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Token Miami

Token Miami

Token Miami

Token Miami came about due to a personal need for our own reputations to be honored as well as the history of police misconduct. Demands for police accountability surfaced just as Black Lives Matter gained popularity.

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The process of creating an NFT, known as minting, has a cost that depends on which blockchain is used and the “gas price” for that blockchain, which fluctuates based on demand and timing. Ethereum is currently the most popular NFT blockchain, but there are others less-known blockchains that can mint NFTs for fractions of a penny. After it’s minted, the NFT can be marketed on platforms built for that purpose, such as Foundation and OpenSea.“What they buy is the bragging rights. They can go around to people and brag and say, ‘Hey, you can download, that's fine. But I am the owner.’ And that ownership information is stored on a blockchain network, distributed all over the place,” Carvalho said, noting that purchasing an NFT doesn’t always convey the author’s copyright or use rights to the buyer. “Buying the most popular NFTs is a club for very wealthy people.”

The MiamiCoin treasury consists of STX, which is sent by miners when they forward the funds to a Stacks smart contract for the right to compete in a mining competition. 30% of the STX forwarded by miners makes its way into the city treasury. Whenever the city wishes, they may access their reserved STX inside the wallet. At that point, Miami may use its treasury for whatever it deems fit and compliant.This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.NYCCoin can be mined or bought by anyone who wants to support New York City while earning crypto via the Stacks protocol. The city token is also programmable, which means that builders can choose to improve the city from their keyboard by using NYCCoin to build Web 3.0 apps, mint NFTs, or otherwise improve the city's digital infrastructure. The announcement by CityCoins was retweeted by Eric Adams, welcoming enthusiasts to what he's already referring to as the "global home of Web 3". (Source: gadgets.ndtv.com)

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Opening up a sneaker store was always a dream of ours since we started collecting over 15 years ago. How it actually came to fruition was something we did not expect but I’m sure that’s how most dreams come about. My partner Dee and I have started several businesses before Token Miami opened. We created a sneaker t-shirt company which transitioned into a pillow manufacturing business, creating pillows with images from fashion, art, sports, and music. During the height of our business endeavors, a friend of ours approached us about a retail space that he owned but can no longer manage and asked us if we were interested in taking over the space. The timing wasn’t so great seeing how busy we were running two businesses but felt that opportunities such these don’t come around often, so we took it.There are several sneaker consignment shops throughout the Dade/Broward area so we wanted to do something a little different from everyone else. Something that would make us stand out. One night, while my partner and I were playing video games, we sat and thought of different ideas we could incorporate into the store, we came up with nothing. I get a call at 4:00 am and my partner says one word, “Video games.” From that word, Token Miami was born. We built a store that incorporated video games and sneakers. Something that has never been done before. Since our opening in early September, Token has grown to be one of the hottest sneaker destinations in Miami. (Source:

With the growing millennial population in Miami, now is such a perfect time for a store like Token. It’s different, it’s creative and it touches all the areas that make millennials millennials. Plus, we are right in the Wynwood area. A location that just breathes art, music, fashion and sneakers. There are several new businesses that pop up every day in Wynwood. I decided to walk around the other night because I haven’t explored Wynwood since the store opened, so many new shops and spots to hang. It’s amazing. And most them are owned by people my age: 20’s, 30’s, 40’s. Young blood. It’s such a great time to start a business in Miami, especially in Wynwood. New York City is soon getting its own city token as the city's mayor-elect, Eric Adams isn't one for wasting any time in competing with Miami for the crypto hub crown in the US. CityCoins has announced that NYCCoin will be the next token to launch with mining slated to begin 3pm EST Wednesday (roughly 1:30 am IST on Thursday) — making it the second city token to launch after Miami Coin. City tokens are essentially cryptocurrency-based projects that allow people to invest in a city by buying tokens. (Source: gadgets.ndtv.com)

 

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