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What would you buy when Electroneum (ETN) reaches one dollar?




Electroneum is a very interesting blockchain project that puts most of its emphasis on micropayments and mobility. Mobility is such a core value for Electroneum that its token (called ETN) is mined using an app you can install in your mobile phone or your tablet. It’s as simple as that, and it doesn’t take that much energy out of your battery. Actually, if you install it, you’ll barely notice the difference.

It’s a very young project that’s not getting that much attention. The token is worth $0.0164, and it’s ranked at 53rd by market capitalization. So, it’s not that impressive, right? Wrong. It holds a lot of promise which is why we are writing a full article about it.

Let’s say you start mining the ETN token and hold it for a while until it reaches $1.00USD (which is about 59 times higher than it is right now). What would you buy with it? And what can you do so that the token actually reaches that value?

Well, by the time it reaches that price, adoption will be widespread and you’ll be able to buy just about anything you’d like using the Electroneum (ETN) stored on your mobile phone. You want to pay for beer, cigarettes, or your groceries? You want to buy a house or a nice car? Chances are you’ll be able to do that two years from now.

Now the question is, how do we get there?

For ETN, as well as for any other cryptocurrency in the world, increase in value will come from mass adoption. It will be adoption and usefulness that will change the market. It will be the real economic value that will drive every token’s price instead of speculatory pressure, which is what’s been the main force behind the market up until today.

You can help with mass adoption, did you know that? How? Well, first of all, get some ETN. You don’t have to buy them; you just need to mine some in your tablet or your cell phone.

Once you get ahold of some ETN tokens, the next thing you do is, quite simply, to locate the places that are taking them as means of payment and spend them.

If you are willing to hold on to your Electroneum tokens (ETNs) for the next two years, we can’t criticize that, of course. By then they will be a lot more valuable than they are now, but by using the coins you’re making them useful, increasing demand, increasing trade volume and bringing attention to the token. In other words: spending your ETNs will make them more valuable in the long run.

Remember that this is not a cryptocurrency like Ripple’s XRP which was never supposed to be useful at the retail level (but they are now fixing that mistake). ETN is supposed to be useful for everyday payments from the beginning.

Granted, Electroneum is not accepted by that many businesses in the world yet. But the more it’s used, the more crypto-skeptics will read the writing on the wall and start accepting it as a means of payment.

So. Mine it. Then keep it if you want, or use it. But this is a project whose value will rely on their users, not in the exchange 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.

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), 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 ( ), 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…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



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



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( 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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