The Central African Republic (CAR) has just opened a public sale of the national cryptocurrency SANGO.
The first phase of the project, dubbed Genesis Cycle, will reportedly last for one month. During this time, 210 million coins are available to investors at a price of $0.1.
It is worth noting that at this time customers have purchased approximately 21,700 SANGO, or about 1% of the total.
Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world
SANGO can be purchased with Bitcoin, Ether, Binance Coin, Tether, USD Coin, Binance USD and DAI.
In the Genesis Cycle stage, the minimum purchase amount is $500. For investors at this stage, a lock-in period has been established: they will not be able to move the asset for a year.
Later, another 12 token sale cycles will take place, each lasting one month.