Wednesday, October 5

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

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



es.investing.com