The main idea of LevCoin is to become Bulgarian national crypto-currency. Bulgaria has its own currency, called “LEV”. But it is intended to be removed and replaced by “Euro” – the common money of EU.
Founders of the project does not believe this will be good for Bulgaria. We do not believe in FIAT-money. In addition, “Euro” will bring much debt of other countries to be paid by Bulgarian taxpayers.
So we believe that, if before adopting the Euro, a Bulgarian crypto-coin emerges, then the Euro itself will become useless. No one can make people exchange their LevCoins for valueless paper “Euros”.
The main target of LevCoin is not profit, but helping people save their welfare against public debts and money-print in EU.