Meanwhile let’s head over to the Founder King of Roma and his Crypto mission.
Daniel Cioaba the Founder Gypsycoin
Daniel Cioaba, a Romanian who calls himself the ‘King of the Roma’, has launched a cryptocurrency called Gypsycoin that aspires to become a medium for transactions among Roma communities worldwide.
Daniel Cioaba, who leads the Romanian charter of the International Romani Union and is also an evangelical Christian pastor, has launched a cryptocurrency that aims to become a popular tool of payment for Roma-owned businesses and individuals, Romanian media reported this week.
The official website for the project says that two per cent of the benefits generated by the transactions conducted using the digital token, which is named Gypsycoin, will be directed to fund charity projects in poor Roma communities, particularly in the field of education for children.
“The Gypsycoin token has multiple utilities: community trading currency, funding of educational projects, long-term financial investment, charity funding and payments,” the website says.
Although oriented towards the Roma community in Romania and elsewhere, Gypsycoins can be acquired by anyone. Trading in the new cryptocurrency started earlier this month.
Speaking to Romania’s ProTV channel on Monday, Cioaba said that around 1,600 people have already bought Gypsycoins at a starting price of 0.00001 dollars.
The traditional leader added that he is in talks with “Roma people who run shops and companies” to start accepting payments with the new token, whose logo features a traditional Roma wheel.
According to ProTV, the Gypsycoin project is backed by an initial investment of 50,000 euros made available by Cioaba and his associates.
Cioaba, who lives in the Transylvanian town of Sibiu, is the son of the late Florin Cioaba, a Pentecostal pastor from an influential Roma family who proclaimed himself ‘International King of the Roma’ in 1997.
He died in 2013 and his son Daniel Cioaba was crowned ‘King of the Roma of Romania’.
Daniel Cioaba’s older brother Dorin meanwhile inherited the title of ‘International King of the Roma’, which he still uses.
Gypsy coin Review
The $GYPSYCOIN project is an ecosystem designed to support the development of Roma communities. This ecosystem involves a trading and charity system with a focus on facilitating education among Roma communities.
The basic principles of this project are: transparency, honesty and collective spirit. The focus on the community and its needs is the basis of our organization, which requires a high degree of involvement from community members.
The $GYPSYCOIN token has multiple utilities: community trading currency, funding of educational projects, long-term financial investment, charity funding & payments.
The $GYPSYCOIN project is unique and is the only crypto project that focuses on solving the difficulties of the Roma community, by creating a digital ecosystem as a help mechanism. For this reason, our project benefits from the support of international Roma organizations.
The main charitable activities on which this project focuses are: higher education, financial education, health education and awareness of contemporary issues.
Our project is meant to serve the Roma community as a whole. This implies that we serve the Roma community, not only by providing trading and education services, but also by consolidating the identity element of the Roma culture.
Although it is a project addressed to Roma communities, $GYPSYCOIN is an inclusive organization, open to everyone who shares the same moral values and ideals as us.
In today’s society, the topic of Roma education has become more sensitive. As a result, tackling the problems that Roma communities face necessitates a multi-dimensional approach. Our initiative suggests a multilateral strategy focused on social support, individual counseling, and assistance with Roma enrollment in educational institutions.
The financial, technological, and other areas are integrating blockchain technology. Communities established around shared ideals have been given an economic dimension thanks to this technology, which has been linked to the emergence of cryptocurrencies. This is significant since it allows for self-regulation of the economy, according to the interests of the community.
Due to the appearance of this opportunity, the initiative to create GYPSYCOIN: The first gypsy currency, which is an integral part of contemporary history and a world premiere for the Roma community.
Romanian gypsies decided to go crypto digital. Precisely, their leaders announced the development of a cryptocurrency intended to help gypsies worldwide: GYPSYCOIN.
The design of this crypto coin is merging two symbols: the chariot wheel, present on the Roma flag as well, and the digital symbols of an electronic circuit.
GYPSYCOIN is basically an ecosystem meant to help the gypsy communities through trading and charity while focusing on education. As announced in the press release, the basic principles of the project are transparency, honesty and collective spirit.
The initiative belongs to the so-called King of all the Roma people, Daniel Cioaba. He entitles himself like this, but his real authority in the country and abroad is largely questionable. It is not clear yet when this crypto coin is going to be launched, if it’s going to be an IPO of any kind or if the coin is going to be listed on a platform.
Gypsycoin Achievement so far
✓ 95% of the total supply of tokens have been burned;
✓ First 1000 holders in the first week;
✓ x10 growth in the first week;
✓ Investors & enthusiasts started promoting our project;
✓ We received over 14.000 votes on CoinSniper;
✓ We have been listed on BoggedFinance.
✓ 1700 holders in 3 weeks.
✓ x100 growth in the first 3 weeks
✓ We will participate on a TV show where we will discuss details about our project.
Gypsycoin Yet to Accomplish
Listing on: CoinMarketCap & CoinGecko;
Listing on a new exchange: Hotbit;
Organizing our first charity event, where we will provide food and goods to needy people.
GYPSYCOIN Price and Market Stats
GYPSYCOIN Price USD: $0.0003328
24 hour Volume: $855,217.88
24 hr Transactions: 1535
Gypsy Coin GYPSYCOIN Contract:
We have to the end of Gypsycoin Review, Remember this review is not meant to promote any Crypto Platform, And of course this review is on the basis of historical data, That is to say we are not responsible for any profit/loss.