An important detail not covered in the post, was the horrible deal Verge made with Pornhub (spent around $4 Million), the primary reason Verge had a collasal collapse in price on announcement day. It has not recovered since. The CEO of the Vice Industry Token (Stuart Duncan) goes into more detail and discussed how his company ( VIT)walked away from that deal because it was bad and not exclusive.
I owned Verge and sold it immediately after the announcement. So glad I did. While most of the other cryptos increased 20-50%, Verge subsequently lost 25%. I am not a fan of a team that does bad deals.