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Wollongong Coins
Discover everything related to crypto in the city of Wollongong.
Wollongong, sometimes known as "The Gong," is a city in the Australian state of New South Wales' Illawarra division. The word woolyungah, which meant five islands in the Aboriginal language at the time of colonisation, is assumed to have been the source of the name. 85 kilometres south of the centre of Sydney, Wollongong is located on the confined coastal strip between the Pacific Ocean and the Illawarra Escarpment. Wollongong had an estimated urban population of 302,739 at June 2018, making it the third-largest city in New South Wales after Sydney and Newcastle and the tenth-largest city in Australia by population. Gordon Bradbery AM is the city's current Lord Mayor; he was chosen in 2021.
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Advantages of Wollongong City Coins
Discover the unique advantages offered by the coins of the city of Wollongong.
Encourage Local
Consumption in Wollongong
Boost the Wollongong economy by encouraging local consumption, avoid relocation and increase the ability of producers to hire.
Promote Wollongong Savings and
Local Wealth Creation
Promote local wealth creation and savings with the validity of the Wollongong 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 Wollongong. 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 Wollongong community - for the good of the city.
Reduce Wealth
Inequality in Wollongong
Provide the vast majority of the newly issued Wollongong Coins to the residents as a form of universal basic income to reduce the gap between the rich and the poor.
Protect Wollongong from International
Market Volatility
No need to worry about fueling market speculation with derivative assets. The Wollongong Coins improve the territory in which they are administered, losing all value outside of it.
AU-YXWL PRICE
AUD 1.00
- $0.27 USD
- +0.44%
50,671 PTS
Rank
0 / 185
Leader
NYC - 53,057 PTS
