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Lithuania’s central bank launches e-shop for digital collector coins

by CBDC Insider Staff
July 14, 2020
in Business, Europe
Reading Time: 1min read
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Lithuania’s central bank launches e-shop for digital collector coins
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Made up of six tokens, an LBCOIN will cost you €99. This means 24,000 digital tokens will be issued in total.
Each LBCOIN will randomly select six tokens which buyers can exchange for a physical collector coin worth €19.18.
The coin can be stored in a dedicated e-wallet on the central bank’s e-shop, sent as a gift, swapped with other collectors or transferred to a public NEM wallet which stores XEM tokens.
Each token features a portrait of one of the 20 signatories of Lithuania’s 1918-signed declaration of independence.
These signatories include six categories: priests, presidents, diplomats, industrialists, academics, and municipal servants.

Continue read: https://www.fintechfutures.com/2020/07/lithuanias-central-bank-launches-e-shop-for-digital-collector-coins/

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