It is safe to say that the team at Verge (XVG) is firing on all cylinders and has made up for the debacle of December 31st. For those who are not aware of this event, Wraith protocol was slated for release on New Years. The buzz and excitement in the Crypto-verse was evident as everyone was hyped for the New Year and the New possibilities of the privacy promised by the Wraith.
What then happened was a case of confusion due to time zones and which would be used as a reference for an exact release time. It was determined it would be Florida time (UTC – 5) and everyone was excited to the point of XVG reaching record levels of $0.23 that night. But Wraith was not released until the 8th of January. But the damage had been done and XVG fell to $0.061 by January 17th: a drop of 73.4%.
However, as mentioned, the XVG team has learnt from its mistakes and has been delivering promise after promise.
One exciting promise that was kept was the release of a new and improved Verge (XVG) website. Just by looking at the color scheme alone and the layout of the new site, one can tell that they mean business in terms of private transactions on the blockchain.
Also to note, is a fund drive initiated by the team to further development of the project in different aspects. You can donate to their efforts as the project is not for profit to the point of the team coming out of pocket for some Verge project activities. They more or less work pro bono but are emphatic about the Verge community helping to raise funds. You can donate to the following XVG address: DLv25ww5CipJngsKMYemBTBWH14CUpucxX
The donations will help cater for marketing, Ledger Nano S integration, enabling the Wraith Protocol on iOS wallets, partnerships with large scale companies and adoption of the currency and protocol in real world applications.
At the moment of writing this, the fund drive has received 19.47 Million XVG valued at approximately $811,000. Very impressive indeed!
In conclusion, the Verge (XVG) project is really gathering some considerable steam in terms of developments and increasing communication to the Verge Community. They should be hailed as an example of how a team can learn from its mistakes and come out looking better and stronger.