Blogs
W3Coins (W3C): The Multi-Dimensional Crypto Solution for All Industries
W3coins proposes a comprehensive cryptocurrency ecosystem that aims to challenge the dominant status of bitcoin. Just like bitcoin, W3coins is a functional digital currency offering technological advantages over fiat money and the traditional financial system. However, it goes beyond the ordinary cryptocurrency in the sense that it offers opportunities for trading within its platform, a payment card to use at merchant outlets, a P2P exchange system, remittance services, merchant services and also a loyalty reward program.
The W3Coin Market Offering
W3coins is an ethereum-based currency that adheres to the ERC-20 standard and has a maximum supply of 200 billion coins that are generated using a mining process. But unlike the host of other platforms that meet similar standards, this one takes a holistic approach to its e-commerce model. It combines three major offerings in this model including the coin, a payment gateway, and an exchange.
This combination of factors is a major propelling factor for widespread adoption, high coin value and a financially viable opportunity for its Independent Marketing Partners (IMP) program. The IMP opportunity is a prominent feature of this marketplace and it allows for income and wealth creation without the need for an upfront investment.
From Income Generation to Token Value Increase
IMPs generate income on the platform by introducing new merchants into the network. W3coins has partnered with Xceltrip to create an extensive network comprised of more than 140,000 potential marketers to function as IMPs. This huge number of partners implies an even bigger number of potential merchants joining the system.
Every individual IMP earns continuous revenue which is a percentage of the value of all sales generated through their merchant networks. This ongoing revenue model that requires no upfront investment is aimed at creating popularity for the platform and with such popularity, the value of the underlying token is bound to increase.
The system also envisions a consistent increase in use cases and real market applications for the platform. This will keep W3coin holders in active trade and further legitimize the coin. The commerce exchange option is another opportunity to increase this value. The coin is expected to start trading against other cryptos as well as fiat currencies.
Standing Out in a Sea of Cryptocurrencies
It might seem rather ambitious to want to displace the reigning champion of all cryptocurrencies, bitcoin. But this is far from impossible as in many cases, digital currencies have a single-minded approach to addressing market challenges.
What sets W3coins apart from all others is the fact that it offers the entire spectrum of benefits that crypto users would like to see. Its end-to-end ecosystem brings about the benefits of digital currencies and the blockchain as a whole to every possible industry.
Moreover, it presents this comprehensive array of tools in an unbeatable package that offers less than five seconds for transaction settlements, massive scalability allowing for thousands of transactions every second and a feeless transaction model for service providers and market makers on the platform.
It has been said that blockchain technology is the future of financial systems. W3coins seeks to leverage the technology’s innovative approach so as to improve on this and other market sectors to turn that fantasy into a reality.
We will be updating our subscribers as soon as we know more. For the latest on W3C, sign up below!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.
Image courtesy of coinmarketcap.com
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
Altcoins
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has…
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