Topic: [ANN][CITY] City Chain - Blockchain for the Smart City Platform (Read 721 times)

The private city of Liberstad in Norway is expanding by purchasing a section of land which will connect the two sections they currently own.

This will allow for additional residents to build homes in the city. Plots of land will be available for purchase using City Coin in the coming weeks.

The valuation should be based on the circulating supply, and all the details on what is circulating will be published and communicated in an open manner.

The premine was 13,736,000,000, or 13.735 billions. It was not 13 trillions, as you commented.

City Chain Foundation, Private City Fund and the Incubator Fund will seed 1 year of what was donated to it every year for the next 200 years, and this will happen through a smart contract when the smart contract functionality is launched on the City Chain blockchain.

As an example, the City Chain Foundation which will continue the development of City Chain and the Smart City Platform, received a total of 2,747,200,000 (20%) of the premine, of which 13,736,000 (13.736 million CITY) will be made available into the circulating supply every year.

Either a dedicated section on the existing website, or another website, will contain all the economic data and information that is available on this, but not available at this moment. Donations are public information, and what the foundations are spending money on will largely be public information.

We're sorry you think this project is a scam. We have worked hard on this since August 2017, and we will continue to work hard on this project. It has been thus far been funded with own funding, resources and time, no ICO was made.

What NRK and other news outlets decide to cover and report on, is not something that we can control in any way or form. There exists no "crypto police", and we are not stealing anyone's money.

To close off the comment, approx 68,680,000 CITY will be added to the circulating supply each year, in addition to the Proof-of-Stake rewards to stakers. As CITY has only been released for 3 months, that means approx 22,894,000, which should give an approx evaluation of $2,747,280

So the current market cap of CITY, is less than 3 million dollars, which places it around #520 on Coinmarketcap.

Editet.

https://news.p2pb2b.io/wp-content/uploads/2019/01/Group-4.6.png

PRESS RELEASE: City Chain Coin Is Available for Trading on p2pb2b
DATE: 08.01.2019

"Earlier, we have told you about City Coin – a cryptocurrency that promotes the idea of using digital money in everyday lives. We are glad to inform you that the coin is finally available for trading on our exchange.

City Coin is the main means of payment on Smart City Platform. The network is based on City Chain blockchain and creates crypto technologies that can be used by citizens all over the world. City Coin holders can use their coins for buying goods and services online and utilize applications for the implementation of the blockchain in urban life.

Go to p2pb2b to get your City Coins and start trading!"

https://news.p2pb2b.io/city-chain-coin-is-available-for-trading-on-p2pb2b/

Thanks, we do think that we have great potential and the team will be very capable of delivering the software and services needed for the platform to be a success. CIVIC is an interesting and useful ecosystem for identity, with a different focus on identity compared to City Chain. The identity part of City Chain, is not so much about KYC, but instead building trust and relationships based on your self-proclaimed identity. For KYC scenarios where a business needs to have verified government issued identity, we might look to integrate with partners that provides KYC services. Thanks again for following! =)

It is very hard to predict the future, but we did this with the hope and intention that City Chain will continue to grow and be developed well beyond our own timelines. If we are all so lucky, technology might give us long lives.

You are a Civic trader also in Binance and Bittrex, right?
It looks like you also followed ICO from the Civic.

I have been disappointed with CiviC because this account is not the same as what I expected when trading at Bittrex. dammnnnnn !!!

200 years is not a short time, maybe I also stand in this forum will die at the age of 50 years. LOL
I might be impatient to look forward to 200 years of age unless my age is raised from EDO TENSEI Ninjutsu at NARUTO. LOL

If this is the thought, then countless projects are still producing or thinking about producing things that there is no adoption or even application in the world, anyway, the idea of City Chain is good.

For more exposure of your ICO, list your ICO in https://briefico.com/. Please remember, listing is free and if you have any doubts regarding listing, please pm me.

ANNOUNCEMENT: CITY SOON AVAILABLE ON P2PB2B.IO!

https://news.p2pb2b.io/wp-content/uploads/2018/12/23site.png

PRESS RELEASE BY P2PB2B:

Cryptocurrency for Citizens – City Coin Will Be Traded on p2pb2b

Cryptocurrency gave us an opportunity to use digital money not only for business but for everyday life. City Chain team is willing to spread the idea of using crypto in cities and towns and has created the platform for these purposes.

City Chain blockchain powers Smart City Platform that makes crypto technologies available for all citizens and improves the way people communicate and manage their assets. By using the platform and owning City Coins citizens will be able to buy goods and services online without any restrictions and difficulties. City Chain makes it applications user-friendly and convenient in order to make the implementation of the blockchain technology in the cities even simpler. You can already use City Hub app with a built-in wallet to store City Coins.

https://news.p2pb2b.io/cryptocurrency-for-citizens-city-coin-will-be-traded-on-p2pb2b/

Thank you for the positive feedback! We did not do an ICO, and have funded the development with our own funds and time thus far. It is based on the fantastic work done by everyone contributing to the Stratis Platform, with improvements and modifications done by us. We also contribute back to Stratis Platform as much as possible.

As of right now, Liberstad is selling coins using CoinPayments, and you can give donations in fiat using Donorbox and receive CITY as token of appreciation. Additionally a new exchange is under establishment and development, named Liberstad Block Exchange (LBX). It will feature some crypto-currencies, and in the future it will become a crypto-company stock exchange as well.

City Coin at Liberstad:
https://www.liberstad.com/about-city-coin.html

Liberstad Block Exchange:
https://lbx.no/

It has been announced that CITY will soon be available on P2PB2B:
https://p2pb2b.io/referral/975bbcfb-4249-41b5-956a-8e5944ac7d4a

We suggest registering with P2PB2B today, so you are ready for when the trading starts.

