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Charles Hoskinson Reveals Big Plans for Cardano (ADA)




A recent session with EMURGO, Cardano’s incubator for blockchain startups, has allowed ADA’s co-founder to reveal big plans for the coin’s future. Charles Hoskinson stated that he hopes to see Cardano become the first trillion dollar crypto.

Hoskinson hopes ADA will become a trillion dollar economy

Charles Hoskinson, the co-founder of Cardano (ADA) and Ethereum (ETH) before that, has always been known for ambitious plans and statements. He continues to shock the crypto community with various claims, like when he said that Wall Street will bring trillions of dollars to cryptocurrencies. His crypto enthusiasm is also apparent in a statement that cryptos are the greatest invention within the previous 500-1000 years.

Now, Hoskinson has expressed his hope to see Cardano (ADA) become the first trillion dollar crypto. His reasons for stating this is his hope that this would prove that Cardano is a self-sustainable economy. He also mentioned that ADA’s goal is to change how people use cryptos. Instead of ADA tokens being sold and cashed in as soon as the price goes up like they do with Bitcoin, Hoskinson hopes that users would hold on to their coins and get the opportunity to use them in the real world.

Widespread adoption of ADA would allow people to use  Cardano coins to pay in restaurants, shops, and everywhere else. Hoskinson stated that he would love for this to happen, and to provide everyone in the world with fair rules, and equal opportunities.

Hoskinson also has a vision for EMURGO

After this, Hoskinson changed the subject to EMURGO, which is the part of Cardano that is in charge of supporting, developing, as well as incubating various commercial ventures that wish to use ADA’s ecosystem. At this part of the speech, Hoskinson said that he hopes that the firms might become a thought-leader. This would allow them to offer services for both, the companies, as well as for smart contracts. Of course, a large part of their philosophy would be addressing and possibly solving the biggest and deepest issues regarding decentralization.

It is his hope that EMURGO would be capable of solving various problems in the world, including fraud, abuse, corruption, and alike. If this proves to be possible, EMURGO would continue improving the world around us by starting a ‘Me Too’ movement.

Finally, he stated that he wishes for EMURGO to become an ecosystem’s leader, and to take it to new great ventures worthy of investments. That way, new entrepreneurs are expected to appear and continue investing in worthwhile projects.

Cardano’s community seems to be very supportive of Hoskinson’s plans and visions, and many have responded positively to his plans on various social platforms, including YouTube, Reddit, Twitter, and alike.

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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), 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 ( ), 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.

NFTs are already being actively traded in markets globally. For…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



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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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 ( 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 been…

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