There is nothing more fun than digging below the surface of coins that are new and emerging. One coin recently grabbed my attention was New York Coin. I guess just owing to the size and market of this massive city the NYC coin I thought was a coin worth investigating.
New York Coin was launched on March 6th, 2014. The Original developer disappeared at launch and is still unknown to this date, which is a fascinating story. New York Coin is a fair launch crypto-currency with no pre-mine operation.
NYC is completely open-source with a searchable block explorer, including;
LIGHTNING FAST
NYC confirmations are 20 X faster than Bitcoin and 5 X faster than Litecoin. New York Coin is usable at the retail level worldwide. NYC is ideal for time-sensitive daily consumer transactions.
OPEN SOURCE
New York Coin code is completely open-source and published at Github code repository since launching March 6th, 2014. Fair launch, no pre-mine, true cryptocurrency with block explorer
FREE TO USE
NewYorkCoin enables free worldwide remittances. There are no fees to send or receive funds worldwide using the NYC network.
WORLDWIDE MONEY TRANSFER ABSOLUTELY FREE
Now lets take a look at the Coin Market Cap of this coin, current price and the Circulating Supply. Certainly a coin in an infant stage with a Market Cap of some $27,000,000 Million and a circulating coin supply of over 132 Billion, the pricing seems attractive, though on further investigation of the website, I would have to say I was most impressed -with the Coins vision for an emerging player in the Crypto Space!
Check out the Website Link below for further factual detail and the dedicated team involved in the growth of this coin.
http://newyorkcoin.net/
NewYorkCoin NewYorkCoin (NYC)
$0.000206 USD (+16.13%)
Market Cap
$27,180,636 USD
Volume (24h)
$51,729 USD
4.83 BTC
Circulating Supply
132,185,463,284 NYC
NYC has a heavy focus on the Retail Client with near instant transactions with > 30-second confirmations enabling NYC to be used at the retail level worldwide for daily time-sensitive consumer purchases.
New York City businesses NOW ACCEPT NYC as payment. KEATS Bar & Restaurant and EPIC Hybrid Training (both Manhattan locations) PROUDLY ACCEPT NEW YORK COIN! 100 New York City businesses can participate in NYC 25 ADVANTAGE promotion.
Growing community
The development team is active and always in close contact with the community. You can easily contact us for support or new ideas about NYC. NYC also offers its users a decentralised, anonymous and secure worldwide network easily accessible using a wide array of wallets on multiple operating systems.
In terms of Markets and Trading - Yo-Bit & just recently launched Coinomi is the new wallet for NYC with many more new Markets on the Horizon.
For a small player in a Massive Market and a conscientious team keen to grow retail clientel, this coin might be worth a small play for a Long Hold. NYC ATM's for 2018 certainly sounds exciting.
Can the NYC turn into the "Big Apple" your waiting for?
I am not an investment advisor the trading of Bitcoins, alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice
