Sumqayit Coins

Discover everything related to crypto in the city of Sumqayit.

Sumgait is the second-largest city in Azerbaijan, located near the Caspian Sea, about 31 kilometres away from the capital, Baku. With a population of about 345,300, the city is Azerbaijan's second-largest city after the capital Baku.

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Advantages of Sumqayit City Coins

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

Encourage Local
Consumption in Sumqayit

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

Promote Sumqayit Savings and
Local Wealth Creation

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

Reduce Wealth
Inequality in Sumqayit

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

Protect Sumqayit from International
Market Volatility

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

AZ-SUMQAYIT PRICE

AZN 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

0 / 185

Leader

NYC - 53,057 PTS