Mendefera Coins

Discover everything related to crypto in the city of Mendefera.

The capital of Eritrea's Southern Region, or Zoba Debub, is the historic town of Mendefera, formerly known as Adi Ugri. The town's name, which means "who dared it" (in English) or " " (in Tigrinya) as it was once a rainforest, comes from the tall hill in the city's centre. Eritreans take great pride in this name. The city serves as a symbol of the neighbourhood anti-colonial campaign.

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Advantages of Mendefera City Coins

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

Encourage Local
Consumption in Mendefera

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

Promote Mendefera Savings and
Local Wealth Creation

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

Reduce Wealth
Inequality in Mendefera

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

Protect Mendefera from International
Market Volatility

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

ER-MENDEFERA PRICE

ETB 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

0 / 185

Leader

NYC - 53,057 PTS