Connect with us

Altcoins

Tron SeedGerminator, a DApp and technology accelerator explained

Published

on

Tron SeedGerminator

Tron is a digital asset that aims to create an infrastructure for a decentralized world. It is important to know that Tron’s network is one of the biggest in the world, because it offers scalability, efficiency, speed, and throughput support that features DApps in its ecosystem.

So far, Tron has created many decentralized applications where contents producers can create contents without the use of mediators (YouTube and the likes). Lately, Tron proposed another decentralized application known as SeedGerminator.

SeedGerminator is an accelerator for developers who want to create Dapps, tokens, and technology on Tron’s protocol. Subsequently, SeedGerminator is also a crowdsourced funding platform where projects or contents are granted access to 10 percent of the node rewards produced by Sesameseed community voting.

It is also important to keep in mind that Sesameseed is a blockchain community and a Tron Super Representative. SeedGerminator is a proposed project of the Sesamesed Community to vote on. This new proposed project was developed by Tron but sponsored by Sesameseed community.

In the course of the project, Sesameseed will reward its community airdrops and community access. Also, projects will offer seed holders the opportunity to use their tokens to participate in projects. SeedGerminator will help the Sesameseed community develop the Tron network efficiently.

The Sesameseed community through Tron is planning to launch the SeedGerminator platform this week.

Benefits to Tron

Just like its Tipperbot, SeedGerminator will help grow Tron network and will encourage the use of Tron’s ecosystem, and show its abilities to the public at large.

It is important to keep in mind that this project will debut on Twitter, Reddit, etc., thus, increasing and enticing other DApps developers around the world – it will also advertise Tron to the world and expand its network globally. SeedGerminator will foster Sesameseed community projects and fast-track them unto the Tron network, too.

Benefits to DApps Developers

For lots of DApps developers, this will be the opportunity to feature and showcase DApps to the world. The project will also help developers seeking to create DApps on Tron’s network.

Proposals that meet the needs of Tron’s guidelines will be voted on by the community. Developers who are looking for funds from the sesameseed 10 percent reward pool should contact at the sesameseed community official website.

Benefits to the community

Tron’s community has grown wide due to the number of projects that have been actualized by Tron network. Two months ago, Tron introduced the Sesameseed Tipperbot – a bot system on every social network to help in the transfer of Tokens by making use of the chat function on social media platforms.

Just like the Sesameseed Tipperbot, the SeedGerminator will come with the emblem of the sesameseed community when the project has been voted in.

As stated earlier, seed holders would have the ability to use their seed to participate in projects. This project will offer community rewards, such as airdrops and early access to all projects – 80 percent of all the rewards generated by SeedGerminator to the voting members.

The official launch is this week, and the voting process will begin; every vote decides if the project will get enough community funds.

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 NESA by Makers on Unsplash

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