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Revolutionary GShare App Will Lead To Global Adoption Of MobileGo (MGO) Tokens

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Although many crypto traders have suffered tremendous losses in 2018, there are still reasons to be optimistic about the future.  There have been many readers suggesting that we are in the midst of an altcoin apocalypse.  It’s very possible that many coins won’t survive this downturn.  Traders should be spending a lot of their time researching to identify the most promising projects for 2019 and beyond.  One token that appears to be gaining steam is MobileGo (MGO).  The development of the GShare application will be the primary driver for global adoption of the MGO token.

GShare Application

MobileGo’s team recently developed GShare; an application capable of increasing MGO token adoption. GShare allows users to earn virtual currency by renting a computer’s power.  So, in a way, using GShare is fairly similar to cryptocurrency mining.  Within the platform, users will be able to control computer resource utilization.  While the application is still in public beta testing, users will only be able to earn virtual coins for purchases within Xsolla products.  But, in the future, the GShare team expects significantly more redemption opportunities.

The app is focused on attracting gamers so that they can obtain free items.  Once gamers earn the virtual currency, it can be exchanged for different items such as tournament entrance fees, games, in-game purchases, and much more.

GShare Gold is the name of the virtual currency that can be earned by gamers.  This virtual currency can be used as a participation fee on GShare’s competitive platform.  After winning a tournament, gamers can then opt to receive their prizes in GShare Gold or MGO tokens.  This will certainly be a prime opportunity for mainstream adoption of the MGO token.

Advantages of GShare

The GShare application has several advantages which will certainly go a long way toward increasing adoption of MGO tokens.  Those advantages include:

  • Simplicity
  • Virtual Currency Offers Many Redemption Opportunities

The team was very cognizant of the fact that simplicity would be a big factor in attracting many users.  Both the earning application and the competitive platform will use the same username and password.  In an age when consumers are inundated with random usernames and passwords for all their different devices and websites, being able to access both the app and the platform from a single user profile will prove extremely beneficial.

In addition to the simplicity being offered, the many different uses for the virtual currency will prove attractive.

Lack of Competition

There are other platforms that exist in the market which allow users to earn virtual currencies and buy items such as games and computer equipment.  The problem is the great difficulty and time commitment necessary to earn products as simple as a computer mouse.  The earning rate is so little on some platforms that gamers could spend up to 12 months trying to earn enough currency to purchase a little item such as a computer mouse or printer.  It simply doesn’t make sense to spend that much effort to come away with such an inconsequential product.

GShare will transform this industry and likely cause many dissatisfied gamers from other platforms to come join one of the fastest growing gaming platforms in the world.

Growth of the Gaming Industry

There are instances when projects have the right vision but are simply too early or too late to really take advantage of it.  Fortunately, in the case of MobileGo and GShare, their timing is just right.  Newzoo, a well-known market researcher, is estimating the global gaming market to grow from $137.9 billion in 2018 to over $180.1 billion by the year 2021.

That type of growth will lead to more gamers entering the market.  And as GShare continues to develop and enhance their application, new users will likely be joining in droves.  The famous line from Field of Dreams sums up the situation well: “If you build it, they will come.”  Yes, gamers will definitely come.

Conclusion

GShare continues to make inroads in an industry that is in need of change.  The built-in advantages of the platform, the Xsolla partnership, and the industry’s predicted growth all lead to an avalanche of positive developments.  As global recognition of MobileGo and GShare increases, MGO tokens have the potential to be synonymous with gaming.

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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

Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Why Tron (TRX) Price Won’t Remain Low for Long

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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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Altcoins

3 Cryptocurrencies Most Likely to Follow Bitcoin’s Performance

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For more than a year, the cryptocurrency market has been dominated by bearish influence, with most coins seeing constant drops, or stagnation, at best. This all changed in the past few months, starting with Bitcoin which once again started leading the market up, bringing one minor rally after another.

BTC itself experienced massive losses in 2018, with its price going down by around 84%. Most other coins among the top 10 mirrored its performance, and some of them experienced even greater losses. However, now that Bitcoin sees gains again, these cryptocurrencies are still following its example, and many of them have seen massive breakouts. Some of the more notable altcoins that followed Bitcoin’s recent example are Ethereum (ETH), Stellar (XLM), and Cardano (ADA).

Ethereum performance mirroring Bitcoin’s price

As mentioned, Bitcoin led every rally so far, but before it did, its price first went through what is known as an ascending triangle pattern. The pattern held for around five months, which is exceptionally long for the crypto world. However, once the pattern was finally broken — the coin’s price skyrocketed, more than doubling itself within only two months.

One thing to note is that Ethereum performed in pretty much the same fashion. After five months of struggle and confusion for investors, the second largest cryptocurrency also managed to break the pattern and skyrocket as well. It…

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