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Mystery Revealed: Verge (XVG) Just Partnered up with Pornhub

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Verge

Verge had us all hyped about acquiring a brand new partnership that will in every possible way manage to sky-rocket XVG towards the primary objective of their team, which is to obtain a mass adoption of cryptocurrencies while enabling their users to share their data with utmost security. To be able to do so, XVG team claims that they needed to partner up with none other than Pornhub! Let’s see how this partnership came to the realization as well as list all the perks that Pornhub users and XVG enthusiast will be able to take advantage of thanks to this partnership.

Verge Partnering up with Pornhub

Although the majority of Verge followers thought that XVG would be partnering up with TokenPay, with listing more potential partners as the guessing of mystery partnership was on the loose, it is less than likely than anyone expected to see Pornhub interested in partnering up with XVG as one of many digital assets available on the market.

However, this partnership is pretty logical if you think about it, given the fact that Pornhub and their users value privacy on top of everything else. Furthermore, after the mystery partnership was finally revealed today, Pornhub representatives stated in the official press release that they have been planning on meeting the requirements of their faithful users, leading their business to the next level. That is how they decided to partner up with XVG – they wanted to provide their users with the opportunity to be able to pay for Pornhub services by using a digital asset that would automatically give all users with the privacy they need.

Pornhub is considered to be among top websites for adult entertainment, which is obviously a business that never gets old. However, since Pornhub wants to stay on the top, they decided to start implementing some novelties into their business. They have also mentioned that they have a reward program for their faithful users as well as that they have recently added the option of VR adult entertainment. Now, when Verge is also in the game, both XVG and Pornhub are looking forward to a bright future that surely waits in the following months.

To be able to enter this partnership, XVG had to collect 75 million XVG units, which were provided by investors and coin holders and received in only five days since the original tweet where the team is asking for donations to reveal a mystery partnership. Given the fact that the goal was reached, and pretty soon as well, XVG has then announced the revelation of the mystery partnership that would occur on today’s date, April 17th.

That is when the countdown started with hype affecting XVG units in a very positive way as significant rises were spotted in the market, helping XVG to bounce off after this digital asset has seen some sick days during the market crash.

Pornhub is said to have one of the biggest, and maybe the biggest processors for operating payments, altogether making this fact one of the main reasons for having the XVG team pursuing this partnership. Moreover, Pornhub is due to promote XVG and Verge, along with supporting their technology in an “aggressive” marketing campaign that should be launched any time soon now that the mystery partnership has been revealed.

The team behind XVG is thanking all their supporters for making them closer to their goal as well as for the trust they have put into XVG and their core team, stating that this critical partnership wouldn’t be possible without the support of XVG holders and investors.

Given the fact that the adult entertainment industry is one of the heaviest industries when it comes to market capitalization, we can easily see Verge progressing towards completing the main objective of the team behind XVG as well as going up in the market price in the time to come as visibility and value of this digital asset has just been significantly increased.

How is Verge doing at the Current Moment?

Verge has shown some fantastic improvements as the hype behind the mystery partnership was being pumped up as the date of the announcement was slowly but steadily approaching.

Just before the announcement of the mystery partnership, Verge was trading in the green against the dollar going up for over 17% against the dollar, while also rising against BTC for nearly 16%. This benevolent change made Verge trade at the price of around 0.096$ per one XVG unit, making it closer to its all-time high of 0.15$ per one XVG that was marked back in December of 2017.

However, after the revelation of the mystery partnership, Verge seems to be going down in the market, although it was thought that this long-awaited announcement would further increase the value of XVG in the market, which is still pretty probable in the long run.

After the latest change in the market, which occurred just a couple of hours after the unveiling, Verge started to trade in the red with the most recent drop of -4.33% per one XVG unit, which makes us all wonder if investors and holders who participated in the crowdfunding are disappointed in having Verge partnering up with Pornhub.

Whatever the cause for this recent drop, it is yet to be seen how this important and newly acquired partnership will affect XVG in its further ventures.

At the current moment, XVG can be bought at the price of 0.078$ per one XVG after the latest drop of over 4%.

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

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 Alf Igel 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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