NavCoin is built by the community, for the community. Being an open-source project that ran no premine or ICO - NavCoin’s Community Fund enables anyone to get paid by the network for their contribution to the ecosystem.
The first community fund to implement a dual vote, to ensure that if work is never completed the funds are returned.
Anyone and everyone can get involved by submitting a proposal - leaving it to the network to decide what's most valuable.
No one owns the NAV in the Community Fund, the only way they can ever be spent is by the dual network consensus vote.
Every block that gets minted generates 0.5 NAV into the community fund which accumulates over time.
Funds get released through a second vote - which can be paid out in stages or once the work is completed.
The community fund gives more power to the community - by funding people to get involved, and giving the network more of a voice about the direction of NavCoin.
Dream up the improvements you would like to see in the NavCoin ecosystem, and submit your proposal to the network.
Create proposalAnyone who is staking the NavCoin network can vote ‘yes’ or ‘no’ for every proposal with their network weight.
View all proposalsPayments are only released after a second round of voting validating ‘proof of effort’ by the proposal owner.
Create payment requestOnce a milestone is reached, the network votes to ensure that the project is on track, which releases the funds.
View payment requestsPublic awareness is one of the most important things to achieve for any cryptocurrency, and one way to achieve this is by creating stickers which you can post to different places like your car, the window of your store, etc.
This proposal is to get the things needed to print and cut NAV stickers and send them out to the people interested in the community. You can read more about it here.
This Community Fund project is designed to offset the carbon footprint of the NavCoin network, making NAV the world's first carbon neutral cryptocurrency.
This proposal calculates the amount of electricity used by the network and the ecosystem around it - and proposes to purchase native forest carbon credits to offset this. You can read more about it here.
NEXT is an alternative wallet for NavCoin. It's an open source, cross-platform full node NavCoin wallet. It can be run on Windows, Mac and Linux. NEXT provides all the basic wallet features like sending/receiving coins, and much more.
This proposal is to fund the ongoing research & development of the NEXT wallet. You can read more about it here.
Once you've joined the community channels, the NavCoin Collab website is one of the places to find the range of projects that the community is working on. It's a forum that acts as the ‘town square’, and makes it easier for the community to share their project ideas with each other.