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Electroneum (ETN) investors can have a broad smile on their face

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Electroneum

The time of thinking is over – time for action. Only a smartphone is required. Electroneum (ETN) coin is the way to introduce yourself to crypto-space if you’re still on the fiat side. The form of owning the coin is no hassle, and for that reason, it has experienced a good run in price as well as growth in the market cap.

The hike in the ETN price is probably there to stay and may move further up contrary to the expectations of many. Perhaps, many think it’s just seeking the attention, but the coin has shown incredible potential of standing out and taking the best position in the decentralized payment systems.

Currently, there is every reason to believe the Electroneum sooner or later will go head to head with the likes of Apple Pay and PayPal. One thing is for sure, if it wins, its intrinsic value will be at the sky, without a doubt.

The Electroneum (ETN) Partnerships are Real Help

It’s understood that the moment any project hits the headlines, a lot gets done before that – behind the curtains to achieve that milestone. Similarly, the ETN team has done an excellent job considering the fact that it has increased in value by more than 13% in total, within the last 14 days.

In January they partnered with XIUS, mega soft telecommunication for global payments, which has given Electroneum (ETN) substantial visibility to over 65million subscribers. XIUS employs mobile power stumping its presence in six continents and ETN is using that advantage to grow. With XIUS monthly transactions worth of $1billion, the partnership with Electroneum is a milestone worth applauding.

Further, the coin is enjoying the visibility of a firm reselling financial as well as communication services via value addition – Unified Media. This partnership will undoubtedly help ETN visibility to hit their global audience of 130 million.

As the audience alongside the ease to get the hands onto coin increase, the chances of mass adoption will increase – and hence, raising the price value as well as the market cap of crypto. Another partnership with Effortel, a virtual market network that combines more than six mobile operators is also a boost for ETN.

The Reason Behind the Electroneum Price Surge

The adoption of cryptocurrencies has some hindrances, one of the major ones is the lack of KYC functionalities. The reason is simple. The world we’re living in is a dangerous one with issues of terrorism financing a critical threat to security hence mainstream institutions remaining cautious with the cryptocurrencies not risking being on the negative side of the law.

Therefore, when any crypto adds KYC, it puts its foot forward to mass adoption. This provides personalized services which discern the user. Also, it’s compliant with the crypto-sphere regulations hence increasing trust as well as the confidence of the investors and adopters.

It’s more partnerships with existing systems and with the rising mobile and internet penetration that has helped Electroneum (ETN) to reach many folks who mine the coin with ease now (and confidence). Besides, they have started campaigns for a mass adoption through awareness, and hence, it’s just a matter of time before ETN puts a broad smile on the faces of the investors (the cryptocurrency has started doing that already).

The coin is trading well at $0.0226 gaining 3.23% versus the dollar in the last 24 hours, and with all the efforts behind it, Electroneum price could touch the sky (sooner than many out there might be thinking currently). Will it win against Apple Pay or PayPal? Only time will tell. However, one thing is for sure; the future is quite bright for ETN investors.

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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 Free-Photos/Pixabay

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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.

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

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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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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 been…

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