Watch out Bitcoin, move over Dogecoin - St. Louis has it's own crypto-currency and it's claiming that our city is the first. It's the exact same as Bitcoin except for a different block rate and the maximum amount of coins is 50 million higher (which is of nominal mention in the first place since each Bitcoin can be broken down over a 100 million times.)
Long story short, we have serious doubts about STLcoin catching on anytime in the near future, but many doubts were held by Bitcoin in the recent past and currently one Bitcoin is worth $958 as of today. Bitcoin still has quite the ways to go before being accepted on a global (or even national) scale as opposed to being pigeon-holed as a speculative currency that fluctuates wildly. One would assume that the precursor to STLcoin would have to stabilize before a derivative crypto-currency intended for use in a single city would catch on – although we readily acknowledge that assumptions are made to be smashed.
Check out more info on the project here and learn how it intends to benefit St. Louis.