Colu Local Network

Colu Local Network

Created using Figma
Created using Figma
Building a local decentralized monetary system from the wallet up
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • HitBTC
    CLN/ETH 34 minutes ago
    $ 0.0067
    $ 14.13
    -0.78%
    232.47%
  • HitBTC
    CLN/BTC 34 minutes ago
    $ 0.0067
    $ 203.37
    10.27%
    616.09%
  • Idex
    CLN/ETH one day ago
    $ 0.0076
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  • ForkDelta
    CLN/ETH 6 days ago
    $ 0.0056
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  • Bancor Network
    CLN/BNT 8 days ago
    $ 0.0098
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  • TokenJar
    CLN/WETH 2 months ago
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  • Lykke
    CLN/ETH 2 months ago
    $ 0.0072
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  • Lykke
    CLN/BTC 3 months ago
    $ 0.0113
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  • Gatecoin
    CLN/ETH 5 months ago
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  • Gatecoin
    CLN/BTC 5 months ago
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  • Liqui
    CLN/ETH 6 months ago
    $ 0.0051
    -
    -4.22%
    -100.00%
  • Liqui
    CLN/USDT 6 months ago
    $ 0.0051
    -
    -4.54%
    -100.00%
  • Liqui
    CLN/BTC 6 months ago
    $ 0.0050
    -
    -4.46%
    -100.00%
  • Everbloom
    CLN/ETH 9 months ago
    $ 0.0090
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Sale
Feb 14, 2018
Mar 6, 2018
100% completed
$22 000 000
1139% hard cap completed
Hard cap 10 000.00 ETH
past
Pre-sale
Jan 18, 2018
Jan 25, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
CLN
Company Details
Registered Country
Israel
Additional Details
Platform
Ethereum
KYC
Yes
Categories
Platform

About Colu Local Network

Colu has been an active player in the blockchain space for the last 3 years and is operating local economies in 4 cities in UK and Israel with almost 100k users and 70k monthly transactions.

 

Using Colu’s digital wallet app, consumers can make purchases at participating businesses and transfer community currencies (pegged to fiat currency) to one another.

 

Colu wants to bridge the gap between the cryptocurrency market and everyday consumers by integrating cryptocurrencies into its digital wallet. Colu’s token will be called CLN - Colu Local Network- The CLN token will provide access to Colu Local Network for payments and issuance of community currencies. Each purchase made at merchant terminals will convert a percentage of the fiat to community currency and reward them to to the users and merchants - onboarding them as stakeholders, bootstrapping the local economy and incentivizing local spending. The CLN will provide liquidity for the community currencies and will act as a reserve allowing to move between community currencies through the CLN.

 

Features

The Colu network will enable the use of cryptocurrencies to distribute the saved amounts back to the network’s stakeholders using community currencies - giving everyone the power to securely control their own wealth without intermediaries.

Members of the community will be able to own community currencies as a new source of wealth, helping communities bootstrap their local economies. This incentivizes community members to buy locally and reinvest money back into their community – while helping local business owners reduce unnecessary fees, increase cash flow and receive financial services via the Colu token.

Technical Info

Technical details:  Ethereum ERC20 standard token. The source code:  The code is partially available on Github. Current version of the app is available on official website. Proof of developer:  Public team.

Colu Local Network Roadmap

  • Q4 2017

  • Presale
  • Q1 2018

  • Token Sale -
    CLN issuance event
  • Enabling community currency issuance for CLN token holders.
  • Introducing community currencies to the existing local economies, providing price discovery functionality
  • Read More
  • Enabling proof-of-receipt mechanism
  • Enabling external issuers to create community currencies and launch local economies

Activity

Year commits:
0
Watchers:
250
Stars:
260
Forks:
272
Open issues:
29

Colu Local Network Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Mark Smargon
Co-founcer & VP blockchain
unverified
Amos Meiri
Co-Founder & CEO at Colu
unverified
DAVID RING
Co founder VP Finance
unverified
PROF. DAN ARIELY
CBE
unverified
ELAD SHABI
Director of Business Operations
unverified
MAYA GROSSMAN
Director of Marketing
unverified
LEORA BACHRACH
Head of HR
unverified
ROTEM LEV
CTO
unverified
DANA HELLER
Chief Economics and Regulation Officer
unverified
$ 0.0073
19.20%
Coin Stats
Daily, %:
19.20%
Weekly, %:
-34.01%
Monthly, %:
57.28%
Market Info
Market Cap:
$ 1.002 M
Volume 24h:
$ 227.04
Circ. Supply:
146.392 M CLN
Ticker:
CLN
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