Verge (XVG) – Musing about the Tom, Dick, and Harry of Verge’s crowdfunding, every nitty gritty of the event never seem to stop astonishing me. Starting from airing the statement, the beginning of the event, how people rose up for the donation, the effect of the campaign on the altcoin, and lastly, accomplishment of the task, all amid series of FUD.
The whole thing started with the initiation of the campaign by airing it on its twitters account. A campaign, which succeeded a similar event staged by scammers on its same twitter account after being hacked in a bid to cart away funds. The campaign was outstandingly a strange one ushered with great braveness from owners that never seem to bewilder me.
Amid series of criticism and speculation that the fundraising is also a heist, users and potential investors turned out with great enthusiasm to support the fundraising, although an attractive anonymous add-on was attached.
Within the space of 12hrs, over 10 million coins donation was reached, showing the dedication of the investors. Adjacent to that is the effect of the campaign on the altcoin as the commitment flaunted by the fundraisers rose the coin by 18.74% within the space of 24hrs and lastly is the successful conclusion of 75 million XVG needed within the stipulated date which is what I never envisaged.
“HUGE thanks to our incredible community! we have some amazing news to share with everyone!” this was aired on March 26 prior the disclosure that the fundraising has been reached.
On March 27, after a video was launched by the vergecurrency community on Twitter, Crypto Emporium, a crypto luxury store congratulated the altcoin on the successful completion of the campaign.
“A massive congratulations to @vergecurrency for crowdfunding 75,000,000xvg in just a few days! The #Verge community once again proving its monumental strength and camaraderie. Who’s excited for the ‘Deal of the Century’ announcement next month? #VergeFam”
Prior the campaign, the network made known that if the task is accomplished within the said date, it will unleash a mystery partnership.
“In line with our mission to empower people to bring blockchain transactions into everyday life, we are thrilled to announce efforts to establish the largest cryptocurrency collaboration to hit the market, help us accelerate this crowdfunding effort and reach our target goal.”
“If our goal is met, we will be releasing the name of the company Monday, March 26, 2018.”
Source: Twitter.
Now that mission has been accomplished, the question to ask it what is next for Verge and the potential partnership promised by the network?
Response To The Crowdfunding Campaign Promise.
In the means to answer the daunting question, Verge development team released a video, which stated that the anticipated anonymous statement on partnership promised has been rescheduled and it would be released in a couple of weeks, to be precise on April 16th of 2018.
What’s Next For Verge After The Campaign
Many must have been hoping to hear a new beginning or turn around for the cryptocurrency with the successful completion of its first crowdfunding campaign, although an Angel Investor in a new currency known as TokenPay underpinned the achievement.
TokenPay was said to have financed 66.5 million XVG of the total fund received which can be said to be the majority of the fund, though the total amount realized is still yet to be announced as the campaign is still open for more donation.
Surely, the crowdfunding, by default has increased the number of coins in circulating, trade volume and the market cap of the cryptocurrency. Not to stop at that, the network, following the campaign has peddled numerous improvement.
The video released was full if magnificent promises as Verge touted to begin a new marketing campaign that will be conducted globally slated for the same date as the mystery announcements. The development team has promised that the campaign will help boost the proficiency of the altcoin by improving it positive, giving it an improbable refreshed look.
The team backing TokenPay said the currency is “the world’s most secure coin” and it has been itemized on ListICO.io.
Verge On NetExchange.
Verge has extended it aptitude after being listed on NexExchange, which will grant it more accessibility and broadens the coin’s availability. On the exchange, XVG can be bought directly from your bank account, therefore, buying XVG will be a piece of cake.
Conclusion
As many await the mid-April announcement with the hope that it will put a smile on their face, people are demanding a lot from the altcoin with tremendous expectation that the altcoin will Skyrocket soon.
I hope Verge will be able to meet up their billings.
Although the network is preparing, as it has released its iOS wallet but has mentioned launching date, but we are still wary of whether it can meet the expectation of populace.
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