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Verge (XVG) Partners Up with TrafficJunky Thanks to MindGeek

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Verge

One of the most attractive partnerships Verge has managed to acquire is their pairing up with MindGeek, which brought them to anything less but PornHub. Ever since the announcement that Verge will be partnering up with MindGeek so that PornHub would accept XVG as a form of payment for millions and millions of users on their official streaming platform, Verge has probably been the most talked-about coin ever since April 17th, which was the original date of announcement for the long-awaited partnership that cost 75 million XVG units. Now with another partnership on the rise, Verge has once again stolen a spotlight in the crypto community.

Verge is Partnering up with TrafficJunky

Not only that the partnership with MindGeek brought Verge more exposure as this currency is being used on PornHub as one of the payment methods for millions of users of the biggest platform in the adult entertainment industry and beyond.

Given the fact that the initial industry is one of the heaviest when it comes to market capitalization, Verge has an ultimate unlimited chance to gain more on its exposure, which will make XVG to exponentially grow thanks to the mentioned case.

Moreover, the partnership they have acquired with MindGeek, which brought them to PornHub given the fact that MindGeek actually owns PornHub, has further brought them to another important partnership that could greatly contribute to the further growth of this currency.

Along the way, Verge has become more popular as it is progressing towards its goals, allowing it to become one of the most trending digital assets, mostly thanks to the fact that the hype revolving around this partnership was pretty intense on all major social networks and coin news portals.

The partnership PornHub has made possible for Verge is going to be officially concluded on May 7th, when the partnering up with TrafficJunky will be sealed.

TrafficJunky accepted the partnership, not only because PornHub is an affiliate of the mentioned company y, but also because they could also predict the potential visible in Verge.

TrafficJunky is an advertising network that helps its users to promote their business. This company is one of the leading foundations in this area, so they are proud to have over one billion of impressions per day by using targeting with perfected market strategy.

As of the recent events, TrafficJunky has announced that all users would be able to get their TrafficJunky accounts funded by using XVG for making payments.

After the partnership with MindGeek that Verge has earned with organizing a massive crowdfunding campaign that ended as a massive success, having TrafficJunky accepting XVG could most certainly affect its exposure in a positive way further from this point.

How is Verge doing at the Current Moment?

It seems that the market became a bit sluggish as the majority of cryptocurrencies are trading in the red for more than 24 hours as all digital assets are following the latest trend in the market – dropping against the dollar while causing drops on a massive scale when it comes to the number of the dropping coins.

At the current moment, due to the most recent change in the market, after trading in the green for quite some time during a massive rebound, XVG is dropping against the dollar while trading in the red.

During the course of the last 24 hours, Verge has dropped by -5.14%, while it was also trading in the red against BTC.

XVG has dropped against Bitcoin by -2.02%, which means that BTC is actually doing better in the market at the current moment.

Following the latest change, XVG is currently being traded at the price of 0.075$ per one unit.

Verge has made its all-time high back at the end on December of 2017 when this currency was being traded at the value of around 0.22$ per one XVG unit.

It is expected to see Verge rising up against the dollar, once the market starts recovering from a mild wave of drops that have been going on for less than the last 48 hours. Verge couldn’t go against the trend, so instead, it went down against the dollar while also dropping in oppose to BTC.

However, having XVG partnered up with TrafficJunky will most certainly contribute to the most recent case of dizzily trending up in the crypto community and beyond.

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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 Sarah Gerke via Flickr

Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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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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Altcoins

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

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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…

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Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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