Quote from: schnorchel on August 28, 2014, 11:28:37 PM

Quote from: IsraelCoin on August 19, 2014, 01:03:18 PM

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1. We are working on a press release that will detail a the acceptance of Isracoin as means of payment for buying land in a prestigious real-estate development. This has been in the works for quite some time and we will be releasing it in Israeli news media either this week or early next week. We can tell you that one of the really cool parts of this deal, other than being the first time in the world (as far as we know) that you can buy land with crypto (and certainly with alts), is that the project will actually set the value of Isracoin at 1 ILS (roughly $0.3) which will help a lot in establishing a commerce based value for the coin.

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Any news concerning this point?

The company has already agreed to this as per the details provided above. Now we are trying to coordinate taking this to the public together with a system that will allow the general public to buy Isracoins with local fiat. It is important to us to make this practical and give people a way to actually get their hands on such quantities of ISR.