Lithuanian Bank Announced Launch of Digital Collector Coin

[S.coastapps]

As indicated by a declaration on December 9, 2019, the Bank of Lithuania has reported that it will release a digital, blockchain-based collector coin in the spring of 2020. They have chosen to call it LBCoin and the coin’s assumed worth will be € 19.18. This is on the grounds that it is being launched on occasion of the anniversary of Lithuania’s freedom on 16 February 1918. Its size and structure will take after a Mastercard, as per the official statement.

The coin is a tribute to the Act of Independence of Lithuania on Feb. 16, 1918, and its 20 signatories. Marius Jurgilas, Member of the Board of the Bank of Lithuania says that this coin will highlight the signatories because of their commitment to the rebuilding of their autonomy. Huge numbers of them were innovators themselves some time ago as they improved and carried progress to Lithuania.

Source: TheCoinRepublic

[Alcor]

Something I don’t understand what kind of digital collectible coin it will be. Typically, such coins are issued with a certain image, which is dedicated to some anniversary or event. And how can a collectible digital coin be? How does it differ from conventional digital currency? Yes, and for the first time I hear the term "collectible digital coin."
Well, cryptocurrency is developing very quickly and many interesting events await us.

[Istiak]

What is a collectible digital coin? They have announced it yet how they are going to operate it? how they are going to sell or distribute it?

[Noverteno]

A collection coin usually means that such a coin does not have the main purpose of walking as a means of payment, but is issued in order to settle in private collections. How can I collect digital currency? How and to whom to show it? We are already almost all compelled to collect useless tokens. Will it be another one?

[Andruha1993]

For me personally, this news is very interesting. This will be good for the whole cryptocurrency as a whole. Therefore, such news favorably affects the crypto community. The main thing is that they all succeed.