Colu Local Network CLN

Bringing Cryptocurrencies to Everyday Payments

Sale is LIVE, you can purchase whilst tokens are still available. Purchase Colu Local Network
Token sale starts on: Wednesday, February 14, 2018 - 00:00
Token sale ends on: Wednesday, February 21, 2018 - 00:00

Rating

9.19
9.19
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4.4
4.4

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ICO sale is LIVE, you can purchase whilst tokens are available. Purchase Colu Local Network

Asset

CLN

Type

ERC20

Market

Platform

Colu Local Network cryptocurrency token sale

Token: CLN
Token Type: ERC20
Raised: 0

Colu Local Network on the web

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Whitepapers outline all key information so you can understand how it works.


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About Colu Local Network ICO

Colu has been an active player in the blockchain space since 2012. Our digital wallet app was launched in early 2017 and is now operating in 4 cities in the UK and Israel with 100K users and more than 70K monthly transactions. We are now adding the ability for any community to create a localized currency and use it as a reward for local consumption. The CLN is a payment system that is powered by everyday consumption. The network allows communities to issue their own currency and use it to incentivise merchants and consumers for buying and selling locally with fiat. The CLN aims to utilize the power of cryptocurrencies to create a better, more transparent payment system and strengthen the sense of mutual responsibility in the community. This encourages local spending and keeps more money circulating in the community, thus multiplying the local economic activity. The CLN token is the first currency attached to real life consumption. The token will be issued on the Ethereum network as an ERC-20 token and will provide access to the CLN network and will enable communities to bootstrap. It will also represent an index value of the community currencies issued on the network and provide instant liquidity to new currencies.

We want to bridge the gap between the cryptocurrency market and everyday consumers. We’ll bring it into the mainstream by removing the barriers to access, and by helping people trust and understand what we believe to be the future of money.   How will we do it? By connecting everyday purchases through our digital wallet app to a payment network that enables token based incentives. Connecting Fiat Money and Tokens Colu has been an active player in the blockchain space since 2012. Our digital wallet app was launched in early 2017 and is now operating in 4 cities in the UK and Israel with 100K users and more than 70K monthly transactions. We are now adding the ability for any community to create a localized currency and use it as a reward for local consumption.  

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