<b>NaviAddress project is a decentralized</b> global unified address platform for real and virtual worlds. The platform can assign digital addresses to any location with precise geoco-ordination. This digital verified, trustless location ID platform for to help with goods delivery and locating destination locations should help bring digital addresses to 4 billion people living without a proper address in the world today.

<iframe width="560" height="315" src="https://www.youtube.com/embed/Di232hYM1lY" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>

<br>Naviaddress is the first global digital addressing system on the blockchain. Providing a platform for people that brings the freedom and ability to create, obtain, buy sell and lend digital addresses, or navi addresses.

Every year billions of US dollars are wasted with package delivery because of postal delivery issues, address misspells and last mile issues. With the introduction of Naviaddress the platform provides solutions by geocordinating precise ID of users locations with metadata.

The goal of launching Naviaddress on the blockchain is not just to enhance the developed world but also enable 4 billion people in the world who don’t have addresses to obtain a digital post delivery naviaddress, verified by a transaction on the blockchain. The goal is to help the local governments to provide more citizens with essential services, and make new markets for e-retailers and delivery businesses like Amazon, Alibaba, and Ebay.

The Naviaddress system was first deployed in the end of 2016 and available on iOS, android and a web application. Fast forward to 2018 and they have 1.5 million naviaddresses in the system, mainly important business addresses and 60,000 registered users on the platform. The alpha version of the blockchain platform integration is being tested and soon to be released.

In 2016, Naviaddresses integrated with Uber. In 2017 they signed a strategic partnership agreement with booking.com and later integrated their system into it, as well as signed a LOI with DPD for a pilot integration project in Q1 2018. By 2021 they plan to have 30 or more global partners and be on their way to achieving their goal of helping 4 billion people.
Naviaddresses are like blockchain ID management projects. The address platform simplifies and speeds up the way transactions are documented between users and online retailers and postal delivery businesses without compromising security and personal privacy.

The NVT or NaviTokens used within the platform will have utility as many functions must be completed with NVT. Premium Naviaddresses can be exchanged through auctions, and ownershiprights registration through smart contracts and storage will incorporate NVT tokens as well, also payment for metadata creation, update and storage. There is also a plan to burn tokens 300 million tokens or 30% of the issued Navitokens for the creation of the ecosystem and partners network.

The Naviaddress team includes CEO and Founder Mikhail Gamzin is a serial entrepreneur with 30 years of experience as a managing partner in Private Equity and VC Funds. CEO and Co-Founder Dmitri Moiseev has 17 years of experience in top management roles, include CEo of Yota devices EMEA with focus on growth management. Vice President Mikhail Zelenin has 14 years of software development experience in banking, ecommerce and blockchain products like onlinepay in Europe and China. Dmitri Kelidze is the CFO with over 18 years of finance corporate and start up projects management in fintech and Dmitri Sukanov is the CTO who has experience in geoservices and mapping application design and leads the software development at AdGuard.

Naviaddress is doinga token generation event for their Navitokens, so lets break down the details. Out of a total 1 billion tokens, 400 million or 40% of the NVT tokens are issued during the ICO, 30% are allocated to building the addressing platform and ecosystem, 20% are reserved by the company, and 10% are retained for furrent and future management. With the team, company and platform reserve are locked for 36 months. The hard cap of the sale is 20 million. As for the distribution of the proceeds, 15% goes to the blockchain protocol development, 20% goes to the integration and partnerships fund, 35% is for business development, 20% is for marketing and PR, and 10% is for OPEX and other expenses. If you want to learn more about the Naviaddress project, take a look at their website at naviaddress.io

Do you clearly see navigation and address themselves all moving onto the blockchain? No longer will companies like Garmin and TomTom act as gatekeepers to the mapping software and up to date addresses. Let me know your thoughts on this in the comments below.

Thanks for reading. Remember to like, share, and subscribe to Crypto Coin Show to see my next post when I Decrypt the facts, to keep you on track in the crypto world