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Welkom Coins
Discover everything related to crypto in the city of Welkom.
In South Africa's Free State province, Welkom is the second-largest city and is situated about 140 km (90 km) northeast of Bloemfontein, the provincial capital. Circle City, City Within A Garden, Mvela, and Matjhabeng are additional names for Welkom. The city's Sesotho name, Matjhabeng means 'where nations meet', derived from the migrant labour system, where people of various countries such as Lesotho, Malawi and Mozambique etc. met to work in the mines of the gold fields.
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Advantages of Welkom City Coins
Discover the unique advantages offered by the coins of the city of Welkom.
Encourage Local
Consumption in Welkom
Boost the Welkom economy by encouraging local consumption, avoid relocation and increase the ability of producers to hire.
Promote Welkom Savings and
Local Wealth Creation
Promote local wealth creation and savings with the validity of the Welkom 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 Welkom. 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 Welkom community - for the good of the city.
Reduce Wealth
Inequality in Welkom
Provide the vast majority of the newly issued Welkom Coins to the residents as a form of universal basic income to reduce the gap between the rich and the poor.
Protect Welkom from International
Market Volatility
No need to worry about fueling market speculation with derivative assets. The Welkom Coins improve the territory in which they are administered, losing all value outside of it.
ZA-FAWM PRICE
ZAR 1.00
- $0.27 USD
- +0.44%
50,671 PTS
Rank
0 / 185
Leader
NYC - 53,057 PTS
