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Somoto Coins
Discover everything related to crypto in the city of Somoto.
The administrative centre of the Madriz department is the city and municipality of Somoto, which is situated in the hills of northern Nicaragua. Aproximate distances from Ocotal and Estel are 20 and 51 kilometres, respectively. It is located on the Pan-American Highway about 16 kilometres from the El Espino border crossing with Honduras.
No Data Found
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Advantages of Somoto City Coins
Discover the unique advantages offered by the coins of the city of Somoto.
Encourage Local
Consumption in Somoto
Boost the Somoto economy by encouraging local consumption, avoid relocation and increase the ability of producers to hire.
Promote Somoto Savings and
Local Wealth Creation
Promote local wealth creation and savings with the validity of the Somoto 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 Somoto. 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 Somoto community - for the good of the city.
Reduce Wealth
Inequality in Somoto
Provide the vast majority of the newly issued Somoto Coins to the residents as a form of universal basic income to reduce the gap between the rich and the poor.
Protect Somoto from International
Market Volatility
No need to worry about fueling market speculation with derivative assets. The Somoto Coins improve the territory in which they are administered, losing all value outside of it.
NI-SOMOTO PRICE
NIO 1.00
- $0.27 USD
- +0.44%
50,671 PTS
Rank
0 / 185
Leader
NYC - 53,057 PTS
