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Stellar (XLM): The Big Bull Is Coming




The Stellar (XLM) blockchain is been loved by many enthusiasts for its simplicity and its mandate to provide cheap financial access, literacy and inclusion all over the world. The Mandate of the Stellar Development Foundation is to expand worldwide through the numerous partnerships and in turn further push its chief goal of providing the said low-cost financial services through the development and maintenance of technology across the globe.

One of its major partners has just done that. This partner is none other than IBM that currently runs 9 stellar nodes to settle international payments around the globe.

In this case, IBM has just won a lucrative 5-year contract with the Australian government worth AUD $1 Billion or the equivalent of $750 Million. The new deal aims at making Australia a top 3 digital government in the globe by 2025 through the investing in blockchain technology, quantum computing as well as artificial intelligence. All these sectors of technology will be in constant research and development to guarantee Australia makes it to the top rankings of global technology as well as maintaining that position.

The exact details of the partnership have not been revealed but the Stellar blockchain is bound to be part of the agreement. This brings some renewed hope to the Stellar project and coin. The Stellar blockchain and coin are ideal for running the back-end payment settlement for the various Australian government agencies during regular times of operations as well as during emergency services. The fact that the Stellar blockchain has many features, such as a timing aspect on its smart contracts for disbursing funds, makes it ideal for recurring payments for a government. XLM will be used to source instant liquidity in the transactions.

Another project that the Australian government can tap the Stellar blockchain through IBM, is the current plans of the said government to start delivering social security welfare payments to its citizens on the blockchain. As earlier mentioned, Stellar is ideal for timed payments as well as micropayments due to its low cost per transaction. XLM can be used for these transactions hence increasing the demand for the coin and eventually its price. No wonder XLM fans are expecting the price of the coin to increase in value by 350%.

All these services in Australia on the Stellar platform will be more enhanced due to the recent acquisition of the fintech company of Chain by the Stellar Foundation. The reason for doing this, and using XLM as a means of payment for the acquisition, is to tap into the experienced pool of developers at Chain.

Summing it up, the fact that IBM has won a government contract in Australia makes the use of the Stellar blockchain and XLM highly likely for some of the government services. IBM has even tapped Stellar to track carbon emissions. This means the blockchain is ready for the challenge ahead as well as the coin to have more utility hence boosting its price.

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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 ( ), 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 ( ), 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. One of the ways to have a successful trading…

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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…

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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 ( 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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