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Famagusta Coins
Discover everything related to crypto in the city of Famagusta.
On Cyprus's east coast sits the city of Famagusta. It is situated east of Nicosia and has the island's deepest harbour. Famagusta was the island's most significant port city throughout the Middle Ages and a hub for trade with the Levantine ports, from which Silk Road traders shipped their wares to Western Europe. Northern Cyprus, which Cyprus claims, is in de facto control of the historic walled city and some portions of the contemporary city. The capital of Northern Cyprus's Gazimausa District is Famagusta.
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Advantages of Famagusta City Coins
Discover the unique advantages offered by the coins of the city of Famagusta.
Encourage Local
Consumption in Famagusta
Boost the Famagusta economy by encouraging local consumption, avoid relocation and increase the ability of producers to hire.
Promote Famagusta Savings and
Local Wealth Creation
Promote local wealth creation and savings with the validity of the Famagusta 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 Famagusta. 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 Famagusta community - for the good of the city.
Reduce Wealth
Inequality in Famagusta
Provide the vast majority of the newly issued Famagusta Coins to the residents as a form of universal basic income to reduce the gap between the rich and the poor.
Protect Famagusta from International
Market Volatility
No need to worry about fueling market speculation with derivative assets. The Famagusta Coins improve the territory in which they are administered, losing all value outside of it.
CY-FAMAGUSTA PRICE
CYP 1.00
- $0.27 USD
- +0.44%
50,671 PTS
Rank
0 / 185
Leader
NYC - 53,057 PTS
