How goes it MiamiCoin?

What is happening? Miami Coin has netted the city $5.25 million in revenue but investors not so much as the crypto’s value has fallen.

Why is this important? The city is using the revenue to fund subsidies for low-income residents. 

How will this be important? NYCCoin isn’t faring better, having fallen from close to half a cent at the beginning of February to about a quarter of a cent

Wall Street Journal | MiamiCoin Gets Off to a Rocky Start