Many large companies are actively mastering the blockchain technology and the cryptocurrency sphere. They are developing projects of crypto cities dominated by innovation and digital assets. The goal of these projects is to create a territory where cryptocurrencies are a reliable alternative to traditional money. Here are five projects of such crypto cities.

Sol City (Puerto Rico)
Last year, the crypto city of Sol City appeared in the city of San Juan (Puerto Rico). According to the idea of crypto-enthusiasts, this will be a city where the money would be virtual, and all contracts public. Entrepreneurs bought a whole block in the historic district of the capital called the Old San Juan. At the moment the project is still in the development stage. Crypto-enthusiasts were attracted by no federal taxes on personal profits and favourable taxes for businesses.

Noah City (Philippines)
The Asian Noah Project can be the first company to make the futuristic city dream come true, building it from scratch. The project was launched in Manila (Philippines). The huge quarter called Noah City will become a place where all types of cryptocurrencies will be accepted. The developers are also planning to launch their own virtual currency, Noah Coin. Its holders will receive exclusive access to a number of services, discounts and loyalty programs. The project of the crypto city is already at the implementation stage.

Akon Crypto City (Senegal)
The project of this innovative crypto city is also goes at a stage of development and implementation. Akon Crypto City is the brainchild of singer and music producer Akon. According to his idea, the entire infrastructure will be built from scratch in the crypto city: residential buildings, shops, parks, schools, universities, hospitals, etc. Akon’s own digital currency, Akoin, will be adopted.

The Blockchain District (India)
The project of this territory, where different cryptocurrencies will be in circulation, is only designed so far. This will be the first blockchain district in India. It is expected that it will become a center for the development of new technology and an incubator for blockchain startups all around India and could become one of the world's centers. The district will appear in the state capital of Hyderabad. The government will build all the necessary infrastructure, and large companies will provide technological support to residents of the district.

Agnes Water (Australia)
This is a small town in Australia. Unlike others, this project is complete and operational. Such cryptocurrencies as BTC, BCH, ETH, LTC and NEM are accepted here. In the early summer of 2018, the authorities of Agnes Water declared it to be the first cryptocurrency city in the country. Despite its small size, over 30 local companies began to accept Bitcoins, Lightcoins, Bitcoin Cash, Ethereum and NEM as payment. There are always a lot of tourists in Agnes Water, so the chances for the further development of the cryptosphere are very high.

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