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About Escudo Navacense
EscudoNavacense (ESN) is the legal currency of the Grand Duchy of Navassa; therefore, it is the first cryptocurrency that is constituted as the national currency of a country.
Navassa is established as an independent state, free and sovereign right; plural and participatory; social, corporate, and scientific, structured as a parliamentary constitutional monarchy with democratic institutions. The State of Navassa stands as a Grand Duchy. For all purposes, it is called the Grand Duchy of Navassa, which, on October 12, 2005, declared the absolute independence of the Territory of the island of Navassa from any other power, State, or foreign government and confirmed its full sovereignty based on the established degree by King Carlos I of Spain, by Royal Charter of July 17, 1543 (Act 8th of Title XV of Book II of the Laws of the Indies), why the creation of the Royal Court and Chancery Real de Santa Fe in the New Kingdom of Granada prepared and determined its administrative and judicial jurisdiction, granting the Territory of Navassa to the New Kingdom of Granada.
To them, not having been claimed by the Republic of Colombia a shaped turn, Territory could be claimed as a new free, sovereign, and independent state based on the gens ius commune and is.
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