###### The following is not financial advice.

# Welcome to back The Scoop!

This is the next post at a place where we share analysis and opinions for interesting coins, tokens and pure gems in the vast landscape of the blockchain world. There's so many coins out there, but not a lot of free information (looking at you, paid groups) and analysis on them. The Scoop aims to change that by sharing and improving the data available for a given coin and evaluating instead of predicting.

## What is NAV Coin?
![](https://steemitimages.com/DQme3JTqS5iuZ2G3pzWrVi8WrtDFMMSykEM6UVPuu6qCJxH/image.png)

NAV is a privacy-focused coin built from Bitcoin core. To be clear, it actually stands for two key principles: privacy and usability. Fast, low cost transactions and a staking reward for helping secure the network. Active dev team and weekly updates are pushing this coin into more and more conversations.

More details:
https://navcoin.org/faq/

**Quick Technicals**

Algo: X13 / PoS
Block time: 30 seconds
Block reward: 5% per year staking (4% for user, 1% for community fund)

Bitcointalk thread:
https://bitcointalk.org/index.php?topic=679791.0

## Where's the wallet?

https://navcoin.org/downloads/

Along with the whitepaper:
https://www.navcoin.org/files/navtech-whitepaper-beta-v0.9.pdf

## How many of them are they?

CMC says ~62m circulating supply. 

## Who's the team?

Full of engineers and developers, as well as directors for marketing, creative and digital strategist, as well as an ops manager.

Roadmap:
https://navcoin.org/project-roadmap/

## Marketcap and Competitors?

~239m with ~8m volume when last checked today.

Similar projects or target industry...

- Monero -> ~6b
- Zcash -> ~2b
- PIVX -> ~668m
- ZCoin -> ~400m

## How is NAV different?

As they describe it: simple but powerful, rapid block speed that is ideal for retail and e-commerce, staking and optional private payments.

*Pros*

- privacy coins are appealing
- mobile product
- community / frequent communication
- upcoming projects and roadmap

*Cons*

- lack of marketing
- competition

## Any constructive criticism?
Staking rewards have went from 20% (2015) to 10% (2016) to 5% (2017), which is great for really early adopters but much less great for folks who got in this past year. As we've been told, it actually 4% for users and 1% for the community fund now. This could be changed to better incentivize folks who are just getting in.

## Where is it traded?

It's traded across the board. For an older, non-ICO coin to get added to Binance, that's a sign that it's a solid project and brings a lot more volume in.

https://coinmarketcap.com/currencies/nav-coin/#markets

## The Final

Based on the FA, NAV looks like a low to medium risk with high reward potential if they continue to deliver products and catch on. Picking it up under 22k sats would be bargain or around $4 - $5 would be an upper entry while still expecting solid, crypto-style gains.

And that's your scoop!

##### Nobody is perfect. See anything I didn't quite get right, or needs correction? Please let me know!

###### Remember, absolutely NOTHING you read on this blog, twitter or otherwise content anywhere on the Internet by the authors is financial advice, so DYOR and be responsible!

###### One more time in case you didn't see the first two: this is NOT financial advice! Also, The Scoop authors may hold coins discussed here which may creates some bias, but we try to be fair.