Published: Nov 10, 2018

Namacoin

Website

Status

ICO

Namacoin aims to become for Data scientists the token to support the development of third world countries in an easy, fast and secure way using Namastree devices. Namastree has been created with the intention to develop a better world and give to third world countries population a better life with an IOT device that transform solar energy in basic services while storing the usage data using blockchain technology. NamaCoin is an ERC20 that will allow the holders to communicate with our platform and gives the access to multiple features.

Whitepaper

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Interest lvl

Updated: Jan 02, 2019

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User Rating

High

3.3/5 • 4 votes

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Ticker

NAM

Type

Utility-token

Token standard

ERC20

What is Namacoin

What is Namastree

Namastree is a device powered by photovoltaic panels placed at the top of the prototype, just like the crown of a real tree, able to self-manage by exploiting the energy produced by the platform.

This device can power various systems that produce services. For the choice of services to offer we have thought about what can be useful in those places where the scarcity of services is a crucial factor.

Initially a condenser was inserted that uses the condensation of the air to create drinking water and subsequently all the other devices have been added.

NamaCoin is an ERC20 that will allow the holders to communicate with our platform and gives the access to multiple features:

Acquisition of data regarding developing countries like atmospheric data or information about water consumption, electricity usage and many others. Token spent on the platform will be redistributed 10% to a goal for donate new devices, 50% to all the community holders and 40% to another charity campaign

Opportunity for the holders of our token to become a passive donator by getting rewards from the platform and moving those tokens directly to charity campaigns, helping developing countries and helping us to achieve our goals to donate new devices

Thanks to blockchain traceability supporters can donate to different charity campaigns directly using Namacoin and donations will be shown in blockchain.