any stock listed on NASGO or parts in NIF using funds from the Mandatory Account.
If the member has not made such purchase within 7 days from the time the funds were deposited into the Mandatory Account, the game will automatically purchase NIF parts for the money.
All purchases made by WFOs or from Mandatory Account are escrowed for 30 days. Members can use Account Balance to purchase stock from any listed company on NASGO. Stock purchased from Account Balance can be freely traded and is not subject to any escrow systems.
NASGO Index Fund (NIF) invests in stock in the NASGO listed companies. The investment portfolio seeks to mirror the combined performance of the listed companies.
NIF monitors the changes in value and volume in each of the listed companies and make decisions on an hourly basis on the selling and buying of stock in order to reflect the overall performance.
The price for a part of NIF will be based on the Index. The Index will start at 100 when the game opens and be adjusted hourly based on the NASGO Index Fund performance.
There is a 2% per month maintenance fee for NIF accounts.
NASGO Selling and Buying List
For each company there will be a list of the selling bids and the buying bids.
For those who wish to buy stock, they can choose to buy from the selling list or they can enter a buying bid to the buying list.
For those who wish to sell stock they can choose to sell by accepting a bid on the buying list or they can enter a selling bid on the selling list.
All transactions, selling and buying, are subject to a 2% fee.
NASGO Stock Weighting
NASGO stock will be subject to a weighing process based on input from several parameters in the real financial world as well as information given in newsletters about fictional corporate developments.
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