Muscat Coins

Discover everything related to crypto in the city of Muscat.

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The capital and largest city of Oman is Muscat. The Governorate of Muscat is headquartered there. The National Centre for Statistics and Information (NCSI) estimates that as of September 2018, there were 1.4 million people living in the Muscat Governorate. The metropolitan region, which encompasses six provinces known as wilayats, is around 3,500 km2 (1,400 sq mi) in size. Muscat has had different periods of foreign and indigenous authority throughout its history, including the Persians, the Portuguese Empire, the Iberian Union, and the Ottoman Empire. Muscat has been known as a major commercial port between the west and the east from the early first century AD. In the 18th century, Muscat was a regional military power whose influence reached as far as East Africa and Zanzibar. Muscat drew foreign traders and settlers from other countries, like the Persians and the Balochis, as an important port city in the Gulf of Oman. Muscat has rapidly developed its infrastructure since Qaboos bin Said became Sultan of Oman in 1970, which has fueled the expansion of a thriving economy and a multiethnic culture. According to the Globalization and World Cities Research Network, Muscat is a Beta - Global City.

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Advantages of Muscat City Coins

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

Encourage Local
Consumption in Muscat

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

Promote Muscat Savings and
Local Wealth Creation

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

Reduce Wealth
Inequality in Muscat

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

Protect Muscat from International
Market Volatility

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

OM-MCT PRICE

OMR 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

0 / 185

Leader

NYC - 53,057 PTS