Initially, it seemed like a typical business merger, but the partnership between Verge (XVG) and PornHub certainly has more to it. Since the announcement, the upcoming altcoin has been in the headlines. The collaboration, worth a reported 75,000,000 XVG, stipulates that the adult content website will start accepting XVG as a means of payment for its video streaming services. Besides the word on the street, this lucrative collaboration has also caught the eye of other potential partners to Verge, such as TrafficJunky.
From a business perspective, the partnership with PornHub is a major milestone, since the platform is unrivaled in the adult entertainment industry. Consequently, this deal has significantly increased the exposure and usage of XVG, which is still an upcoming coin if you consider its market capitalization. Moreover, verge has been a hot trending topic in leading social media platforms ever since the news of the merger became public.
By the look of things, the PornHub deal triggered a ripple effect, which could spur a substantial number of enterprises to ponder the possibility of partnering up with Verge. First on this list is TrafficJunky, a company that has already agreed to a partnership with XVG.
— TrafficJunky (@trafficjunky) May 4, 2018
Although PornHub is an affiliate of TrafficJunky, the primary reason behind the agreement was because the company analyzed the performance of Verge and noted that it has a promising future. There are also reports of Spotify being on the list of XVG coin acceptance.
TrafficJunky is a global force in the world of product promotion, with a remarkable daily impression rate averaging 1 billion. These massive numbers are as a result of the implementation of targeted marketing strategies. In the near future, all TrafficJunky clients will be able to make payments using XVG. This could not have come at better time for the cryptocurrency, which is still reaping the fruits of its hugely successful crowdfunding event that was held immediately after the validation of the PornHub deal.
The future of XVG
Overall, digital currencies have plummeted in value in recent times, with most of them losing their value against the US dollar, as well trading in the red zone. Unsurprisingly, XVG is also losing its ground against fiat currencies, despite being in the green zone for a certain period. Presently, XVG’s dismal performance also extends to its value with respect to that of BTC.
Nonetheless, experts predict that XVG will overcome this stumbling block and even surpass its record $0.22 value that was set back in December last year. This is hardly disputable, given the traction that TrafficJunky is expected to bring along.