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Verge (XVG) Technical Director Brandon Simons has released a comprehensive account of the origin of cryptocurrency and its involvement with initial development and marketing efforts. In a post on his media page, Simons who plays internet sopriquet CryptoRekt revealed that his interest in cryptocurrency began in October 2009, when he discovered bitcoin, which he extensively extracted for the next two years.
After a hard drive crash in 2011, which saw him losing thousands of BTCs, he became a regular Reddit r / CryptoCurrency forum that served as a support group for people with similar stories. The loss, he said, was where the nickname "CryptoRekt" came from. It was during this that he was involved in a private money project known as DogeCoinDark (DOGED), which would later be rebrand as Verge (XVG).
Starting from a small team with just over 120 active users in an IRC (Internet Relay Chat) room, DOGED has slowly built its vision of enabling private peer-to-peer transactions, possibly rebranding as Verge in an attempt to obtain a more widespread appeal. According to Simons, the marketing effort of Verge in the early days included the "shilling" of social media and mentions on Radio Crypto, which at the time was one of the most important multimedia channels in the cryptographic space.
Privacy Coin Verge succumbs to 51% attack [Again] https://t.co/4QPqDuSknR
– CCN (@CryptoCoinsNews) May 22, 2018
From darkness to the market and vice versa
For a while, Verge remained relatively obscure within the cryptographic space until the release of the "BlackPaper" white paper in June 2017. Shortly thereafter, Simons started to put together a distributed global team that worked to support Verge and promote it practically bono basis, given the relative lack of project resources compared to other ICOs at the time. According to him, this group of people, now known as the Verge Core Marketing team, has grown to around 40 in total.
Explaining the importance that Verge has for him on a personal level, Simons said:
Verge is really something special, decentralized, has a wonderful community all over the world and has a team of passionate people who just want to see it succeed – all the necessary ingredients for a successful project. What does Verge mean to me? Freedom. For me it is the freedom to contribute to create and model something that can truly provide a means for people to be able to retain some of their personal lives and not have to worry about sacrificing a basic human right; privacy, whenever they want to make transactions for goods and services.
The complete blog post is available here.
Shutterstock foreground image. Simons photographs from LinkedIn.
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