The market has had its ups and downs and lots of cryptos at the moment are trying to keep up. However, many investors are hoping that in the second half of the year, things will change – hopefully, it would!
Taking a look at the bigger picture, we need to focus on what is going on with Ripple (XRP) and what the future hold for Ripple and blockchain technology. It is important to know that we really are at something big and a lot is coming from Ripple (XRP) for its investors.
Moving forward, there has been a lot about Ripple lately – issues about security and being regulated still lingers on. Besides that, we need to focus on the primary aim of Ripple – which is to change the world.
Taking a look at Amazon, Amazon was created to become a platform where trades can be possible much faster. They are lots of similarities between Amazon back then and Ripple now. Amazon wanted to make the best shopping experience that is better and faster than the rest.
Jeff Bezos, the CEO of Amazon, stated his aim of making customers have a better and quicker experience. He also stated his goal to make a delivery option due to the fact that this was what customers wanted. Surely, Bezos has achieved this, and he has made Amazon a top platform today.
On the other hand, Ripple has the same vision to create a better value for customers. The cryptocurrency is creating a better value by enhancing cross-border payments all over the world. Today, the transfer of funds from one place to another is not instantaneous, and this is what Ripple is aiming to change. Every customer wants speed, efficiency, and security when transactions are made.
Furthermore, Ripple is aiming to solve real-life problems, and they are inventive by offering a solution to real-life problems through its xRapid. Ripple’s xRapid will use its token, XRP, to achieve this feat.
Back to Amazon, Amazon never had a speedy start during the time it was created. Bezos needed to have about a million dollar investment at that time and to achieve this; he needed to part 20% of the company to 20 people that invested with $50,000 each. These set of people believed in Amazon’s technology, and today, they have made huge profits.
Concerning Ripple, it is necessary that investors think long-term when they invest in Ripple – like the people that invested on Amazon. Ripple is thinking long-term, and it is on the path to becoming one of the best cryptocurrencies in the world.
It is important to know that now is the best time to invest in Ripple (XRP). Ripple is not just a crypto, but a team with a cryptocurrency with a futuristic goal to change the world as we know about it thus far. Ripple is not complacent, and it is collaborating with top financial companies all over the world. They are inventive in their technologies and as stated earlier, the best time to invest is now, and become part of Ripple’s growth in the future.
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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
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…
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…