The first pancake shines: the trade of the first digital currencies is stagnating Business



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Tomás de Vilna (surname known to the editorial board) had decided to be part of a kind of history: buying the first digital collectible coin, issued by the Bank of Lithuania on Thursday morning. This innovative solution was also heard in the global media, making it possible to predict that demand will be significant.

On Thursday morning, Tom transferred the money as required, the bank deducted it, but the coins were not purchased anyway. When he rushed to call the Bank of Lithuania, he only heard the music playing there, and the sales page started to tear.

Hanging page

Hanging page

“The Bank of Lithuania has promised to clarify the situation, but is still clarifying it.” 15 minutes Tom said.

A couple of hours after the start of trading, the Bank of Lithuania website is still stuck, it is probably impossible to buy coins, and buyers are informed that an error has occurred.

Business problems

Business problems

Miglė Zaleckienė, Representative of the Bank of Lithuania 15 minutes confirmed that there were technical problems.

“Coins are being sold, but some customers are experiencing some technical issues. It is a completely new technology product that has not existed in the financial market so far, so although we have tried a lot, there are also unexpected obstacles, which we are quickly solving. We apologize to all customers for the inconvenience and we ask for patience, “he said.

On Thursday, the Bank of Lithuania issued the world’s first digital collector coin, LBCOIN.

According to the central bank, this marks the beginning of a new phase in the history of numismatics, and at the same time, this project is one of the first opportunities to start considering the issue of digital money.

Blockchain technologies blockchain), the LBCOIN consists of six digital tokens and a physical collectible silver coin. Thursday at 8 p.m. tomorrow in the electronic store lbcoin.lb.lt trade will start 4 thousand. LBCOIN coins (24 thousand digital tokens and 4 thousand physical collection silver coins).

The coin is dedicated to the Independence Law of February 16, 1918 and to the twenty signatories. Each digital card represents one of the twenty signatories. Digital tokens are divided into six categories according to the areas of activity of the signatories.

By purchasing a digital collector coin, a person will receive six randomly selected digital tokens, but only by collecting six different categories of tokens will they be able to exchange them for a physical collectible silver coin.



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