Verge (XVG): Will Crowdfunding be the Last Piece of the Success Puzzle?


Over the course of time Verge (XVG) has proven to be a purposeful altcoin, with a driven team that has set and achieved great feats, but things have not played out so well for the digital asset. Verge has been in the picture since 2014 and yet it hasn’t managed much success since then.

Verge (XVG) Runs A First Successful Crowdfund

Verge’s latest effort at achieving a long-awaited big break is by crowdfunding. News on the crowdfunding was earlier announced on the official Verge twitter handle in October last year. The crowdfunding started on March 20, 2018, and it took till March 27 for the Verge community to hit the crowdfunding target of 75,000,000 XVG.

After hitting its target at the crowdfunding, Verge released a Video stating that it would be announcing the name of a new partner on April 16, 2018, as well as starting a new global marketing campaign on the same day. Verge has promised that the global marketing campaign would take an all-new look, and perhaps change the way cryptos go on from there.

The crowdfunding is still open for the entire community, and the extra proceeds would be used as additional marketing. TokenPay was the highest contributor throughout the whole crowdfunding campaign.

TokenPay generated 66,500,000 XVG of the initial 75 million XVG. Verge may have had a successful crowdfunding, but expectations are now high, as the Verge community will be expecting considerably change in the tides for Verge.

Other developmental strides take by verge include:

Verge is Now Available on NexExchange

Good news for all the Verge holders, the XVG can now be bought and traded on the NexExchangeIO. With NexExchange, you can now buy your Verge coins directly from your bank instantly with your card to fund your verge wallet. A good lead for Verge, as diverse means of purchase, and exchange is vital for the growth of a digital asset.

Verge (XVG) iOS Wallet

The iOS wallet remains the last of the mobile and Nano wallet to be released by Verge. A short preview of the upcoming iOS wallet was teased on the Verge twitter handle. You can watch the video, no official date for the release of the iOS has been announced yet.

Other Announcements from Verge (XVG)

The new partner Verge is to announce and the release of the iOS wallet is not the only big news verge is keeping for April 16. Verge will also be announcing;

  • A merchandise store
  • Ring CT (this would be giving Verge more transaction anonymity)
  • LedgerHQ Hard wallet Integration
  • TokenPay XVG debit cards

Price and Current Status of Verge (XVG)

As at press time, Verge is trading at only $0.036 apiece. Verge is ranked 26 on the cryptocurrency ranking with a market capitalization of $536,498,987 (USD).

In conclusion

With a successful crowdfunding and all, there is a lot of news around Verge to keep fans and the crypto space excited. Smart contracts are also expected to launch on Verge very soon. Does this mean that the big break for Verge (XVG) is finally here?

Leave A Reply

Your email address will not be published.