#local economy

Russian Blockchain-Oriented Farm Kolionovo Closes ICO with Over $500,000 Raised

Kolionovo Ecosystem, a project aimed at creation and a large-scale testing of the model of the local economy and raising funds for the development of real production of agricultural goods and services, announced it successfully concluded its crowdfunding campaign raising $510,533.

Russian Farm to Issue Crypto-tokens Backed by Ducks, Geese, and Goats

Eduard Surkov’s club farm Mashkino in Central Russia has announced its plans to issue cryptocurrency tokens backed by the farm’s products, i.e. chickens, ducks, geese, lambs, and goatlings.