After many years of political and economic marginalization, the people of Southern Cameroon have formed their own state despite the tyrannical and violent response of the Cameroonian government. The new nation is called Ambazonia, and it is the first country to launch a fully nation-backed cryptocurrency - to be known as AmbaCoin. The cryptocurrency has two main purposes.
First, it needs to provide funding for the ongoing Ambazonian nation building. Ambazonia has been able successfully to appeal to the United Nations, European Union and African Union to be recognized as a sovereign nation without a military offensive. Half of the proceeds of the ICO will go directly into helping fund these efforts to petition the UN, EU, and AU. Second, the remainder will be used to kick start the Ambazonian economy. This includes the creation of nation projects to provide an income for the Ambazonian people.
The key benefits of AmbaCoin are that it is fully recognized by the Ambazonian nation and is backed by the Treasury. Over two million Ambazonians in diaspora will be encouraged to purchase these coins to assist in the process of building the newly founded nation-state. However, the second phase will involve using AmbaCoin as the first export service to offer the billions of Africans on the continent a safe and secure method of remitting money to their loved ones.
The AmbaCoin will create a platform through which Ambazonians can freely trade with the international market without unfair restrictions. Already, measures are underway to start the presale on 24th October with the main ICO scheduled to start on 24th December. Investors will be rewarded once the platform is launched with a listed price of over 4 dollars after having purchased it for only $0.25.
Join the nation building and help the world’s newest country rise to prominence.
www.transact.ambacoin.io
