The Coin that Can Earn You Citizenship
SANGO Coin dub the “National Digital Currency” that is at the core of the new Digital Monetary System implemented by the Central African Republic. SANGO is the coin issued on the Sango blockchain, situated at the epicenter of the entire ecosystem. It represents the relationship with the Central African Republic State, all interactions with the State or blockchain are performed through SANGO. It is a multidimensional asset, used for: ownership, transfer of value and governance.
The Sango Blockchain is a Bitcoin sidechain, a Layer-2 solution, similar to Liquid Network with built-in Bitcoin interoperability. The Sango Blockchain is being built on top of Bitcoin, enhancing it with the following functionalities: smart contracts, fast transactions and a privacy layer. Sango blockchain will provide fast, confidential transactions at low prices and access to Bitcoin's liquidity.
The Sango Ecosystem embodies all components of the Sango Project. It is built around 3 major verticals: legal framework, digital infrastructure and physical infrastructure and includes all the technical modules such as: Sango Blockchain, Sango App, tokenization solution, and all the other modules that will be built around the Sango Blockchain.
SANGO USE CASE
The initial use cases offered though SANGO are:
• e-Residency Program: tax-free environment for cryptocurrency related activities. It will be available by locking SANGO for a period of 3 years.
• Citizenship Program: full rights attached including a passport. Following the developed countries model, the Central African Republic will attract global talent to contribute to the country’s development. It will be available by locking SANGO for a period of 5 years
• Land property: located in the Crypto City residential area - part of the long term physical infrastructure development planned for the country. The Central African Republic Government is currently the biggest landowner in the country, offering the land. It will be available in parcels of 500 m2 obtainable through locking SANGO for a period of 10 years.
Minimum Purchase
The minimum amount of SANGO coins during the Genesis Cycle that can be purchased is $500 (500 US Dollars) equivalent in cryptocurrency. During the Sale Cycles from Cycle 1 to Cycle 12, the minimum amount of SANGO coins that can be purchased is $100 (100 US Dollars) equivalent in cryptocurrency.