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Unit City
An overview of what city tokens are all about. Everything from the use, governance, tokenomics, reverse asset, and examples of some city tokens. ($CITY)
San Francisco $SANFRANCISCO
Los Angeles $LOSANGELES
New York $NEWYORK
London $LONDON
Paris $PARIS
Dubai $DUBAI
Hong Kong $HONGKONG
Singapore $SINGAPORE
Each City Token is an open DAO consisting of individuals, businesses and communities within the city while also being a form of currency backed by the Blue Chips and a reverse ETF, allowing anyone to buy a single token and share in the upside of a specific territory.
All City Tokens have been created by Unit Foundation Please be sure to check the token managers username on the Tokens Info page to avoid fraudulent tokens.
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- Used to buy products and services from a City Token community stores
- Transferred as payment between users
- City Token Treasuries receive 0.5% of all City Token trades
- Purchased as a Reserve ETF of all the tokens in a specific city
All Unit Network core team are part of at least one City Token DAO to assist with setup, management and ensure there is a direct channel communication with the community.
City Token bank and treasury management will ultimately handed off to the various core team members that work to build and moderate the City Token communities so that governance and objectives can be tailored to suit.
While there are many different City Tokens created by Unit Foundation as seen below, they all share the same tokenomics:
- Contract: UnitChain
- Total Supply: 100,000,000.0 (100%)
- Sale Supply: 66,000,000.00 (66%)
- Operations: 14,000,000.00 (14%)
- Core Team: 20,000,000.00 (20%) (200 ppl, 3 year cliff, 5 year vest)
Just like the UNIT Coin all the City Tokens issued by Unit Foundation are backed by the Blue Chips with 90% of all City Token sales getting locked into the treasury to support value and minimise downside risk.
Additionally, City Tokens Treasuries receive 0.5% of all City Token trades.
We are currently active in about 30 cities across Asia, Africa, Middle East, Europe, and the Americas. Our goal is to have a presence and support local economies in 60-70 cities in Asia, 30 cities in the Middle East and Africa, and 50 cities each in Europe and the Americas.
City | Symbol($) |
|---|---|
Amsterdam, Netherlands | AMSTERDAM |
Austin, USA | AUSTIN |
Bali, Indonesia | BALI |
Bangkok, Thailand | BANGKOK |
Berlin, Germany | BERLIN |
Beijing, China | BEIJING |
Buenos Aires, Argentina | BUENOSAIRES |
Dubai, UAE | DUBAI |
Hong Kong, China | HONGKONG |
Ho Chi Minh, Vietnam | HOCHIMINH |
London, England | LONDON |
Los Angeles, USA | LOSANGELES |
Paris, France | PARIS |
Riyadh, Saudi Arabia | RIYADH |
Mexico City, Mexico | MEXICOCITY |
Melbourne, Australia | MELBOURNE |
Milan, Italy | MILAN |
Munich, Germany | MUNICH |
Moscow, Russia | MOSCOW |
Miami, USA | MIAMI |
Mumbai, India | MUMBAI |
New York, USA | NEWYORK |
San Francisco, USA | SANFRANCISCO |
Seoul, South Korea | SEOUL |
Singapore, Singapore | SINGAPORE |
Shanghai, China | SHANGHAI |
Toronto, Canada | TORONTO |
Tokyo, Japan | TOKYO |
Tel Aviv, Israel | TELAVIV |
Zurich, Switzerland | ZURICH |
