Miami, FL becomes the first U.S. city to use CityCoin cryptocurrency with launch of MiamiCoin ($MIA)
Miami, FL CityCoin cryptocurrency MiamiCoin ($MIA)
The City of Miami launched MiamiCoin ($MIA), its own version of the CityCoin, making it the first in the United States to use its own cryptocurrency. CityCoin is a programmable city-based token designed to generate a community-driven revenue stream and expand the economy for local governments. Users mining for MiamiCoin receive 70% if the reward for each decrypted block and the remaining 30% goes toward the city's budget to support local projects and infrastructure development.
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Miami becomes first city to launch CityCoin - Smart Cities World
CityCoins are programmable city-based tokens that aim to unlock a new community-driven revenue stream for local governments as well as engage and incentivise citizens.
Miami becomes the first U.S. city to launch its own cryptocurrency
Miami will be debuting a cryptocurrency this summer with the goal of helping raise additional funding for local endeavors.
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