Paving the way to a digital future
of endless possibilities

The first
Crypto Initiative

The first
Crypto Initiative

The Sango Project is a “Crypto Initiative” that was started by theCentral African Republic National Assemblyand supported by the President
Sango.
The Objectives
Building directly in the heart of Africa the first legal Crypto Hub, recognized by a country’s parliament, that welcomes businesses and attracts global crypto-enthusiasts
Sango.
The Objectives

Taking the Bitcoin
legacy to the next level

...

The Crypto Island

...

Premises

April
21
The Central African Republic, made headlines when adopted Bitcoin as legal tender, making it the first country in Africa to do so and the second in the world after El Salvador
April
5
The Central African Republic received approval for a $35M development fund from The World Bank for the digitalization of the public sector. The World Bank is not part of the Crypto Initiative.

Premises

Before the end of 2022
Before the end of 2022, The Central African Republic will be the first country in Africa to create a dedicated legal framework for cryptocurrencies
The Central African Republic, made headlines when adopted Bitcoin as legal tender, making it the first country in Africa to do so and the second in the world after El Salvador
Creating the proper conditions for a digital first and thriving crypto-economy

The “Bitcoin law” (“Law number 22” from the 21st of April) also specifies the following

All exchanges in cryptocurrencies are not subject to taxes

1

Marks the birth of the National Agency for Regulation of Electronic Transactions (Agence Nationale de Regulation de Transaction Electronique “ANTE”)

2

Sango.
The Legal Framework

E-residency
Program

Citizenship by
investment

Online business
registration

Income
tax 0%

Corporate
tax 0%

Sango.
The Legal Framework

E-residency Program

Citizenship by investment

Online business registration

Income tax 0%

Corporate tax 0%

Sango.
The Legal Framework

Digital identity

recognized by all official government entities

Digital ownership

recognized by official government entities

Sango.
The Legal Framework

Allocation of Resources for Crypto Projects

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Allocation of Resources for Crypto Projects

The state will fully support the access to the country’s natural resources such asgold, diamonds, uranium, iron ore, copper, coltan, cobalt, nickel, lithium and petroleum
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Allocation of Resources for Crypto Projects

As the government is the principal landowner in the Central African Republic, it will be facilitating land acquisition in Bitcoin for worldwide investors

Sango - The Crypto Island

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Sango.
The Crypto Island

Sango.
The Crypto Island

Participate in creating the digital infrastructure of tomorrow, powered by blockchain technology

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Develop an ecosystem that embodies the following

1. Wallet: send, receive and store Bitcoin

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User friendly multi-platform wallet application for mobile (iOS, Android), web and desktop (Windows, MacOS, Linux)

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Requires compatibility with layer-2 implementations such as the Lightning Network (BTC/LN)

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Compatibility with Point-of-Sale (PoS) for businesses to accept crypto-payments

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Integrated automatic accounting system for enhanced VAT collection

Call to Action

Develop an ecosystem that embodies the following

2. Digital identity and ownership solutions

Encrypted biometric data that uses privacy-preserving techniques based on zero-knowledge proof systems

Each user will be assigned a custom NFT that will enable data protection against theft and leaks with a build-in privacy system

Call to Action

Develop an ecosystem that embodies the following

3. Tokenization solutions

Democratization of investments and easy acces to capital

Fractional investments for larger participation

Call to Action

Develop an ecosystem that embodies the following

4. Sango Metaverse ecosystem

First Metaverse backed by reality

The virtual representation of the island will be mapped 1:1 to reality