The Ukrainian hinterland received the first cryptodividends

In the village of Elizavetovka, Dnepropetrovsk region, the experiment with a cryptocurrency investment portfolio is successfully continuing. The village residents received the first dividends.

The head of the Elizavetovka village council, Maxim Golosnoy, also in the spring invested his personal $534 in cryptocurrency Cardano (ADA), purchasing one crypto unit for each member of the Elizavetinskaya territorial community. The cryptocurrency was purchased at 14 cents. A month and a half later, Golosnoy sold part of the acquired coins at a price of $0.39, thereby not only returning his initial capital, but also making a profit, turning the investment into $1,392.

Now the head announced to residents their right to dividends in the amount of 100 hryvnia for each. A pleasant surprise for village residents in the amount of $3.6 income. 

However, the crypto enthusiast is not going to stop at the first investment successes. He believes that the territorial community still has cryptocurrency and next year’s dividends could amount to 2,000 hryvnia for each resident of the “crypto village.” 

There are plans to use future income to repair local roads next year. In addition, Maxim Golosnoy does not give up hope of convincing the Kyiv authorities to allow the territorial community to invest budget funds in digital assets.

This is still unlikely, given the insignificant progress in legalizing the cryptocurrency industry in the country. Three bills are awaiting their turn in the Verkhovna Rada, new concepts are being developed and regular working groups are being created, and the creation of a legal framework for digital assets is still being postponed.