City Tokens
City Tokens in the Unit Network ecosystem are crafted to uplift urban communities and generate value.
Inclusive DAO
Each City Token functions as an inclusive decentralized autonomous organization (DAO), bringing together individuals, businesses, and communities within a city.
Currency and ETF:
City Tokens serve as both a currency, backed by Blue Chips, and a reverse ETF, allowing investment in a city's growth with a single token.
Unit Foundation exclusively creates City Tokens, ensuring authenticity verified by checking the token manager's username on the Tokens Info page.
Use-Cases:
Purchase Power: City Tokens enable purchases at community stores within the City Token ecosystem.
Payment Medium: They facilitate transfers between users.
Treasury Contributions: City Token Treasuries receive 0.5% from all City Token trades.
Reserve ETF: They represent all tokens within a specific city, accessible as a Reserve ETF.
Empowering Community-Led Governance: Unleashing the Potential of City Tokens on Unit Network
Every member of the Unit Network core team actively participates in at least one City Token DAO, contributing to setup, management, and establishing direct communication channels with the community.
The responsibility for City Token bank and treasury management will eventually transition to specific core team members dedicated to building and moderating City Token communities.
This ensures governance and objectives are customized to meet the unique needs of each community.
A Unified Approach to Tokenomics for City Tokens
All City Tokens crafted by Unit Foundation adhere to a unified tokenomic structure, details available here:
Resilient Backing, Sustainable Growth: Backed by Blue Chips, City Tokens Ensure Value and Minimize Risk.
Similar to the UNIT Coin, every City Token from Unit Foundation is secured by Blue Chips.
A substantial 90% of City Token sales are locked in the treasury, fortifying value and reducing downside risks.
Moreover, City Token Treasuries receive a 0.5% share from all trades, enhancing value sustainability.
Exploring and Elevating Cities Globally.
City Tokens: Presently engaged in approximately 30 cities spanning Asia, Africa, the Middle East, Europe, and the Americas.
Our ambitious objective is to extend our footprint and contribute to local economies in 60-70 cities across Asia, 30 cities in the Middle East and Africa, and 50 cities each in Europe and the Americas.
| 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 |