Central African Republic go Tokenize Land on Solana Blockchain for Global Investors
Di Central African Republic (CAR) don announce one new initiative wey dem go use their national $CAR token tokenize over 1,700 hectares land for Solana blockchain from June 2025. Di plan na to make land management open well well and make global investors fit buy tokenized real estate asset quick quick and cheap for top blockchain system. Di land wey dem go digitize dey near Bossongo village, e fit join mining projects, based on mining laws and resource tokenization rules wey dem make for 2023. $CAR token wey dem launch as meme coin and digital money experiment for February 2025 don dey waka up and down for price — e jump 100% before di land sale announcement and double to $0.05, but still no reach di highest price of $0.70 before. With market cap over $56 million and more than 18,400 holders, di CAR token sale dey push di country move forward for blockchain adoption since dem already recognize Bitcoin as legal tender before. Dis new plan wey replace di stopped Sango Coin project fit bring big foreign money go CAR economy wey dey grow and help more people start to use digital asset. E also dey set example for other countries wey dey think to use blockchain for property management and resource monetization.
Bullish
Di Central African Republic own one big plan to transform land tokenization using $CAR token for Solana blockchain, e introduce one of di most ambitious national scale blockchain projects for Africa. Dis one go increase di demand for $CAR token as e dey tied directly to correct asset—land—and de use Solana efficient ecosystem make investors chop belleful. Di announcement don already make di $CAR token price double before e launch, show sey market dey very interested. For short time, di news fit increase trade volumes and speculations on $CAR, plus maybe Solana as e get connection. For long term, if e implement well and e attract money from outside, e fit support $CAR price and di liking for blockchain-based asset tokenization. Dis development still make CAR stand out compared to lost causes like Sango Coin, e boost better credibilty for dis new project.