# Next Generation Network (NGN)

**Type:** Token
**Source:** [View on Coinpaprika](https://coinpaprika.com/ko/coin/ngn-next-generation-network/)

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## About

Next Generation Network (NGN) aims to provide a decentralized and scalable infrastructure for Web3 applications. Focusing on interoperability and efficiency, NGN seeks to address the limitations of existing blockchain networks. The project emphasizes a modular design, allowing developers to customize and optimize their applications for specific use cases. The NGN token serves as the native cryptocurrency within the network, facilitating transactions, incentivizing validators, and participating in governance. According to its website, the Next Generation Network is committed to building a sustainable and inclusive ecosystem, fostering innovation and collaboration among developers and users. The network aims to offer faster transaction speeds and lower fees compared to traditional blockchains. By leveraging advanced technologies, NGN strives to enhance the performance and usability of decentralized applications, making them accessible to a wider audience. The project also prioritizes security and transparency, employing robust cryptographic techniques and open-source development practices. The Next Generation Network seeks to empower individuals and organizations to create and deploy innovative solutions on a decentralized platform, driving the adoption of Web3 technologies across various industries. The NGN project promotes itself as a versatile platform suitable for a wide range of applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and supply chain management. The network's architecture is designed to support high throughput and low latency, enabling seamless user experiences. Furthermore, NGN emphasizes community involvement, encouraging users to contribute to the development and governance of the network. Through its innovative approach and commitment to decentralization, Next Generation Network aims to play a significant role in shaping the future of the internet.

