City Tokens
City Tokens within the Unit Network ecosystem are designed to empower urban communities, driving value creation and local engagement.
Currency and Reverse ETF:
City Tokens serve as both a local currency and a reverse ETF, backed by Blue Chips, allowing investors to support a city’s growth with a single token.
Core Use-Cases:
- Purchase Power: Enables purchases within community stores in the City Token ecosystem.
- Payment Medium: Facilitates seamless transfers between users.
- Treasury Contributions: 0.5% of all City Token trades contribute to the City Token Treasury, supporting sustainable growth.
- Reverse ETF: Represents the assets within a specific city, accessible as a Reverse ETF.
Resilient Backing:
Each City Token is secured by Blue Chip assets, similar to the UNIT Coin, ensuring stability. A substantial 90% of City Token sales are locked in the treasury to fortify value and mitigate risk, while the 0.5% trade contribution further strengthens treasury resilience.
Global Reach:
Currently active in around 30 cities across Asia, Africa, the Middle East, Europe, and the Americas, Unit Network aims to expand to 60-70 cities in Asia, 30 in the Middle East and Africa, and 50 in both Europe and the Americas, fostering local economies worldwide.
City | Symbol ($) |
---|---|
Amsterdam, Netherlands | AMSTERDAM |
Austin, USA | AUSTIN |
Bali, Indonesia | BALI |
Bangkok, Thailand | BANGKOK |
Barcelona, Spain | BARCELONA |
Beijing, China | BEIJING |
Berlin, Germany | BERLIN |
Buenos Aires, Argentina | BUENOSAIRES |
Dubai, UAE | DUBAI |
Hamburg, Germany | HAMBURG |
Ho Chi Minh, Vietnam | HOCHIMINH |
Hong Kong, China | HONGKONG |
Kuala Lumpur, Malaysia | KUALALUMPUR |
Lisbon, Portugal | LISBON |
London, England | LONDON |
Los Angeles, USA | LOSANGELES |
Madrid, Spain | MADRID |
Melbourne, Australia | MELBOURNE |
Mexico City, Mexico | MEXICOCITY |
Miami, USA | MIAMI |
Milan, Italy | MILAN |
Moscow, Russia | MOSCOW |
Mumbai, India | MUMBAI |
Munich, Germany | MUNICH |
New York, USA | NEWYORK |
Paris, France | PARIS |
Riyadh, Saudi Arabia | RIYADH |
San Francisco, USA | SANFRANCISCO |
San Juan, Puerto Rico | SANJUAN |
Seoul, South Korea | SEOUL |
Shanghai, China | SHANGHAI |
Singapore, Singapore | SINGAPORE |
Sydney, Australia | SYDNEY |
Taipei, Taiwan | TAIPEI |
Tel Aviv, Israel | TELAVIV |
Tokyo, Japan | TOKYO |
Toronto, Canada | TORONTO |
Valetta, Malta | VALLETTA |
Zurich, Switzerland | ZURICH |