What is Kolion Coin?
introduction
The project behind Kolion Coin aims to use the local economy model and test it on a large scale. In addition, funds will be raised for the development of real production of agricultural goods and services. That should happen without bank loans and government subsidies. Kolion Coin relies on private crowdfunding. This should take place with the inclusion of security elements and the Green Economy. The project uses the tokens on the WAVES were issued platform and uses the services in the block chain of Emercoin .
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Kolion Coin – how it works
Project development started in 2007 based on the new rural economy model based on freedom, mutual assistance, self-organization and self-sufficiency, as well as on simplified systems of fair and private cooperation, openness and trust.
The project participants are a number of friendly farms, legal persons involved in production, consumer companies, private subsidiaries and individuals. Almost all participants already have the necessary production equipment, means of production, machinery, equipment and land.
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The range of products and services is wide enough, from food to complex modules of specialized equipment for high-tech production. Today’s volume of local production fully meets the needs of ecosystem participants and is also freely implemented in the open market. The project donates for charitable and social purposes. Therefore, this project is not created from scratch, but has a functioning and sustainable local base with its assets, production and profit.
Kolion Coin – The Kolion Token
The tokens or diccount token, KOLION, is a crowdfunding tool with inherent capabilities for non-fiat fund accounting and granting privileges to participants in the KOLIONOVO ecosystem loyalty program.
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There was an offer that one million KOLIONS (KLN) issued in exchange for the cryptocurrencies , the starting price was one dollar. The crowdfunding campaign started on April 1, 2017 and lasted thirty days. The transfer and receipt of crowdfunding money will be in exchange for a personal account of the participant on the project website.
The list of non-Fiat (cryptocurrency) funds expected to be accepted will be long: BTC, LTC, ETH, ETC, Waves, EMC, etc. Kolion Coin is probably a rare exception among the many types of tokens and cryptocurrencies , as it was fully secured by the liquid product and the assets of the project participants already at the stage of its creation. In addition, the token is assigned the characteristics of a “loyalty card”: Each token holder is entitled to benefits, ie discounts for goods and services in the KOLIONOVO ecosystem.
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Conclusion
The fundraising was carried out and the investment did not flow into a startup but into a real production. Each investor has received a Kolion Coin for every dollar invested. The focus is not on a high yield. The main thing is stability and protection. For this purpose, each Kolion Token represents 100% of the equivalent value of a Farmers Island Kolionovo product. The Token Kolion is issued in the Waves environment. The preliminary estimates of the company’s profitability can be 30% per year or more.
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