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

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Verge

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

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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