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Topic: A small village strengthening it's Economy by cryptocurrencies. - page 5. (Read 648 times)

hero member
Activity: 3080
Merit: 603
I have heard about their prefecture or watched it in a show that's educating viewers on how that village is a well place and cultural village (though Japan is giving importance to their culture). Now they will launch their own token that also aims to be used globally. No date of release yet but this can be also an attractive move to make other municipals to take a look at ICO and do their own. What if all of their municipalities started to launch their own ICO? Btw, their coin will be Nishiawakura Coin (NAC)  to those that haven't read yet the article.
full member
Activity: 462
Merit: 102
Reading the title seems unbelievable at first,, but knowing that this small village is located in Japan then my doubts turns into admiration.. ICO might not be my favorite crypto ever since,, but to make it used for this cause is amazingly interesting..

I do adore such move and camaraderie on each person living and part of this effort to make a change and to have a better economical status of their village and for each villagers financial stability.. A possibility that only japan can do,, as of now..

No release date as of yet,, but I will wait for update soon..
newbie
Activity: 50
Merit: 0
wow amazingly the power of cryptocurrency is indeed terrible. cool
full member
Activity: 406
Merit: 100
This is good news, this is can make other country follow this strategi.
If my country use cryptocurrency in real life, i believe that can be better.
hero member
Activity: 2646
Merit: 584
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There's no need to launch an ICO just to strengthen their village by gaining funds from it. Japan is a crypto loving country and it has shown on how it is very well helpful to the economy.
AFAIK they have already monacoin for their altcoin and bitcoin as main cryptocurrency. What if all small villages in Japan do the same thing? they will just add to crowded initial coin offerings that will only generate worthless tokens. Most of them will still rely to bitcoin after ICO for sure.
pey
sr. member
Activity: 546
Merit: 251
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I think their ico can be more profitable than many ICos in the market Cheesy but as it is not attractful it will probably not raise any money, scam ICOs are better for most people...
full member
Activity: 208
Merit: 100
This look very intresting for cryptocurrency future, slowly but sure crypto keep growing and growing.

How about bitcoin ? can bitcoin keep up ? and keep being the number 1 crypto currency ?  Roll Eyes
newbie
Activity: 224
Merit: 0
A small japanese village named, Nishiawakura is making their economy much more beneficial with the help of cryptocurrencies by launching a Initial Coin Offering. I think it is a best way to help some small villages to grow up with really good profits and also it might bring the cryptocurrencies some more close to legalisation.

The village is home of approximately 1500 villagers and and they unveiled their plans to launch a regional initial coin offering.
Report by coindesk https://www.coindesk.com/japanese-village-to-launch-nations-first-municipal-ico/

This is a perfect head start and i hope that several such villages can soon adapt this strategy to strengthen their economy
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