Maricoin: The First LGBTQ Cryptocurrency Sets Sights On ‘Changing The World’

Maricoin, the very first cryptocurrency made exclusively for the LGBTQ+  community, recently made its debut on new year’s eve; and it’s a digital  token striving to harness the community’s economic power to the cause  of “changing the world”.

“Since we move this economy, why shouldn’t our community profit from it,  instead of banks, insurance companies or big corporations that often  don’t help LGBT+ people?” Co-founder Juan Belmonte said to Thomson  Reuters Foundation, a London-based charitable arm of Thomson Reuters.

Maricoin backers are anticipating the digital currency to start trading  early this year, for the token may very well turn into an acceptable  means of payment in a number of LGBT-friendly businesses, along with other establishments that have signed an equality manifesto.

In principle, the cryptocurrency already has plans to be used in some 25 commercial  establishments, distributed in various cities across the country of  Spain.

Maricoin is developed as a means to empower the community by expanding its  financial options. The idea of creating a crypto on this theme may appear to just be a solid marketing stunt to many, but the brains behind  this digital token assure us that the revenue made through this  token will be utilized for the benefit of the community.

With Maricoin being backed by Miami-based venture capital firm  Borderless Capital, 8,000 people were said to already be on a waiting  list for the crypto, seeking to buy these coins before the currency  starts trading.

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