Connect with us

Blogs

TrafficJunky Accepts Verge (XVG) because of Pornhub

Published

on

Verge

One of the biggest online advertising networks, TrafficJunky announced that they will, starting Monday, May 7, accept Verge (XVG) as a payment option.

TrafficJunky is a very large advertising network that claims to serve over 4 billion impressions per day. Only a few weeks after Pornhub decided to accept Verge as a payment option, this network announced that they will do the same. This will be yet another large partnership that Verge managed to enter in a very short period of time.

Pornhub’s decision inspired others

Verge did not reveal their partnership with Pornhub until around 75 million XVG tokens were raised in a crowdfunding campaign. The campaign was preceded by the hack of Verge, and succeeded by a rise in a market value. These events happened in a very short period, and as a result, there were many different views on the credibility of Verge. Following the hack, many believed that it was not properly secured, and some even went as far as to call it a scam.

TrafficJunky’s statement, however, disclosed that the advertisers will be capable of funding their own accounts through Verge (XVG). This will allow them to enter TrafficJunky’s network, which is currently serving more than 4 billion impressions on a daily basis.

Product and Operations Manager for TrafficJunky, Rabih Boulmona, stated that it was only a matter of time when the ad firm will follow in Pornhub’s footsteps. He added that TrafficJunky’s team is excited by the fact that they will be able to provide another safe and convenient payment method that their users can benefit from.

Not everyone was thrilled by Verge’s partnerships

There was a lot of skepticism regarding the partnership between Verge and Pornhub. Some believed that there was no need for something like this and that it might actually damage the crypto market.

Despite this, Verge’s value went up almost immediately after the partnership was announced. Even so, Verge still has a tough time when it comes to regaining confidence and proving its safety and credibility. Its price has seen many ups and downs since, and even in the last 24 hours, it managed to drop down again, after a 10% increase that it has seen during the last week.

Verge halving is coming

Verge has announced recently that it will soon go through the block reward halving. According to them, crypto is planning on halving at block 2,124,000.

Some analysts believe that this act will make the quantity of newly-earned XCG reduced to a half of the amount that is currently circulating. Possible consequences of this may include the increase in Verge’s price, with a real possibility that they might skyrocket in the following days.

According to Verge itself, this move is a part of their transparent and very predictable monetary policy.

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 own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Thomas Hawk via Flickr

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

Published

on

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…

Continue Reading

Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

Published

on

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…

Continue Reading

Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

Published

on

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…

Continue Reading

Press Release