NativeCoin

Overview of NativeCoin

NativeCoin President Randy Williams, NativeCoin Director of Tribal Operations Jay Simmons, and NativeCoin Advisor Marcus Guinn were interviewed by NASDAQ’s’s Jane King on the progress and future of  the N8V cryptocurrency, a blockchain digital currency designed to serve the needs of Tribal communities, businesses, sports betting, and everyday Tribal monetary transactions in Tribal ecosystems.

NativeCoin is designed to meet the transactional needs of all Tribal enterprises including but not exclusive to casinos, resorts, and betting operations in both brick-and-mortar locations as well as online gaming platforms and will integrate seamlessly with existing casino operations.

NativeCoin has worked together with tribal advisors with a goal to provide tribes with an effective all-in-one sovereign currency which can be used by tribal businesses, enterprises, gaming, sports betting, and tribal ecosystems worldwide to support daily financial transactions.

NativeCoin users can also use their
N8V as standard currency within participating Native American Casinos, make
purchases on goods and services available on Tribal Lands, or trade it for other popular
coins on one of the many cryptocurrency exchanges on which N8V is listed.

NativeCoin is a diverse cryptocurrency designed specifically for use in Tribal casinos and other Tribal enterprises (for example hotels, restaurants, gas stations, convenience stores, and shopping/food establishments inside casinos just to name a number of).

NativeCoin will give not only Tribes, but also any person or business the ability to buy, sell, send, purchase, and exchange funds with the discretion and security of blockchain.

NativeCoin enables all Indian Casinos to expand beyond the brick-and-mortar market and increase their revenues by an estimated ten to fifteen times within the first few months.

NativeCoinBlockchain technology provides a way to link blocks of data together via shared encryption, ensuring that changes to each block are easily identified.

NativeCoin price Index provides the latest N8V price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

NativeCoin (CURRENCY:N8V) traded down 4.6% against the US dollar during the 24 hour period ending at 20:00 PM ET on May 3rd.

Blockchain

Mine

NativeCoin is an Ethereum Blockchain Cryptocurrency designed to modernize
the Native American Casino.A portion of the rewards will go directly to the Nations and Tribal
businesses to support the development of Tribal economies and cultural programs, as
well as drive future sovereign economic sustainability.NativeCoin is unique within the cryptocurrency space
because of its roots in Native American values.Unlike other cryptocurrencies where
transaction fees solely benefit exchanges, stakeholders, and miners, NativeCoin
implements the addition of a philanthropic feature that gives back to Indigenous Nations
and Tribal businesses that opt in to use the currency to make purchases for both goods
and services.

Support

With the advent of legal sports betting, NativeCoin is well-positioned to be
implemented and supported within online sports betting systems, making it easier than
ever before to bet on your favorite sports teams.

Transactions

He believes that NativeCoin and its proliferation in Tribal communities, businesses, and casinos will do much in addressing the invisibility factor as more and more people, both in Tribal communities and outside reservations, begin using it for most monetary transactions.

How are xDai coins minted?

xDai is created from the stable Dai token – Dai is locked in a bridge contract and the same amount of xDai is minted on the xDai chain.xDai can then be transformed back into Dai using the same bridging mechanism (xDai is burned and Dai is minted on the Ethereum Mainnet).

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How do I buy NativeCoin?

It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including NativeCoin.

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How can I get xDai coins?

From another user on the xDai Chain.

Are there any alternative platforms to buy N8V or Bitcoin with credit cards?

Yes.Changelly is also a very easy to use platform for buying Bitcoin with credit cards.It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card.Its user interface is very easy to use and the buying steps are pretty self-explanatory.

How Many NativeCoin Coins Are There?

There are currently 18,430,975 NativeCoin coins circulating out of a max supply of 18,430,975.

Are there any quick ways to buy N8V in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general.There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Coinmama.

What is N8V?

NativeCoin (N8V) was designed to meet the transactional needs of tribal enterprises, casinos, resorts, and betting operations in both brick-and-mortar locations as well as online gaming platforms.NativeCoin is not exclusively intended for Tribal use.NativeCoin can also be used by private businesses, international shippers, and for private transactions.The vision of NativeCoin is to enable outside entities to conduct business within the Native Sovereign Lands.The team believes that as more Tribes work to develop shopping centers, amusement/recreation centers, and entertainment venues, the need for a sovereign, secure, and liquid currency arises.NativeCoin is tailored to the emerging use cases that Tribes are creating in the gaming sector and other integrated Tribal Enterprises.With NativeCoin, the goal is to enable Tribes to use, own, invest their own money supply, and host online gaming portals for international customers.It is the team’s belief that this will allow tens of millions of gaming enthusiasts to reach Tribal casinos.

Are xDai or STAKE tokens considered securities?

Based on our research and legal opinions they are not considered securities.However, the regulatory landscape may differ between countries.Please be informed of your local laws when using.

What is NativeCoin?

