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Here is why you can be positive about the growth of EOS

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EOS

Every crypto believer loves when expectations are met. It goes without a say that the cryptocurrency investors and traders, all the time, look forward to new developments that the blockchain technology offers.

In that regard, a few days ago the traders and investors of EOS coin got their expectations hit on when the EOS development team released the EOSIO 3.0 version on Github. One of the most notable EOSIO 3.0 features is its improved potential for scaling, which is believed to facilitate the future changes having to worry about hard forks unlike the case with most of the networks.

If we recall, EOSIO Dawn 2.0 version was released at the end of last year. All of these releases are done anticipating for the EOSIO 1.0 version likely to go down in June 2018.

What does this mean for this crypto?

Ideally, whenever there is smoke fire won’t be absent. That means investors are confident that this year (and in many years to come) EOS has a brighter future.

Take a look at the coin’s previous market performance, and its growth is evident undoubtedly. For instance, towards the end of last year, the coin priced at $0.84 and two months later (and a bit more) it traded at $18.16 – about 2000% increment.

It hasn’t been able to maintain at that price level simply because of the recent understandable cryptocurrency fiasco. However, EOS has settled above $4 comfortably in the last month, and currently, it is trading at $8.40. In fact, the coin saw a whopping 40% increase in its price yesterday (Wednesday, 10 April 2018), which made it reach the $8.40 mark!

Later, in May this year, other platforms including Ethereum and TROM Mainnet to be released will more likely bow to EOSIO Dawn 3.0. As far as the crypto market is concerned, June will definitely be platform showdown month.

As like in case of anything else of the planet, the value of EOS coin is linked directly to the number of individuals turning to it. As per now, most individuals are rooting for this EOS’s project (EOSIO 3.0). In fact, the EOSIO 3.0 chat group has hit more than 43,000 active members with a similar number of supporters on Reddit cheering for the coin. Similarly, more than 131,000 Twitter users as well are following the project closely.

The meaning is therefore that…

EOS has a large community that makes it rank among the fastest-growing currencies in the present market. It is without a doubt that the kind of support the coin has means a brighter future.

You just have to remain confident as far as everything is maintained and goes as planned. All is looking positive and no fears just yet.

We will be updating our subscribers as soon as we know more. For the latest on EOS, sign up for our free newsletter!

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 Thomas Hawk via Flickr

Altcoins

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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Altcoins

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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Altcoins

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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