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Mastercoin is a digital currency, launched in July 2013. Rather than operating independently, Mastercoin is "built on top of the Bitcoin 'rails'".[1] By February 2014, it had become the seventh largest digital currency, with a market cap of approximately $38 million.[1]

In February 2014, Mastercoin held an "open call" for projects totaling $30 million in exchange for part of the 150,000 that were scheduled to be released.[1]

Additional Resources


  1. 1.0 1.1 1.2 BitBeat: Bitcoin Exchanges Finally Getting Some Relief by Paul Vigna (February 14, 2014), The Wall Street Journal