👋Welcome to Nafuloo

Closing the digital divide and empowering individuals worldwide by incentivizing them to learn about emerging technologies, AI, and the digital economy.

Introduction

Nafuloo is driving a movement that aims to close the digital divide and propel individuals across the globe into the future of technology. We believe everyone deserves access to the knowledge and tools shaping tomorrow's world, such as artificial intelligence (AI) and the ever-evolving digital economy.

Overview of the Digital and Algorithmic Divide

In today's increasingly digital landscape, internet access has become essential for navigating everyday life, from accessing educational resources and government services to participating in the workforce and engaging in civic life. The United Nations Human Rights Council has even recognized the right to access the internet as crucial for exercising other fundamental human rights, such as freedom of expression and opinion. However, millions of individuals, particularly those residing in underserved communities, lack the necessary infrastructure and resources to fully participate in the digital world.

  • Early Roots: While the term "digital divide" gained popularity in the 1990s, its origins stretch back further. Socioeconomic inequalities have always influenced access to new technologies. The printing press, the telephone, and even widespread literacy all created divides based on who could afford and utilize these innovations.

  • The Rise of Personal Computers and the Internet: The 1980s and 90s saw the birth of personal computers and the early internet. Access was largely limited to affluent households and those in developed nations. This gap was highlighted in the US Department of Commerce's 1995 report, "Falling Through the Net," which coined the widely-used term "digital divide."

  • Factors Contributing to the Divide: The digital divide persists due to a complex mix of factors:

    • Income inequality: Affordability of computers, devices, and internet service still plays a major role.

    • Geographic Disparities: Rural and remote communities often lack robust digital infrastructure.

    • Educational Gaps: Digital literacy and tech skills create another layer of division, impacting how people use the internet even when they have access.

    • The Disability Divide: Technologies and online resources are not always designed with accessibility in mind, excluding populations with disabilities.

  • Global Dimension: The digital divide isn't just about disparities within countries, but also between developed and developing nations.

This lack of access has profound economic consequences. In an era where digital skills are increasingly in demand, the digital divide excludes individuals from a growing number of job opportunities. From online learning platforms to remote work possibilities, the digital landscape offers numerous avenues for economic advancement, but these avenues remain inaccessible to those without the necessary tools and skills. Furthermore, limited internet connectivity hinders participation in the digital economy, restricting opportunities for entrepreneurship and e-commerce, particularly in geographically disadvantaged regions.

Closing the digital divide is not simply a matter of social justice; it is one of the most critical economic issues of our time. By ensuring equitable access to technology and fostering digital literacy, we can empower individuals and communities to participate fully in the digital economy. The urgency of addressing this issue is further amplified by the rapid development of Artificial Intelligence (AI), which has the potential to exacerbate existing inequalities and widen the digital divide even further.

The Algorithmic Divide and National Security While the digital divide remains a critical issue, the emergence of Artificial Intelligence (AI) presents a new and potentially more concerning challenge. As AI transforms various sectors, it has the potential to exacerbate existing inequalities and widen the digital divide in several troubling ways.

One major concern lies in the potential for AI-driven job displacement. Automation is projected to eliminate millions of jobs, particularly in low-wage and manual labor sectors where communities of color are already disproportionately represented. Without access to retraining and upskilling opportunities, these communities risk being further marginalized in the AI-powered economy.

Furthermore, AI algorithms, despite their potential for efficiency and accuracy, are not immune to bias. Biases embedded in the data used to train them can lead to discriminatory outcomes in areas like loan approvals, employment opportunities, and criminal justice. Communities of color, already facing systemic biases, could be further disadvantaged by unchecked AI systems.

The benefits of AI also risk being unequally distributed. Access to high-speed internet, advanced computing power, and specialized training in AI and data science are crucial for harnessing its potential. Without these resources, individuals and communities already struggling with the digital divide will be further excluded from the opportunities and advancements powered by AI.

This potential for unequal access creates an "algorithmic divide" challenge, similar to the digital divide. This divide would separate those who understand and can leverage AI from those who lack the knowledge and skills to do so. The result could be a stratified society where a privileged few benefit from AI advancements, while the majority struggles to keep pace with the evolving technological landscape.

If we view the digital divide as a source of economic, political, and social inequality, the algorithmic divide stands a chance to facilitate the creation of a world of the “haves and have-nots."

