There has been a lot of hype and anticipation over Samsung’s latest flagship smartphone, the Galaxy S10. The inclusion of crypto functionality and a hard is a massive boost for the industry as it could potentially .
This week the South Korean tech giant revealed its partners for the S10 sending one alternative to spike substantially.
S10 Wallet to Support 4 Crypto Assets
The announcements were made at the Mobile World Congress in Barcelona this week when a company representative took the stage revealing that there will be four supported crypto assets for the new . In addition to and , the cold will also be able to a relatively obscure related crypto platform called Cosmo according to the .
The Cosmochain (COSM) is a based dApp for the cosmetics and community. Its ICO was conducted on May 21st, 2018 with a hard cap of 50,000 ETH. The ERC-20 based can be used on the COSMEE rewards based community platform. COSM is given out as rewards to users for creating content, writing comments, voting, and sharing within the platform. According to the the team is targeting the Chinese and Korean markets initially.
On of the Samsung support, COSM pumped 67% from $0.0143 (374 satoshis) to $0.0239 (616 satoshis) as volume surged tenfold. COSM is predominantly traded on the Korean CPDAX exchange in KRW with over 70% of the total volume. It makes sense that a Korean tech company would support a Korean crypto project.
Enjins On, Buckle Up
The other supported was revealed to be Enjin Coin, a founded gaming based crypto platform. The company ethos is to decentralize gaming by tokenizing items and bringing fairness and purpose to gaming; “To enrich gamers’ experiences, protect them from malicious players, and enable them to truly own their items and characters.”
The Enjin Wallet will reportedly be installed on the Galaxy S10. The platform can be used to send and receive ERC-20 and crypto game assets. In response to the announcement, the ENJ went to the moon surging almost 200% from $0.0362 (954 satoshis) to $0.1083 (2819 satoshis). It has since pulled back a little to below ten cents.
1-Day Enjin Coin Chart (Source: Coinmarketcap.com)
The move has pushed Enjin Coin up the market cap charts to 60th spot with a cap of $66 million. currently has the majority of trade volume at over 60%. Unsurprisingly Korean exchanges Bithumb and Upbit are also up there with 25% of the total between them.
It was also recently revealed that Taiwanese smartphone giant HTC will begin for its EXODUS 1 centric model. It has also partnered with Opera Browser and added support for multiple dApps including Decentraland which is also pumping today with a 40% surge.
Image from Shutterstock
Published at Wed, 27 Feb 2019 10:13:46 +0000
