MiamiCoin (MIA)

MiamiCoin (MIA) is the first CityCoin launched in Miami. It is a cryptocurrency that allows individuals to mine and earn rewards while supporting their favorite city. Powered by the Stacks protocol, MiamiCoin enables the creation of smart contracts on the Bitcoin network. The mining process involves forwarding STX tokens into a smart contract, and winners are rewarded with new MiamiCoin tokens. 30% of the tokens mined are sent to a reserved wallet for the city, while the remaining 70% can be stacked to earn STX and BTC.

CityCoins, including MiamiCoin, aims to empower everyone to own their cities. By participating in mining or holding MiamiCoin, individuals can directly contribute to their city’s development and potential funding. The rewards received by MiamiCoin holders are distributed proportionately among the coin holders. MiamiCoin has generated significant funds for the city of Miami, providing resources for improving the city and enhancing the quality of life for its citizens. This innovative approach to funding cities through cryptocurrency constitutes a unique opportunity to revolutionize conventional government funding methods.

MiamiCoin has gained attention for its potential to transform how governments are funded. It offers an alternative approach to traditional taxation and philanthropy, aligning residents within cities and fostering economic competition between cities. MiamiCoin has demonstrated its success by generating millions of dollars in contributions for the city of Miami, leveraging the power of Bitcoin as its underlying foundation. The CityCoins project has sparked interest and support from prominent figures in the crypto space, city officials, and community members who recognize the groundbreaking impact that city-specific cryptocurrencies can have on local governance and civic initiatives.