Sydney, Australia | SYDNEY |
Valetta, Malta | VALLETTA |
Madrid, Spain | MADRID |
San Juan, Puerto Rico | SANJUAN |
Kuala Lumpur, Malaysia | KUALALUMPUR |
Lisbon, Portugal | LISBON |
Hamburg, Germany | HAMBURG |
Barcelona, Spain | BARCELONA |
Taipei, Taiwan | TAIPEI |
| |
58 Key Cities(population)
New York 🇺🇸 8.5m
London 🇬🇧 8.9m
Dubai 🇦🇪 3.3m
Hong Kong 🇭🇰 7.4m
17 North and South America(New York HQ)
New York 🇺🇸 8.5m
Los Angeles 🇺🇸 3.8m
San Francisco 🇺🇸 815k
Miami 🇺🇸 439k
Austin 🇺🇸 964k
Chicago 🇺🇸 2.6m
Houston 🇺🇸 2.3m
Seattle 🇺🇸 750k
Boston 🇺🇸 690k
Las Vegas 🇺🇸 650k
Toronto 🇨🇦 2.8m
Montreal 🇨🇦 1.7m
Vancouver 🇨🇦 631k
Sao Paulo 🇧🇷 12.3m
Rio 🇧🇷 6.7m
Mexico City 🇲🇽 9.2m
Buenos Aires 🇦🇷 3m
18 Europe & Africa(London HQ)
London 🇬🇧 8.9m
Manchester 🇬🇧 550k
Berlin 🇩🇪 3.6m
Munich 🇩🇪 1.5m
Frankfurt 🇩🇪 700k
Milan 🇮🇹 1.4m
Rome 🇮🇹 2.8m
Zurich 🇨🇭 440k
Geneva 🇨🇭 200k
Madrid 🇪🇸 3.3m
Paris 🇫🇷 2.1m
Nice 🇫🇷 340k
Monaco 🇲🇨 38k
Athens 🇬🇷 664k
Lisbon 🇵🇹 505k
Dublin 🇮🇪 1.2m
Amsterdam 🇳🇱 872k
Moscow 🇷🇺 12.4m
9 Middle East & South Asia(Dubai HQ)
Dubai 🇦🇪 3.3m
Abu Dhabi 🇦🇪 1.5m
New Delhi 🇮🇳 257k
Delhi 🇮🇳 30m
Mumbai 🇮🇳 20m
Istanbul 🇹🇷 15.5m
Cape Town 🇿🇦 4.5m
Doha 🇶🇦 2.4m
Tel Aviv 🇮🇱 460k
Riyadh 🇸🇦 7.6m
14 Asia & China(Hong Kong)
Hong Kong 🇭🇰 7.4m
Singapore 🇸🇬 5.7m
Tokyo 🇯🇵 13.5m
Osaka 🇯🇵 2.7m
Kyoto 🇯🇵 1.5m
Beijing 🇨🇳 21.5m
Shanghai 🇨🇳 27m
Shenzhen 🇨🇳 12.5m
Hangzhou 🇨🇳 10m
Guangzhou 🇨🇳 15m
Seoul 🇰🇷 9.7m
Auckland 🇳🇿 1.7m
Sydney 🇦🇺 5.3m
Melbourne 🇦🇺 5m
Cities and industries are forms of communities that we all share. City and industry tokens, with diversified digital stores of value backing their treasuries, will attract people in those cities and industries to want to earn and share ownership in communities they already share with like-minded individuals, but the technology was not available previously to easily organise and gather.
There is a “push” and “pull” way to value a city or industry token. The limited supply issued at any one time is used to purchase project, personal, or business tokens in that community and is sequestered in those token banks and treasuries, pulling up a token’s price through the various sale price rounds, issuing more of the token to the market.
In addition, a 0.5% fee is taken on a token’s trades on its TOKEN-USDU exchange, pushing up the floor value of the city/industry token and justifying its trading price and market cap on an “earnings” or “book value” basis.
You are buying essentially a reverse ETF – a stake in that city’s or industry’s token economy of the future – not through the mayor’s office or obliquely through an exchange traded fund of relatively large publicly traded stocks in that industry, but directly owning a portion of the “shared bank account” represented by that token community, made possible by Unit’s technology.
Happens in two ways:
- 1.Community members and businesses buy into it; as ownership in the ecosystem
- 2.businesses/projects use it as a reserve asset
where its value is backed by exchange fees along with the underlying asset it holds.
Say 1m musicians buy into the MUSIC token, it operates like a shared fund/savings account, given the 100m limited supply; this will tend to drive the price/value of it upwards.
An ETF (exchange-traded fund) holds assets on behalf of shareholders in the fund.
