Post
Topic
Board Altcoin Discussion
Re: Bank of Lithuania's making the world’s first digital collector coin using NEM
by
HodlerKing101
on 14/07/2020, 13:40:18 UTC
It's happening!! We can see more countries and banks actually seeing the benefit of cryptocurrency and blockchain as a whole, do you guys think that we'll be seeing more of these?
What will be the use of their LBcoin though?

I think once you own one, collectors will get six randomly selected digital tokens that will be available for storage in a dedicated wallet at the LBCOIN e-shop. They could also be used as a gift, exchanged with other collectors, transferred to a public NEM wallet, and later be used to redeem a physical silver coin.

Atleast we're seeing an effort from a bank itself doing an exchange from crypto to actual fiat.