Indigenous Economy

Indigenous Economy

4 Keys of an Indigenous Economy

Focus on Natural Resources

It recognizes the value of being in a place and the resources that are provided in that place so their is wellbeing for people and nature (1). It focuses on economic progress as a parallel to resource management, and conservation (2).

References:

(1)https://www.iied.org/heres-why-indigenous-economics-key-saving-nature

(2)https://www.linkedin.com/pulse/characteristics-indigenous-economy-peter-elkins#:~:text=An%20Indigenous%20economy%20measures%20wealth,on%20giving%20and%20wealth%20distribution.

(3)https://www.grandcanyontrust.org/advocatemag/fall-winter-2021/Indigenous-Economies-Just-Transition

More Information

NativeCoin
Approach

NativeCoin (N8V) will be an Ethereum blockchain-based, transaction cryptocurrency. The global indigenous economy gross domestic product (GDP) refers to the total value of goods and services produced by indigenous peoples around the world within a specific time period. It is important to note that there is no official global indigenous GDP estimate, as many indigenous communities and economies are not fully recognized or integrated into national or international economic systems.

Since the advent of bitcoin and the digital currency industry in 2009, cryptocurrencies have always been criticized for not having a business model based on real economic principles. Added to this, there is high volatility, one of the main obstacles hindering mass adoption. NativeCoin (N8V) (also referred to as ”N8V” or simply “NativeCoin”) intends to disrupt the cryptocurrency landscape by launching an Ethereum based cryptocurrency and payment solution fully backed by the enterprise value and traditional principles of the global indigenous economy. NativeCoin (N8V) will be the only coin in existence that will pay its stakeholders and coinholders a dividend.

Indigenous Economy

Indigenous Economy

NativeCoin Approach

NativeCoin
Approach