🏴 Scotcoin's Bold Move: Ethical Crypto

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Hey crypto trailblazer, 👋

Scotcoin, Scotland’s homegrown cryptocurrency, is making waves as it prepares for a major exchange listing this February. Beyond the hype, this move signals a shift where crypto isn't just about speculation—it's about social impact.

With a £200M valuation goal and a mission to support essential services like food and shelter, Scotcoin’s next chapter could inspire a broader trend of ethical crypto projects.

Let’s dive in to learn more about project!

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🚀 Scotcoin Making Major Moves

Scotcoin, Scotland's homegrown cryptocurrency, is set to list on a major exchange in February 2025, aiming for a £200 million valuation.

Background

Established in 2013, Scotcoin transitioned to the Ethereum blockchain in 2020, adopting the ERC-20 token standard to enhance security and scalability.

Mission and Community Impact

Operating as a Community Interest Company (CIC), Scotcoin focuses on social and environmental objectives, particularly in the ethical and third sectors. The upcoming listing aims to raise funds to support partnerships offering essential goods and services, such as food, clothing, and shelter, which will accept Scotcoin as payment.

Exchange Details

While the specific exchange remains undisclosed, it is described as a "tier 1" platform with an average daily trading volume of around $3 billion, placing it among the global top 20. Scotcoin will initially be paired with Tether (USDT), the world's largest dollar-denominated stablecoin, to ensure liquidity and accessibility for traders.

Future Plans

The funds raised through the listing will be used to recruit a full-time management team and further develop an ecosystem of partner organizations that accept Scotcoin as a means of payment. The token is already held by about 6,000 individuals worldwide, including a growing number of third-sector organizations and charities.

This listing represents a significant milestone for Scotcoin, reflecting its commitment to leveraging cryptocurrency for social good and its ambition to create a more equitable world.

Stay epic,

Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.

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