Russia Releases Regional Coin, Waves-Powered

Yuri Molchan
One mln of AmurCoins was issued by local and Moscow crypto enthusiasts, based on the WAVES platform. Founders didn't plan to replace the Ruble in their region
Russia Releases Regional Coin, Waves-Powered
Cover image via U.Today

One mln of AmurCoins (title originating from the Amur Oblast and the Amur river) was issued by local and Moscow crypto enthusiasts, based on the WAVES platform.

The creators, reportedly, did not plan to replace the Ruble in their region but rather to use the tokens for studying Blockchain and the way cryptocurrencies function.

The Eastern Economic Forum is to take place in Vladivostok in September 2018. The AmurCoins will be granted to the guests, allowing them to buy ice-cream, souvenirs and even rent a hotel room.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.