December 1 - 9, 2017 | MACRO via Nizza Rome
December 1 - 9, 2017 | MACRO via Nizza Rome
dicembre, 1º 2017, 7:00 pm | dicembre, 9º 2017, 11:30 pm
December 1 - 9, 2017
MACRO via Nizza, Rome Italy, Rome, Italy

Program: MACAO: Commoncoin


MACAO: Commoncoin


Duration: 2 hours

Friday, 01 December 2017 | 16:00 > 18:00 | Sala Cinema

The Macao Center has released its own community cryptocurrency, the Commocoin, which has been built on the Faircoin blockchain, developed in collaboration with's Freecoin.

After an initial airdrop (a free "injection" of currency in which community members received a sum to spend), participants experienced the use of crypto currency to pay for everything in the center, routine maintenance, democratic participation , and the possibility to activate buying groups in the euro system. The governance of the Commocoin project is decided by the consent of a general assembly. At the end of each month, all members of the Center's Assembly receive a basic Euro Income generated by the income of the organization's activities.

Macau along with Faircoop and many others have recently launched Bank of the Commons, a real financial cooperative that offers multi currency banking services to all its members. It is the first bank in which every user can independently manage their own Fair Coin wallet (a worldwide cryptomoneta conceived for global production and solidarity), but also portfolios in Euro, Bitcoin and all the most well-known coins.