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El Dorado Coins
Discover everything related to crypto in the city of El Dorado.
El Dorado, originally El Hombre Dorado or El Rey Dorado, was the term used by the Spanish in the 16th century to describe a mythical tribal chief (zipa) or king of the Muisca people, an indigenous people of the Altiplano Cundiboyacense of Colombia, who as an initiation rite, covered himself with gold dust and submerged in Lake Guatavita. As El Dorado transitioned from being a man to a city to a kingdom to an empire, the mythology surrounding it altered over time.
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Advantages of El Dorado City Coins
Discover the unique advantages offered by the coins of the city of El Dorado.
Encourage Local
Consumption in El Dorado
Boost the El Dorado economy by encouraging local consumption, avoid relocation and increase the ability of producers to hire.
Promote El Dorado Savings and
Local Wealth Creation
Promote local wealth creation and savings with the validity of the El Dorado Coins being limited to a territory and the service of the local economic force (small local shops, local producers, etc.).
Facilitate Economic
Cooperation
Facilitate economic cooperation between you the resident, and El Dorado. Encourage city manufacturers to reduce the transportation of products and take action against climate change.
Encourage
Social Initiatives
Receive a basic income each month by participating in common actions - selected by the El Dorado community - for the good of the city.
Reduce Wealth
Inequality in El Dorado
Provide the vast majority of the newly issued El Dorado Coins to the residents as a form of universal basic income to reduce the gap between the rich and the poor.
Protect El Dorado from International
Market Volatility
No need to worry about fueling market speculation with derivative assets. The El Dorado Coins improve the territory in which they are administered, losing all value outside of it.
MX-0885 PRICE
MXN 1.00
- $0.27 USD
- +0.44%
50,671 PTS
Rank
0 / 185
Leader
NYC - 53,057 PTS
