Porto Amboim Coins

Discover everything related to crypto in the city of Porto Amboim.

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Angola's Cuanza Sul Province is home to the port city of Porto Amboim, which has a population of 65,000 and a total area of 4,638 km2. In the past Porto Amboim was connected by an isolated 123 km 610 mm narrow gauge railway to Gabela, albeit closed in 1987 due to the civil war and to the abandonment of most coffee plantations, the biggest source of revenue from Gabela. Originally Porto Amboim was known as Kissonde, a small village later colonized in 1587 by the Portuguese naming it Benguela and later Benguela Velha due to the creation of another village today known as Benguela located 350 km south of Benguela Velho. The name was changed to Porto Amboim in 1923. In 2014, Porto Amboim is one of the offshore industry's fastest-growing hubs. A planned development region is the pre-salt in front of the Angolan coast, with Porto Amboim in the centre. Porto Amboim is growing thanks to businesses like Paenal, a partnership between Sonangol, SBM, and DSME, and Heerema Porto Amboim, the two main offshore fabrication yards.

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Advantages of Porto Amboim City Coins

Discover the unique advantages offered by the coins of the city of Porto Amboim.

Encourage Local
Consumption in Porto Amboim

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

Promote Porto Amboim Savings and
Local Wealth Creation

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

Reduce Wealth
Inequality in Porto Amboim

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

Protect Porto Amboim from International
Market Volatility

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

AO-PORTO AMBOIM PRICE

AOA 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

0 / 185

Leader

NYC - 53,057 PTS