JOIN ONE OF THEM, CREATE CRYPTOCURRENCIES, PARTICIPATE MAKING PROSPER COMMUNITIES ON NATIVE PLATFORM

changevictory (39)in #cryptocurrency • 6 years ago (edited)

THE MORE VALUES COMMUNITIES RESERVE, THE EASIER THEY PROSPER

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Human beings live in communities, we are born, we grow and we develop in them; From the cradle to the grave all our activities, skills and possibilities happen within them. But, it is important to emphasize that we will be more or less happy and successful while more freely we integrate to any of them. There is so much diversity of communities as variety of human activities, thoughts, beliefs, tastes and qualities. Profitable individual creations acquire true relevance when communities are favored and empowered with them, at the same time they reward and protect them by facilitating what they need to strengthen projects and mutual aspirations, both collective and individual. In this way, people and communities come to build wealth and technologies. At the same time, communities need apprentice to safeguard such wealth and know-how.

Any basic text of economics explains that money works as unit of account, medium of exchange and reserve of value for goods and services that every individual, any community and society in general need. The currency is the material representation of money; in the ancient world there were as many currencies as peoples with capacity to issue them; but with the emergence of modern states their governments were centralizing and stripping the communities of such issuing.
As we produce goods and services through our work, technologies and experience, we add value to the materials and processes we work with and this added value generates wealth. But most of that wealth generated we deliver within national and international currency when we cancel goods and services from producing of other communities or nations.

NATIVE-NTV BRINGS BACK COMMUNITIES CAPACITY TO ISSUE MONEY; THAT IS CRYTOCURRENCIES ON THE BLOCKCHAIN

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When a community develops a local economy and has a local currency, its members can preserve the wealth that they create with their work. The baker sells to the seamstress and she provides clothing to the farmer who supplies the baker with meat. All of them add to their production costs the value of their work and in this way generate an added value that is stored in their local currency. The more they use their currency, the more wealth they generate.

Exactly that is the mission of Native Project, a Decentralized Application (DApp) Ethereum-based blockchain:

Native-NTV provides the fundamental structure for valuing and operating Communities through their own local currencies and a set of decision-making tools; in addition Native-NTV provides templates which suit various types of Communities’ needs to ensure that even those with limited economic and technical knowledge can participate in emerging financial ecosystems.
Native-NTV provides the fundamental structure for valuing and operating Communities through their own local currencies and a set of decision-making tools; in addition Native-NTV provides templates which suit various types of Communities’ needs to ensure that even those with limited economic and technical knowledge can participate in emerging financial ecosystems. Communities are the building blocks of Native-NTV . Any local or digital collective who gather around a common interest or mission can create a Community on Native-NTV .

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The growth and development of the blockchain involves the creation of multiple cryptocurencies adapting to different use cases. As long as such cryptocurrencies remain disconnected from each other their trading activity becomes difficult, which makes it almost impossible for small-scale cryptocurrencies to be convertible and thriving. Communities incorporated in the Native-NTV platform that create their own cryptocurencies overcome this difficulty with the incorporation of the Bancor Protocol which interconnects tokens, calculates autonomously and instantly their prices, allowing a rapid exchange between any two of them.

Bancor is a network that allows users of DApps to convert between two tokens of any choice like an exchange but without any counterparty, at algorithmically calculated rates. Which allows autonomously and within a decentralized way exchanges.

How tokens work within Native-NTV?

Tokens within Native are deployed as Smart Tokens - meaning they hold a reserve in a base Token. This reserve, plus an autonomous market-making algorithm allows users to convert between any two Tokens within Native at a transparent and fair market value. This is completed without a second party on the other side of the transaction utilizing the Bancor Protocol. These Smart Tokens utilize a continuous token model, meaning they mint and destroy tokens as users interact with the Smart Contract. This is an alternative model to setting an arbitrary number of tokens initially and keeping the supply stable.

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Native-NTV is an Ethereum-built platform that allows communities that have joined this platform to create their own cryptocurrencies, which other people can buy them and also join that community. With the funds they generate, they finance projects that they approve through a system of decision making (polls) and control of tasks (Templates) that Native-NTV puts at their disposal; without much expertise required to operate within the Native-NTV platform.
Two other important elements available on the Native-NTV platform are Metamask wallet and its compatibility with the Brave and Cipher Browser, which are also DApps Ethereum Blockchain-based. Which ensures a safe handling of the funds of each community and individual and an Internet browsing through a search engine that does not save or sell your personal data or manipulate your searches on the network.