Connect with us

FEATURED

Verge XVG Sets Sights on Partnering with Spotify

Published

on

Verge seems to be keen on conquering the world as it has set its sights on Spotify.  Thanks to a thread that started on Spotify’s community page by one of Verge’s supporters, the verge team will likely be going in for the big fish. Verge who recently partnered with Pornhub might just be considering a potential partnership with Spotify.

Although it may seem that the altcoin is leveraging on the hype it gains from presumed partnerships to elevate itself to another level, the hype might not have really been successful as the next target after initiating the verge XVG to the Pornhub platform is Spotify. The Verge XVG is a privacy-oriented cryptocurrency that could make a big impact on the Spotify streaming platform in the future, but then Spotify has not indicated any interest in partnering with cryptocurrency.

Verge might have a chance of the partnership coming to life in the nearest future even though most altcoins do not have the popularity of cryptocurrencies like Bitcoin, Ethereum.  Verge’s Europe Marketing team member, Cees van Dam Tweets about the partnership,

#vergefam , the #xvg partnership idea with Spotify is now marked as a hot idea. Keep voting and show them the power of this amazing community.

We look forward to seeing a boost in XVG’s visibility and a  partnership with Spotify will enhance that. All Verge needs is to get a fraction of Spotify’s 70 Million paying subscribers worldwide and Verge will have a bit of coverage across the world.

 

Do you think the partnership will work? Share your opinion with us in the comment section below.

 

Image credit: Cryptolabpro

 

 

 

Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.
 

Spread the news
Continue Reading
Advertisement
Comments

FEATURED

Bolt secures first ever African Partnership for Cryptocurrency Education

Published

on

Screenshot (38).png

Bolt– a mobile entertainment company based in Germany, has recently partnered with Blockchain Association of Kenya for cryptocurrency education. this partnership seeks to bring  more awareness (education) about blockchain to the people of Kenya.

Bolt is a mobile only entertainment service which seeks to reward over 6 billion people for content creation. The company offers live channels, videos and games. With bolt, users can either stream content in-browers or download via the mobile apps on Playstore and Appstore.

Following the partnership with the Blockchain Association of Kenya, Kenya becomes the first country in Africa to be on the Bolt platform. One of the major reasons for this partnership is to foster Cryptocurrency Education within the country.

 

According to Michael Kimani, who is the Chairman of Blockchain Association of Kenya, “Education is a core theme in our 2019 strategy. We want to make an impact on how our young Kenyans can harness the Potential of Blockchain and address some of the Challenges of youth unemployment facing Kenya today”

With this great feat, the Blockchain community in Nigeria looks forward to a possible integration as part of this laudable project.

Spread the news
Continue Reading

FEATURED

Estonia Regulator has Issued over 900 Licenses to Crypto Entities

Published

on

Less than a year ago, Estonia introduced licensing for cryptocurrency related companies operating in the country. The Northern Europe country is among the first countries in the European Union to formally legalize cryptocurrencies. However, less than a year since the country regulated the sector, it has issued more than 900 licenses. Estonia has adopted a regulation that is crypto friendly. Citizens can file their company in less than an hour on the website of the Estonian government.

A local law firm, Njord, which works with the cryptocurrency sector, recently published an overview regarding crypto licenses in Estonia. Nikolay Demchuk who works with the firm reported that obtaining a license is a quick and easy process. However, it takes about two weeks to get approval. Estonia grants two different types of licenses. Businesses are however required to meet up with some basic terms and conditions which includes, know-your-customer and anti-money laundering regulations. The license is issued by the Estonian Financial Intelligence Unit (FIU). The regulatory body reviews each application within 30 days and grants approval within a period of one or two weeks. Also, a company can have its license revoked if the company has not started operations within six months of receiving it.

The FIU has issued around 500 licenses to companies operating cryptocurrency exchange platforms and over 400 licenses to cryptocurrency wallet providers. Crypto related companies registered in Estonia can operate legally in the EU. Licensed companies are also required to adhere to the local and European laws.

Despite the favourable regulatory environment, Nikolay Demchuk revealed, “Opening a bank account is the biggest problem facing crypto companies. Estonian banks are not yet ready to serve clients operating with cryptocurrency.” Since access to regular banking services remains restricted to Estonian fintech businesses, many of these companies are now seeking services from foreign banks and payment providers.

