MiamiCoin Nets $7.8 Million for City of Miami

Written By Guest User

Miami-centric cryptocurrency MIA has contributed nearly $8 million to the city’s coffers in just two months. Read the full article by: Liam Frost

Key Points:

  • In just about 2 months from its launch the CityCoins blockchain project Miami coin has generated $7.86 million.

  • Miami Coin holders will also be able to mine and earn yields on their holdings. The rewards will be payed out in BTC or STX.

  • Miamis mayor, Francis Suarez thinks that this could bring in over $60 million in the next year and will “revolutionize” the way city programs are funded.

  • “ ‘ When you think about the possibility of being able to run a government without the citizens having to pay taxes, that’s incredible,’ Suarez said.”

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