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Here Is How Verge (XVG) is Leading The Charge in Crypto Adoption

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The famous pizza purchase of 2010 that was worth 10,000 Bitcoin (BTC) will go down in history as the first time cryptocurrencies were used for a major purchase. Some crypto-traders view it as the most expensive pizza but others view it a necessary step forward towards the mainstream adoption of cryptocurrencies for the use in purchasing goods and service.

So How is the Verge (XVG) Currency Leading the way in crypto adoption?

The most notable merchant that many crypto-enthusiasts know that accepts Verge (XVG) is Pornhub. Users can now use XVG to pay for their subscriptions discretely using the privacy setting on the XVG ledger. Given the fact that the adult film industry is worth a whopping $92 Billion (according to 2017 data), you can now start to see how XVG is leading the way in crypto adoption.

Following the Pornhub announcement that it will be accepting XVG, TrafficJunky followed suit and also announced that they will be accepting XVG. TrafficJunky is the largest adult industry advertising service that helps its clients advertise on sites such as Pornhub. The latter receives up to 90 Million unique visitors per day.

More merchants and vendors accepting XVG

Browsing the Verge Currency website, we find a list of 111 businesses that accept XVG as a form of payment. This is an impressive figure. Some of the vendors expressed their views as to why they chose Verge as an acceptable form of payment at their businesses.

Jeremiah Selander, CEO of Baby Bass, had this to say about why they chose to accept XVG:

“Some of the products we sell have a low margin. Accepting Verge over regular credit cards helps improve that margin for some of those orders.”

Similar sentiments were expressed by Joel Schuberg of Blunt Umbrellas: a business that also accepts XVG:

“Accepting crypto as a payment option was a no-brainer. we wanted to partner with a cryptocurrency that had a strong community, solid history, and an exciting future. That was Verge.”

The near instant settlement of XVG was praised by John Hanby of Fractal VIsuals that also accept Verge Currency:

“Incorporating faster payment technologies like Verge, which offers ultra-low processing fees and near instant transaction speeds, allows us to further increase the speed at which our company is able to process payments”

In conclusion, it is self-evident that the Verge (XVG) is making major strides that will lead to the mainstream adoption of not only XVG but all cryptocurrencies in general. One hundred and eleven merchants accepting XVG is a praiseworthy achievement.

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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

Here’s Why This Coin Still Has Wings (WINGS)

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WINGS, a decentralized crowdfunding platform based on the Ethereum blockchain, has had a great run over the past two months. Culminating in a peak of US $.23 just a few days ago, the currency behind the product has more than doubled since it’s lows of early September.

Despite the slight downturn WINGS is currently experiencing, this crypto-favorite may not be done running up the green candles on your favorite exchange just yet. A small drop like we had today was actually expected and could be considered healthy by long-term investors. These dips are also appreciated by those of us waiting to get in on a project we feel has real potential. WINGS has shown us that potential and is now presenting a great buying opportunity for speculators and traders looking for the next wave of support to lift this coin into the stratosphere.

What is WINGS?
WINGS was created to nurture project proposals via the Decentralized Autonomous Organization (DAO) model. Using blockchain networks and smart contracts, the platform allows the WINGS community to promote proposals with the greatest chance of positive returns. WINGS, in essence, is a decentralized forecasting ecosystem, where token holders are given an incentive to make choices concerning projects on the platform.

The DAO is a popular concept for crypto-projects that want to remain entirely on the web. Using the peer-to-peer technology of blockchain and smart contracts to enforce the rules of participation is…

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6 Blockchain Predictions For 2019

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As 2018 moves closer towards its end, investors, developers, and tech enthusiasts are starting to turn their gaze towards the future. 2019 is less than two months away, and it promises new breakthroughs and large changes. This is especially true when it comes to blockchain technology.

While 2018 was an important year for this technology’s development, many are wondering what awaits us in the near future. Because of this, we have created a list of 6 predictions regarding the blockchain, as well as what might happen to it in 2019. Let’s begin.

1. Search for new and better business use cases

Blockchain technology is wrongly seen by many as a magical way to resolve all issues that we struggle with today. However, while it is true that blockchain can help with a lot of them, there are still numerous other problems that are better suited to be solved by alternative technologies. Robotics, AI, and similar technologies are not to be discarded in blind faith in the blockchain.

Researchers and developers have recognized this, which is why 2019 will be dedicated to finding specific use cases for blockchain technology. Blockchain will be used in situations where it can have the strongest positive impact. In other words, the goal is not to find places where this tech can fit, but to find places where it is the best fit.

2. Fixing blockchain industry’s image

For a lot of people, blockchain…

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TRON DEX Goes Crazy, TRX Founder Asks For More Projects

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Less than a week ago, TRON (TRX) community uncovered a new DEX (decentralized exchange) on Tronscan.org. Since TRON community is among the strongest and most supportive communities to ever support a coin, trading activity on this DEX quickly skyrocketed.

So much so, in fact, that TRON’s founder, Justin Sun, felt that he should share this fact on his Twitter account.

TRON DEX sees massive growth in activity

Since Sun shares a lot of traits with TRX community, such as tirelessness and fascination with this project, he was quick to urge the community to come up with additional tokens and projects.

While Sun’s statement that the activity on the DEX is “going crazy” is pretty accurate, many do not realize just how accurate this is. It should be pointed out that the number of tokens on the exchange was 3 on November 10th, when the DEX was originally uncovered. Today, on November 13th, the number of available tokens has doubled.

In addition, 4 out of 6 trading pairs offered on the exchange have experienced significant gains, with the remaining two experiencing only slight drops. The growth was experienced by Dice/TRX (146%), TronWatchMarket/TRX (8.27%), WIN/TRX (89%), and SEED/TRX (1.73%). The drop was experienced…

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