Salem Coins

Discover everything related to crypto in the city of Salem.

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On the banks of the Thirumanimutharu River in the Indian state of Tamil Nadu, Salem is the largest city in the Salem district. Next to Chennai, Coimbatore, Madurai, Tiruchirappalli, and Tiruppur, Salem is the sixth-largest urban agglomeration and metropolitan city in the state by population. Salem is also the sixth-largest city in Tamil Nadu by area, with a land area of 124 km2 (48 sq mi).

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Advantages of Salem City Coins

Discover the unique advantages offered by the coins of the city of Salem.

Encourage Local
Consumption in Salem

Boost the Salem economy by encouraging local consumption, avoid relocation and increase the ability of producers to hire.

Promote Salem Savings and
Local Wealth Creation

Promote local wealth creation and savings with the validity of the Salem 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 Salem. 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 Salem community - for the good of the city.

Reduce Wealth
Inequality in Salem

Provide the vast majority of the newly issued Salem Coins to the residents as a form of universal basic income to reduce the gap between the rich and the poor.

Protect Salem from International
Market Volatility

No need to worry about fueling market speculation with derivative assets. The Salem Coins improve the territory in which they are administered, losing all value outside of it.

IN-SXV PRICE

INR 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

0 / 185

Leader

NYC - 53,057 PTS