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Damongo Coins
Discover everything related to crypto in the city of Damongo.
The town of Damongo serves as the administrative centre of West Gonja Municipal, which is located in northern Ghana's Savannah Region. With the implementation of the Constitutional Instrument (CI) 105, which was signed by the President of the Republic of Ghana and handed to the Yagbonwura in Jubilee House Accra, Damongo was designated the capital of the recently established Savannah Region on February 12, 2019. The Yagbonwura, the Overlord of the Gonja Kingdom, resides in Damongo. Additionally, it serves as the seat of the Damongo Constituency's incumbent MP, Hon. Samuel Abu jinapor.
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Advantages of Damongo City Coins
Discover the unique advantages offered by the coins of the city of Damongo.
Encourage Local
Consumption in Damongo
Boost the Damongo economy by encouraging local consumption, avoid relocation and increase the ability of producers to hire.
Promote Damongo Savings and
Local Wealth Creation
Promote local wealth creation and savings with the validity of the Damongo 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 Damongo. 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 Damongo community - for the good of the city.
Reduce Wealth
Inequality in Damongo
Provide the vast majority of the newly issued Damongo Coins to the residents as a form of universal basic income to reduce the gap between the rich and the poor.
Protect Damongo from International
Market Volatility
No need to worry about fueling market speculation with derivative assets. The Damongo Coins improve the territory in which they are administered, losing all value outside of it.
GH-DAMONGO PRICE
GHS 1.00
- $0.27 USD
- +0.44%
50,671 PTS
Rank
0 / 185
Leader
NYC - 53,057 PTS
