A Rewards Platform is a Blockchain-based solution for keeping track of customer reward points, creating a shared transaction ledger between all involved brands.

Thanks to blockchain technology, users can now own digital commodities, assets, and data. In addition to being a trusted and stable technology, a global distributed digital ledger ensures transparency for all network participants. In addition to leveraging smart contracts, both proposals, Smart Contract-Based Crowdfunding and Rewards Platform, have taken advantage of the capabilities of Blockchain.

NAKA is affiliated with Upstream, a Horizon-powered regulated stock exchange for digital securities, eligible fan-driven assets classes will be able to trade in real-time from a user-friendly trading app.

Through NAKA’s affiliation with Upstream, a Horizon-powered regulated stock exchange for digital securities, you will have the highest levels of INVESTOR PROTECTIONS and TRANSPARENCY.

Upstream, a MERJ Exchange Market, is a fully regulated global stock exchange for digital securities. Powered by Horizon’s ERC-20 smart contract matching engine technology, the exchange enables investors to trade shares in IPOs, athlete/ celebrity ventures NFTs, and other unique asset classes directly from the Upstream app. Investors can fund their Upstream trading account using PayPal, Credit, Debit, USDC stablecoin on Ethereum or traditional bank (fiat/legal tender) payments such as ACH in the U.S., or a wire transfer of funds in the U.S. and internationally.

Upstream app layout

The Upstream app is made up of five separate tabs that can be selected by tapping the relevant icon at the bottom of the app screen:

1) Market: This is where Upstream traders can find securities to buy and sell. The NFT market can also be found here to browse NFTs to buy and sell.
2) Portfolio: This is where your securities and funding balances are shown, your purchased or claimed NFTs, along with your investment performance/return.
3) Orders: This is where your currently open orders, and your previous orders are shown.
4) Investor: This is where you can fund your account, browse upcoming NFTs, claim NFTs from Airdrops, browse IPOs, and update personal details.
5) Me: This contains your wallet and various technical and user settings for the app.

All of these screens can be updated by dragging down on the screen, a “pull to refresh” motion.

Upstream is a MERJ Exchange market (MERJ). MERJ operates a fully regulated and licensed integrated securities exchange, clearing system and depository for digital and non-digital securities. MERJ is an affiliate member of the World Federation of Exchanges (WFE), a member of the African Stock Exchanges (ASEA), a member of the Committee of SADC Stock Exchange (CoSSE), a full member of the Association of National Numbering Agencies (ANNA) and a Qualifying Foreign Exchange for OTC Markets in the U.S. MERJ became one of the fastest growing exchanges in 2020 by disrupting the traditional stock exchange model.

MERJ is overseen and regulated by the Seychelles Financial Services Authority (“FSA”) which is the securities and other non-banking financial services regulator in the Republic of Seychelles. The Seychelles FSA is also the primary regulator for anti-money laundering compliance and works closely with the FIU to implement and ensure adherence to OECD Financial Action Task Force (FATF)

Investors of all levels to participate worldwide. To create an account, you’ll need to meet the following basic requirements:

Investor requirements
18 years or older
Mobile/cell phone, capable of receiving SMS
Email address
National, or state, Photo ID

U.S. person additional requirement
Social Security Number

Non-U.S. person additional requirements
Tax Identification Number

Funding requirements

If funding with a national currency, a bank account allowed to send money to a U.S. bank
If funding with USDC, an Ethereum mainnet wallet/address

*Trading not available for citizens of countries restricted by the Office of Foreign Assets Control (OFAC), Financial Action Task Force (FATF) identified high-risk and non-cooperative jurisdictions, and other high-risk jurisdictions, designated at the sole discretion of Upstream.

Everyone 18 or older can purchase or claim NFTs.

Buy and sell shares, NFTs, dual listed securities, celebrity/athlete ventures, crowdfunded companies and other unique assets on the Upstream trading app.

Upstream is operated as a regulated stock exchange by Horizon Globex GmbH (Horizon) and is powered by Horizon’s ERC-20 smart contract securities ecosystem running on an Ethereum layer-2 optimistic-rollup proof-of-authority blockchain. 7 years in the making, Horizon’s tech. stack offers a one-stop shop from securities issuance through to secondary trading and settlement. The Horizon trading technology suite covers issuance, onboarding KYC/AML, cap table management, dividend payment, regulatory compliance and listing for secondary trading on Upstream.

