Maricoin, the LGTBIQ+ Collective Currency, Will List…

  • The Maricoin-USDT pair can be exchanged both on Tinyman (the main DEX of the Algorand network) and on Uniswap (the main DEX of the Polygon network).
  • The starting price will be $0.030, which means a $0.005 premium for the 13,000 existing owners who bought it in pre-sale.
  • Mariwallet digital wallet, accessible on IOS and Android, will communicate with exchanges in real time to maximize the use of maricoins in business

One year after revolutionizing the cryptocurrency ecosystem with the launch of the LGTBIQ+ community coin, Maricoin has announced its launch on exchanges on February 9. Nearly 1 billion coins, or 10% of the coin supply, will be put into circulation on Tinyman and Uniswap, the main DEXs of the Algorand and Polygon networks.

Maricoins can be exchanged, bought and sold from the Mariwallet digital wallet, available on Android and IOS, which already allows payments and collections at a fixed rate in companies that accept it, and from the same day 9 the market price will be updated. Mariwallet will also allow network switching (Algorand-Polygon-Algorand) via a bridge or Bridge internally, as well as its association with exchanges and the swimming pools Liquidity.

Starting price will be $0.030, capitalization of $300 million and a bonus to 13,000 existing coin holders of $0.05, which they acquired in pre-sales, stores and events starting at $0.025.

The new tokens will be released to the market mainly by associations that advocate for the LGTBIQ+ group, depositories of one of four coins, and around 2,500 million Maricoins. These organizations receive the same amount of coins as the people who refer them.

Currently, out of the 442 million coins in circulation, about 350 are banned for sale (bandage) and more than 50 million in Maricoin private stake (locked annually at an interest rate, or APY, of 6%).

The founders and mentors of Maricoin, whose digital wallets, like the aggregator, will be guarded by the regulated entity Onyze, have announced their intention to provide the currency with protection schemes that avoid excessive fluctuations in the premium prices of cryptocurrencies and thus make it possible to maximize its adoption and use in stores.

New POS and NFC payments

In this sense, Maricoin has launched its own Point of Sale (POS terminal) that accepts both NFC payments using pre-loaded wristbands and Mariwallet payments with QR codes, as well as creating tickets and cash registers for businesses that accept the currency.

These companies are promoted through Marimap, a digital map similar to Google Maps that shows organizations, ambassadors, and associations associated with the Maricoin ecosystem.

The POS, developed in partnership with Waynance, may be amortized by companies thanks to the commissions generated, which are lower than those of VISA cards. Similarly, the bracelets would allow for mass adoption, especially at large events like the LGTBIQ + Pride parties.

These payment systems are complementary to the existing use of Mariwallet for payment and charging for products and services. What will change from February 9th is the price, so they will allow companies to change the amount of maricoins received from their customers into credit money (such as euros or dollars).

This makes Maricoin the first ready-to-use cryptocurrency as it was initially designed, an alternative currency to fiat money and the most focused on usage rather than speculation. So far, with the exception of El Salvador, which has bitcoin as its common official currency, the massive use of cryptocurrencies as currencies has not been published in any country.

Maricoin’s structure and scalability is focused on becoming the fourth largest economy in the world, since it targets 7.5% of the world’s population, which matches any of the LGTBIQ+ acronyms, as well as the rest of the diversity-tolerant population.

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