Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain options firm primarily based in Hong Kong, has introduced the itemizing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency change on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, permits straightforward minting of digital objects into NFTs whereas additionally offering a market the place anybody can securely commerce NFTs.
The Xeno NFT Hub undertaking crew contains former members of the expertise undertaking Yosemite X primarily based in San Francisco and professionals similar to Gabby Dizon who’s a video games trade knowledgeable and NFT area influencer primarily based in Southeast Asia.
NFT(Non-Fungible Token) expertise has just lately gained big focus within the blockchain area and past, making waves within the on-line gaming sector, the artwork world, and the digital copyrights trade lately. The strongest characteristic of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens similar to Bitcoin or Ether, NFTs aren’t interchangeable for different tokens of the identical kind however as an alternative every NFT has a singular worth and particular data that can not be changed. This truth makes NFTs the proper resolution to file and show possession of digital and real-world objects like artworks, recreation objects, limited-edition collectibles, and extra.
NFTs are already being actively traded in markets globally. For instance, one of many largest working marketplaces ‘Opensea’, just lately recorded roughly US$120,000 in day by day common commerce quantity (DappRadar) and the entire quantity of NFT primarily based artworks reached $US8.2 million in December 2020. This determine is 3.5 instances increased than the earlier file set in November 2020 (Coindesk).
Hong Kong primarily based Xeno Holdings has determined to initially goal South Korea as a significant market due to South Korea’s historical past of quick adoption for brand spanking new applied sciences and the success price for providers and merchandise primarily based on these new applied sciences to achieve a powerful foothold within the market. “We chose the South Korean market as our primary launchpoint to accelerate integration and expansion of the Xeno NFT Hub into various traditional industries. We are forging strong partnerships with high valued fashion brands, online games developers, and entertainment companies to build new lines of NFT products.” mentioned the Xeno crew.
Head of PR
- Kate Wilson
- Xeno Holdings Limited