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Home News Altcoins McDonald's MacCoins is the commemorative coin giant "coin" rumors when?

McDonald’s MacCoins is the commemorative coin giant “coin” rumors when?

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Recently, news about the release of MacCoins by McDonald’s has been constantly being screened. Under the spread of some people in the currency circle, McDonald’s began to embrace the blockchain and played with cryptocurrency. Even the exchange was online for the first time on the MacCoins contract. However, according to McDonald’s official news, MacCoins has nothing to do with cryptocurrency, it is a physical commemorative coin.

This afternoon, McDonald’s China official website officially announced the launch of MacCoin commemorative coins, MacCoin is a commemorative coin to commemorate the 50th anniversary of the Big Mac burger, a total of 5 patterns, the global circulation of 6.2 million (actually may be super Some), in which the distribution of the Chinese mainland is 1 million, the gift will be officially opened in the country on August 6th, MacCoin can be used to exchange McDonald’s Big Mac burger. At the same time, McDonald’s also announced specific ways to participate in activities.

It can be seen that McDonald’s is indeed “issuing the currency”, but this “coin” is not “the other currency”, and the concept cannot be confused. In fact, when McDonald’s first announced the MacCoin news overseas two days ago, it was already possible to determine MacCoin as a physical commemorative coin, which has nothing to do with cryptocurrency and blockchain technology. But the emergence of a smart contract called MacCoin on the Ethereum network seems to explain the problem, but it is obviously swindled by McDonald’s reputation. Moreover, not only McDonald’s, but also other well-known chain restaurants, including KFC, UBC, DICOS, and KSF, have also created smart contracts. Recently, various cottage contracts have been issued with serious problems. The situation of re-named contracts and hot contracts has occurred repeatedly and needs to be vigilant.

At present, there is a news of an international giant hair cryptocurrency, although not only the giants want to pick up the hot spot, but most of the final verification is a false news. In fact, this kind of news is not difficult to judge. First of all, from the purpose of issuing Token, the purpose of blockchain startups is often to finance, but the giant company does not have such a demand, and many countries have strict supervision on Token, the giants do not Will venture to issue Token as the parent company. Secondly, looking at the application scenario, the Token economic model is a large and complex ecosystem. Even for the giants, it will be a long-term strategy. Therefore, such news will generally be disclosed to the public. If it is not found on the official website or social accounts. When it comes to related news, it is likely to be a false news. Finally, due to the monopolistic resources and performance requirements, the blockchain projects involved in the giants use the private chain or the alliance chain almost without exception, instead of choosing the Ethereum, EOS and other public chains. Therefore, it is clear that McDonald’s is unlikely to issue ERC20 Token on Ethereum.

All in all, some media have used the blockchain thinking to interpret various related and unrelated events in order to catch up with the hotspots. It is easy to cause unnecessary misleading and make the blockchain industry look prosperous on the surface, but in reality it creates false illusions of prosperity. Not conducive to the long-term development of the industry.

This article is writing on 04 August 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: support@coinworldstory.com Or Whatsapp Us- +13098896258

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