Olaine Coins

Discover everything related to crypto in the city of Olaine.

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Olaine is a city in the Vidzeme area of Latvia's Olaine Municipality. In 1967, Olaine received town privileges. The name comes from the Saint Olai Church, built by the Misa river under Swedish rule in the 17th century. At this location, there is still a cemetery. On the Riga-Mitau line, a railroad halt called "Olai" was constructed after 1868. After Latvian independence, in 1919 "Olai" was renamed to "Olaine", in line with the Latvianisation of topological names all over Latvia. The population was 10,668 in 2020.

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Advantages of Olaine City Coins

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

Encourage Local
Consumption in Olaine

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

Promote Olaine Savings and
Local Wealth Creation

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

Reduce Wealth
Inequality in Olaine

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

Protect Olaine from International
Market Volatility

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

LV-OLAINE PRICE

LVL 1.00

  • $0.27 USD
  • +0.44%

50,671 PTS

Rank

0 / 185

Leader

NYC - 53,057 PTS