1. Project Description
ndau is the world’s first buoyant virtual currency. It has been specifically optimized for the long-term store of value with resilient governance and safeguards designed to protect its holders. ndau has been designed with a unique monetary policy that encourages long-term holding and discourages active speculative trading. ndau has the freedom to rise with increasing demand while mitigating downside volatility by reacting to real-time supply and demand conditions. A finite amount of ndau (1,000) is released at each price level based on a pre-determined price curve that encourages both early adoption and long-term retention. New issuance occurs whenever market demand outpaces market supply and warrants ndau to the next price level.
Transfer ndau from an exchange to the ndau wallet app to earn Ecosystem Alignment Incentives (EAI). The holding of ndau is rewarded by steadily increasing EAI up to 10% based on the number of months held, coupled with an additional incentive up to 5% for holders who lock ndau in their wallets.
2. Project Advantage
ndau is specifically designed and optimized as a long-term store of value:
- Reduced volatility – monetary policy embedded within blockchain reacts to real-time supply and demand conditions to mitigate price volatility.
- Demand-driven supply – new ndau issued along a public pre-determined price curve only when demand exceeds supply and pushes the market price to the next designated price level.
- Incentives to hold – efficient proof-of-stake with ecosystem incentives that increase the longer ndau is held and locked in order to maintain ndau’s value.
- Non-profit-endowment – all net proceeds from ndau sales are reserved to help stabilize ndau and implement ndau’s monetary policy.
- Resilient governance – governed by the Blockchain Policy Council, with regularly elected delegates that oversee operations and ndau’s monetary policy.
3. Project Details
- Total ndau for sale – 30,000,000
- Pricing for first 10,000,000 – as determined by ndau’s price curve
- First Issue Price - $1.00
- Type of Consensus – COSMOS/Tendermint Proof-of-Stake
- Distributed Ledger Platform – native blockchain
4. Useful Links