Sibu Coins

Discover everything related to crypto in the city of Sibu.

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Sarawak's central area contains the inland city of Sibu. It serves as the Sibu District's capital in Sarawak, Malaysia's Sibu Division. The city has a total size of 129.5 square kilometres (50.0 square miles) and is situated on the island of Borneo. It is located at the confluence of the Rajang and Igan Rivers, some 60 kilometres from the South China Sea and approximately 191.5 kilometres (119 mi) north-east of the state capital Kuching. Most of the population of Sibu is of Chinese ethnicity, primarily from Fuzhou. Other ethnic groups such as Iban, Malay and Melanau are also present, but unlike other regions of Sarawak, they are not as significant. The city had 162,676 residents as of 2010.

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Advantages of Sibu City Coins

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

Encourage Local
Consumption in Sibu

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

Promote Sibu Savings and
Local Wealth Creation

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

Reduce Wealth
Inequality in Sibu

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

Protect Sibu from International
Market Volatility

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

MY-SBW PRICE

MYR 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

0 / 185

Leader

NYC - 53,057 PTS