Central African Republic to Tokenize Land Using National Solana Meme Coin
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Central African Republic will tokenize over 1,700 hectares of land using its national meme coin $CAR, President Touadéra said Thursday.
By Matt Brienen- Starting in June, more than 1,700 hectares of land west of the capital Bangui will be tokenized and sold online using the $CAR token via the Solana blockchain.
- The presidential decree cites the country’s mining code and tokenization laws, indicating the land may be designated for mining activities such as gold or diamond extraction.
- The $CAR token rose 21% on the day of the announcement and is up over 127% this week, though gains began prior to the news.