An anonymous peer-to-peer transactional ecosystem TokenPay, , has tweeted that their highly anticipated bank deal with a leading German financial institution has been signed several weeks ahead of schedule.
The nature of the signing remains undisclosed until the agreement
has been closed, that is when the full information be released according to TokenPay,
however TokenPay has confirmed that debit cards which are made for use
specifically with Verge (XVG) and the platform’s native token, TPAY, will be
available for consumers shortly after the deal becomes official.
Our bank deal in Germany as outlined in the #TokenPay Ecosystem Report has now been signed, several weeks ahead of schedule. We expect closing to occur by the end of next week and an official announcement to follow. $TPAY and $XVG debit cards coming soon🥂 https://t.co/YvKQFEVwV4— TokenPay (@tokenpay) April 26, 2018
TokenPay and the Verge recently teamed up in a controversial
crowdfunding campaign related to their securing of a Mindgeek partnership, the parent company of pornography
mainstays Pornhub and Brazzers. TokenPay contributed 66,500,000 XVG tokens to
the campaign. It can only be expected that any good news for TokenPay is good
news for the Verge currency as well.
The TokenPay platform is completely
decentralized, powered by the staking of TPAY tokens,
which increases the efficiency of transactions and lowering its fees as more
tokens are staked. They claim to have the only Android Bitcoin wallet available
that operates in this manner, called ‘Proof-of-Stake’.
Both the Verge currency and the TokenPay platform give the user
the option of having transactions appear on a public or private ledger, the
latter utilizing the untraceable TOR network – which boasts the ability to make
all transactions completely anonymous.
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