AmbaCoin

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AmbaCoin
The Official Logo of the AmbaCoin
Development
Initial releaseDecember 24, 2018[1]
Development statusIn use
Valuation
Exchange rate25¢
Website
Websiteambacoin.io

AmbaCoin is the official cryptocurrency of the Cameroons separatists entity of Ambazonia.[1][2][3][4] One AmbaCoin is worth 25 cents (USD), or about 140 CFA francs. It is said to be backed by the “rich natural resources” of the breakaway region.[1] The AmbaCoin was launched on in 2018 and the ICO was from December 2018 to 2019.[5] The Ambazonian Government claims that all profits will go to their independence and humanitarian aid.[6][7]

References

  1. ^ a b c Atabong, Amindeh Blaise. "Cameroon's Anglophone separatists have created their own cryptocurrency". Quartz Africa.
  2. ^ "Ambacoin, la cryptomonnaie pour les séparatistes camerounais". December 14, 2018 – via Le Monde.
  3. ^ "Cameroun anglophone: l'AmbaCoin disponible à l'achat - RFI". RFI Afrique.
  4. ^ Jackson, Tom (January 7, 2019). "December in Africa: Ghanian healthcare drones and Cameroonian separatist cryptocurrency". The Next Web.
  5. ^ "AmbaCoin a revolutionary cryptocurrency to assist the Ambazonian quest". Ambazonian Crypto Currency | AmbaCoin. Retrieved 2020-01-13.
  6. ^ "Cameroon rebels issue virtual currency to fund independence". www.aljazeera.com. Retrieved 2020-01-13.
  7. ^ Finnan, Daniel (2019-01-01). "Cameroon separatists sell cryptocurrency as replacement for CFA franc". RFI. Retrieved 2020-01-13.
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