$ 0.051 6.62%
Colu Local Network (CLN) Rank 3638
| Mkt.Cap | $ 0.00000000 | Volume 24H | 0.00000000CLN |
| Market share | 0% | Total Supply | 1.54 BCLN |
| Proof type | N/A | Open | $ 0.05 |
| Low | $ 0.05 | High | $ 0.05 |
CLN
We understand that determining the value of a project can be confusing and difficult so we have put all the information you need to begin your research in one simple place. A new decentralized payment system for local communities, that changes the way money is being created and used, by bringing cryptocurrencies to the masses.
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In addition, money is being raised for local NGOs to further strengthen the local community. Neither scheme is currently based on blockchain technology. The Colu Group is also in talks with a number of other municipalities across the world, about introducing similar initiatives. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
Latest News
In recent months, the Colu Group has announced the introduction of the Belfast Coin, in partnership with Belfast City Council. It will be used to reward residents for shopping at local businesses, healthy living, civic activity and more. Meanwhile, The Colu Group has also launched a partnership with the Municipality of Tel Aviv-Yafo. TLV Coins reward residents for strengthening local businesses through the Colu app.
Token info
The CLN token is the first currency attached to real life consumption. The token will be issued on the Ethereum network as an ERC-20 token and will provide access to the CLN network and will enable communities to bootstrap. It will also represent an index value of the community currencies issued on the network and provide instant liquidity to new currencies. Colu wants to bridge the gap between the cryptocurrency market and everyday consumers by integrating cryptocurrencies into its digital wallet.
Colu cited its sense of responsibility towards token holders, including those who participated in the token sale. In recent months, the Colu Group has seen extensive growth in its work with municipalities across the globe, including significant opportunities which it wishes to pursue.
A tool for inspecting and analyzing EVM based blockchains. Group has extensive experience in blockchain and pioneers of Colored Coins. That said, adoption for community-based coins is an unknown at this stage. We want to bridge the gap between the cryptocurrency market and everyday consumers.
Colu's digital wallet app has more than 150,000 customers and over 1500 businesses, and is available in four communities in England and Israel. Bring Colu to your city by issuing a community currency.
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- Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
- It creates an alignment of interests between all stakeholders, an alternative financial model that levels the playing field.
- A tool for inspecting and analyzing EVM based blockchains.
- Colu’s CLN community currency provides a network which eliminates the need for a central authority, instead placing you in control.
Crypto enthusiasts can personalise their news experience on our website to save time and get up to speed quick on important crypto currency news from Australia and Worldwide. Members of the community will be able to own community currencies as a new source of wealth, helping communities bootstrap their local economies. This incentivizes community members to buy locally and reinvest money back into their community – while helping local business owners reduce unnecessary fees, increase cash flow and receive financial services via the Colu token.
Colu’s token will be called CLN - Colu Local Network- The CLN token will provide access to Colu Local Network for payments and issuance of community currencies. Each purchase made at merchant terminals will convert a percentage of the fiat to community currency and reward them to to the users and merchants - onboarding them as stakeholders, bootstrapping the local economy and incentivizing local spending. The CLN will provide liquidity for the community currencies and will act as a reserve allowing to move between community currencies through the CLN. The CLN creates a decentralized network of tools and services that support community payment systems. The CLN network provides a platform for currency issuers and local gateways to support payments for goods and services and provide other financial services.
The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector.
This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site.
This page displays the most recent available data for CLN. The most recently available data for this currency is from 44 days ago on 12/22/2019. Therefore, the data being displayed on this page is stale not because of shortcomings with our dataset, but because trading across this cryptocurrency is infrequent. Other pricing sites will report very old data as if it were current; we’ve decided against doing that.
TrackICO does not encourage investing in any ICOs published on the platform. Make sure to do your own thorough research before putting money into Initial Coin Offerings. All content on TrackICO is meant to be used for information purposes only, and should not be taken as financial or investment advice. Tracking of cryptocurrency markets has become even more convenient with our application.
Digital currency wallet Colu raises $14.5M to encourage buying local
We’ll bring it into the mainstream by removing the barriers to access, and by helping people trust and understand what we believe to be the future of money. Market Overview Watch updated crypto prices, market caps, volumes. Global Market Chart Historical market cap and volume for the entire market.Recently Added Discover the latest coins listed on CoinCheckup.Top Gainers Best performing coins over the last 24h.Top Losers Worst performing coins over the last 24h. CoinGecko provides a fundamental analysis of the crypto market.
Colu has been an active player in the blockchain space since 2012. Our digital wallet app was launched in early 2017 and is now operating in 4 cities in the UK and Israel with 100K users and more than 70K monthly transactions. We are now adding the ability for any community to create a localized currency and use it as a reward for local consumption. The CLN is a payment system that is powered by everyday consumption.
