What Is CityCoins and How Does it Work?
CityCoins describes itself as an avenue for citizens to generate crypto-based revenue for themselves and the cities where they live. Think of it as a win-win system that allows users to contribute crypto funds to their home city, or support other cities, in exchange for rewards.Users of the CityCoins platform have already begun to issue tokens for a handful of major cities, designed to help improve the lives of people living in them. Interestingly, the project has opted to base its operation on a bitcoin-powered ecosystem such that users and cities can potentially earn bitcoin.Miami and New York have emerged…