I just bought $4,000 USD worth of NAV coin. And in this post I will try to explain why.
NAV coin is a proof of stake, eco-friendly, stakeable, privacy coin, with a built in platform for decentralized apps AND it was built on Bitcoin core code.
NAV Coin Benefits:
With NAV you can easily stake the coins for a 5% compoundable reward.
With NAV you make rapid, easy, and optionally private payments. Payments can be made within 30 seconds!
Their wallet is clean, intuitive, functional and attractive. Download the wallet here.
My Thoughts:
The NAV coin project has a lot of upside and its growth has been significant but it is still a small cap coin. This project is currently more than 25% off its all time high and I consider it a bargain for less than $4.00.
The market cap is around $190,000,000, and each coin costs about $3.00 today.
Conclusion:
I think 2018 could be the year of privacy coins, particularly following the 2017 tax reform in USA which has some alarming capital gains consequences. Privacy is a growing concern, and that concern has fueled growth in various privacy coins including, Decred, Dash, Verge and Monero among others.
NAV could be the next 1 billion market cap coin. If so my $4,000 USD will be $20,000 USD.
Disclaimer:
Check it out yourself. Do your homework. I am no expert, just a guy talking about my interests on the internet.
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