Verge is all set to get into another partnership and further strengthen their collaboration with TokenPay as the latter announced a potential partnership with an Amsterdam-based retail outlet. With XVG price currently in the green but severely down from its last month value, this partnership might accelerate its prices again.
A potential partnership coming up
Verge entered into a partnership with TokenPay in mid-April as it contributed 66,500,000 XVG to the Verge crowdfunding campaign. As TokenPay announced in its official blog, this contribution was done
“in order to secure a major deal for the coin and solidify a strong lifetime partnership that will ultimately benefit both the TPAY and XVG community.”
At that time they have maintained that the goal is to become the top 10 contenders and “nobody will be sleeping until this objective is achieved.”
Moreover, it has also been stated that both of the communities will work together in harmony to “advance each other’s product goals and development.”
The latest development toward this step is the partnership talks with a store as Tweeted by TokePay.
Talking #crypto payments with the CEO of @Patta_NL. What a great fit for our partner @vergecurrency and its?$XVG coin. Young, hip and edgy artistic brand. Hope to integrate the #TokenPay Multisignature Transaction Engine for DIRECT Euro settlements driven by our financial system pic.twitter.com/P93v2XdgeD
— TokenPay (@tokenpay) June 9, 2018
A Twitter user Garungns commented: “Great! Strong partner between Tpay and XVG.”
While another Twitter user, Ayinde Nurudeen commented: “Jump in now before this goes to the moon this is gonna change the whole crypto communities.”
Jason Griffin, another Verge enthusiast commented.
Patta is an Amsterdam-based store that deals in clothes, footwear, and accessories. A partnership with a retail outlet will further take Verge mainstream after PornHub and provide it more exposure while increasing its adoption.
XVG price feeling the greens
Currently, Verge is up by 3.25 percent and sitting at $0.0385. With a market cap of $580 million and daily trading volume of $10 million, Verge has managed to maintain a good run in the market.
Today, as the crypto market got to see the bulls, XVG price started the day from $0.0371. Talking about its performance from last week, Verge is certainly down as it was at $0.0400 on June 2.
In the similar fashion, a month back, verge has been at $0.0734 which has taken quite a dip. However, with this new development, if it does gets finalized, Verge price just might be up for a revival.
What are your views on this potential partnership? Share your thoughts with us!
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.