11 projects were approved by Stacks Ventures to increase the appeal of CityCoins to global mayors that want to leverage a digital asset in order to get rewards and boost their economies.

Stacks Ventures, a $4 Million incubator that supports projects related to the Stacks layer-2 smart contracts solution (STX), is located in New York City. CityCoins, a partnership that allows partnered cities to launch their own tokens on Stacks. New York City was the first city to sign up with MiamiCoin.