KOLION is the coin on the Kolionovo Ecosystem. It is a patriotic Russian blockchain project and a test of the local economy. It wants to raise money for real production of agricultural goods and services. Kalionovo intends to perform massive crowdfunding to not rely on bank loans and state’s subsidies. The development of the project started in 2007 as a new model of a rural economy. It focuses on mutual aid, freedom, openness, and trust. It is working with farms and individuals producing various goods and services. The KOLION coin is built on top of the already working project. The creators had the goal to issue 1 million KOLIONs and to have an exchange rate of 1:1 with USD. Due to its crowdfunding nature, the creators are claiming that the cryptocurrency is backed by real products.

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