Asmara Coins

Discover everything related to crypto in the city of Asmara.

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The capital and largest city of Eritrea is Asmara, also known as Asmera, which is located in the Central Region of the nation. At 2,325 metres (7,628 feet) above sea level, it is the sixth-highest capital in the world. The city is situated at the northernmost point of an escarpment that separates the Great Rift Valley in neighbouring Ethiopia from the Eritrean Highlands. Due to the city's well-preserved modernist architecture, it was named a UNESCO World Heritage Site in 2017. There were between 100 and 1,000 people living on the Asmera site when it was initially inhabited in 800 BC. Four distinct villages united to live together peacefully after many periods of conflict, and the city was subsequently created in the 12th century AD. In the final years of the 19th century, Asmara, a city in Italy, became the capital of Eritrea.

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Advantages of Asmara City Coins

Discover the unique advantages offered by the coins of the city of Asmara.

Encourage Local
Consumption in Asmara

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

Promote Asmara Savings and
Local Wealth Creation

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

Reduce Wealth
Inequality in Asmara

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

Protect Asmara from International
Market Volatility

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

ER-ASM PRICE

ETB 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

0 / 185

Leader

NYC - 53,057 PTS