If you thought Bitcoin was the only coin capable of getting some mainstream attention, think again. After Ellen DeGeneres got down with Bitcoin explaining Blockchain and the concept of decentralized networks to her audience by comparing the top ranking cryptocurrency with a baby goat, another cryptocurrency is now also having its 15 seconds of fame on the Ellen DeGeneres show. That coin is none other than Ripple (XRP).
Ashton Kutcher Surprise donation with XRP
During the show, Ashton Kutcher (Hollywood actor) appeared as a surprise guest to the daily talk show with a $4million late birthday gift for Ellen meant to be a donation to Ellen DeGeneres’ Wildlife fund. Ellen had already planned out a trip to Africa as an initiative to focus on her passion about wildlife only to get a happy surprise of Ashton Kutcher showing up to make the donation live on the show using Ripple XRP.
Apart from being a renowned Hollywood actor, Ashton Kutcher is also a venture capitalist with Sound Ventures. He made the donation on behalf of ripple as a gesture of ripple’s commitment to integrity and also as a way of giving back.
According to Kutcher, Sound Ventures is already investing in ripple and as Ellen pressed the button to send the money to a bank in Rwanda( where Ellen will be visiting) Kutcher was quick to point out how easy, fast and secure the transaction was unlike the usual check that would take days to clear.
Now, usually people come out with a big giant check and do the ‘big giant check thing’, but we can transfer it into Rwandan Francs right now right here, and all you need to do is push this button
Ashton Kutcher is bullish on cryptocurrencies
Ashton also revealed how he met up with Ripple and realized how Ripple as a company is focused on ethics and generosity.
So, we were meeting with these folks and were talking to us about the ethics of this company and this platform and how they actually really care about being an ethical company and giving a portion of this platform away to people that are doing good in the world
It is no secret however that Kutcher has for a long time been a Bitcoin bull as seen in his investments toBitPay ( a crypto payment processor). Apart from Ellen’s show, Ripple has also been featured in other shows such as the Late Show with Stephen Colbert. Ripple has been on a streak of actively donating millions to worthy non-profit organizations and the donation to Ellen’s Wildlife Fund is one of many more to come.
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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.
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Should Crypto Projects Devote Resources to Community Growth and Marketing?
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…
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
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…
My Crypto Heroes Announces Issuance of MCH Governance Token
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:
During December 2020 the first governance…