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Electroneum gets its first Euro/ETN pairing at Liquid by Quoine

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Electroneum

At the end of last month, Liquid spoke in favor of Electroneum as they said ETN is a the forefront of crypto adoption. The platform also announced that ETN/Euro pair would be available by November 5th (today). Now the day has come.

Quoine is a fintech company founded in 2014 by Mario Gómez-Lozada and Mike Kayamori. Both founders had extensive experience working for the traditional financial system, especially in Japan and the United States.

Mr. Kayamori worked for 22 years as investments and business manager, IT and venture capitals in Asia and the US for institutions as prestigious as SoftBank Group (where he was a Vice President), or Globespan Capital Partners at California. Mr. Gómez-Lozada was Chief Information and head of Fixed Income IT at Credit Suisse in Asia.

Their resumes are nothing to sneer at. And they both came together to start Quoine when they realized the disruptive power that cryptocurrencies and blockchain technology can have in the world at large, but especially for the traditional financial system.

Quoine is one of the world’s leading fintech companies that provides next-generation services, exchange, trading, and other services that are powered by blockchain technology. They do this work based on the belief that all financial services will be shaped in the future by cryptocurrencies and blockchain technology. That will make financial services accessible to every person in the word.

This company is supported by a native token called QASH which is meant to make the platform very liquid. Another feature in Quoine is Liquid by Quoine which is a cutting-edge crypto platform that is exceedingly safe and, as the name should guarantee liquid. It allows you to buy/sell virtual assets using Ethereum, Bitcoin, and QASH, and now, Electroneum’s ETN.

Electroneum is a blockchain project which privileges mobility and micropayments. It’s a third generation blockchain that includes an asset called ETN which has been gathering momentum very well lately, while most of the market has been going down.

The emphasis on mobility is so strong that mining for new tokens is not done in computers but mobile phones and tablets. All you need to do is to install the mining app, run it in your phone and it will get you some ETN coins every day.

Liquid by Quoine is adopting ETN into their platform next Monday. Why is that important? It’s the first exchange that will allow you to buy ETN tokens directly, by using a fiat currency (Euro, in this particular case). It’s also important because of the credibility it brings to the token.

It’s now going to be paired (at least at Liquid) with Bitcoin and Ethereum, which means that Quoine is the first fintech firm to think that ETN is worthy of playing with the big boys in town and is acting accordingly. Last, but not least, this development will create usefulness and demand for ETN which, in turn, will drive the price up which will be great news for all the enthusiasts that have installed the ETN mining app so far.

Long story short: starting today you can use those ETN tokens that have been accumulating in your cell phone since you installed the app. How can you use them? Well, you could use them to pay for goods and services in those businesses that support the ETN currency. But those are very few still. The new option that Liquid is giving you is to sell your ETNs for Euros and send them to your bank account.

It is a huge step forward for Electroneum (ETN) regarding mass adoption, and also for Liquid in terms of future vision and user base. Keep an eye for both projects. Try and install the Electroneum app; you have nothing to lose.

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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

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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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