DISCLOSURE

Big Apple meets blockchain... NYC will be the second US city after Miami to get its own crypto: NYCCoin. Gotham will keep 30% of each NYCCoin that’s mined to support city initiatives, while users keep the rest. Users can trade NYCCoin or use it to mint NFTs or build blockchain-based apps. MiamiCoin has already earned the city $21M+, which it plans to spend on crypto education, underprivileged communities, and green initiatives. “City coins” could be the next step in crypto mainstreamification. Austin also has one in the works.