At the moment of writing, Stellar (XLM) is the 6th largest cryptocurrency of the market with a price per token of $0.22, a market capitalization of $4,303,737,475, and an increase of 4.91% in the last 24 hours.
Without a doubt, Stellar represents one of the top cryptos, and that let us assume that both the strategies and projects that the company deploys are quite good in terms of usability and benefits for the community in general terms.
As a matter of fact, Stellar (XLM) has become one of the preferred platforms when it comes to launching a project in the blockchain, and the same way, it has accomplished to create the most revolutionary projects in order to make 2018 the best year for the crypto.
Let’s see all of the details behind each one of the initiatives that the company has created.
IBM payment solution
Stellar has managed to partner with the technology giant IBM, and it was known that both companies are working hand-in-hand in order to improve the payment systems of IBM.
This results particularly exciting considering the fact that IBM has partnered as well with several banks and financial institutions, even including central banks and federal institutions. So just with the existence of the collaboration, many opportunities open up for both crypto and fiat sectors.
The Veridium project
Veridium.io is another cryptocurrency project that was created through the alliance between IBM and Stellar, the project was actually born with the intention of reducing the impact of carbon emissions in the atmosphere.
The idea was beyond innovative because the project seeks to incorporate VERDE (the native token) into carbon, gas, and oil trading platforms to automate the whole process of counter-attacking the emissions of carbon in these trades.
StellarX.io is a decentralized exchange project that is backed by the Stellar lumens. In fact, this has been one of the main critiques that the project has received so far, considering the fact that the decentralized part would be put into question due to the presence of Stellar as a third party. However, the project has great opportunities, and as it seems, it could launch the value of Stellar (XLM) to unimaginable heights.
OpenGarden.com is a project that focuses mainly on undeveloped countries such as the African region. It offers the opportunity of having free internet through a wifi hotspot for those who don’t have access to the net in their places.
TillBilly.com is a project that seeks to integrate a retail outlet into the Stellar network. It is envisioned that besides being cheaper and faster than credit/debit cards, and platforms such as Apple Pay, the platform will also reward those who use it with Stellar lumens.
Slice.Market is a project that seeks to bring the Real Estate business into the crypto world by tokenizing Real-Estate transactions and operations between two people that even may be located in different parts of the world.
SureRemit.co is another project that involves undeveloped regions like Africa. The project seeks to provide a faster and cheaper solution for sending remittances back home from literally any place in the world.
SmartLands.io is another project that is seeking to tokenize a specific area of the industry, in this case, agriculture.
Each one of the projects that Stellar (XLM) is deploying or being used in, offers a clear evidence that the token will speed-up its growth in the market very soon. So stay tuned, you may be surprised with the updates of the crypto.
For the latest cryptocurrency news, join 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 thorough research before investing in any cryptocurrency and read our full disclaimer.
Photo by Alexandre Perotto on Unsplash
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…