What is SANGO Coin? Is it a good investment? – Katoch Tubes



What is Sango Coin?

SANGO is the first digital currency of Central African Republic. It is backed by blockchain technology and supported by government of CAR.

Face of SANGO

Faustin-Archange Touadéra is the promoter of SANGO and also the current President of Central African Republic.

The Proposal

The government believe that a digital currency will help solve the problems faced by war-torn nation. SANGO is backed by the potential of its natural resources

Problems with SANGO

SANGO has issues that puts it in the grey area - 1. Unclear development 2. Govt Controlled 3. Poor Launch

The Failed Launch

The initial sale offered  $24 million worth of tokens. However, only $1.9 million worth of tokens were sold which is a poor indicator for a crypto token.

How to buy SANGO?

Visit the official website to purchase SANGO coin. The launch is supported by Central African Republic. Visit: https://sango.org/

Is SANGO a  good investment?

To invest in SANGO, you have to trust the CAR govt. The nation is economically weak with lack of good reforms. Invest at your own risk

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