If a cryptocurrency has to go high, it has to increase its real-life usage, and Tron (TRX) has managed to achieve precisely that. Here in this post, we’ll uncover how but let me talk about some facts first, briefly (promise).
It is not a hardcore secret to anybody that cryptocurrencies have been approached as a form of investment rather than its real purpose which is to be a payment method that’s open to anybody at any time with the characteristic of not needing a trusted third party involved in the process.
In this matter, this has been one of the biggest struggles the crypto market has been dealing with as when it comes to utility, it seems like the crypto market lacks options, which, at the same time, ends up resulting in the implicit encouragement of the usage of virtual currencies only with the expectation of gaining a profit of it.
So, in this sense, it is to be noted that every day there are more and more initiatives that plan to tackle the problem and come up with a solution that could finally give a different approach to crypto usage, a fact that seemingly, Bitcoin Superstore has finally achieved by adding Tron. Let’s see its connection to the new crypto-mainstream link and the details on the addition of Tron (TRX) to the platform!
Bitcoin Superstore is a website that allows crypto enthusiasts with the opportunity of buying good and services from a huge range of options of the market by using cryptocurrencies.
The platform has been amongst us for quite time now, but it wasn’t till the moment that the network started to gain strength by setting some of the most ambitious goals of the sector.
— Justin Sun???? (@justinsuntron) August 14, 2018
According to its official Twitter account, the company is aiming to add a new cryptocurrency every week, and not only that, it is also willing to accept suggestions of the community, a fact that undoubtedly represents a great benefit for the sector.
Bitcoin Superstore gives crypto enthusiasts the chance of buying from almost all of the online retailers in existence, including Amazon, Walmart, eBay, and even Starbucks, and the best of all is that it charges the user with a 2 percent fee of the total amount of the purchase only.
Like this, the platform has already turned in the most relevant service for real crypto usage in the market, and at the same time, in the cheapest (I mean affordable).
The seven cryptocurrencies available
In the beginning (as the name suggests), the only crypto accepted was Bitcoin (BTC). However, the platform has already seven cryptocurrencies enlisted, among which there are Bitcoin Cash (BTH), Dash, Ethereum (ETH), Litecoin (LTC), Ripple’s XRP, and Tron (TRX) as of yesterday.
The official announcement was made through Twitter:
You voted, and we listened!
Customers can now buy from nearly any online retailer with #TRON! What does the #cryptocommunity think of our addition? #Tronix #Tronics #TRX $TRX @Tronfoundation @justinsuntron @TronNews_ pic.twitter.com/XDLCECRrcx
— Bitcoin Superstore (@BitcoinSuperst1) August 12, 2018
Naturally, the addition of Tron (TRX) to a platform where users can purchase in almost all of the online retailers that we know gives the coin a very positive perspective around price matters.
In fact, it is likely that in the near future the prices of the coin will surge from the recent behaviors, and this could be supported as well by the recent peer to peer payment option that Tron has enabled through its payment platform Seedit.
We can all agree that the latest performances of the coin have not been the best, but this is a milestone with the potential to change the fate of Tron completely. Of course, it will be unrealistic to expect Tron (TRX) hitting the moon in current circumstances; the whole market is bleeding severely, TRX will have to wait (the rally needs to start from Bitcoin). So stay tuned!
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 Pixabay.com
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…