The Future of Community Economics

Native is a protocol for community economics. It enables decentralized communities, known as Tribes, to generate their own token, raise capital and support projects they care about.

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Native Network

Native is a collective of users and Tribes. Joining Tribes that resonate with each user enables a higher degree of sovereignty in relation to where money goes, while it remains backed by the Reserve.

Native Reserve

The Native Reserve is a liquidity pool of ETH (Ether) and BNT (Bancor Network Token) that provides liquidity and convertibility for Native Tokens. The Reserve’s value grows with each user who joins Native. The supply and price point of Native Token is also partially determined by platform activity which, unlike traditional economics systems, means your money is backed by you and your Tribe.

Native Token

Native Token is the base currency of Native. It is the entry point for membership to Tribes, and encapsulates the network’s value. Native Token holders are liquidity providers and support the network through its continued growth and contributions from Tribes.

Tribe Token

Each Tribe has a local currency known as a Tribe Token. When a Contributor finds a Tribe, they stake Native Tokens to become a member, or earn them through completing tasks. Tribe Tokens are generated at an algorithmically calculated market price. The Native Tokens are split between the Local Reserve for that Tribe and the Tribe’s Development fund. The market cap of a Tribe Token is the value of the Tribe.

Development Fund

The funds that are not allocated to the Local Reserve are sent the to the Tribe’s Development Fund. The Tribe can lend and spend to execute goals. The amount of NT in the Development Fund represents one component of the Tribe’s value.

Find your Tribe or start your own…

Curators

Curators are the founders of Tribes. They oversee and guide the Tribe as it grows. Initially curators define and facilitate the execution of goals through the allocation of funds and conducting capital raises on behalf of projects that have interests aligned with the Tribe. Curators can create proposals that are voted on by the Tribe to approve, and approve proposals from Contributors. In future versions of Native we will distribute this power directly to the Contributors.



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Contributors

Contributors join Tribes to participate in an economy that resonates with their interests and goals. Their contributions can be used within the Tribe or lent to members. Contributors can also utilize Native to plug their own projects into Tribes through making a proposal. The proposal can request funding or a loan from the vault, a request for external funding or active support from Tribe members.
Art Tribes
Energy Tribes
Syndication Tribes

Art Tribes

Art Tribes are about enabling the creative process for individuals or groups who do not have immediate access to capital. Artists thrive when they are connected to their audience and can focus on their craft. Kickstarter has shown that crowdsourcing is becoming a more common medium for funding projects. In 2015 “10 percent of the films that premiered at the most recent Sundance Film Festival were KickStarter-funded projects.”. Art tribes can organize efforts such as art walks, the creation of murals, paintings, sculptures or simply exist to encourage artistic ventures.

  • 1 Accessible funding for artists
  • 2 Contributors have more impact on how contributions are spent
  • 3 Access to exclusive member events and products

Energy Tribes

Energy Tribes revolve around groups of individuals coming together to create meaningful impact in relation to their energy consumption and creation. For example, a community could fund a new solar panel array which can be collectively owned by the community. Native can provide alternative funding solutions for local communities to acquire and utilize more sustainable methods of energy consumption. They can also be used to have people to determine what the acceptable energy usage levels are for each member.

  • 1 Access to range of opportunities for local energy related initiatives
  • 2 Involve communities in clean energy projects
  • 3 Incentivize users to have lower and cleaner energy consumption

Syndication Tribes

Syndication Tribes are already common across many different sectors. People come together to allocate a common pool of funds towards a common goal. Ronald Coase, in Theory of the Firm, discusses how a firm allows for more coordinated production as its resources are pooled. A Tribe is a firm. These tribes can streamline investment processes, and provide a governance structure to ensure democratic value distribution. They can target specific Contributors and enable access to a target market. One of the most exciting things about crypto is that anything can be tokenized, which leads to a much wider range of possibilities for Tribes in the Syndication category.

  • 1 Raise capital for a group and make decisions together
  • 2 Manage distributions to community members
  • 3 Access to instant liquidity for the community token

Roadmap

Core Team

Jake Vartanian

Founder

Amith Nirgunarthy

Content Marketing

Simone Imbrescia

Developer

Ian Dixon

Community Manager

Justus Perlwitz

Developer

Vanessa Branchi

Designer

Advisors

Valerio Versace

Security/Cloud Advisor

Matt McKibbin

Chief Decentralizer

Evan Caron

Markets Advisor

Micah Spruill

Token Advisor

Brad Mills

FOMOnomic Advisor

Dean Eigenmann

Smart Contract Developer & Auditor