Blogs

Exploring Game.com (GTC) Sudden Rise to Fame

Published

6 years ago

April 24, 2018

Kaustav

The Cryptocurrency market is a very unpredictable and volatile space, where an excess of over 1600 active cryptocurrencies trade on the market on a daily basis. The size of the Cryptocurrency market has increased exponentially since 2016, both in terms of market cap as well as a number of tokens operating. Hence, it is no surprise to find newer projects emerging and experiencing short-term gains for a variety of factors. One such coin that has seen a massive rise in value over the last week is Game.com and its GTC Token.

A little About Game.Com

A relative newcomer in the field, Game.com completed its ICO in 11^th October 2017, with a total fixed supply of 2,000,000,000 tokens and a circulating supply of 588.5285.290 GTC tokens. At the time of writing, Game.com is ranked 102^nd, with a formidable market cap of $163,005,738 USD and a current value of $0.276892 USD as of 23/04/2018.

The team behind Game.com is based in Beijing, with additional offices around the country like Taipei, Hong Kong, Seoul, Tokyo, Kuala Lumpur and San Mateo. Game.com vision is simple, as it intends to become the “go-to” virtual currency of the entire global gaming industry and to address a lot of the plaguing issues found in existing game currency systems. For instance, the major problem they aim to address is the wastage of a player’s accumulated assets once a particular game is completed or a player wants to start afresh. Game.com GTC tokens will allow players to trade and liquidate assets as per requirements. This will also allow GTC tokens to be transferred from one game to another, eliminating the wastage of unused assets and currencies in a particular gaming landscape. The Game.com development team have also announced plans for a ”Candy G” event, where token holders will be rewarded a total of one billion coins for achieving any one of 3 pre-determined milestones.

Game.com’s Current Market Scenario

Considering the relative infancy of the project as compared to other projects, Game.com has performed quite well on the market since its entry in early January. In fact, the currency saw a massive growth in value, jumping straight from a high of $0.1981125 USD on January 3^rd to a staggering high of $0.354157 USD on January 8^th. The Cryptocurrency has since experienced a sharp decline in the following months, mainly due to the overall slump of the global cryptocurrency market. It reached a record low of $ 0.074506 at the height of the decline, which is still comparatively better for a project in its infancy. However, last week saw a dramatic climb in GTC token’s value, rising straight from a high of $ 0.054955 at the start of the week (April 16^th) to a high of $0.160539 on April 20^th, registering a growth in excess of 200% over the last week. As of April 22^nd (14:00 ET), Game.com traded up to 543.1% against the dollar from the start of the week, with a monumental volume of approximately $234.29 Million being traded in the previous 24 hours on global exchanges.

Closing Thoughts:

The future is indeed looking bright for Game.com, as they look to establish their name in the gaming industry by applying the famed “blockchain” technology. As newer use cases for blockchain technology begin to emerge, it is only a matter of time till investors understand the potential this project has. With a growing number of Crypto-exchanges having already listed the token including the likes of Gate.io, OkEx, Cobinhood, and Bibox, Game.com tokens can be traded with Ethereum as well as Bitcoin pairs. The Development team has also announced plans to expand to the major cryptocurrency exchanges like Binance, Bittrex, and Bithumb to further encourage mass adoption of the token. Thus the Game.com project looks to be a healthy, long-term approach to establish a blockchain use case with a proper community backing in today’s world.

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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 Alexander Mueller via Flickr

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

Published

3 years ago

January 25, 2021

chainwire

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…

Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

Published

3 years ago

December 31, 2020

Paul Wilson

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…

Altcoins

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

Published

3 years ago

December 24, 2020

chainwire

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…