Learn more at: horizonfintex.com

We aim to unlock liquidity for investors of all levels on our investor-driven, app-based market. On the surface, NAKA offers global investors a real-time, secure, and intuitive trading app. Under the hood, NAKA introduces what we believe to be the future of securities and NFT trading featuring some of the highest levels of transparency, accessibility, and investor protections enforced using blockchain technology. These innovations include taking traditional equity and converting it to tokenized equity, offering shares on a public orderbook, and preventing predatory market practices like short selling and wash trading.

Signing up for NAKA account is easy. Simply go to our website and follow the instructions on your screen. Begin browsing available opportunities immediately. Trading and account openings are only available through our app. This allows the greatest level of security for your account access using the biometrics on your smartphone.

To begin trading, you will be prompted to complete the account opening process, which we’ve made as fast and frictionless as possible. Complete a few pieces of personal information, snap a photo your ID, then we’ll verify your data, and let you know how fund your account all from the app. Once approved, you can fund and begin to invest in available quoted securities or deposit your approved shares for resale.

What to have handy:

Photo ID such as a driver’s license or passport
Social Security Number (U.S.), or Tax Identification Number (non-U.S.)
Personal bank account info., or Ethereum address

NAKA works in a fully regulated marketplace. Verifying that you are who you say you are is legally required in order for you to trade safely and securely. This is to prevent money laundering, illicit activity, and bad actors from entering our Upstream community.

We ensure all your personally identifiable information is secure and in accordance with the most stringent global data protection rules. In fact, all data submissions awaiting review are kept in memory in an auto expiring cache and identity verification is never outsourced to a third party.

NAKA will support securities offerings tied to fan-driven asset classes including athletes, sports teams, celebrities, and musicians that may become immediately eligible for secondary trading.

An NFT is a non-fungible token. A NAKA NFT token meets the following criteria, and any additional criteria that may be laid down by a directive in the Clearing Agency or Securities Facility rules;
is delivered by electronic means, and in respect of which all requisite approvals being provided where necessary.
is held on a non-fungible basis.
is auctioned inside the Upstream NFT Marketplace, as determined by MERJ.
is subject to being distinguished by a token-identifier.
is not subject to any restrictions on foreign ownership, unless otherwise agreed to by MERJ, and
is not subject to any restrictions on transferability, unless otherwise agreed to by MERJ.

NFT technology will profoundly impact various industries like film, music, gaming, concert, ticketing, design, etc. NAKA was created to fully enjoy your passion for your favorite artist, games, movies, and more. 

A Smart Contract is a Blockchain-based option contract between two or more parties written as code. The people engaged remain anonymous, but the ledger is open to the public. When a triggering event occurs, such as a product purchase, the Contract executes itself according to the specified terms. Regulators can utilize the Blockchain to analyze market activity better while keeping individual participants’ positions private. It is self-contained and improves transparency, security, accuracy, speed, and efficiency while lowering transaction costs.

A Smart Contract aims to provide additional security while making a transaction and reduce any unnecessary or surplus transaction. Smart Contract-based Crowdfunding and Reward platforms have successfully harnessed smart Contracts and offered a reasonable solution to the users.

Equity crowdfunding is a capital raising method typically utilized by startups and small businesses, whereby a company raises capital by selling securities (shares, debt, or other ownership rights) to a large number of customers and fans.

In Crowdfunding, a smart contract is a self-executing agreement between investor and fundraiser, platform and user, or between other parties, depending on which process needs to be automated and put into the blockchain ecosystem.

Crowdfunding Powered by Blockchain is the Solution

The answer to all of the challenges faced by contributors in Crowdfunding. It’s a Blockchain-based crowdfunding platform that uses blockchain technology, a decentralized platform that uses smart contracts to install contracts on the Blockchain. Contributors to Reach Your Goal have complete control over the money they contribute.

How it works: A Smart Contract is created and installed on Blockchain.

According to the terms of the Smart Contract, the campaign’s money is released upon completed benchmarks in terms. 

The platform’s most significant benefit is improved visibility into a project, which benefits all parties involved, including creators, backers, community, and platform administrators.

What are the benefits of using smart contracts for Crowdfunding?

• Transparency
• Higher speed
• Better liquidity 
• Enhanced security
• Faster funds disbursement