NavCoin is a Proof-of-Stake (PoS) cryptocurrency designed to focus on privacy while improving the overall user-experience.
The project enables transaction privacy with ValueShuffle, which is a combination of CoinJoin, Confidential Transactions, and Stealth Addresses. NavCoin has also enabled cold staking, a feature allowing users to participate in staking on the network while keeping their coins offline (offering them with added protection vs. staking directly from hot wallet).
Users can personalize their wallets using OpenAlias, a system that allows users to create an email-style address for NAV public addresses.
The Nav token is used primarily as a private store of value and medium of exchange.