Hello people,
Some time ago, I wrote about an article about where I see GenesisX going and the updates. I'm happy to say that there's a lot more positive changes/updates in the works.
Latest Updates
- Governance Update
- Wallet GUI & Mandatory Update to 1.3.0
- Listing on Coinmarketcap
- XGS Storage updates/fixes
- Tom's recovery from illness
- Overall, a general upswing on activity, price, action, and communication
Today, I wanted to talk about the XGS Storage Solution. Very simply, it allows you to upload files and allows it to be stored. As of now, the max space is 1 GB. Soon enough, there will be a payment gateway to that people can use this. Why is this important? It's because it is utilizing the #blockchain to store files. Sounds fancy, but here's what you get:
Security & Privacy
This is important because unlike the big names in file storage, such as Google, your privacy can be at stake. What you store can be accessed by Google and any 3rd party they allow. That's what make this type of solution that much more valuable.
Here are some images of what it looks like:
As you can see, it's still bare bones, but is that a bad thing? To me, this hearkens back to the time when Google originally started with a minimalist approach. We have some great updates on the horizon. Also, if this doesn't tickle your fancy and you're just interested in #passiveincome then the rewards are great, considering the bear market we are in.
$15 a month is still profitable, even if you use Vultr or DigitalOcean. What's more, is that with development scaling up fast, I think we have hit our bottom and we'll be seeing an upward trend/movement.
Conclusion:
Do your own research, as always! My opinion is that this project not only has value in terms of the masternode income you get daily, but also value in it's blockchain storage solution. Immense potential. If you are on the fence on this one, definitely buy it at this price while you can.