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Verge XVG set to be the all-time Privacy Centric Crypto Coin amidst a crowded market

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Verge

Let’s face it; there are thousands of cryptocurrencies in the crypto market at the moment with most of them competing for the attention of the investors by showcasing their unique purposes and features. From Bitcoin the least known crypto coin, it is no doubt that the market has become super fragmented such that there is almost a coin for every purpose under the sun.

But when it’s all said and done, the debate boils down to utility and value that a coin posses. Granted, it can be a frustrating endeavor, if not exhausting, when trying to find the right cryptocurrency to invest in. However, even amidst the noise of numerous cryptocurrencies, there have been a few that have stood out from the crowd, point in case the Verge coin (XVG).

The Verge Coin Team of Developers

Well, the Verge coin development team has mostly been silent in the recent past and for a good reason. The team has been at work building the privacy-centric cryptocurrency with new partnerships such as the one made with adult entertainment industry leaders.

This is only a speck that illustrates the utility that the Verge Coin is achieving in the crypto space. Apart from that, Verge coin’s privacy-centric approach has attracted banks as well. The Verge coin’s claims to improve the Bitcoin Blockchain has not gone unnoticed and with partners such as TokenPay who have made arrangement to issue customers XVG debit cards, there is no doubt that the Verge Coin is here to stay.

What makes the XVG attractive to investors and users?

Well, perhaps one of the most appealing features of the Verge Coin is the fact that it is a privacy-centric cryptocurrency that is built on an open source platform with an aim of facilitating direct and fast transactions on the Blockchain. After all, who wants to use a cryptocurrency without having the comfort of being anonymous? Well, this is essentially what Verge is built upon. As a private centric coin Verge presents an unrivaled alternative especially when compared to Bitcoin

Recent Ranking puts Verge and Bitcoin at par

Speaking of Bitcoin, if a recent research by the Chinese Ministry of Industry and Information Technology is anything to go by, Bitcoin and Verge are pretty much ranked the same. The research ranking that went by the tag “Global Public –Owned Chain Technology Evaluation Index and Ranking” took a study of about 28 cryptocurrencies and ranked them in terms of the level of a coin’s application, innovation, and technicality on the public chain. The ranking, however, proved that Verge is recognized as a useful and innovative cryptocurrency project with a lot more to come in its future development as a privacy-centric cryptocurrency.

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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.

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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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…

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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…

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