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Tron DApps TronBet and TronDice make it to GoDapp

January 10, 2019 by Ali Qamar

GoDapp is a Chinese-based website that catalogs and offers access to decentralized apps in three blockchain projects: EOS, Tron and ETH. It currently features 114 EOS dApps, 146 for Ethereum and 32 for Tron.

Decentralized applications are computer programs that use blockchain technology to run over a decentralized network. The decentralization ensures safety, reliability, and lack of interference by any central authority.

DApps are critical in second and third generation projects. When the first blockchain in history came online (Bitcoin) it had the sole purpose of creating the world’s first cryptocurrency. Then Ethereum came along. Vitalik Buterin (Ethereum’s creator and current leader) found a way to create not only a new cryptocurrency but also a programmable platform in which applications could run.

Most importantly he invented the idea of smart contracts which are contracts that deliver on their own terms once the given conditions are met. In other words, decentralized apps are as defining of the newest blockchain networks every bit as much as the native token they have.

After Ethereum invented the blockchain programmable platform (with applications and smart contracts included), other blockchain projects have appeared that allow for developers to also create that kind of programs but in a faster network with cheaper costs. Among those are Tron, Cardano, EOS, Stellar Lumens, just to name a few.

When Tron became independent of Ethereum, last June, its new main net had such amazing features regarding speed and costs that many crypto observers soon started to write about the new “Ethereum killer” because the pioneering second generation blockchain was (and remains) plagued by performance problems and high gas costs that are robbing its fans of their former enthusiasm.

But Tron has not killed Ethereum yet. Neither have EOS, Cardano, or any other network. Why? Because Ethereum arrived way earlier than everybody else, and inertia matters everywhere in the universe. More time means more development, more development means more apps, and more apps mean more users.

One of the main reasons Tron has not beaten Ethereum yet is, quite simply, that Ethereum still has many more decentralized applications and smart contracts running.

Tron is investing a lot of money in incentivizing its community developers to keep creating new apps so that it can finally compete with Ethereum in that regard, and that’s why today’s news is relevant.

#TRON #Dapp #blockchain #GoDapp
DO NOT forget games on Tron! Now, TRONbet and TRONdice are included in GoDapp!😉@TRONbet @tron_dice pic.twitter.com/6sumCHXphL

— GoDapp (@Godapp6) January 8, 2019

A couple of days ago, the GoDapp platform added TronBet and TronDice (two gambling and gaming apps based on Tron) so that now you can use them from there, more easily.

Tronbet has over 2280 users as we write this article and it’s grown by 11.24% over the last couple of days. But many other Tron apps are available as well: TronVegas, TronDice, DiceBet, TronFun, TronBlock, and TronWin among others.

Tron remains a very young project, but it’s making progress very quickly, as shown by today’s news. So it’s only a matter of time until the Tron’s developers community comes up with more apps and contracts so that the network becomes more useful and interesting for both crypto aficionados and neutral observers alike.

Image courtesy of PixaBay.

Filed Under: Tron Tokens, Tron News Tagged With: DApp, Tronbet, TronDice

Justin Sun calls for votes on Tron’s proposal No. 15

January 10, 2019 by Ali Qamar

Tron is one of the most ambitious and complicated blockchain projects in the world. It aims to use its state-of-the-art third generation blockchain network to decentralize the web completely. It was founded by Justin Sun (who already has a track record as a successful technology tycoon, and as Alibaba’s founder’s protegé) who still leads the project and it’s made a great deal of headway for a project that’s been online for barely 18 months.

Tron is a programmable platform that allows for the creation of smart contracts and decentralized applications, and launching other cryptocurrencies based on Tron’s TRX technology. Starting your own coin based on Tron is exceedingly easy as all it takes is a few clicks at the Tronscan website.

Unlike Ethereum which has only a single technology for issuing tokens (the initial Tronix coin itself started based in Ethereum, as was EOS), Tron offers two different technologies: TRC10 and TRC20. Both kinds of tokens can be traded for TRX at Tron’s decentralized exchanges. The difference is that TRC20 is more sophisticated and versatile than TRC10. But even if TRC10 tokens tend to be more basic, they will be very important soon, and we’ll tell you why.

Amongst Tron’s and Mr. Sun’s strategic moves is BitTorrent, the world’s largest decentralized network. Tron bought BitTorrent and is currently working in Project Atlas. It’s a project that will merge the BitTorrent network into Tron’s blockchain and community, and that will use a new Tron-based token (called BTT) to reward BitTorrent users for seeding their files for longer times.

And this is why TRC10 technology matters. The brand new BitTorrent Token (BTT) will be a TRC10 token so making the whole TRC10 technology more versatile is critical in making the merger between Tron and BitTorrent successful.