 

 

What do you think about Estonia creating an enabling environment for crypto businesses with crypto friendly regulations? Share your opinion with us in the comment section below.
Image credit: Pixabay

 

Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

 

Spread the news
Continue Reading

FEATURED

Huobi Global Meets Gemini Co-founders to Discuss Global Synergy

Published

on

Bridging the gap between crypto communities is very important in the cryptosphere. This has lead two leading cryptocurrency exchange operators to discuss on global synergy. The CEO of Huobi Group Leon Li and COO Robin Zhu recently met with Cameron and Tyler Winklevoss Co- Founders of Gemini in Beijing on November 7th. The two operators discussed on constructing a bridge connecting crypto communities in the east and west.

The two prominent operators were also keen on stablecoins and building a flatter global economy. Leon explained the aim of the meeting saying, “Huobi wants to build a bridge between the US and China in the crypto space.” He added, “There are a lot of good digital assets and products around the world, especially in America, and we want to bring them to China. We also plan to bring more awareness about Huobi’s digital assets and financial services in
China to the world.” Leon is also hopeful that there would be further cooperation between Huobi and Gemini.

The Gemini Dollar (GUSD) was incorporated by the Huobi Group last month. Leon and Robin were impressed by GUSD’s stability and its advantages as a stablecoin. The two party run prominent international exchanges and explained the benefit of listing GUSD within HUSD to millions of Huobi Global and Huobi Cloud traders. Huobi has also incorporated True USD (TUSD), Paxos Standard Token (PAX) and USD Coin (USDC) into its stable coin solution, HUSD. The parties spoke on how listing GUSD within HUSD allows millions of Huobi Global and Huobi Cloud traders exposure to it.

Huobi is the world’s fourth largest crypto exchange and a synergy with Gemini will create a bridge for U.S residents to gain access to Huobi’s products. Companies can open their exchange based on Huobi’s model called the Huobi cloud. U.S. residents can also gain access to Huobi’s OTC for over the counter trades.

More traders in the West are yearning for discounted transaction fees, this synergy between Huobi and Gemini will offer the Western markets reduced transaction fees with Huobi’s OTC or Huobi PRO.

Disclaimer:
The Information provided on the website is designed to provide helpful information regarding blockchain and cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading.

Spread the news
Continue Reading

FEATURED

GreenHouse Lab Set to Launch Demochella

Published

on

WhatsApp Image 2018-11-14 at 13.34.30

GreenHouse lab, Nigeria’s first female focused tech accelerator program, set to launch “Demochella”, a demo day where each companies get to pitch the various problems aimed at solving. The launch is set to happen on 17th Nov, 2018 at Vibranium Vally in Ikeja, Lagos, Nigeria, with prominent venture capitalist.

About Greenhouse Lab

Greenhouse lab is a group of five female lead companies comprising “Bitmama”, “Bankly”, “AMPZ”, “Allpro” and “Nicademia” each with different problems they aim at solving.

bitmama.io
 Bitmama is a crypto-fiat exchange that allows customers and trader to buy and sell Bitcoin, Ethereum and other digital currencies in Africa while also offering institutions and professional the ability to trade a variety of digital currencies on a regulated exchange.

bankly.jpeg
Bankly is a global based digital saving and peer to peer transfer product that allows users fund their wallet using tokens available on Bankly vouchers nationwide in a recharge to save model.

ampz
AMPZ is an online media platform that connect the Africa sport ecosystem from grassroots using mobile and web technology with aim to bring Africa 928 million sports enthusiasts together.

allpro

Allpro is an end-to-end lending platform for schools in Nigeria. Allpro’s solution underwrites credit risks for lenders while making financial-access easy for various users in the school ecosystem including school owners, parents and teachers.

nicademia

Nicademia is a video streaming and content distribution animation company for promoting the culture and languages of Nigeria and other African countries with the mission to prevent the extinction of Nigeria and Africa languages as well as create market for Africa Animation.

The main discussions will be focused at each company pitching the various problems they aim at solving and unleashing the potential of Africa. This with no doubt is a remarkable feat as it will cause a great deal of diversity and a great thing that women are getting involved.

The more problem solved, the more impact is being made. So if you are in the neighborhood, join in by registering for free here

Spread the news
Continue Reading
Advertisement
Advertisement

Find Us

Address: 7 Kafi Street, Beside City Mall, Shoprite, Alausa, Ikeja, Lagos.

Hours: Monday—Friday: 9:00am–5:00pm

Contact: +234 817 866 6900

Advertisement
Advertisement

Trending