A token/reverse-ETF is itself invested in other token banks/treasuries. Sequestering the limited-supply reverse ETF/token in project token treasuries
- 1.pulls up the price of the reverse ETF and represents a one-token way to buy that class of assets, while
- 2.The trading fees and bank token sales raise the floor price, which pushes up the value
- 3.Can all industries be tokenized? Do you have examples of tokenized industries/projects?
Industries that are big enough in terms of transaction activities and population are the main focus in Unit. All tokens are fungible within the industry or city.
- 1.Let’s say a musician in New York creates a new token - will that token eventually be part of the NY city community page - or how would someone find that opportunity if they didn't know the name of the particular token to search for?
Yes, the tokens will be searchable by community, price/treasury, price/treasury growth rate, by timed upcoming sales rounds, and other metrics.
Global $UNIT Holders - 8B - 193 UNIT Holders Globally
Africa
Algeria - Algiers Angola - Luanda Benin - Porto Novo, Cotonou Botswana - Gaborone Burkina Faso - Ouagadougou Burundi - Gitega Cameroon (also spelled Cameroun) - Yaoundé Cape Verde - Praia Central African Republic - Bangui Chad (Tchad) - N'Djamena Comoros - Moroni Republic of the Congo - Brazzaville Democratic Republic of the Congo (Zaire) - Kinshasa Côte d'Ivoire (Ivory Coast) - Yamoussoukro Djibouti - Djibouti Equatorial Guinea - Malabo Egypt (Misr) - Cairo Eritrea - Asmara Ethiopia (Abyssinia) - Addis Ababa Gabon - Libreville The Gambia - Banjul Ghana - Accra Guinea - Conakry Guinea-Bissau - Bissau Kenya - Nairobi Lesotho - Maseru Liberia - Monrovia Libya - Tripoli Madagascar - Antananarivo Malawi - Lilongwe Mali - Bamako Mauritania - Nouakchott Mauritius - Port Louis Morocco (Al Maghrib) - Rabat Mozambique - Maputo Namibia - Windhoek Niger - Niamey Nigeria - Abuja Réunion (territory of France) Rwanda - Kigali São Tomé and Príncipe - São Tomé Senegal - Dakar Seychelles - Victoria Sierra Leone - Freetown Somalia - Mogadishu South Africa - Pretoria South Sudan - Juba Sudan - Khartoum Eswatini (Swaziland) - Mbabane Tanzania - Dodoma Togo - Lome Tunisia - Tunis Uganda - Kampala Western Sahara - El Aaiún (disputed) Zambia - Lusaka Zimbabwe - Harare
Asia
Afghanistan - Kabul Armenia - Yerevan Azerbaijan - Baku Bahrain - Manama Bangladesh (বাংলাদেশ) - Dhaka (ঢাকা) Bhutan - Thimphu Brunei - Bandar Seri Begawan Cambodia (Kampuchea) - Phnom Penh China - Beijing East Timor (Timor Leste) - Dili Georgia - Tbilisi India - New Delhi Indonesia - Jakarta Iran - Tehran Iraq - Baghdad Israel - Tel Aviv Japan - Tokyo Jordan (Al Urdun) - Amman Kazakhstan - Nur-Sultan Kuwait - Kuwait City Kyrgyzstan - Bishkek Laos - Vientiane Lebanon (Lubnan) - Beirut Malaysia - Kuala Lumpur The Maldives - Malé Mongolia - Ulaanbaatar Myanmar (Burma) - Naypyidaw Nepal - Kathmandu North Korea - Pyongyang Oman - Muscat Pakistan - Islamabad Palestine - Ramallah The Philippines - Manila Qatar - Doha Russia - Moscow (Russia is a part of Asia geographically, but, politically, it is a part of Europe) Saudi Arabia - Riyadh Singapore - Singapore South Korea - Seoul Sri Lanka - Sri Jayawardenapura Kotte (administrative), Colombo (commercial) Syria - Damascus Taiwan - Taipei (China continues to maintain its sovereignty claim over the territory. Not a UN member, but has formal diplomatic relations with 12 of the 193 United Nations member states) Tajikistan - Dushanbe Thailand (Muang Thai) - Bangkok Turkey (Türkiye) - Ankara Turkmenistan - Aşgabat United Arab Emirates - Abu Dhabi Uzbekistan - Tashkent Vietnam - Hanoi Yemen - Sana'a
