When bitcoin white paper was firstly introduced as of 2008, the world was facing one of the largest financial crisis in history. The proposal of the project bitcoin stipulated their major attribute to the financial system which was decentralization through blockchain and Cryptocurrency. source
Now, Cryptocurrency is seen to have attained popularity over the years where over 1500 Cryptos and tokens are in present in this world today. Due to the efficiency of this technology which allows unification of a currency in blockchain and also, terminate middle men before transaction can be made placed a piece of cake on Cryptocurrency which allowed people to become attracted to it. This has led to an immense adoption of various tokens and currencies by people, organisation or communities to own their currency which serves majorly as their unique identity.
But, not all entity or so called communities have the total knowledge in having a currency or token to operate within their circles and that is why native is structured for.
What is native?
Native is a decentralized podium that gives community or help communities to build their very own token or currency which allows them to make decision as a group and perform other operations within and outside the community. This token or distinct currency shows their membership and allows them to share their interests thereby supporting various projects or several communities that might interest them outside the confines of the society. source
Native enable people with similar like minds and goal to come together and form a community with a unique characteristics of generating their own currencies or tokens. Also, individuals can also join communities by possessing their currencies too just by mere exchange of the native token to the community currency.
How does Native Operate
The way native operate is based on the ecosystem which comprises of a lot of factors. Which are:
These factors involves the currencies that circulates this platform.
The NTV(native) token:this token is simply the base token for native. Like dollar is the exchange currency for most countries, it is the same native tokens serve as a medium of exchange to various community currencies.
The Community Identity:this identity is simply the community currencies which is used take a collective decision has a community and perform other operations activities. This token enable communities to fund projects and goal best know to their interest. Tokens can be allocated or delegated to other communities on native which would first have to be exchange to the base currency before exchanging it to the respective community.
The Gains associated with Native
Native as redefined the way community will operate. Community with their currency is one attribute that is highly valued where community can make a unified decision with their respective currency. This aspect of operations allows the smoothness of activities performed daily on native. Native is also advantageous on the way and manner they operate where people can find and create their various community. The non technical communities would pursue their interests in an advanced manner with the use of their currency.
In conclusion, Native is making activities by communities better and enhanced especially with the introduction of their distinct currency.
