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Ripple XRP community hawkish towards Hive list

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Ripple XRP

Hive.one, formerly dubbed as CryptoInfluencers, has been forced to remove its Ripple section. The platform’s team admitted that it received plenty of criticism but refused to disclose the reason for the criticism, and instead put out a statement, pointing out that this was the first time that they had encountered this kind of resistance. They mentioned that they were not publishing the list but noted that this was for “the time being.”

CryptoInfluencers (now Hive.one) launched in December of last year and has been praised as being the most accurate platform when it comes to ranking influential figures in the cryptocurrency community. The platform has created its list based on social media presence.

In fact, the platform’s algorithm is solely based on Twitter data, which remains the leading platform for cryptocurrency investors, traders, and influencers. It analyzes the accounts of the public figures that are prominent within the cryptocurrency community and then goes on to measure the engagement metrics within the community, based on how users interact and react to these influencers, as well.

This includes metrics such as likes and retweets. For example, if an up-and-coming cryptocurrency analyst or influencer is steadily growing regarding likes/retweets; this data helps Hive.one create their list, and that particular analyst or influencer might be able to move up the list.

While the company did not publish the list, it went to Twitter to share some insights. The platform concluded that the most influential member of the Ripple community was none other than the CTO of Ripple, Joel Katz, according to their research.

The influencer that is NOT a formal member of Ripple that was considered the most influential was Hodor7777, a blogger who is an XRP supporter that has around 40,000 followers. Next up, Tiffany Hayden is one of the most famous Ripple supporters and boasts about 70,000 followers, and many in the Ripple community considered her to be the obvious choice for the most influential advocate that was not directly part of the company.

Tiffany Hayden took to Twitter to point out her issues with the list, pointing out that it included ex-employees of Ripple who hadn’t worked there in years and even deceased individuals. Though she questioned the credibility of the list; she was quick to point out that it wasn’t a “popularity contest”.

Another insightful fact that the company shared was that it found that Joel Katz was actually more influential over the Ripple community than Vitalik Buterin, the co-founder of ethereum, is, over the ethereum community.

Although Hive has stated that the list does not mean to “endorse” anyone, some people speculate that the outrage over Joel Katz being so high on the list can be attributed to the fact that he hasn’t been as active in the Ripple community that the list would suggest.

This is the first time there has been so much bitterness surrounding Hive, considering that the platform gathers data merely. While some may take this as a sign of a responsive and supportive community that wants its influencers to get its just due; there are others who feel like the outrage is not justified and is excessive.

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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. The author is long Bitcoin. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Diane Baker on Unsplash

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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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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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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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