Mbarara Coins

Discover everything related to crypto in the city of Mbarara.

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Mbarara City, the second-largest city in Uganda after Kampala, is located in the Western Region. Kakoba Division, Kamukuzi Division, Nyamitanga Division, Biharwe Division, Kakiika Division, and Nyakayojo Division are the six boroughs or divisions that make up the city. The majority of Uganda's south-western districts' commercial hub and district administrative centre are located there. Mbarara received city status from the Ugandan government in May 2019, effective on July 1, 2020.

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Advantages of Mbarara City Coins

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

Encourage Local
Consumption in Mbarara

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

Promote Mbarara Savings and
Local Wealth Creation

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

Reduce Wealth
Inequality in Mbarara

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

Protect Mbarara from International
Market Volatility

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

UG-MBQ PRICE

UGX 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

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Leader

NYC - 53,057 PTS