Discover everything related to crypto in the city of Sandavagur.
The Faroese island of Vágar's southern coast is home to the city of Sandavágur. The name Sandavágur, which translates to "sandy bay," alludes to an earlier, much larger sandy beach. All of the southern Faroe Islands may be seen from a single location in Sandavágur. Prior to 1 January 2009, Sandavágur was a municipality. On that date, it merged with the nearby village of Mivágur to form the new municipality of Vágar.
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Advantages of Sandavagur City Coins
Discover the unique advantages offered by the coins of the city of Sandavagur.
Consumption in Sandavagur
Boost the Sandavagur economy by encouraging local consumption, avoid relocation and increase the ability of producers to hire.
Promote Sandavagur Savings and
Local Wealth Creation
Promote local wealth creation and savings with the validity of the Sandavagur Coins being limited to a territory and the service of the local economic force (small local shops, local producers, etc.).
Facilitate economic cooperation between you the resident, and Sandavagur. Encourage city manufacturers to reduce the transportation of products and take action against climate change.
Receive a basic income each month by participating in common actions - selected by the Sandavagur community - for the good of the city.
Inequality in Sandavagur
Provide the vast majority of the newly issued Sandavagur Coins to the residents as a form of universal basic income to reduce the gap between the rich and the poor.
Protect Sandavagur from International
No need to worry about fueling market speculation with derivative assets. The Sandavagur Coins improve the territory in which they are administered, losing all value outside of it.
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