New partnerships seem to be on the horizon for Verge, so they’ve chosen to release a new wallet. Verge’s mystery partnership became known as Pornhub, then Brazzer (these associations with the adult entertainment industry were very misunderstood at the time) and now they’re trying to hook up with Spotify, Paypal, and Venmo.
With those potential partnerships in mind, the alt-coin is ready to release a new wallet while it is also trying to be included on Streamlab.
Verge’s team announced the work is in progress on the backend, and they will need to make their wallet more user-friendly and its interface better. This is being designed by Waveon3, Verge‘s web and UI team. They disclosed this information through their Twitter account, and let the world know they are designing a ‘fresh look’ for the wallet alongside working on further improvements.
Verge is asking its community to press Streamlab to use the coin. Streamlab is a Silicon Valley startup which develops streaming software that lets streamers interact with viewers and monetize their content and help their channels to grow. Verge wants this business, and they’re making it clear as they tweeted this:
— vergecurrency (@vergecurrency) May 8, 2018
The community was responsive. As you can see, they retweeted that message many times and started to urge Streamlab to include Verge in their ecosystem.
Latest potential Verge partners: Venmo and Paypal
As soon as Verge announced their partnership with Pornhub, they followed Oliver Twist’s example and just kept asking for more. While the collaboration with Brazzer and Pornhub holds a lot of potential for profitability, Verge (XVG) wants to get other partnerships that are just as relevant but not as controversial. Venmo and Paypal are their current targets. TrafficJunky is in XVG’s partnership bucket already, and they’ve been going for Spotify as well.
As per yesterday’s news, some internal leakers have told the press that “Verge is aggressively pursuing PayPal via their Venmo platform.” The same sources intimated that Venmo and Paypal want to have cryptocurrencies in their platform, and they are thinking seriously about making Verge one of them.
“There is nothing in this industry like momentum, and we have it right now. It is powerful and is pumping adrenaline into the heart of this place right now,” claimed the news and then added, “Yes, we are pursuing any, and all partnerships, but the payments partnerships are at the top of our list.”
The source further says,
“And not just TPay either. Venmo is on the ‘verge’ (lol) of doing some next level stuff and we are hitting them hard to be included. I feel good about the possibilities there, I will say that.”
The same media outlet proclaimed that it spoke to a former PayPal executive who currently consults for them on the crypto subject, he said,
“Venmo will announce something by the end of 2018 and the idea is to attempt to one-up Square by bringing 5-10 cryptos onto the platform right at the outset. I can confirm that Verge is seriously in the mix.”
It is evident that apart from massive developments (latest: in the form of their new wallet design), Verge team is deploying ‘guerilla marketing’ tactics as they continue to push through any corner they can. And, seeing all these incredible developments and partnerships that the cryptocurrency is rolling out (and it seems it will continue to go in this fashion), it more likely will become a ‘must have‘ crypto in the market.
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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.
Image courtesy of Edmund Lim via Flickr
How Cryptocurrencies Will Change Online Gambling in the Future
Anyone who has followed online gambling since the beginning can tell you that things don’t stay the same for long. One of the reasons for this is that technology improves at such a ridiculously fast pace, and innovators in this industry are able to match up with those technological changes pretty quickly.
An innovation in technology that the Internet gambling industry has really learned from is cryptocurrency, with bitcoin in particular leading the way. We’ve seen it emerge as an alternative banking method, but it’s going to change the industry as a whole in ways that people can’t quite understand yet.
A Post-Legality Era
Something that has eluded online gambling since its inception is the idea of a global governing body. As it stands right now, each individual country (and smaller units of jurisdiction) have their own governing bodies that oversee in the industry. A lot of these laws are tied to banking laws, and that’s where the legality of playing in bitcoin casinos becomes such an interesting topic.
In the present, we’re seeing country-based regulatory bodies from places like Malta, Gibraltar and the United Kingdom start to work together and recognize each other’s licenses more and more. That’s taking serious steps towards having a global governing entity, and once that happens, the role of bitcoin is going to be even larger than it is now because it’ll…
VOLUM (VLM) Announces Commencement of Token Generation Event
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