NAV Coin Gets Me Excited

in #nav7 years ago (edited)

I'm sure that most of us saw yesterday that bittrex had a pretty new coin showing a huge profit. NAV Coin, showed a tremendous jump.

What is NAV coin?

NAV coin is a stable cryptocurrency forked from bitcoin. It has incredible transaction speeds and a fantastic wallet with a PoS function. They even over a fully set up raspberry pi device from their store for $100 to stake NAV. What makes it quite unique is that NAV coin is anonymous. Yeah, there are so many anonymous coins that exist such as Monero, but what makes NAV stand out?

NAV has a solid and large team that has been highly dedicated to working on the NAV coin. They have utilized a different method of anonymity in contrast to Monero and Zcash. Their method uses a second blockchain that disconnects the sender address from the receiver address. There is even more exciting news to come about this project called NAV Tech 2.0.

However, for NAV, this is just the beginning. According to their roadmap, they have two main features that they are planning and working on.

  1. Polymorph
    -Polymorph is a method of converting any cryptocurrency to another anonymously. NAV has teamed up with Changelly to be able to do this. This project is about 33% of the way done and it is still being worked on. While I personally may not use this feature, I know that people across the globe will find this highly useful.

2)Anon dApps
-Anon dApps are anonymous dApps. We all know that the dApp production has increased drastically over the past few months, with many platforms being formed such as Ether, NEO, Ubiq, Waves, etc. but all of these offer different features on their platform, many of which are not unique. NAV is planning the production of an anonymous platform, which would be a first mover in this are. With the craze for dApps and the craze for anonymous coins such as Monero and Zcash, I find this combination to be a huge winner.

Based of their future roadmap and the current price/marketcap/supply, NAV was bound for a boost and got one, and I see many more in its future. Do not invest in NAV based on what I say, but I do recommend you do your due diligence on NAV and then choose to invest.

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I'm a long term hodler of NAV myself. Love everything the team is doing and looking forward to the future.

I am so sad it slipped under my radar, but I bought in pretty heavily recently. I see a lot of potential!