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Cheesecoin is a cryptocurrency optimised for use in the cheese industry. It was launched in 2018 by a consortium of cheese merchants, entrepreneurs and blockchain experts, who sought to create a digital currency specifically tailored to the needs of the cheese industry.
Cheesecoin is a deflationary cryptocurrency, meaning that it is designed to increase in value over time as its supply decreases. This makes it attractive to investors, as well as cheese producers, distributors and retailers, who can use it to facilitate transactions and conduct business. The coin is designed to be used as a medium of exchange to buy and sell cheese, as well as to pay for services related to the cheese industry. The coin is also used to reward those who contribute to the development of the cheese industry. Cheesecoin is one of the first cryptocurrencies to be specifically tailored to a specific industry, and has been gaining traction in the cheese industry since its launch.