CoinMD Mines Genesis Block at Public Event

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CoinMD officially launched on July 29, 2017 with a gala event attended by 85 of the company’s founding members.

The guests assembled in Chattahoochee Hills, Georgia, to witness the mining of the genesis block of the CoinMD cryptocurrency (symbol CMD).

Members came to the event from as far away as Hawaii and Washington state, converging at The Hil Restaurant to observe the official starting point of the CoinMD cryptocurrency.

At 10:15 PM July 29, servers in a secure location mined the CoinMD Genesis block of 9.45 billion coins, while guests watched over a live video feed. Shortly after the event, some of the coins were distributed to an e-wallet for each of the network’s founding members.

Over the next few years, CoinMD plans to grow its membership and healthcare marketplace so the coin can be used to pay for members’ rising healthcare expenses. With healthcare rates steadily rising and national currencies steadily losing value, CoinMD looks like a viable alternative: a Bitcoin designed specifically for healthcare.

“The Genesis event was a huge success. Everything went off just as planned, and the founding members got everything they were promised,” said Tom McMurrain, CEO of CoinMD. “Even more important, they saw that CoinMD will be a company built by the members for the members.” 

The event consisted of a special VIP dinner on July 28th, a family-oriented luncheon early the next day, and the main event on the evening of the 29th at The Hil which included rewards and recognition for outstanding achievements to date.

At the Genesis event, McMurrain also established the CoinMD Member Advisory Group for the task of documenting the policies and procedures that will govern the network.

CoinMD has already…

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