January 25, 2021, Hong Kong, Hong Kong, // ChainWire //
Xeno Holdings Limited (xno.live Hong Kong-based blockchain solutions company) announced that its ecosystem utility token XNO will be listed on the’Bithumb Korea’ cryptocurrency exchange on January 21, 2021.
Xeno NFT hub (market.xno.live ) Developed by Xeno Holdings, it is easy to put digital goods into NFT, and it also provides a market where anyone can safely trade NFT.
The Xeno NFT Hub project team includes former members of the San Francisco-based technology project Yosemite X, as well as professionals such as Gabby Dizon, an expert from the gaming industry, and an NFT space influencer located in Southeast Asia.
NFT (Non-Fungible Token) technology has recently gained great attention in the blockchain field and other fields. In recent years, it has caused waves in the field of online games, the art world and the digital copyright industry. The strongest function of NFT is “NFT is a unique digital asset that cannot be replaced or forged.” Unlike fungible tokens (such as Bitcoin or Ethereum), NFTs cannot be interchanged with other tokens of the same type, but each NFT has a unique value and specific information that cannot be replaced. This fact makes NFT an ideal solution for recording and proving the ownership of digital and real-world items (such as artworks, game items, limited edition collectibles, etc.).
NFT is already actively trading in the global market. For example, “Opensea”, one of the largest operating markets, recently recorded an average daily transaction volume of approximately US$120,000 (Dapreda), and by December 2020, the total turnover of NFT-based artworks will reach 8.2 million U.S. dollars.This number is 3.5 times higher than the record set in November 2020 (Coindesk).
Xeno Holdings, headquartered in Hong Kong, has decided to initially use South Korea as its main market because South Korea has a history of rapid adoption of new technologies and the success rate of services and products based on these new technologies, thus gaining a strong foothold in the market. “We chose the Korean market as our main starting point to accelerate the integration and expansion of Xeno NFT Hub into various traditional industries. We are establishing strong partnerships with high-value fashion brands, online game developers, and entertainment companies. Develop new NFT product series.” Xeno team said.
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