Kolion (KLN) is a cryptocurrency released on the Waves platform. Bitcoin and many other cryptocurrencies can be mined on a computer, but that's not the case with Kolion. People can buy KLN in other mainstream cryptocurrency exchanges, or get it by helping Kolionovo residents with construction or agricultural work, a process called “cultivation.”

Project background

Mikhail Shlyapnikov is a farmer who is in trouble when he tries to borrow money for his farm. Because the bank charged as much as 12% interest on small business loans, he had to issue his token.
He issued banknotes kolions in 2015, but was immediately stopped by the court. He later raised about $500,000 through ICO in April 2017, and then created a cryptocurrency called KOLION (KLN). According to the Kolion white paper, the distribution of tokens was conducted on the WAVES blockchain platform.
Kolionovo is a farmhouse in the Egoryevsky area of ​​Moscow, and Mikhail Shlyapnikov is a farmer in the farmhouse.
"I don't want to be a slave to the bank, so I have to issue my own token. And I did it. Now, I am my own bank, government, regulator."
Shlyapnikov introduced that the token is backed by about 500 bitcoins, with a total value of about $3.7 million, and is now worth about $2 million in circulation, and the price has steadily increased after issuance.
Bitcoin and many other cryptocurrencies can be mined on a computer, but that's not the case with Kolion. People can buy KLN in other mainstream cryptocurrency exchanges, or get it by helping Kolionovo residents with construction or agricultural work, a process called “cultivation.”

Related links:

https://kolionovosystem.com/
https://www.blockob.com/posts/info/2138