SATOSHI CITY (CWR) - The crowdsourced Steem-powered space elevator is undergoing final testing before its planning opening to the general public on New Year’s Day. Project Manager Piroska Kovács confirmed that 36 funicularships, each carrying 1,700 passengers, will leave from Satoshi City every day for at least the first two months of operation. Kovács also said that after that testing period, they’d switch over to the Phase Two schedule of 90 funicularships per day.
Also today, plans were announced to convert the former site of the United States Federal Reserve Bank headquarters into a 900-meters tall vertical farm for the Potomac Valley Cannabis Growers Cooperative. President Anita Hill signed off on the sale of the site in one of her last official acts before resigning office in the wake of the HillCoin forking scandal that’s dogged her administration for the past 18 months.
In other news, the Total Crypto Market Index (TCMI) fell yesterday to 4.23 quadrillion OldDollars, down 1.27% in heavy trading. Market analysts suggested a variety of causes for yesterday’s bearish mood, but the most common cause mentioned was that traders thought that Steem’s market capitalization of 347 trillion OldDollars was due for a correction.