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AmbaCoin is the official
cryptocurrency A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership record ...
of
Ambazonia Ambazonia, alternatively the Federal Republic of Ambazonia or the State of Ambazonia, is a political entity proclaimed by Anglophone separatists seeking independence from Cameroon. The separatists claim that Ambazonia should consist of the N ...
. It was launched in 2018, and the
ICO is a 2001 action-adventure game developed and published by Sony Computer Entertainment for the PlayStation 2. It was designed and directed by Fumito Ueda, who wanted to create a minimalist game based on a "boy meets girl" concept. Originally ...
was from December 2018 to 2019. The
Ambazonia Governing Council The Ambazonia Governing Council (AGovC) is an Ambazonian independence movement. The movement has been known as "hardline" compared to other major Ambazonian separatist movements, and unwilling to engage with federalists. Starting off with a compl ...
claims that all profits go towards their independence struggle and humanitarian aid. It is said to be backed by the "rich natural resources" of the breakaway region. As of the 18th of July 2024, their main hub
transact.ambacoin.io
is currently a dead link.


Proposal

In 2018, AmbaCoin was created with the intention of being the official currency of Ambazonia. Despite the AmbaCoin being a cryptocurrency, it cannot be used as an official currency due to many Ambazonians not having access to the internet, low internet literacy, and lack of proper electricity infrastructure; most residents have little to no access to electricity. Because of this, a new currency would have to be introduced if independence is attained, for day-to-day transactions and business matters. Several names have been suggested but none have been adopted officially. Examples include: the Amba, the Ambazonian Shilling, the Amba-Dollar, Southern Cameroonian Pound, Ambazonian
Cowry Cowrie or cowry () is the common name for a group of small to large sea snails in the family Cypraeidae. Cowrie shells have held cultural, economic, and ornamental significance in various cultures. The cowrie was the shell most widely used wo ...
(the historical currency that circulated along the coast of West Africa, mostly by traders and merchants, before the colonization of Africa), Njangi, Ambazonian Dinar, Ambazonian Qwid and the West African Eco (provided it joins the
ECOWAS The Economic Community of West African States (ECOWAS; also known as CEDEAO in French and Portuguese) is a regional political and economic union of twelve countries of West Africa. Collectively, the present and former members comprise an area ...
along with the
WAMZ WAMZ (97.5 FM) is a commercial radio station in Louisville, Kentucky. It airs a country music format and is owned by iHeartMedia The studios are in the central part of Watterson Park. WAMZ carries two nationally syndicated radio progra ...
if or once independence is attained).


References

Cryptocurrency projects {{Cryptocurrency-stub