SmartCityCoin 4.0

It has been 4 years since conception and 3 years since the token-generating event. As is always the case in life things change a lot with time — but in the end, it is all for the better. As corporation that has issued SCCTN has to say I’m sorry and Please forgive me to the community. So has the SCCTN community say Thank you and I Love you for creating SCCTN and disappearing. SCCTN has evolved from a corporate test mule into a community of 12.000 holders.

The corporate utility phase of our token has ended and the community decided to make a step towards the financialization of our token. SCCTN comunity has identified niche as the financial solution for smart city and digital village projects where community members are destined to take an active role.

Token Info

Standard: ERC20
Platform: Etherium
Total emission: 1.000.000.000.000 units
Unit price: 1 SCCTN = 1 EuroCent
Market cap: 10.000.000.000 Euros
Original Issuer: Smart City AG, Gewerbestrasse 5, 6330 Cham, Kanton Zug, Switzerland (PLS NOTE The company no longer exist)
TGE 1.8.2018
Contract number: 0x5fA34CE3D7D05e858b50bB38afa91C8b1a045688
Ether Scan

Value and Price 1 SCCTN = 1 EUROCENT

Token as such has no intrinsic value as such — beyond the educational one. It helps users enter the crypto world with a preset value of 1 SCCTN equaling one Eurocent. Technically the token might be classified as a stable coin due to being pegged to the Euro cent. This was the SCCTN community decision. All users are free to opt-out at any given time and sell SCCTN at any price. More than 99% of the holders have pledged to keep SCCTN pegged to Euro cent.


Token Legal Status

SCCTN is part of Etherium Blockchain and operates solely on the Etherium network — all transactions are executed by Etherium miners. The original issuer swiss company Smart City AG does no longer exists. The token is owned by the holders. The token is freely transferable among all users of ERC20 enabled wallets. Tokens can be bought only from the existing holders on the secondary market(OTC, exchanges, peer to peer…) — there is no mining, ICO is closed.

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Disclaimer: The content of this webpage is not legally binding for any community member.