PREMIUM NAVIADDRESS SALE SOFT LAUNCH

NAVIADDRESS
NAVIADDRESS
Published in
2 min readSep 10, 2018

Dear NAVI community,

we are glad to announce that Premium Naviaddress Sale Soft Launch starts today, on September 10th. This is an important milestone that will rank up NAVI project and the Team in the blockchain community and beyond.

We provide our early-adopters and supporters of the project with an opportunity to become first and exclusive members of the Naviaddress Auction before we start promoting it to the wider audience.

The Soft Launch is limited to 21 countries with the population not more than 6 million people including crypto-friendly countries: Denmark, Singapore, Finland, Panama, Georgia, Slovenia, Estonia, Fiji, Cyprus, Macau, Luxembourg, Malta, Maldives, Iceland, Barbados, Saint Vincent and the Grenadines, Bermuda, Cayman Islands, Saint Kitts and Nevis, Monaco and Gibraltar.

During the next 2 months we plan to expand it farther at the right pace – we need first to test the market and accumulate feedbacks and knowledge on: product-market fit, usual debugging, additional product and platform features and functionality. – i.e. in UI/UX, buy-own-sell/rent cycle. Based on the results of the test phase we might add new countries earlier than the end of October 2018.

Premium Naviaddress is a digital identifier with unique ID created and provided for by Naviaddress on Ethereum Blockchain made up to five digits (excluding container number) and set of metadata located in the off-chain that will be linked upon completion of the Soft Launch phase.

Primary Auction is available 24 hours a day, each bidding cycle lasts 24 consecutive hours. All bids are shall be nominated in NAVI. The first bid at the Primary Auction is equal to twice the nominal price of the Premium Naviaddress, and shall be paid by you at originating of the Premium Naviaddress. The nominal price of each Premium Naviaddress is determined at the time of its origination and is based on the price list published on the site https://premium.naviaddress.com. The successful bidder shall be the last bidder with the highest bid during the bidding cycle. If you bid for the Premium Naviaddress originated by you, you may bypass the bidding process and have the option to buy the rights to such Premium Naviaddress at the price equal to ten times the nominal price of such Premium Naviaddress.

The nominal price for each Premium Naviaddress will be burnt, thus the total number of tokens available in the market will be effectively decreased. This may naturally drive the value of NAVI token up.

We are looking forward to meeting you at our Premium Naviaddress Sale Soft Launch at https://premium.naviaddress.com. Stay tuned and get ready for exciting months ahead!

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