The authorities of Louisiana will hold ISO for the replenishment of the local budget

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2018-04-15 20:15:05

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The authorities of Louisiana will hold ISO for the replenishment of the local budget

For the first two months of 2018. ICO-projects worldwide more than 3 billion dollars. Given the two rounds of initial placement of the token Telegram, by the beginning of March the amount is at least $ 4.7 billion — almost as much as the company gathered for the whole of 2017. Not surprisingly, the primary location of the tokens interested officials. The government of Louisiana decided to make ICO one of the items of income of the local budget. It is reported .

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How to make money on ICO

Now the state budget is not in the best condition: tax revenues in recent years has fallen due to the outflow of the population, and the government has repeatedly proposed to increase the fiscal burden.

Now, officials found more effective solution to the problem: the Governor of Louisiana Joel Robida proposed to create a local cryptocurrency and promote it via ICO.

Money raised for the ICO, will go to create a blockchain solutions to enhance citizen control over the actions of officials. More importantly, the cryptocurrency will become an alternative source of income to Fund public infrastructure.

if the currency traded on the exchanges and how it will be able to use the owners Robida said. According to him, cryptocurrency has proven its effectiveness not only "a small number of libertarians around the world."

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