Native

anibalalfonso (34)in #steemit • 6 years ago (edited)

Introduction

Cryptocurrencies are gaining popularity and more and more users are being added to their use all over the world. Undoubtedly, we are faced with a new technology, which is born and is facing an adaptation process that finds new challenges to become a currency used in common operations. and also that it can also be used by all, regardless of the capacity or knowledge we have of the technical aspect of this new emerging technology.

What is Native

Source

FiatIs a digital platform derived from Ethereum with the purpose of allowing communities to generate their own token currencies, in a unique way through the use of collective decision making tools.

Native Token Overview

"The Native platform provides the fundamental structure for valuing and operating Communities through their own unique tokens. It includes a set of decision-making tools, and provides templates to suit a variety of Communities to ensure that even those with limited economic and technical knowledge can participate in emerging financial ecosystems. Communities
are the building blocks of Native. Any local or digital collective that gathers around a common interest or mission can create a Community on Native.
There are three core benefits to starting a Community:"

Raising capital through token issuance, replacing traditional
fundraising models such as bank loans, VC and crowdfunding.
The ability to make collective decisions through the platform
polling and escrow features.
The recognition of, and ability to, redeem value within a global
framework.

Visión

"La inspiración de Jake para Native provino de una percepción que obtuvo a través de su experiencia con el yoga. A través del yoga, entendió que "la atención, el valor y la energía son en realidad lo mismo".
En Native, Jake y el equipo quieren aprender cómo se puede capacitar a las personas para trabajar en las cosas que legítimamente les importan. Al hacerlo, su atención se maximizará y, a su vez, también lo harán su energía y rendimiento. Si lo primero es correcto, el valor de los participantes en este nuevo paradigma de comunidades en línea también se maximizará".

There are several types of users

Curators: they are users that are characterized by having a high degree of technical capacity to face the challenges of the system, this allows them to filter and evaluate what is the material of value for the community, these so-called curators have the ability to approve or recharge the work carried out by the members of the community through voting power.

Members: members can be grouped according to their common interests or characteristics, members also have rights within the eco-system, can take critical decisions as well as replace the curator if necessary.

General Token Design

Tokens within Native are deployed as Smart Tokens - meaning they hold a reserve in a base Token.

Deposits

The funds allocated to the token contracts are divided into several wallets

Community Fund - Resource pool for community spending
Smart Token Converter - Traditional Bancor Converter which
modifies price and supply based on connector weight
Connector Balance - Direct addition of value to existing Token

"Each Token has its own unique split, which ultimately is determined by the
Communities. Different Community types have different optimal splits, and
recommendations are provided upon Community creation. The Token
being converted to is generated and sent to the converter’s wallet"

native2018

Twitter: https://twitter.com/generalpatton15/status/1049796719205081088

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