Verge

Verge(XVG)

Privacy-focused, open-source cryptocurrency. Verge has an open ledger. They use Tor and I2P network to obfuscate IP addresses.
  • Market Cap
    $621.910.635
  • Price
    $0.0414666
  • Category
    Privacy & Security
  • Team Size
    15-25
  • Initial Release
    15/02/2016
  • 10-8 High Potential
  • 8-7 Potential
  • 7-6 Considerable
  • 6-5 Risky
  • 5-0 Scam
Satoshi Rating
  • Product Ratings
    6.6
  • Team Ratings
    5.5
  • Execution Ratings
    5.8
Next Update: June 10, 2018
Product
  • The need for the product ⓘ

    8
  • Total addressable market size ⓘ

    9
  • Product/market fit ⓘ

    6
  • How is the product compared to existing solutions? ⓘ

    6
  • How difficult is to make the product? ⓘ

    6
  • Could this product scale? ⓘ

    8

Team
  • Team's previous experience ⓘ

    6
  • Does the team have a clear vision? ⓘ

    6
  • Is technical team sufficient for building the product? ⓘ

    5
  • Is the team active? ⓘ

    6
  • Is the team size big enough? ⓘ

    7
  • How is the team growth? ⓘ

    7

Execution
  • Could this team get the product into a market? ⓘ

    6
  • Could they do it in time? ⓘ

    5
  • Did they meet previous deadlines? ⓘ

    6
  • Is the marketing strategy sufficient? ⓘ

    8
  • Team’s previous achievements ⓘ

    6
  • Strategic partnerships ⓘ

    7
  • Current market size ⓘ

    6
About Execution
Verge announced a partnership with the adult entertainment giant MindGeek. This is a big deal for cryptocurrency adoption. We are not sure how deep is this partnership is going to be. Raising money for the announcement was something that we haven't seen before.
Editor's note

There is a lot of drama around verge. Volatility in the market is unlike any other. We lost trust in the way developers and community managers handle their work. For a privacy coin, this doesn't paint a good picture.

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We are willing to go over our ratings, if sufficient evidence comes to light.

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Initial Rating: April 27, 2018

Last modified: June 8, 2018