MancCoin – A new cryptocurrency for Manchester
Objectives
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To launch a new cryptocurrency for Manchester based on Bitcoin
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To support & promote the use of Bitcoin in the Manchester area
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Provide information on other Alternative cryptocurrencies
Be a part of the revolution
Why create MancCoin?
MancCoin has similar ideals to other local currencies like the Bristol pound and the Brixton pound.
To promote Manchester as a brand and to provide discounts for local people and businesses that help to keep local resources & wealth creation within the city. In this way less wealth is extracted by big business and banks
How?
MancCoin can be created directly on the Bitcoin blockchain by creating a colored coin. By using colored coins MancCoin can avoid all the pitfalls of developing and maintaining its own Alt coin. The risk of MancCoin failing is greatly reduced as it can be tied directly to the most successful cryptocurrency Bitcoin. Additionally MancCoin would not have the high maintenance and security costs associated with local paper money.
Register your interest in the future of money!