Sirlibz
Verge (XVG), a cryptocurrency designed with an aim to be used in the day to day transactions has partnered with MeconCash. MeconCash is a cryptocurrency platform used for payments, rewards and transactions of online and mobile services. It’s based in Korea.
WHAT TO EXPECT
MeconCash offers a wide range of uses. They have a payment system, digital content (Games and apps), and e-commerce among other services.
Through this partnership Verge will be accepted in all 13,000 ATMs powered by MeconCash in Korea. Verge can also be withdrawn to Korean wons from any of the 13,000 ATMs in South Korea.
Verge can also be used for payments in games that accept M.Pay rewards, a reward system that allows coins to be used for payment, rewards and cash withdrawal both online and offline. Verge will be used for shopping and exchange on the Mecon mall, an online e-commerce platform.
MeconCash is a top blockchain company in Korea and as such offers Verge a wide reach and exposure to the Korean Crypto community. Verge on the other hand offers MeconCash a wide range of new international users of the system.
What’s to Come
Since it’s creation in 2014 as DogeCoinDark and later rebranded in 2016 as Verge, XVG has striven to create partnerships that will enable it’s everyday use and make it more liquid by creating different use cases. Verge also has partnerships with important international organizations such as Manny Pacquiao Foundation and Mindgeek.
Verge founder Justin Vendetta views the partnership with MeconCash as a fantastic new use case for XVG and hopes to get XVG on all ATMs on the planet.
The core team views this as a small step forward. On the other hand, the community and investors view it as a large step for the future of payments and for XVG.
