The CLN is a payment system that is powered by everyday consumption. The network allows communities to issue their own currency and use it to incentivise merchants and consumers for buying and selling locally with fiat. The CLN aims to utilize the power of cryptocurrencies to create a better, more transparent payment system and encourage local spending to keep more money circulating in the community.

CLN Charts

Charts by

Colu Local Network Details

Market Cap $1,140,151
Reported Volume 24H

Reported Volume calculates volume from all exchanges with market pairs, but due to factors such as wash trading, it is considered an unreliable metric.

$704
Circulating Supply 96,779,377 CLN
Total Supply 1,540,701,334 CLN
Team Location Tel Aviv, Israel
First Announced November 2, 2017

Colu Local Network Technical Details

Blockchain Ethereum (ERC20)

Pre-ICO Details

Status | Pre-Sale Ended
Pre-ICO Start Date Nov 2, 2017
Pre-ICO End Date Jan 17, 2018
Pre-ICO Hard Cap $25,000,000 USD
Investor Supply 262,500,000 CLN

Project Details

Status | Crowdsale Ended
ICO Start Date Feb 14, 2018
ICO End Date Feb 18, 2018
Total Raised $20,000,000 USD
Hard Cap $25,000,000 USD
Total Supply 1,500,000,000 CLN
Investor Supply 262,500,000 CLN
ICO Conversion

1 CLN = 0.095 USD

Supply Distribution

35% Token Sale Event Pool
30% Community Pool
29% Future Development Pool
(3 years lockup)
6% Team Pool

ICO Countries Not Allowed

The following countries were not allowed to participate in the crowdsale:

  • USA

Colu Local Network Team

Amos Meiri
Amos Meiri

Co-founder & CEO

Mark Smargon
Mark Smargon

Co founder & VP of blockchain

David Ring
David Ring

Co-Founder & VP Finance

Dan Ariely
Dan Ariely

CBO

Elad Shabi
Elad Shabi

Director of Business Operations

Maya Grossman
Maya Grossman

Director of Marketing

Leora Bachrach
Leora Bachrach

Head of HR

Rotem Lev
Rotem Lev

CTO

Dana Heller
Dana Heller

Chief Economics and Regulation Officer

Valery Zhurbenko
Valery Zhurbenko

DevOps Lead

Tal Beja
Tal Beja

Blockchain Infrastructure Lead

Dotan Hershkovitz
Dotan Hershkovitz

TVL Marketing Lead