The Zilliqa (ZIL) token is currently now available on South Korea’s third-largest exchange, Coinone. The exchange made the announcement on the 27th of June of the listing via twitter. The availability of the token on the platform begun on the 28th as many crypto-enthusiasts have been waiting on the release of the second version of the Testnet that will showcase the revolutionary Scilla Programming language.
Scilla has been able to build upon the groundbreaking concept of Smart contracts found in Ethereum as well as to actually show a workable platform for sharding to take place on the Zilliqa Testnet. This will enable any decentralized applications that will be built on Zilliqa to be secure, scalable and be suited for a new class of blockchain applications such as payments, finance, gaming, digital advertising, media and more. These industries will surely benefit from the high throughput already evident on the platform.
The second version of the Testnet has been in development for quite some time now and the team has released it today, June 30th. The new name of the second version of the Testnet is D24 which is a popular durian variety of fruit prized for its creamy texture and bittersweet taste. The team had asked its twitter followers to try and guess what durian fruit it will be named after. This is based on the fact that the first Testnet had the code name of Red Prawn: also a durian variety of fruit.
…A quarter has gone by and we are excited to be sharing with you on #Zilliqa Testnet v2.0 soon (Yes it's going to named after a durian variety this time too. Take a guess which one it will be) https://t.co/jmpqrYxFFn
— Zilliqa (@zilliqa) June 29, 2018
The team is also developing initiatives that will allow applications to be easily built on the platform as well as to migrate to it. The Zilliqa Ecosystem Grant Program was announced earlier this month and will be a pool of $5 Million that will be given to great projects, teams, and individuals to start building tools and applications for the Zilliqa platform. The objective of this is to support and encourage great individuals and teams around the world to start developing tools, libraries, and Dapps for the platform.
Things are really looking good for the Zilliqa project as we enter in the third quarter of 2018. Current market analysis indicates that ZIL is currently up almost 15% at the moment of writing this. The token is currently valued at $0.07 after Bitcoin (BTC) made an impressive rally today, June 30th, and as a result, pulling up the entire market with it.
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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 (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…
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…
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 (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…