And that’s exactly what Mr. Sun is trying. Today, he used his Twitter account to ask the community to vote on proposal #15. Let’s see his tweet:

I have submitted Proposal #15 to allow the TRC-10 token transfer in smart contract, which will be effective on 1/11/2019 8:00 PM(UTC), please vote for proposal #15. #TRON #TRX $TRX https://t.co/I0lwHKyeJr pic.twitter.com/SG1Dyl5Vxg

— H.E. Justin Sun 孙宇晨 (@justinsuntron) January 9, 2019

Every Tron community member has a right to vote (as long as he freezes his TRX tokens for some time) on any issue available at tronscan.org, and that includes the super representative election.

Having TRC10 tokens available for transfer in smart contracts is critical in potentiating the marriage between BitTorrent and Tron since the economical incentivization will come in the form of a TRC10 token.

But it’s not just for BTT. Every TRC10 token will become more useful as the new initiative will allow them to be integrated into all kinds of decentralized apps and smart contracts.

Tron and Mr. Sun keep delivering exciting news to the cryptoverse and, as a result, this is one of the very few tokens that has managed to grow when most of the market is going backward. Even after today’s sudden crypto bloodbath, it’s currently trading at $0.024688, and it’s ranked 9th by market capitalization.

Tron is moving forward quickly. Do not be surprised when the next bull run comes to the market, and then you see Tron leading the way.

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: Justin Sun, TRON (TRX)

LoveHearts token migrating to Tron TRC20 technology

January 9, 2019 by Ali Qamar

The TRC20 technology is one of two Tron-based cryptocurrency technologies (TRC10 being the other one) that any Tron community member can use to issue his/her very own cryptocurrency or ICO, much in the same way in which Ethereum also allows almost anybody to create a new coin. Even Tronix, which is now independent, started life as an Ethereum-based coin.

Yesterday LoveHearts, a very particular cryptocurrency, disappeared from all decentralized cryptocurrency exchanges because it started the process of migrating from its current technology to Tron’s TRC20. So not to worry, the coin is still there, and it will resume trading as soon as the migration is completed, but you won’t find it in the market for now.

https://twitter.com/LoveHeartsToken/status/1082638587441627136

It’s a digital asset that you can send in a Twitter or Telegram message to anyone you want. “Sending LoveHearts shows you really care” according to the coin’s website.

The project calls its users the “Heart Army” and it encourages them to send some tokens in Twitter instead of just giving likes in Twitter.

You may think this is cheesy at first, but it actually has a use case. LoveHearts has a strategic partnership with HummingPay.io (a remittance service that has also partnered up with Tron), so those LoveHeart tokens can indeed be turned into actual fiat money.

Also, there is the LoveHearts Lounge. It will be an online shop in which you can trade your tokens for goods and services. It will all start with a British sweet manufacturer that is very well known for its involvement in charities and charitable causes. That partnership is supposedly already in the bag, and more agreements are expected to follow soon.

The digital asset’s current supply is of 2 billion tokens after several token burns have taken place.

The TRC20 migration means that LoveHearts will join the Tron ecosystem in full so you’ll be able to trade it at Tron’s decentralized exchange for Tronix (TRX) tokens or for any other of the Tron-based tokens available. That, in turn, will enable you to join many of the other Tron-based projects and websites in which you will be able to do lots of things like playing online games or to gamble online at fair odds.

LoveHearts has been around since October 2018, and it’s been very active since then supporting some charitable causes. It became listed at two exchanges this month, so now it has a price determined by supply and demand.

Further plans for the project include a 60 million token donation to a charitable cause next month, and to keep selling tokens for the next two months until it reaches a 5 million TRX soft cap.

It currently has 130240 users, with 1,131,879,563 tokens in circulation. The total number of coins is 100 billion, but 80% of them are frozen and shall remain so until next year. The available supply is of about 2 billion because 18 billion coins have been burned so far.

It’s anybody’s guess how LoveHearts will do in the cryptosphere. It’s a bit like hallmark cards turned cryptocurrencies, but as long as it’s associated with the Tron token technology, it will be a useful asset for sure.

Image courtesy of PixaBay.

Filed Under: Tron Tokens Tagged With: LoveHearts, TRC10, TRC20, Tron Tokens

Tron (TRX) available on ELLIPAL’s cryptocurrency wallet

January 9, 2019 by Ali Qamar

What would a day in crypto be without news from Justin Sun? Tron’s CEO and founder knows for sure how to make waves in the cryptosphere, and he’s very adept in PR, especially when it comes to using his Tweeter account effectively. He’s very much like Donald Trump in that regard except that people tend to like and respect Mr. Sun.

The start of 2019 is not an exception. Right before the new year was about to start, he tweeted an announcement:

#TRX is available on @ellipalwallet, a mobile-oriented and one-stop solution for digital assets. It allows users to effortlessly but securely carry out daily transactions, exchanges, payments, as well as get market information and news. #TRON $TRX https://t.co/IkydQN0z0m

— H.E. Justin Sun 孙宇晨 (@justinsuntron) December 28, 2018

What is Ellipalwallet? Well, it’s one of those nice crypto toys, as described in Mr. Sun’s tweet. This one is made by Ellipal, and it’s a cryptocurrency wallet that looks very much like a cellphone, except that it’s not.

