Human civilization stands at a crossroads geopolitically, technologically, and socially, as war rages, censorship stifles, and many suffer from poor health and isolation from community. Central bank-governed fiat currency allows an unelected elite to control the credit market, devalue the currency at will, and artificially inflate asset prices by reducing the interest rate. This transfers wealth to asset owners proportional to their existing holdings - since 1% of people own 50% of the stock market in the US, this greatly exacerbates wealth inequality. Unproductive lending increases asset values in places like Manhattan without increasing the actual productive capacity of the economy. Satoshi Nakamoto directly addressed centralized banking power in the genesis block of bitcoin, but bitcoin (the currency, as opposed to the network) in its present form still incentivizes a return to mercantilism. We require an additional economic coordination layer to fully solve the problem of incentivizing flow in the global economy. Governments around the world fight against one another because they respond to the economic instinct of relative self interest, competing over a fixed pie. Central authorities like governments, central banks, and large technology firms hoard siloed data, censor dissenting opinions, and manipulate markets, preventing a source of truth. Now, with the AI revolution, millions if not billions of people fear for their job security.

Our first fund, NAVA Ventures Fund I, will invest in aligned companies and projects that form the building blocks of the decentralized AI and related infrastructure. These companies will enter into a data alliance, bringing together enriched customer lists and other data. Portfolio company founders and team members will receive membership in a PMA (private membership association), and a portion of their investment capital received will be granted as credits for goods, services, and real estate within the ecosystem of local and global vendors. This pooled capital (PMA Treasury) of members will serve as an incentive for local vendors to join the ecosystem. The Treasury will pre-purchase access rights to goods, services, and real estate in bulk from vendors, passing along discounts to members. This will also allow vendors and real estate holders to receive liquidity upfront without needing to take on debt - giving them the opportunity to invest in better offerings. We aim to include the following categories of vendors to supply all needs, first for founders and entrepreneurs, and eventually for all humans.