NAGA Coin vs Tezos (XTZ) Comparison

NAGA Coin (NGC) is a utility token launched by the Germany-based fintech company NAGA Group AG. This token is used to connect the NAGA ecosystem with the outside asset markets. NAGA is used for trading in-game goods. In December 2017 the company raised a whopping amount of $50 million in the ICO. The NGC coin appeared on the market the same year on Christmas eve peaking at $4.33 on December 31. At the time of writing this article (December 2020), the asset is traded at around 5 cents with a market cap of over $4 million. NGC is available on NAGAX, HitBTC, Bittrex, and Sistemkoin.

Tezos is a smart contract platform with its own blockchain and a native token (Tezos, XTZ). The governance is performed via Proof-of-Stake algorithm. It means that stakeholders (those who own at least 10,000 XTZ) vote for changes in the protocol. These validators ("bakers") get rewards for the performance of validation. The rewards are generated via inflation. Those who delegate their XTZ to bakers can earn, too. Tezos has a built-in "self-amendment" mechanism which makes it possible to shape the network without having to make forks. It keeps the community united and makes development process easier.