the AmbaCoin the crypto-currency that is designed to help the separatist state of Ambazonia to financial independence. With the advance of the separatists are trying to detach themselves from the African state of Cameroon. After Venezuela, another “state” to ICO. The Public Sale will start promptly start to Christmas.
By Phillip Horch
13. December 2018ShareFacebookTwitterLinkedInxingemail
You might feel in Venezuela reminds. A crisis-stricken country is trying to obtain a state of their own crypto currency independence. The case AmbaCoin shows, once again, both the geopolitical as well as economic Potential of crypto-currencies.
Ambazonia: In the fight against Cameroon
Ambazonia or Amba country is a Region in the South of Cameroon, in the year 2017 by the Southern Cameroons Ambazonia Consortium United Front to their independence of Cameroon to explain. For some time Mr. citizen there is in a state of war: The government does not recognise Amba country, the separatists are trying, however, their independence violently enforce. The country is split, with no social or economic progress.
AmbaCoin to enforce independence
the elimination of Amba country or Ambazonia now on a currency level, wants to call a part of the separatists now get your own crypto currency. The AmbaCoin, the White Paper, have primarily two goals. The initiators want to raise the capital to your request for Separation at the United Nations. On the other, the AmbaCoin to help, “the economy of the country”. Furthermore, it should be possible for inhabitants of Africa possible to trade without restrictions across borders.
Ethereum-based Token Christmas may be available, see
As the White Paper, to base the Token on the Ethereum block Chain. By means of Smart Contracts, the publishers want to control the token distribution. The Consensus Proof-of-Stake, the reputation of the publisher as efficient as the Proof-of-Work mechanism in the case of Bitcoin. As an incentive for Amba-Coin-Hodler, the editors provide an annual Bonus of five percent. The ERC20-Token is to ultimately get his own Wallet, however, conventional Wallets of storable.
The Public Sale starts on Christmas eve on the 24th. December.
