Even if VOX didn’t exist it would be only a matter of time when this type of cryptocurrency would appear. Virtual reality is grabbing as much attention as digital currencies are receiving, although digital coins are drawing more interest these days, especially with predicted value increases and crypto investment craze. Voxels is the first and most popular cryptocurrency currently dealing with virtual reality and VR, which makes it one of a kind in the world of crypto values. But, does it make it one of a kind when it comes to investing and where does Voxels stand on the list of most wanted and most promising currencies? Let’s find out what Voxels is and how it can compete with the big coins.
Voxels and the Voxelus
The Voxelus is a blockchain based platform that merges VR and cryptocurrency technology. The platform is made to enable all users to get easy access to VR and 3D games and applications. The best thing about this platform is that it brings a sort of revolution not to sound too dramatic because this platform allows users to create and use different VR applications and 3D games without even knowing how to code or program. All content available on the platform can be modified, shared, distributed, purchased, resold and played without a single line of code included from the party that is using the content, making access to VR apps and 3D games easier and simpler than ever. The platform also has features that include real-time applications that allow users to play content that is currently being used by the latest VR technology, like Samsung VR or Oculus Rift.
You can easily purchase any available game or application then use that game or app anytime you want as it immediately becomes available at all times after the purchase. To make purchasing and trading easier, the Voxels platform had to come up with a digital coin that would support the idea of having a decentralized community where VR and 3D game enthusiasts can enjoy different apps and games, creators of Voxelus have come up with a digital currency known as Voxels or VOX.
The Voxelus platform has a marketplace, called Voxelus Marketplace that allows users to surf and explore through the library that contains different games and apps posted for purchase by designers and d creators, having a variety of games and apps all in one place. With owning VOX and having access to the Voxelus Marketplace, you can easily purchase, store, share and play any game you like. Besides from games and apps, you can also purchase over 7000 different 3D models, images and graphics. Although purchases can only be made with Voxels, which is the only monetary value currently being used on the platform. Whenever you purchase something, regardless of what you have purchased, the bought item will be immediately available in the Voxelus Creator which is a part of your account that features anything you have on the Voxels platform, so you can easily access all of your purchases at any time.
The Voxelus platform is growing every day as new content, models, characters ready for multiplayer, games and apps are being uploaded every day, making 3D and VR content widely accessible. Especially from the time the Voxelus platform has partnered with Flatpyramid, which is an online network or rather marketplace involved in discovering and distributing new digital, 3D and VR content.
To make Voxels into a functional digital coin that would be enabled for operating across this platform, the Voxelus creators used Litecoin core for their coin, adding improvements in the form of extra security and upgraded verification. In addition to improved security, the coin is made to be functional and easy to use, tested for usage and having all user-friendly features checked before being let out in circulation for exchange. That way the Voxelus platform and 3D content exchange can work impeccably.
Voxels is also available for mining where miners are getting 0.1voxel mining fee utilized with every transaction, which makes this coin more desirable in addition to its original purpose within the platform.
Where is Voxels at Now?
Voxels is currently trading at 0.53$ per one coin with the latest increase of 9.18% which initially brought the price up for this coin. The price is still under one dollar, but this coin is undoubtedly and steadily going up in favor of the Voxelus platform. The thing about the Voxelus and its coin VOX is that this platform is the first blockchain platform to be dealing with distribution and promotion of VR and 3D related products, making the process of purchasing and building virtual reality apps easier than ever. So we can easily assume that this coin along with its patron the Voxelus Platform has a bright future installed for the time to come. As VR is getting huge pluses when it comes to popularity and general interest, we can assume that Voxels will obtain further increases in value as it will become more popular and consequently more interesting for investors in case the price per one coin continues to rise. But, with the current market cap of total 111.3 million dollars and with over 210 million coins in circulation, although slowly making progress, this digital currency along with the Voxelus Platform seems to be doing very well at the beginning of 2018. If this year is to be as fruitful for digital coins as predicted, Voxels is sure to join the team of potentially profitable investments.
We will be updating our subscribers as soon as we know more. For the latest on VOX, sign up below!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.
Image courtesy of coinmarketcap.com
Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC
The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.
The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.
Musk’s Tweets also impacted Dogecoin’s price
Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.
He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.
ur welcome pic.twitter.com/e2KF57KLxb
— Elon Musk (@elonmusk) February 4, 2021
Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.
But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
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…
Wisebitcoin Launches Professional-Grade Crypto Exchange
Infrastructure is developing rapidly in the cryptocurrency industry, but the recent launch of the Wisebitcoin cryptocurrency exchange is nonetheless significant in terms of the immediate value it provides to cryptocurrency users. That’s because the exchange has had a beta version available since 2018 while continuing further developments in stealth mode, and already serves over 1.2 million end users with $6+ billion in 24 hour trading volume at the time of its official launch.
In addition to the large user base and deep liquidity, Wisebitcoin also stands out by offering up to 100x leverage to margin traders, with the ability to open a long or short position in their futures market. In the current bullish environment, leverage is a key way that experienced traders increase their exposure and try to profit from volatility.
For example, if a user opened a long position on ETH on January 2nd at a price of $750, they could have greatly multiplied their profits with even a small amount of leverage such as 5x as ETH reached over $1,100 within 48 hours. A simple unleveraged position would have netted $350 in profit, but a 5x position would have netted $1,750 and a 100x leveraged position would have netted an incredible $35,000 in profits from an initial investment of just $750.
Beyond leverage, Wisebitcoin additionally offers a simple and…