NavCoin is an open-source, blockchain-based Proof of Stake cryptocurrency. Its design is public, nobody owns or controls NavCoin, and everyone can take part. It’s a platform that’s run by its users, for its users – with an incentivized network of nodes verifying payments all around the world. 

     NavCoin is a community-run network that was started in 2014. It initially used Proof of Work, but quickly made the shift to Proof of Stake. With no ICO or premine, NavCoin has always been self-funded to ensure a fair distribution and that everyone has a chance to get involved.