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Is TokenPay Partnering with Verge (XVG) a Real Deal?

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The entire hype on this matter started off with the first crowdfunding hosted by Verge (XVG). As a reason for their request, the team stated via Twitter that they need the mentioned amount in order to acquire a very important partnership. It seems that the hype they have implemented into the public has done an amazing job for the team as they have managed to collect the needed amount in no time. Now, we are waiting for Verge to reveal the mystery partnership that cost investors a “puny” 75 million XVG.

Is Verge Partnering up with TokenPay a real deal?

Ever since the XVG team announced that they are starting with a very important crowdfunding that should sky-rocket XVG and help them acquire a crucial partnership, crypto enthusiasts have been off their seats due to a hype that followed the initial tweets.

The “reward” for all investors and holders who helped in collecting 75 million XVG even before the end of the campaign is said to be the revelation of the mystery partnership that the Verge team mentioned in their campaign via Twitter, which seems to be one of the most popular social networks for crypto enthusiasts.

From then on, we have all been waiting to find out the figure behind the mystery-wrapped partnership, so many people started to guess who the mystery partner could be. As the guessing was on the loose, Verge was still receiving funds within their crowdfunding campaign as investors kept on pushing XVG even though the goal of 75 million was reached.

Finally, as the campaign ended, the anticipation increased so it became a general opinion that TokenPay stands behind the mystery partnership.

If you were among the crowd of crypto enthusiasts to believe that TokenPay is hiding behind the veil of mystery set by XVG, you were wrong.

It is confirmed that TokenPay is definitely not behind the mystery partnership and the confirmation became official once Derek Capo, the CEO of TokenPay tweeted back on this matter.

He turned the allegations down by stating that TokenPay is in no way the mysterious partner that XVG is planning on revealing, but he further added that TokenPay is planning on pairing up with XVG as the TokenPay team is working on several projects that should most definitely include XVG into the story.

Capo added at the end of his official announcement that crypto communities should definitely stick together in order to be able to push cryptocurrencies and blockchain-based technology while making these assets applicable in various “real life” purposes.

Verge and the Unveiling of the Mystery Partnership

With the announcement of the crowdfunding campaign that is said to be aiding in the further development of Verge and its features, it was also announced that the 75 million XVG will unlock a mystery partnership.

It was further announced via Twitter that the partnership that was acquired thanks to the dedication of holders and investors, will be revealed on April 17th.

As the mentioned day is getting closer with each day, now being only 3 days away, the anticipation is rising. Since it was already determined that TokenPay is not in any way the mysterious partner everyone is talking about, we are only left to wait for April 17th in order to find out who is behind a 75 million XVG worth partnership.

One is for certain; the crowdfunding campaign was announced in the right time as XVG was pushed up in the market, gaining on its value and trending up in the world of most popular and most wanted cryptos.

Further, as the anticipation is rising, XVG keeps rising in accordance with the hype hovering around this mystery.

How is Verge doing at the Current Moment?

It seems that XVG is doing more than well in the market, as it is successfully being traded in the green for quite some time now. We can probably give credit to the crowdfunding campaign for having the value of Verge pushed up in the market.

After the latest change in the market, Verge has gone up to 0.15% in the last 24 hours, which is just another one of many rises this currency has acquired over the last week.

With the recent change in its price, Verge is still trading up against the dollar, while trading in the green. XVG is also trading up against BTC, going up for nearly 2% which means that Verge is growing at a more prompt pace of growth in oppose to the first currency on the global coin ranking list.

Verge can now be purchased at the price of 0.094$ per one XVG unit, while it is slowly but steadily going towards its all-time of 0.23$ per one unit, which was recorded back in December of 2017.

We will be updating our subscribers as soon as we know more. For the latest on XVG, 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 Charles via Flickr

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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