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Litecoin gets adopted by first ever Blockchain-based phone, Skrill, and eGifter

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Litecoin LTC

Litecoin is one of the largest cryptocurrencies in the crypto sphere; it ranks No.7 by market capitalization. At the time of writing, Litecoin is traded at $77.52 per coin; with a market capitalization of $4.4 billion. Nevertheless, the CEO of Litecoin, Charlie Lee, has boldly emphasized that all hands are on deck to make sure the value of Litecoin attains a price mark of USD 400 through mass adoption.

Lee has professed some of his significant plans, in which the crypto would become prominent and among the top 3 most traded cryptocurrencies.

Litecoin’s adoption by HTC Exodus, the first native blockchain mobile producer

Litecoin recently got adopted by the first native blockchain phone produced by HTC Exodus. This adoption is good news for all Litecoin fans due to the fact that the mobile would support “Litecoin Lightning Network natively” and LTC tokens also. Charlie Lee has expressed his appreciation for this major feat that has been achieved.

It is important to know that Charlie Lee is an advisor of HTC Exodus, and he also stated that this would be the foundation for crypto’s mass adoption.

Charlie Lee stated this on his official Twitter page:

Met the HTC Exodus team last week and was really excited to hear the phone will support LTC and Lightning Network on Litecoin natively! I will be an advisor as I see having a secure crypto phone that makes LN simple is needed for mass adoption. P.S. No, they will not remove BTC.”

On the other hand, HTC Exodus is a reputable company with high goals in changing the crypto sphere by producing a decentralized phone in which individuals can use with maximum security.

Recently, it partnered the company partnered with Crypto Kitties.  HTC is quite experienced in producing mobile phones all over the world. The company has manufactured different mobile phones, and it aims to revolutionize the web with its newest technology.

Litecoin gets adopted by Skrill and eGifter

Skrill is a wallet that supports various fiat currencies worldwide, and on the 25th of July, the wallet declared it now supports the trade of different cryptocurrencies including Litecoin on its platform. This is a major feat for the crypto sphere, and Litecoin is involved – which is good news.

On the other hand, eGifter which is one of the most prominent gift card companies online recently adopted Litecoin to boost its sales. It is important to note that Litecoin is now officially one of the leading payment options for eGifter. Additionally, eGifter is also stirring up the Litecoin’s mass adoption movement called PayWithLitecoin on its website.

Final Words

Litecoin’s mass adoption campaign PayWithLitecoin, which has been around for some time now, is getting lots of support from various FinTech companies. Litecoin is on its way to be among the top three most traded cryptocurrencies, as UK based crypto futures trading platform named Crypto Facilities, recently launched a new product that allows traders to be part of Litecoin futures. There are other things coming up with Litecoin, and this is the right time to buy and invest in it.

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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.

Image courtesy of Maxpixel.net

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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Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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