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#11: Andre Serrano, Community Lead @ CityCoins | The story behind MiamiCoin & how it helps people invest in & co-create their favorite city
Web3 Talks: Stories & Tips from the Builders
City Coins - What Are the Challenges?
City coins are designed to be much more bottoms up and grassroots. A city coin like Miami coin activates when 20 independent miners signal for that activation. And then after that happens, a countdown begins after which mining starts. The process of mining is how the city is able to generate value for their treasury wallet. Then the city has the ability to go ahead and claim those funds.
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