The goal of the Nafuloo Society is to close the digital divide and ensure no one gets left behind.

BREAK BARRIERS.

You can get Nafuloo by accepting it as payment for goods and services. There are also several ways you can buy Nafuloo:

Worldwide Transactions

Nafuloo Token moves across borders quickly, reliably, and for fractions of a penny, and can be easily converted to other cryptocurrencies and fiat money in the process.

Fixed Supply

Nafuloo has a fixed supply. There will never be more than 10 billion NAFU. In addition, 2 billion NAFU are locked and won’t be sold or distributed until October 2023- at which time the community will decide what to do with them.

Secure Payments

Because Nafuloo is on the Stellar blockchain, it utilizes a Federated Byzantine Agreement (FBA) which is a special paradigm that reaches consensus between its nodes. This ensures financial security which is integral to its system.

Fast Money Transfer

Because NAFU is on the Stellar blockchain, it can be transferred around the world in just 3-5 seconds for a fraction of a penny. This fast speed and low cost makes it ideal for a global peer-to-peer payment system.

Getting Started with Nafuloo

Using Nafuloo to transact is easy and accessible to everyone.

1

Inform Yourself

2

Choose Your Wallet

3

Get Nafuloo

4

Spend Nafuloo

5

Accept Nafuloo

Storing and Exchanging Nafuloo and other Digital Assets is Risky

You should take time to inform yourself before using XLM, Nafuloo, or any other Stellar asset. Nafuloo and other digital currencies should be treated with the utmost care. We recommend:

  1. Learn about the Stellar Network on Stellar.org.

  2. Secure Your Wallet. The Stellar Network makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money, but always remember that it is your responsibility to adopt good practices in order to protect your money.

  3. Nafuloo Price is Volatile. The price of a Nafuloo can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. Nafuloo should be seen like a high risk asset, and you should never purchase Nafuloo with money you can't afford to loose.

  4. Nafuloo Payments are Irreversible. A Nafuloo transaction cannot be reversed, it can only be refunded by the person receiving the funds. This means you should take care to do business with people and organizations you know and trust, or who have an established reputation.

Free wallets and exchanges for the Stellar Networks are available for all major operating systems and devices to serve a variety of your needs, including buying, storing and sending Nafuloo. For example, you can install an app on your mobile device for everyday use or you can have a wallet only for online payments on your computer. In any case, choosing a wallet is easy and can be done in minutes. Here are some wallets and exchanges that allow you to buy and store Nafuloo:

You can get Nafuloo by accepting it as payment for goods and services. There are also several ways you can buy Nafuloo:

There are a growing number of services and merchants accepting Nafuloo all over the world. Use Nafuloo to pay them and tell others about your experience to help them gain more visibility. Also ask your favorite local merchants, service providers, restaurants and other small businesses to consider accepting Nafuloo Token.

Nafuloo does not require merchants to change their habits. However, Nafuloo is different than what you know and use every day:

  1. You can process payments and invoices by yourself or you can use merchant services and deposit money in your local currency or Nafuloo. Most point of sales businesses use a tablet or a mobile phone to let customers pay with their mobile phones.

  2. Merchants often deposit and display prices in their local currency. In other cases, Nafuloo works similarly to a foreign currency. To get appropriate guidance regarding tax compliance for your own jurisdiction, you should contact a qualified accountant.

  3. There is a growing number of users searching for ways to spend their Nafuloo. You can submit your business in online directories to help them easily find you. You can also display the Nafuloo logo on your website or your brick and mortar business.

Tokenomics

Nafuloo Believes in Transparency

*As of 3.20.2023. Significant changes require community approval and advanced notice.

  • 2 billion tokens locked in this team wallet until October 2024.

  • Tokens in this team wallet will not be sold and will only be used for liquidity and will be added to NAFU/XLM and NAFU/USDC Liquidity Pools. Once all NAFU in this team wallet has been deposited in Liquidity pools, this wallet will be locked forever to guarantee project liquidity. Once this wallet adds to a liquidity pool, that liquidity will NEVER be withdrawn.

Get NAFU on Popular Platforms

We recommend using any of the Stellar apps below. (click logo to purchase or view market)

FEATURED IN

We have been featured in many outlets covering cryptocurrency and blockchain projects.

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