Central African Republic begins public sale of Sango Coin

Sango Coin, the national cryptocurrency of the Central African Republic (CAR), is now on sale according.

The public sale began on Monday with the 200 million Sango Coins available for purchase at a price of $0.10.

The final listing price will be $0.45.

People looking to buy the token need at least $100 in the accepted cryptocurrencies. These coins are bitcoin, ether, binance, tether, usd coin, binance usd, and dai.

The sale supports transfers of these tokens on both the Ethereum ERC-20 and Binance Smart Chain networks.

The Sango project has sold 5.25% of the tokens, as of the time of publishing. This means the project has raised a little over $1 million in the first 24 hours of the public sale. The project plans to raise more than $1 billion from the token sale that will last for one year.

CAR’s President Faustin-Archange Touadéra announced Sango Coin as the country’s national crypto earlier in July. The token will be used as part of the country’s plans to tokenize its mineral resources.

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