The Scotcoin Project (TSP) is pleased to announce today that the Intellectual Property and all economic rights relating to Scotcoin have been bought from Scotcoin founder and first mover Derek Nisbet. The rights have been bought by Scottish businessmen Temple Melville and David Low for an undisclosed sum. The package consists of all rights to the name, use, trademarks and domain names relating to Scotcoin and The Scotcoin Project.
TSP has been granted the rights to develop Scotcoin as the cryptocurrency for Scotland and will be unveiling a number of initiatives over the next twelve months designed to increase the understanding, acceptability and usage of Scotcoin as a store of value and means of payment for an increasing range of goods and services.
Project Director Willie Fleming said “Today marks an important step in the evolution of Scotcoin. We are profoundly grateful to Derek Nisbet and applaud his vision. Now it is our job to carry on the work of making Scotcoin a viable alternative to sterling and educating Scots and the wider world about the advantages of strong cryptography, the blockchain and specifically Scotcoin. The Brexit vote underlines how important cryptocurrencies now are and how essential that we in Scotland have our very own – Scotcoin – to fall back on in times of uncertainty.”
Scotcoin is Scotland’s own cryptocurrency, freely tradeable and useable worldwide, securely sitting on the Bitcoin Blockchain.
About the Scotcoin Project
The Scotcoin Project is an educational organisation that has applied for Community Interest Company status. It is dedicated to informing and educating the Scottish people and their friends about the Blockchain and cryptocurrencies. Its mission is to promote and assist with the creation of additional economic activity within Scotland through the use of Scotcoin as the nation’s cryptocurrency.
For further information contact Willie Fleming on 07494540764 or email [email protected]