Torshavn Coins
Discover everything related to crypto in the city of Torshavn.
The capital and largest city of the Faroe Islands is Torshavn, sometimes known as Havn colloquially. It is located on Streymoy's eastern coast in the southernmost section. To the northwest of the city lies the 347-meter-high (1,138 ft) mountain Húsareyn, and to the southwest, the 350-meter-high (1,150 ft) Kirkjubøreyn. The Sandá River separates them. The population of the city itself is 13,891 people (2022), while there are 21,078 people living in the surrounding urban area.
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Advantages of Torshavn City Coins
Discover the unique advantages offered by the coins of the city of Torshavn.
Encourage Local
Consumption in Torshavn
Boost the Torshavn economy by encouraging local consumption, avoid relocation and increase the ability of producers to hire.
Promote Torshavn Savings and
Local Wealth Creation
Promote local wealth creation and savings with the validity of the Torshavn 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 Torshavn. 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 Torshavn community - for the good of the city.
Reduce Wealth
Inequality in Torshavn
Provide the vast majority of the newly issued Torshavn Coins to the residents as a form of universal basic income to reduce the gap between the rich and the poor.
Protect Torshavn from International
Market Volatility
No need to worry about fueling market speculation with derivative assets. The Torshavn Coins improve the territory in which they are administered, losing all value outside of it.
FO-TORSHAVN PRICE
DKK 1.00
- $0.27 USD
- +0.44%
50,671 PTS
Rank
0 / 185
Leader
NYC - 53,057 PTS