NativeCoin is a diverse cryptocurrency designed specifically for use in Tribal casinos and other Tribal enterprises (for example hotels, restaurants, gas stations, convenience stores, and shopping/food establishments inside casinos just to name a few).As more and more Tribes work to develop shopping centers, amusement/recreation centers, and entertainment venues, the need for a sovereign, secure, and liquid currency rises.NativeCoin is tailored to the emerging uses Tribes are creating in every sector of gaming and their other integrated Tribal enterprises.With NativeCoin, Tribes will not only be able to use, own, and invest in their own money supply but will also have the ability to host online gaming portals.Gaming on this scale translates to tens of millions of gaming enthusiasts who will be able to reach Tribal casinos which were previously unavailable to them.

What Is Ethereum?

Ethereum is an open-source, decentralized blockchain technology.Ethereum’s native coin is called ether.This coin is one of the largest cryptocurrencies by market capitalization, second only to Bitcoin (BTC).Although ether has a smaller market cap than Bitcoin, Ethereum is the most widely-used blockchain.

What is the value of NativeCoin?

One NativeCoin (N8V) is currently worth $0.17 on major cryptocurrency exchanges.You can also exchange one NativeCoin for 0.00000299 bitcoin(s) on major exchanges.The value (or market capitalization) of all available NativeCoin in U.S.dollars is $4.27 million.

How do I mine NativeCoin?

NativeCoin is a proof-of-stake (PoS) currency, which means that blocks on the NativeCoin blockchain are not mined using hashing algorithms like Bitcoin.Rather, coins are earned by “staking” existing coins on the network or by running a master node.

How can you mitigate stablecoin-based risks (like broken stability pegs) with xDai?

The xDai bridge is expandable to include additional forms of collateral on the Ethereum side of the bridge.Currently Dai and Chai are both supported (SAI was also supported prior to the shutdown).More may be added in the future.Additional types of collateral can act to mitigate stability risks.

What Is Ethereum Worth?

Like many cryptocurrencies, the price of ether has fluctuated greatly since it launched in 2015.Back then, its price was around $1 and stayed there for several months.The price reached $1,358 in January 2018, its highest price ever at the time.The price began to fall, as did the price of many cryptocurrencies; ether bottomed out at $83 in December 2018.

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What is the main function of the xDai coin?

xDai is a stable token, used for transactions.It is bridged from Dai to the xDai chain, and used on the xDai chain for payments and gas fees.

What does NativeCoin do?

NativeCoin acts as a decentralized, universal, digital currency that can be utilized by Native American Tribes and their Casinos.With NativeCoin, it costs mere pennies to transfer thousands of dollars by means of utilizing an internal peer-to-peer transaction.This method requires no third party to facilitate the transfer and is completed nearly instantaneously.One of the biggest hurdles for Casinos in acquiring new online gaming customers is simply the time it takes for banks to approve transactions.Blockchain currency like NativeCoin, has become the global solution to overcoming obstacles such as this in the international market.NativeCoin enables all Indian Casinos to expand beyond the brick-and-mortar market and increase their revenues by an estimated ten to fifteen times within the first few months.For the first time in history, NativeCoin will provide a means by which Tribal entities can conduct business both outside their reservations and across international borders without any red tape.

Can I buy N8V with cash?

There is no direct way to buy N8V with cash.However, you can use marketplaces such as LocalBitcoins to first purchase Bitcoin, and finish the rest of the steps by transferring your bitcoin to respective AltCoin exchanges.

What is NativeCoin?

NativeCoin (N8V) was designed to meet the transactional needs of tribal enterprises, casinos, resorts, and betting operations in both brick-and-mortar locations as well as online gaming platforms.NativeCoin is not exclusively intended for Tribal use.NativeCoin can also be used by private businesses, international shippers, and for private transactions.

What Is NativeCoin's Price Today?

NativeCoin (N8V) is trading at $0.16483 USD, increasing by 2.62% since yesterday.NativeCoin has traded $356 USD in the last 24 hours.

Should You Invest In Ethereum?

If you decide to invest in ether (and therefore, in Ethereum), you should first ask yourself why you are investing.Although the price of the coin has risen substantially over the past year, it can be extremely volatile.Thus, if you buy ether simply hoping the price will rise, you may end up frustrated.

Why Should I Buy NativeCoin (N8V)?

NativeCoin is a cryptocurrency that is identified by the symbol N8V.

What is the Reddit page for NativeCoin?

The official Reddit community (subreddit) for NativeCoin is r/wsxofficial.

What makes the xDai coin a different kind of stablecoin?

Imagine every time you needed to pay for lunch you had to use 2 different currencies.On top of that, one of those currencies was not stable, so you didn’t know if you would have to pay an extra $.05 or an extra $.50 in fees for the same $10.00 lunch.

Where can I get NativeCoin wallet?

NativeCoin produces its own wallet software that is available for download on its website, which allows you to store NativeCoin on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

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What is NativeCoin?

NativeCoin (N8V) was founded by Andrew Ebona and is designed to meet the transactional needs of tribal enterprises, casinos, resorts, and betting operations in both brick-and-mortar locations as well as online gaming platforms.NativeCoin is not exclusively intended for Tribal use.NativeCoin can also be used by private businesses, international shippers, and for private transactions.

History of NativeCoin