Connect with us

Blogs

Verge (XVG): Price Range and Plans for 2018

Published

on

Verge

Although Verge is constantly spinning around the value of usually around 0.06$ per one unit, the developers behind Verge have no concerns about this. That is the case because they are preparing a load of changes that should be applied in the form of features, enabling Verge to come near its fullest potential.

Even though Verge is considered to be one of the most private currencies on the market, the developers aren’t letting the further development of this currency to a sheer case of fortune. There are several announced releases of exciting features during 2018 that could potentially launch this currency to the moon.

The Announced Novelties for Verge

Verge developers decided to show that the potential of their maximal privacy and fast transactions can be even greater than it is at the current moment. So, they have announced the release of several new improvements that should take action during the following year of 2018.

One of such features is called TOR Android wallet. This feature should allow access to fast transactions around the globe, making Verge available to masses and mass usage. This feature should allow anyone who owns an android operative system to easily receive and send payments in the form of XVG in only click away and on-the-fly. This wallet should have I2P protocol and as such should allow completely anonymous transactions with zero interference from third parties.

This feature could easily raise the price of XVG as it represents a neat and easy way to receive and send payments instantly with the usage of the Android system, while transactions would be still operated through Verge blockchain ecosystem.

In case you didn’t know, Verge is also one of the easiest coins to be mined on the market because these coins can be mined with any processor. That way, not only does Verge lower the competitiveness rate, but it also enables cost-effective mining of XVG.

To further improve the experience of mining these coins, Verge developers are planning on releasing a guide to mining XVG somewhere around the last quarter of 2018. This feature should allow more and more people to get involved with mining this coin that way being able to earn some money through mining. This feature could also easily raise the value of XVG’s price per one unit in the long run.

Another one of novelties that could easily and most definitely affect the price of Verge is the implementation of RSK smart contracts.

You are probably already familiar with what smart contracts are if you have been following up with Ethereum and similar platforms that use smart contracts, like Neo. The development team behind Verge is already testing smart contracts that should be introduced to the Verge community. This is a huge deal because this implementation should allow easy distribution of Dapps, blockchain-based applications, allowing all creators to monetize their skills through developing different types of applications within Verge ecosystem.

All applications made through smart contracts would be hosted within Verge platforms, that way creating even larger and more advanced decentralized community. With the implementation of smart contracts, it isn’t hard to conclude that XVG price could easily jump. This feature is already being tested, so developers behind XVG already have high hopes for 2018.

How is Verge doing at the current moment?                             

Remember when John McAfee tweeted about Verge? Afterwards, Verge managed to reach a raise of 800% in the shortest period when compared to other currencies during the time of bounce off. Although many people have speculated that John McAfee tweeted for personal gain, which is still not excluded, we can’t deny the technical capabilities of Verge.

One XVG is now worth 0.077$ per one unit, which is not that bad at all when compared to the fact that Verge was constantly spinning around a price range of 0.05$ to 0.06$ per one coin.

Still being traded at a fairly low price, you can easily make bulk investments in case you believe in the effectiveness of the announced changes, which are predicted to bring positive changes to Verge and additionally raise the price of this coin in the long run.

We will be updating our subscribers as soon as we know more. For the latest updates on XVG, sign up below!

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.

Image courtesy of coinmarketcap.com

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. One of the ways to have a successful…

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…

Continue Reading

Trending