On 1 April 2018, we launched the one of exciting startups Citizenship coin. Today we are are one year old and in the future we hope to grow tagging along with the coin industry.
Citizenship coin launched as the first crypto-currency for citizenship by investment and golden visa industry. The coin is a stable non-volatile coin pegged to Euro. The coin aims to facilitate large scale real estate transactions within the CBI/RBI industry.
We also proposed plans to become the first Citizenship Coin bank for the industry to solve correspondent bank issues faced by many countries. Citizenship coin project eliminates banks as middlemen and use of correspondent banks, as the transactions involve directly buyer and seller.
Citizenship coin offers cheapest payment system for payment of citizenship related services in the World. The coin also supports bitcoin and other cryptocurrencies widely accepted within the industry.
We decided to launch our own stable coin for the industry, because of the extreme volatility of Bitcoin and other cryptocurrencies. The nature of volatility of bitcoin, eth etc makes it difficult to use in real estate and other transactions within the industry.
Citizenship coin may be used for payment of any immigration and citizenship related services such as
- Lawyer/ Agent fee
- Real estate investment
- CBI/RBI programs
- Donations
Like any other crypto currency, citizenship coins bought and sold can be converted to EUR fiat currency. Citizenship coins can be bought and sold through Citizenship coin bank exchange
- Buyers buy 1 CTZ paying one euro. (commission of 1%)
- Buyer send 1 CTZ to seller who receives citizenship coin through wallet software (network transaction fee 0.0001 CTZ)
- Seller converts 1 CTZ coin to fiat euro from Citizenship coin bank (commission of 1%)
We believe we will grow slowly within the industry in the future with increasing crypto adoption towards financial freedom, privacy and controls.
We also believe with increase in trust and adoption towards blockchain and crypto will replace existing banking institutions with crypto banks. We expect this to happen in next decade or so.
