However, I don't understand the use for a token.
Will companies such as uber have to buy tokens in order to have access to an address in your system?
Do I as an individual have to own tokens in order for Amazon to deliver my order by UPS or by drone?
If your company can assign digital locations to everyone: that is fantastic. However, why does a token need to be involved?
Thanks for explaining!
Hello! Thank you for positive comments. And you have some good questions there.
We are building freemium model. Any naviaddress is bought from the platform for NVTs. More transactions with naviaddresses more NVTs are used. Velocity goes up. Since nominal value in NVT is burnt while total number of tokens is capped, the value of NVT should go up. In addition you will be able to buy premium naviaddresses (1-5 digits) from the platform and lend them for fiat. For example you can buy Navi 33.1 2345 (France, Paris) after ICO at 10 NVT at 5 cents per NVT (50 cents) and lend it to location dependent retail business for USD 10 per month. This translates into annual stream of USD 120. If you return this at 10% caprate, you will have USD 1200 intrinsic value for naviaddress.