Blockchain Incentives
Future Rewards Model: Multi-Currency Incentives
BlocNav originally envisioned a multi-currency reward system to fairly and sustainably compensate contributors:
Bitcoin (BTC) – A globally recognized, decentralized asset appealing to crypto-native and mainstream users
USDC (Stablecoin) – A low-volatility option for users preferring predictable compensation
NavToken (BNT) – BlocNav’s planned native utility token offering platform-specific benefits, governance rights, and long-term utility
NavToken ($BNT): Vision & Earning Model
NavToken was planned as a Solana-based utility token, designed for fast, low-cost transactions and future compatibility with the DeFi ecosystem.
Rather than being sold to the public, NavToken would be earned through meaningful contributions to the BlocNav platform, including:
Mapping new roads, buildings, and infrastructure
Adding Points of Interest (POIs): schools, hospitals, landmarks, businesses
Verifying and updating existing features to maintain accuracy
Completing high-priority mapping tasks (e.g., disaster-prone zones)
Conducting field data collection with GPS or visual documentation tools
Contributors would select their preferred reward type, with bonuses for contributions in high-impact areas or urgent campaigns.
NavToken Utility (Planned)
NavToken was designed to serve multiple roles within the BlocNav ecosystem, including:
🗳️ Governance & Decision-Making
Vote on profit allocation: How 10% of BlocNav’s profits are reinvested into communities
Submit proposals: Suggest initiatives like region-specific challenges, platform upgrades, or AI tools
Reputation-based voting power: Influence scales with mapping history and community trust
🔐 Long-Term Platform Access
Staking for rewards: Earn passive incentives while supporting the network
Access to premium features: Advanced analytics, AI tools, or exclusive datasets
Marketplace credits: Exchange for services like drone mapping or community-funded tools
❗Status of NavToken
As of BlocNav’s MVP launch, NavToken and all related crypto infrastructure have been paused. The platform currently uses a reputation-based, non-monetary incentive system to drive early adoption, trust, and community growth.
Tokenomics will be revisited post-MVP once:
The platform demonstrates sustained usage and impact
Regulatory, technical, and governance foundations are mature
Contributor needs support a token-based incentive layer
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