We are also working with other exchanges, details will be announced at a later time.

Hi and thank you for the comment! City Chain will not only be for private cities, or even new cities, existing cities and communities can benefit as well. There are many services a citizen receive today in a city, and those are often services with cumbersome software and procedures. Additionally they are built on trust, without the ability to perform independent or personal verification and validation. We're also building solutions that will be valuable to merchants, small and large, around the globe.

Seems like the project is closely associated with both Liberstad and Liberland. Liberstad and a very real thing. Whether it will become a "smart city" is an open question, but the idea of placing their land registry etc on the blockchain is an easy first step.

Also, I cannot find that they did an ICO and therefore have any investors. Where can we even buy these coins?

Edit: Duch, just noticed the link to exchanges now... Seems like this is more like an offer to buy, than a real exchange. When can we see listing on existing exchanges?

This looks like a very cool project! The association with Liberstad, which is physical and real, gives this chain distinct qualities totally absent in the majority of projects. I will download and checkout the client. Where can I get coins? Is there a faucet of sorts to try it out and perhaps start staking?

www.liberstad.com - not working(

So, if this project is for smart cities, which are not existed in the world at the moment and there are no any dates when at least one of them will be started, when your token will give profits to your investors.

Following with great interest.

Reserved Spanish Translation. Confirm please.

Thank you for the feedback, much appreciated! Have added link to the City Chain Foundation as link number two, it has some of the members and more will be announced later. Here is the link again: https://citychain.foundation/

Are you going to disclose your team members? This project should not be scared in showing their faces if they really want to implement the usage of their coin to their so-called Smart City located in Norwary. This is a great example of how blockchain changes the way of life of a particular community. But credibility is important to know if the project is running legit. So if it's not too much to ask, can you publish the faces and their profiles of who are behind this project?

[Reserved]

City Chain is the blockchain that powers the Smart City Platform. A decentralized platform empowering global citizens in the modern era. City Coin (CITY) is the means of value exchange, yet the Smart City Platform will be supporting multiple cryptocurrencies (including Bitcoin) as a means for payments and other operations.

https://city-chain.org/images/logo/city-chain-gold-100x.png

“Our goal is to make crypto-currencies and crypto-services available to, and used by, everyone.”

Links

Get started https://start.city-chain.org/

Website https://city-chain.org/

City Chain Foundation https://citychain.foundation/

Explorer https://explorer.city-chain.org/

Video https://www.youtube.com/watch?v=plY5oOoTjz0

Twitter https://twitter.com/citychaincoin

GitHub https://github.com/CityChainFoundation

Discord https://discord.gg/CD8CTJt

Telegram https://t.me/citychain

Wallets

The portal into City Chain, is City Hub. It is both your wallet, and much more. It will be your portal into your financials, identities, communities, subscriptions, contracts and more.

Currently available in 64-bit version for Windows, macOS and Linux.

Get the latest version at: https://github.com/CityChainFoundation/city-hub/releases/latest

When additional support for CITY (City Coin) is added by other apps and services, they will be listed on this announcement in an update.

Specifications

City Chain is built on the Stratis Blockchain Platform. It will continue to adopt the majority, if not all, future improvements and modifications made to the Stratis Blockchain Platform. City Chain, and the Smart City Platform, will build on the foundations of this platform and extend it with additional functionaly and features that goes above and beyond.

By relying on the existing platform, we get the benefit of an active development community around Stratis, and we gain a large test-base for new technology and abilities, such as Smart Contracts and sidechains.

Consensus: Proof-of-Stake (POS)
Block Time: ~60 seconds
Block Reward: 20 CITY  
Coin Type: CITY (SYMBOL), 1926 (INDEX) (BIP-44)

Coin Distribution

A total 13,736,000,000 (distributed over the next 200 years) of City Coin was premined, of which all was donated to three (3) individual non-profit funds.
The amount of coins made as rewards from Proof-of-Stake, will over the course of 200 years, be 2,102,400,000 coins. 200 years is not the end-limit for staking rewards.

10,512,000 new coins are created through staking (POS) every year.

The distribution among the funds where:

• City Chain Foundation - 20%
• Private City Fund - 55%
• Private Business Incubator Program - 25%

Short summary of the fund's/foundation's objectives:

• The City Chain Foundation is a non-profit organization that develops and maintains City Chain and the Smart City Platform.
• Private City Fund will help and support projects to establish private cities, give financial support to these projects and spread information and ideas regarding private cities.
• The incubator program will support establishment and growth of startup-businesses that develops services or technology that is related to private cities.

The donations are given to support the foundations for 200 years. The coins will be brought into the market and economy at predefined and known cycles, ensuring that the market knows the increase in available coins.

Exchanges

p2pb2b.io (BTC, ETH, USD)

Liberstad Block Exchange

Liberstad

List will be updated as City Coin is made available on more exchanges and services.

Partners

Liberstad is a new city under development in Norway and is an important partner and sponsor of City Chain. Liberstad will be one of the first cities to utilize the City Chain and Smart City Platform.

https://www.liberstad.com

More partners to be announced in the future.

Notes

The goal of City Chain is not to be a competing currency to other cryptocurrencies, but to be an enabler for utilizing blockchain technology and cryptocurrencies at a broader and wider scale than exists today. It is not only about (new) private cities, the Smart City Platform can be utilized by existing cities and communities to reduce costs and improve efficiency in some of the services provided to the citizens.