Tuesday, February 20

MiamiCoin has already raised 24.7 million dollars… but who will benefit? By CoinTelegraph

©Reuters. MiamiCoin has already raised 24.7 million dollars… but who will benefit?

Cointelegraph recently spoke with Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a dividend in .

The company that establishes the infrastructure for Bitcoin dividends to reach citizens is CityCoins, an open source protocol that provides fundraising mechanisms for cities.

Miami and New York City are the two inaugural cities that have started fundraising, through MiamiCoin and NYCCoin. However, neither Miami nor New York City actually own MiamiCoin (MIA) or NYCCoin, rather their treasury wallets are filled with Stacks (STX).

Read the full article on Cointelegraph

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