MiamiCoin: Miami Launches Its Own Cryptocurrency

Miami will launch its very own cryptocurrency, which will be called MiamiCoin. It will be used to fund infrastructure projects or events in the city.

The idea is that people will support Miami by buying or mining MiamiCoin, and funds will go to the city’s treasury. In addition to that, the coin allows investors to earn rewards in Bitcoin.

Also, it essentially allows people to invest in Miami by buying the coin! How cool is that? The money raised will also be used to fund projects and events in the city. The project will be launched by CityCoins, a well-known project that allows users to invest in a particular city.

CityCoins commented the following:

“MiamiCoin can be mined or bought by individuals who want to support the Magic City and earn crypto yield from the Stacks protocol. MiamiCoin additionally benefits holders by allowing them to Stack and earn yield through the Stacks protocol.”

This is certainly a creative way to build the Decentralized Financial (DeFi) system!

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