Coal Coin is a derivative of the blockchain concept, at the core of which lies real products. A cryptocurrency token is offered at the ICO to attract investments and more progressive development of the project.
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Coal Coin (CLC) seeks to create a new economic system for the coal industry that allows entrepreneurs and private individuals to participate in the creation of a new technological economy with a view to producing a profit.
Each Coal Coin token is tied to a ton of coal and the US dollar. This is a kind of insurance for investments with a certain amount of tangible products. The combination of a real product with a virtual token for the benefit of investment raising is a new influence in the economy, which has proven itself in the modern market.
With each investor, an investment contract will be concluded that can count on the deposit provided by the contract and the Smart contract.