Nuvo is Building a Blockchain-Based Decentralized Communications Ecosystem for Africa and Beyond

It comes as a surprise to most people that the network we
know as the “world-wide web” is in many ways not world-wide at all. For instance,
platforms such as YouTube, Facebook, and Instagram have long been banned in the
People’s Republic of China1 – which was followed by a ban of
WhatsApp in 20172. Another example is general access to the Internet
in Eritrea, where less than 1.18% of the population of over 4.4 million people
uses the Internet3. More shockingly, a 2016 study by Cambridge
University revealed that more than sixty
countries engage in some form of state-sponsored censorship of the Internet4.
With several forms of social advances relying on unencumbered access to the
Internet, many parts of the world are being left in the dark if they cannot
access news or information and communicate with their peers in the same way
that most others can.

The applications and communities will be governed by the voting power of
individual users

UK-based Nuvo Cash Ltd. (known as “Nuvo Cash”) has developed
the Nuvo blockchain network to
address Internet censorship and usage problems that have economical, social,
and political implications. The Nuvo blockchain network is a foundation or
“base layer” on which decentralized applications and social media communities
can easily be built. These applications and
communities will be governed by the voting power of individual users
,
without being subject to any central authority that can control what is or is
not done. Where traditional social media networks effectively function as
dictatorships, applications and communities on the Nuvo blockchain function as
democracies, introducing freedoms that in many regions would otherwise be
impossible.

The best way to think of the Nuvo blockchain network is as
its own iteration of the Internet, which allows applications to be built and
communities to be formed (just like websites on the regular Internet), with a focus
on user freedom, and an underlying protocol that performs two key complementing
functions…

(i) Censorship Resistance News feeds on social media communities built
on the Nuvo blockchain network are ranked based on votes from users. That is,
if your peers in a community believe an article or posting is interesting and
relevant, their upvotes will ensure such content has a high ranking.
Conversely, if your peers feel negatively about a posting, their downvotes will
similarly ensure that poor content is displaced in favour of better content. We
would all like to think that this is exactly how traditional social media
networks rank news feeds, but it came out years ago that this was not the case,
and there were very calculated biases which tainted the integrity of news feeds5.

(ii) Incentive Economics As you can see, user participation is the
backbone of the blockchain mechanism that maintains the quality of news feeds
on Nuvo-based social media communities. That is, without users actively posting
good content, there is nothing for other users to see and enjoy. Similarly,
without users voting on content to determine if it is good or bad, there is
insufficient data to determine what should be ranked high or low on the news
feed. For this reason, the Nuvo blockchain is programmed to pay users with NUVO
token (the network’s proprietary cryptocurrency) in exchange for all forms of
engagement. In short form, it’s exactly what it sounds like… users get paid
just for using social media like they normally would, because the input
provided by their actions provides a material benefit to each community.

Most likely, this has you wondering what it is that gives
NUVO tokens value. In short, NUVO tokens equate to influence on the Nuvo
blockchain network. That is, the more NUVO you hold, the more sway you have on
the NUVO ecosystem. This influence can be used on Nuvo-based social media
communities (i.e. more impactful votes, higher visibility of postings), as well
as on governance matters relating to the Nuvo blockchain network itself. As we
all know, power and money go hand in hand, which is the simplest way to think
of the NUVO token’s value proposition. In the NUVO whitepaper, there is a
section which gives greater detail on why NUVO tokens have value: https://jamaa.com/docs/whitepaper

Jamaa a fully-functioning community on the Nuvo Blockchain Network

Currently, there is one fully-functioning community on the
Nuvo blockchain network called Jamaa.
Jamaa (which means “friend” in Swahili) is built for users in Africa, a region
in which Internet censorship is a major issue. For example, social media
websites have been known to suddenly become unavailable in parts of Africa
during election times6. Weaknesses in news feed algorithms resulting
from networks’ ignorance to the needs of African users have also been
weaponized by malicious parties to achieve political influence7.
Like all Nuvo-based communities, Jamaa gives users the opportunity to earn and
use NUVO tokens.

In less than six months of operation, Jamaa has amassed a
base of more than 15,000 users, even attracting users internationally from
Russia, Canada, and Indonesia. Yesterday, Jamaa gained an iconic user named
Kyle Kemper (https://jamaa.com/profile/kemper).
Kemper is a famed visionary of blockchain technology, and he is the
step-brother of Canadian Prime Minister Justin Trudeau. Nuvo Cash will be
launching its second social community GameKarma
(for video gamers) in May 2019, with additional plans to launch communities for
India, Southeast Asia, and the Philippines.

Nuvo Cash announced that it would be launching Nuvo Chat

Additionally, Nuvo Cash announced that it would be launching
Nuvo Chat, a decentralized messaging
and VoIP communications platform based on the Nuvo blockchain network. Nuvo
Chat will enable users to benefit from the same protections as Nuvo-based
social media communities (i.e. immunity to censorship). Nuvo Chat is part of
Nuvo Cash’s overall vision to offer users a truly decentralized and democratic
way of interacting, whether through social media postings, messages, group
discussions, or voice/video calls.

To provide early participants in the Nuvo blockchain network
an opportunity to obtain a stake in the initial supply of NUVO tokens, an
initial exchange offering for NUVO launched on ProBit on Friday April 12, 2019.
As of this writing, six cryptocurrencies are accepted as payment for NUVO
tokens (Bitcoin, Ethereum, Tether, Steem, Ripple, and ProBit’s proprietary
token PROB), and purchase bonuses as high as 10% can be had on ProBit.

Nuvo has already received media coverage in relation to the
NUVO token sale. Just before the sale commenced, the Korean branch of Asia Today published an article on Nuvo
(http://www.asiatoday.co.kr/view.php?key=20190412010008637#_enliple).
With many Asian countries poised to benefit from the capabilities of the Nuvo
blockchain network, this media attention reflects international interest in the
Nuvo blockchain network, even in its early stages.

The NUVO token
crowdsale may be accessed on ProBit at https://www.probit.com/en-us/ieo/nuvo-round1/0.

More information
about Nuvo can be seen on its main website at http://nuvo.cash.

Nuvo’s first network Jamaa can be accessed at http://jamaa.com.
Signup is free and easy, and NUVO tokens can be earned from the beginning.

If you have any
questions about Nuvo, feel free to visit its official Telegram discussion group
at https://t.me/NUVOcash.

References

1 – https://money.cnn.com/gallery/technology/2016/05/23/banned-china-10/index.html

2 – https://www.nytimes.com/2017/09/25/business/china-whatsapp-blocked.html

3 – https://data.worldbank.org/indicator/IT.NET.USER.ZS?locations=ER

4 – https://www.cam.ac.uk/research/features/internet-censorship-making-the-hidden-visible

5 – https://www.forbes.com/sites/nelsongranados/2016/06/30/how-facebook-biases-your-news-feed/#7bf2bfc21d51

6 – https://www.dw.com/en/internet-censorship-in-africa-threatens-democracy-economy/a-44956169

7 – https://www.weforum.org/agenda/2018/04/how-facebook-and-twitter-are-failing-african-users/

Source