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Cardano (ADA) to make BTC and ETH Bite the Dust, Claims Charles Hoskinson

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Cardano

Cardano (ADA) has seen a lot of positive development recently, with many new partnerships and beneficial contracts being signed around the globe. It was enlisted on Bittrex exchange, and it plans to expand its business to Africa and South America, in addition to entering an agreement with EMURGO, which will make it a valid payment option on Metaps Plus.

ADA’s new partnerships

Cardano’s (ADA) recent actions have gained a lot of potential for this cryptocurrency, and its founder, Charles Hoskinson, expects that ADA will advance even more.

Recently, a Japan-based venture capital EMURGO, which was founded back in 2017, has announced that ADA will be used as a payment option on Metaps Plus. This is the biggest name when it comes to South Korea’s mobile payment platforms. This will be the first time that a crypto is integrated into such a platform, and such an act is expected to significantly increase Cardano’s value. In fact, the crypto is expected to reach the value of $1 as soon as it officially becomes a part of the platform.

EMURGO’s statement said that this will be the company that will help ADA enter Metaps Plus platform.

So far, Cardano has been mostly concentrating on the development of its technology. It would seem that it is finally ready to take real action, and its founder, Charles Hoskinson, is convinced that this crypto can beat even BTC and ETH within a year or less.

Another big milestone for this crypto includes its listing on Bittrex, a large exchange which is expected to increase ADA’s trading volumes even further.

All of these developments have made the coin very popular, and various steps have been taken that will make ADA the token used by more than 33,000 franchise stores. Of course, all of these stores will be the ones partnered with Metaps Plus, but this still brings a lot of potential to this crypto. Through the Metaps Plus’ connections and partnerships, ADA will expand its influence rapidly.

Cardano expands and improves

Hoskinson is also planning additional security for this crypto, which will ensure that all of the investments are properly protected. The additional security will also include a certain amount of education for the system’s users via podcasts, meet-ups, as well as publications. It is expected that the breaches will be largely reduced once the users know how to properly use Cardano’s Daedalus.

Cardano is also planning to expand to other continents, including Africa and South America.  Just last week, the Memorandum of Understanding was signed between Cardano and Ethiopian Ministry of Science and Technology. This document will promote the blockchain tech in Ethiopia, as well as the rest of the African continent. Another part of the MoU includes the training of the blockchain developers from this country.

It would seem that ADA is on a serious rise, and Hoskinson’s claims may come to pass sooner than anyone has thought possible. The coin has even increased its position on the market and has managed to climb to the seventh position. The goal of cryptos is to change the world, and Cardano definitely seems to be doing its best to add to achieve this goal.

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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.

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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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…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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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…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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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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