Ndau Price (NDAU)

NDAU runs on a private native high-performance, robust and decentralized blockchain created by the in-house team. As stated above, the currency is stabilized by the monetary policy of the NDAU enacted by the Blockchain Policy Council with the help of Endowment. The ultimate goal of Endowment is to provide liquidity within a set of reasonably staggered time periods and to mitigate downside volatility. This is one of the aspects that sets this project apart from other similar solutions. However, there is no direct redemption feature of NDAU for assets in Endowment which makes ndau a digital currency, not an exchange-traded fund.

NDAU’s price curve is based on the standard S-curve, which describes the rate at which new innovations are embraced by the population. It is segmented into stages of adoption including innovators, early adopters, late adopters, and laggards. In addition, NDAU’s monetary policy is structured in a way to correct any deviations from this curve.

Ecosystem Alignment Incentives or EAI is the tool that helps to earn money in NDAU. EAI provides staking rewards enabling users to earn additional ndau currency. Moreover, locking an account for a particular period of time allows users to earn more EAI.

NDAU vs Ampleforth

Launched in 2019, Ampleforth is another blockchain project that relies on principles similar to NDAU. In fact, the concept of these two projects is the same as they both don’t correlate with Bitcoin’s price pattern and have elastic supply. However, there are still some advantages that ndau mentions on its official website.

First, unlike Ampleforth, NDAU is ready to give bonuses for staking and account locking. Second, NDAU is backed by a real-world Endowment that enacts monetary policy and stabilizes the currency. In addition, NDAU includes a mechanism for decentralized governance enabling its users to participate in the development of the platform. Finally, wallet balances in NDAU remain constant or predictable. They only change if their owners make deposits or withdrawals or earn interest.

NDAU token

The total supply of NDAU is 30 million tokens. During the initial sale, the token was distributed at a price of $1. According to the NDAU Guides, the token can be used in different cases. Probably, one of the most popular functions of NDAU is staking income and inflation protection. Besides, NDAU can be used for the diversification of both private and public long-term institutional holdings in order to mitigate the risks in case of market downturns.

NDAU also works with DeFi. Its nature makes it ideal as a source of collateral for smart contracts. Also, NDAU is fostering the development of new lending, financial, and B2B dApps across a wide range of industries. With NFT Forge and ndau NFT Wallet, users can easily create their own brand-new NFTs and use ndau to pay for the minting fees at a highly discounted rate. NDAU tokens are available for purchase on Kucoin, Bittrex Global, BitMart, Liquid, and a few other minor exchanges.

Staking NDAU

NDAU offers incentives for its users who hold ndau tokens on their wallets for a specified period of time. Users can get extra ndau if they lock an account in the wallet. For example, at the time of writing, one may get 5% per annum incentive for locking an account for 3 months and 25% per annum for locking an account for 3 years.

NDAU NFT Forge and NFT wallet

NDAU developers have also created the ndau NFT Forge in order to support hard-working content creators, artists, and social media influencers all over the globe. With the ndau NFT Forge users can create NFTs for any type of media such as music, videos, images and documents. At the same time, they don’t need any technical or programming knowledge and they can immediately sell their NFTs on Shopify store where their patrons and fans can easily purchase them with credit cards.

In the initial release of NFT Forge, users were allowed to pay and get payments using the Polygon-chain cryptocurrency MATIC. However, in the final version, it’s become possible to pay for minting fees using ndau and get royalty payment in ndau as well.

NDAU team

NDAU was created by early bitcoin enthusiasts and experts from world-class universities such as MIT, NYU, Columbia University, University of Chicago, and others. The group is known as the NDAU Collective. Members of the ndau Collective come from many areas of expertise, including economics, monetary policy, cryptography, computer science, and cybersecurity. Major contributors to the ndau Collective include developers, asset managers, market makers, node operators, token holders, and social media influencers.

One of the NDAU partners is Rob Franca, a proven entrepreneur, who has built 3 venture-backed startups with successful exits and has launched 50+ market leading products. Another early NDAU collective member is Ken Lang. He served as Adjunct Professor at New York University and was COO at Keane Advisors where he worked on new technology and algorithms for private equity, trading, and asset allocations.