Why was ndau created?

  1. Home
  2. Knowledge Base
  3. FAQ and User Guides
  4. Why was ndau created?

Three years ago, an anonymous group of early bitcoin enthusiasts and experts in fields including economics, monetary policy, cryptography, computer science and more came together to discuss the largest barriers to mainstream crypto adoption for long term holding. This group later became the ndau collective.

The ndau Collective identified 23 different issues with cryptocurrencies today, and highlighted three key issues that needed a solution: volatility, dependability, and governance.

The ndau collective believed these were the three largest barriers to using crypto as a long term store of value for both institutions and individuals.

ndau was created as a solution to these three problems, with built-in economic constraints to help buoy the price based on demand, and a well thought-out governance system that allows for true decentralized and representative decision making.

Was this article helpful?

Related Articles