Europe
Albania (Shqipëria) - Tirana Andorra - Andorra la Vella Austria (Österreich) - Vienna Belarus (Беларусь) - Minsk Belgium (Dutch: België, French: Belgique, German: Belgien) - Brussels Bosnia and Herzegovina (Bosna i Hercegovina) - Sarajevo Bulgaria (България) - Sofia Croatia (Hrvatska) - Zagreb Cyprus (Κύπρος) - Nicosia Czech Republic (Česko) - Prague Denmark (Danmark) - Copenhagen Estonia (Eesti) - Tallinn Finland (Suomi) - Helsinki France - Paris Georgia - Tbilisi Germany (Deutschland) - Berlin Greece (Ελλάδα) - Athens Hungary (Magyarország) - Budapest Iceland** (Island) - Reykjavik Republic of Ireland (Éire) - Dublin Italy (Italia) - Rome Kosovo** - Pristina (Serbia continues to maintain its sovereignty claim over Kosovo. Not a UN member, but has formal diplomatic relations with 101 of the 193 United Nations member states) Latvia (Latvija) - Riga Liechtenstein - Vaduz Lithuania (Lietuva) - Vilnius Luxembourg - Luxembourg City North Macedonia (Македонија) - Skopje Malta - Valletta Moldova - Chisinau Monaco - Monte Carlo Quarter Montenegro (Crna Gora, Црна Гора) - Podgorica Netherlands (Nederland) - Amsterdam (Capital), The Hague (Government) Norway (Norge) - Oslo Poland (Polska) - Warsaw Portugal - Lisbon Romania - Bucharest Russia** Moscow (Europe up to the Ural Mountains; Asia: the rest to Vladivostok) San Marino - San Marino Serbia (Србија) - Belgrade Slovakia (Slovensko) - Bratislava Slovenia (Slovenija) - Ljubljana Spain (España) - Madrid Sweden (Sverige) - Stockholm Switzerland (German: Schweiz, French: Suisse, Italian: Svizzera, Romansh: Svizra) - Bern Turkey (Türkiye) - Ankara Ukraine (Україна) - Kyiv United Kingdom - London Vatican City - Vatican City
North America
Canada - Ottawa Mexico - Mexico City United States of America - Washington, District of Columbia Navassa Island - Washington, D.C. (territory of U.S.) Puerto Rico - San Juan (territory of U.S.) US Virgin Islands - Charlotte Amalie (territory of U.S.) Dominican Republic - Santo Domingo Cuba - Havana Greenland (territory of Denmark) Haiti - Port-au-Prince Belize - Belmopan Costa Rica - San José El Salvador - San Salvador Guatemala - Guatemala City Honduras - Tegucigalpa Guadeloupe (territory of France) Martinique (territory of France) Nicaragua - Managua Panama - Panama City Jamaica - Kingston Bahamas - Nassau Barbados - Bridgetown Dominica - Roseau
South America
Brazil (Brasil) - Brasília Argentina - Buenos Aires Bolivia - Sucré Chile - Santiago Colombia - Bogotá Ecuador - Quito Falkland Islands - Stanley (territory of U.K.) French Guiana - Cayenne (territory of France) Guyana - Georgetown Paraguay - Asunción Peru - Lima South Georgia and the South Sandwich Islands - (territory of U.K.) Suriname - Paramaribo Trinidad and Tobago - Port of Spain Uruguay - Montevideo Venezuela - Caracas
Oceania
Australia - Canberra Fiji - Suva New Zealand - Wellington Federated States of Micronesia - Palikir Kiribati - South Tarawa Marshall Islands - Majuro Nauru - no capital; biggest city is Yaren Palau - Ngerulmud Papua New Guinea - Port Moresby Samoa - Apia Solomon Islands - Honiara Tonga - Nuku'alofa Tuvalu - Funafuti Vanuatu - Port Vila
Last modified 1mo ago