Spanish LGBT-related token MariCoin (MCOIN) has responded to the community following skepticism around the project\u2019s concept and goals.<\/p>\n
Some had even criticized the project for its name, which played on a homophobic slur in Spanish. But according to key people in the project, they have simply misunderstood.\u00a0<\/p>\n
MariCoin CEO Francisco Alvarez told Cointelegraph that the project\u2019s name is about \u201cturning an insult into a fortress,\u201d referring to peculiarities of tackling homophobic language as the very word word \u201cgay\u201d is still being used as an insult in some communities.<\/p>\n
\u201cIn Spain it is very common for members of the gay community to call themselves \u2018Maric\u00f3n,\u2019 so Juan, an active member of the community, thought MariCoin was a fantastic name for a cryptocurrency that would unite the whole community,\u201d Alvarez said.<\/p>\n
The CEO noted that the MariCoin project has \u201cfound a generalized acceptance\u201d of over 90% in other Spanish-speaking countries like Argentina, Venezuela, Cuba, Mexico, Uruguay, Ecuador, and others. \u201cAlthough we must work on that other 10% that does not share our vision,\u201d he noted.<\/p>\n
According to MariCoin co-founder and president Juan Belmonte, the project expects to list its Algorand-based token on crypto exchanges supporting the Algorand blockchain on Jan. 31.<\/p>\n
\u201cWe have been in talks since September 2021, as we have announced, to list on Binance. Our CTO is working on the white paper and we will have the first version ready next week,\u201d Belmonte told Cointelegraph.<\/p>\n
He also noted that MariCoin has closed their waiting list at 10,000 \u201cMaricoiners,\u201d as committed in their roadmap. \u201cDue to the avalanche of mails, we have had to open a second list to reserve the coin at the starting price of\u00a0$0.025, starting next January 31,\u201d the executive added. Some people in the community previously were skeptical about MariCoin\u2019s waiting list for investing via Google Forms.<\/p>\n