Black spending power in the United States is projected to reach $1.7 trillion by 2030, according to a McKinsey & Company report. Still, Black consumers are significantly underserved and inequalities cost the U.S. economy about $300 billion each year.
We envision a world where Nafuloo Token (NAFU) is used as a global digital currency for the African Diaspora.
BREAK BARRIERS.
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.
*As of 1.16.2022. Significant changes require community approval and advanced notice.
We identified a need for a token and community for those most at risk of being left out of the digital economy, including members of the African diaspora; individuals with mental or physical disabilities who may find it more challenging to participate in the cryptocurrency ecosystem; women; the LATINX
community; older adults; incarcerated or formally incarcerated persons; unbanked, underbanked and
other disadvantaged communities; and small businesses. Nafuloo Token was created to bring value to the entire cryptocurrency ecosystem by educating and creating enthusiasm about cryptocurrency among these communities.
The Nafuloo Token White Paper was pubished and NAFU was released on the Stellar Decentralized Exchange (DEX).
In October 2021, we burned 500 Million NAFU. In addition, we locked 2 Billion NAFU in this wallet until October 2023. Once unlocked, the community will vote on how to use and allocate these tokens.
We created the XLM/NAFU Liquidity Pool pair. If you need help contributing to this pool pair, please post in the Telegram chat.
We launched an online community called Nafuloo.network that will be used to connect merchants and vendors that accept NAFU to Nafuloo wallet holders. We launched Nafuloo Token to be the currency that powers a p2p payment network of small businesses and individuals that boldly embrace Diversity, Equity and Inclusion. NAFU is a currency and medium of exchange first and foremost. We encourage our community to talk to small business owners about accepting NAFU.
In February we released a unique set of 54 Nafuloo Panda Card Club NFTs to commemorate the release of the Nafuloo Panda Playing card deck. Each unique NFT represents 1/54 cards in the deck. NFT holders will be entitled to:
We introduced Nafulium (NFIUM) — the first ever token on the Stellar Blockchain where 99.9% of the available supply will have to be put into circulation by unlocking (social mining) them. See https://nafuloo.com/nafuium for more information.
We will launch the online version of Nafuloo Panda Spades game, that will allow players to earn Nafulium (NFIUM). For more information, be sure to follow our social media accounts and join our Telegram chat and community Discord. In the meantime, brush up on your Spades skills, as the card will be nearly identical to the game of Spades, but with different suits, face cards and values.
