Medina Coins

Discover everything related to crypto in the city of Medina.

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The capital of the Medina Province of Saudi Arabia and the second-holiest city in Islam is Medina, also known as Al Madinah Al Munawwarah or just Madinah. The city is expected to have 1,488,782 residents as of 2020, making it the fourth-most populous city in the nation. Located at the core of the Medina Province in the western reaches of the country, the city is distributed over 589 km2 (227 sq mi), of which 293 km2 (113 sq mi) constitutes the city's urban area, while the rest is occupied by the Hejaz Mountains, empty valleys, agricultural spaces and older dormant volcanoes.

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Advantages of Medina City Coins

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

Encourage Local
Consumption in Medina

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

Promote Medina Savings and
Local Wealth Creation

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

Reduce Wealth
Inequality in Medina

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

Protect Medina from International
Market Volatility

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

SA-MED PRICE

SAR 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

0 / 185

Leader

NYC - 53,057 PTS