Introduction

Native is an Ethereum-built platform that allows individuals with common interest to meet and achieve their set goals.and goals.

Now existing social media would have come to the rescue in this technology age but they are build to help people find friends or who they like whereas a community can only exist when we have people of like minds coming together to achieve a certain goal. Native communities are built on this principle of helping people of like minds to meet and raise an economy to actively support their visions and help them reach their goals. Lets dive deeper into what the Native platform entails.The mental part has a lot of strength, when what we do we put interest, dedication, and if done in a group this collective mind makes true miracles.

Native, a platform built by Ethereum that allows communities to generate their own unique token currencies and efficiently manage their resources through collective decision making tools. Native empowers communities to realize their inherent value in a global economy and unlock the power of the collective to generate widespread impact and prosperity.

Creating a community on Native

Interestingly enough, any local or digital collective who gathers around a common interest or mission can create a community which can be administered by a curator elector by the members of the community via a simple poll. Just like the members curators have some shared responsibility within the community and can be replaced if necessary

Curators :

• The administrators of Native communities
• Have the deepest knowledge of the community’s initial vision
• Are a filter to ensure only beneficial content is added for members to view and vote on
• Approve or deny work created by community members

Native Ecosystem

In order to understand the Native Ecosystem we have to look into the details of modality of how the interaction between the community and Native happens and also how the interaction of between the individual with the community happens from economical point of view.
Native comprises of a number of communities and for all the communities the base currency is NTV and this NTV holds a reserve which is convertible to all other tokens of the communities.

So when a conversion takes place the funds are sent to the converter and split between Native Fund, Native Converter and Native Reserve Balance. This split is intended to ensure fair pricing of the token.

Similarly the communities currencies are generated and again initial splitting is done in a similar way to that of Native Token Conversion. Here the split is between Community Fund, Converter and Reserve.

Community token

This is a unique token for each community on the Native platform. This community token is deployed as Bancor Smart Token and can be converted to another community token within Native using the Bancor Protocol. Purchase of this token by new members joining the community generates funds for the community. Revenues gotten from community actions can also generate funds for the community. These funds aid the growth of the community. The funds can be used in running projects and tasks in the community.

Network Currency:

Every people group on the NATIVE stage has it's very own exceptional cash. This cash has some essential capacities. In any case, extra functionalities could be included by the network, if necessary, in an autonomous way. Some essential capacities incorporates:

Medium of trade

Enrollment – for a client to wind up an individual from a network, NATIVE tokens must be changed over into network monetary standards. The quantity of network monetary standards required is indicated upon the production of the network by the Curator. Arrangement of Interest – all networks have a similar base money, or, in other words token. This implies there is an arrangement of enthusiasm between networks in the NATIVE stage. To additionally support this arrangement of intrigue, networks can assign some portion of their locale cash to different ventures or potentially community(ies), either by a token swap, or by buy.

The Debacle around community

Community is the basis on which we interact with one another, yet it seems that finding people to build a community is as much harder than finding a community that lives on the terms of the occupant. While the reverse should be the case, we have found ourselves on an undefined path that leaves us with no value to hold onto at every point of our need.

Today we set aside a large part of our salary to fund anybody's ambition while our community remain in a sorry state because we have believed the system so much that forgotten we need to share our problem first within ourselves before we seek external help. This was the basis for the community institution in the first place. To have a place where people of like minds interact and share ideas

Meet the Team

https://twitter.com/selina94867324/status/1050022404158681093

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