Post
Topic
Board Economics
Re: A small village strengthening it's Economy by cryptocurrencies.
by
matchi2011
on 23/06/2018, 11:58:42 UTC
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
Quite a good start for developing this system, crypto can lift economy if being used correctly and will be adopt by people who really care with the system, I see that this village might gain lots of supports coming from outside investors if they really provide good marketing and clear road maps, planning this type of project might be hard but if being successful they can be the good example of economy being lifted by blockchain inspired system.