Now before we get started. I don't care if YOU think XVG is a shitcoin. That is not relevant to the following thoughts.
As you probably know by now, Verge will be announcing a new partnership on the 17th of April, 2018. There has been a lot of speculation as to who this mystery partner could be, including names like Amazon, eBay and Mindgeek to name a few.
Justin (Vendetta) Sunerok put out an important update on March the 22nd (via twitter) stating that Verge had a potential global organisation with a vast network of high traffic sites, looking to enter the crypto world as a means of having fast, secure and private transactions. That could reach an audience to the order of hundreds of millions.
If you haven't heard of MindGeek by now then it is important to know that they own multiple porn sites including PornHub, Xvideos, redtube, youporn, tube8 and brazzers to name a few. They are reported to have a daily transaction volume of $500k USD. DAILY!!!
Now, it becomes pretty obvious why a company like MindGeek might want to include a fast and private payment option.
I also believe a company of such an industry might be less deterred by XVG's somewhat controversial recent past compared to companies like Amazon that may thrive on their shiny image. Not to mention that the lead Dev. Sunerok has some minor criminal blemishes.
It would also make sense for a company like MindGeek to negotiate an amount of money for initial payment integration and marketing, where as Amazon for example could probably just develop their own blockchain payment sollution. Or just acquire an existing one outright.
As far as I can discern, MindGeek seems to be the best fit to the information that has been given so far.
Now, for those people that want to bash XVG and label it a shitcoin. Your opinion is basically irrelevant if XVG pulls off this deal. And IF it turns out to be as big as they have stated, it will be huge and could easily see XVG in the top 3 market caps. Sure XVG isn't technically the best privacy coin. Sure their marketing has been useless at best in the past, but that matters very little if they pull of the first real life mass usage of a cryptocurrency.
Thanks for reading! Please leave a comment below and let me know what you think.
Cheers.
