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After Making a Deal with MindGeek, Verge (XVG) Now Wants Spotify too

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Crypto enthusiasts only had a week to adjust to Verge’s recent victory involving the adoption of cryptos, when Verge (XVG) decided that they are still not done with their business deals. Another collaboration may be entered quite soon.

It has been a week since Verge managed to enter the partnership with MindGeek, which was considered to be one of the greatest victories for cryptos to date. However, this currency is not showing any signs of stopping when it comes to achieving what was seen as nearly impossible only a few years ago. They are now considering making the next historic deal, and this time, the aim is set at the music streaming giant – Spotify.

Verge wants Spotify

Verge core member which is in charge of recruitment and social media, Cees Van Dam, has decided to call out to XVG’s community. Van Dam wanted the VergeFam to add their support to a campaign that has a goal of getting Spotify to adopt cryptos as well.

He posted a tweet in which he asked XVG’s followers to give their thoughts and vote on a new proposal that would demand that Spotify makes a formal evaluation of Verge cryptocurrency. The goal of this act is to determine whether XVG is good enough to be added to this music streaming platform.

The tweet received a lot of support and attention and was retweeted and favorited several hundreds of times.

A Verge volunteer that goes by “Dan” is the one responsible for this suggestion. He pointed out to Spotify that partnership between Verge and MindGeek was a “monumental accomplishment”. He also called the potential partnership with Spotify “a huge business opportunity”.

Another thing that Dan informed Spotify of is the fact that any positive outcome regarding the proposal would be supported by Verge’s enormous community. The community itself is constantly searching the Internet in search of new resources, all for the purpose of letting the consumers take full advantage of every new partnership.

The idea of partnership gains popularity

There is a great chance that Spotify will see the potential that this offer carries. The suggestion proposed by Dan is one of the highest ranking ideas on Spotify’s page called “Top Ideas“. Whether the company chooses to act on this idea or not, they will definitely at least see it.

VergeFam’s members seem to be extremely encouraged by Verge’s recent successes, and it would seem that they have even developed a habit of finding the new potential partners for Verge. Not only that, but the members themselves choose to take the first step when it comes to approaching the companies that might make a good match.

There were many suggestions that appeared recently, and some of the most important ones include Tinder, as well as Stripe. The wish list also treats Netflix as one of the most desired potential partners, but whether one or more of these companies will be interested still remains to be seen.

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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 and read our full disclaimer.

Image courtesy of Jon Åslund via Flickr

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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