CityToken (CTY) --It is estimated that 16 million Americans live in 3rd Tier (3T) cities. 3T cities are CityToken Communities.
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3T cities have populations between 15,000 and 200,000 (but some will be as large as 350,000).
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3T cities during the 2nd and 3rd Industrial Revolutions were strong, vital communities providing sustainable labor and growing incomes for most segments of their populations.
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3T cities across the country fell on hard times beginning with increased competition from European and Asian countries. The 4th Industrial Revolution (4IR see here ) has left many devastated.
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3T cities are either bankrupt or on the verge of being so. As a result, in many instances residents are left to fend for themselves. Often, the only services still available are those of first-responders. Infrastructures are often in extreme disrepair.
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3T cities also tend to vote less frequently but when active often choose leaders whose policies negatively impact local economic interests. Extremism becomes the norm in many places.
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3T cities are ground zero for a CityToken-type program.
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EXAMPLES OF 3T CITIES
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Akron, Ohio
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Stockton, California
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Trenton, New Jersey
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Albany, New York
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Bismarck, North Dakota
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Olympia, Washington
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Roanoke, Virginia
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Jefferson City, Missouri and many more.