What is Muniti?
We are pleased to announce the promulgation of a novel alternative cryptocurrency called Muniti. Over the past few weeks, the altcoin community has been riddled with coins proclaiming themselves as national cryptocurrencies seeking to “break the shackles” and revolutionalise their country thanks to their cryptocurrency. Muniti is also a national cryptocurrency, but with one huge difference. It is centred at molding perfectly with the current system in place and with the sole purpose of promoting and emancipating the country which it will represent.
Muniti will be the cryptocurrency of Malta, a small island situated in Southern Europe and which is a fully-fledged member of the EU. Known for its marvellous climate, crystal-clear beaches and historic past, Malta is a very popular destination with tourists, especially from the UK and Italy. Lately, more and more tourists are visting from non-EU countries, such as the USA, Canada and China, but the main barrier is and will remain there – exchanging one’s own currency. The integration of the Euro has increased Malta’s influx of tourists from the EU, but this change was not as pronounced when it came to non-EU citizens. This is a huge pity as Malta is also a popular hub for people seeking to learn and improve on their English in our dedicated English-teaching schools, as the English language is a national language in Malta along with Maltese.
- Name: Muniti
- Abbreviation: MUN
- Algo: X11
- Block reward: 39 coins per block, reducing 1% every two weeks with compound
- Block generation: 1.5 minutes
- Difficulty retarget: Kimoto Gravity Well (KGW)
- 76000000 total coins to be issued
- Coins reserved for premine: 32%
- D2D method of distribution (door-to-door)