Ellipal Limited is a blockchain technology firm founded in Hong Kong in 2017, with a strong focus on digital assets. Its mission is to connect people into the cryptoverse safely and conveniently. They have a tool to achieve this. It’s a next-generation hardware wallet for every possible cryptocurrency user.

The company’s next-generation hardware wallet is mobile, and it’s designed to be a one-stop solution for crypto coins of all kinds. Any wallet user can do transactions, exchanges, and payments safely without effort. But also can be informed about the market’s conditions, information, trends, and news.

Since this wallet appeared in the market, it’s found its way to 30 different countries, and it has users the world over.

This is yet another piece of good news for Tron, a project that is quite used to report good news all the time. Every milestone announced by Tron’s leadership has been met on time, and it’s worked perfectly. This is contrasting with other projects (like EOS) that have announced several milestones throughout the last 12 months only to delay them or roll them back because they just don’t work properly.

Tron’s Tronix coin broke into the world’s top ten cryptocurrencies by market capitalization only last December. That was quite a feat in a year in which almost every asset lost lots of value (some lost 90%).

In that environment, Tron managed to keep growing and gaining value, at least in relative terms. And now, Tron is not only in the top ten but in the top nine and the last 24 hours; it’s the only token that’s been trading in significant green numbers.

The year is only starting and there’s already plenty of good news for Tron. And wait until Project Atlas mergest the world’s largest decentralized network (BitTorrent) with Tron’s blockchain. Great things are afoot for Tron, the project and the digital asset and it’s still very cheap at $0.028. It was the only coin that traded in double green numbers yesterday, and only a few days ago it was at around $0.01.

Keep an eye on Tron. The token may be cheap, but the fundamentals are strong, and when the bulls arrive again in crypto, it could be Tron who leads the way (along with other fundamentally strong coins such as Ripple or Electroneum).

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: Crypto Wallets, TRON (TRX), TRX

PLAY GOC makes vital announcements for LoveHearts and TRC10 WIN holders

January 8, 2019 by Naveed Iqbal

Part of the recent strides of Tron is the production of a token-based incentivized gaming platform known as PLAY GOC. This is a platform where Tron users can play and create games with their various tokens. At the moment, the platform boasts of 5 live games and a multi-token mining system for its users.

Play GOC platform recently made an important announcement on its official Twitter page for LoveHearts and TRC10 holders that it will pause LoveHearts deposit and withdrawals and TRC10 WIN swaps until TRC10 support resumes. That’s finished now, already. The official statement reads

“The second proposal to allow duplicated names for trc10 tokens is passing, which will cause disruption for trc10 tokens across the network. To prevent errors we are pausing lovehearts deposit and withdrawals and trc10 WIN swaps until trc10 support resumes. ”

The second proposal stated by PLAY GOC from the aforementioned tweet is seen as the change Tron is bringing into its system, and that’s only to prevent big issues that have to do with the withdrawals and deposits of Loveheart tokens. As promised, PLAY GOC paused withdrawals/deposits for a very short time and that’s a done thing as we write this.

https://twitter.com/PLAY_GOC/status/1082832571426197504

PLAY GOC was created towards the end of last year, 2018, but it had some hurdles to jump; the platform has promised that great things will kick off this year. The platform’s Telegram group earlier revealed that mining is being tested and will be ready on the 5th of January, 2019 UTC (so that’s done now, too).

As of today, PLAY GOC users can now mine and play games to earn RWD tokens (or deposit 1 million PLAY or more to get RWD airdrops), which they can redeem for their share of the pot of PLAY, GOC, and TRX. It is necessary for all users to note that the weekly timer of the pot started on Monday.

Subsequently, daily airdrops have started for PLAY holders. One of their official tweets reads,

“Daily $RWD #Airdrops have started for #PLAY Holders! Mining is live in 5 games, first Reward Party soon! Payout is in TRX/GOC/PLAY. Mine and buy tickets, or hold or sell RWD later on #GOC #DEX. play.goc.network/airdrops/#TRX #TRON @Justinsuntron @TronFoundation #crypto.”

It is important to also know that the first mining round is over 60% complete and users are advised to play the 5 live games with TRX, GOC, and PLAY tokens on the platform. Users are also advised to mine RWD tokens and buy tickets to the Reward Party.

More upcoming updates on PLAY GOC

PLAY GOC revealed on its official Twitter page about its intentions to add a new game for all gaming lovers on its platform; the game is called Three Card Poker. It tweeted:

“Three Card Poker now added to coming soon on the $PLAY platform! #tron.”

Furthermore, the platform also stated that there will be a more visual enhancement on its site, customizable user chat names, various bugs fixes, Reward pool page, mining progress page, and FAQ. Also, there will be additional site updates and a whitepaper for the platform.

Overall, there seem to be many updates coming from PLAY GOC and other tokens on the Tron platform more often now. And of course, token holders should stay alerted for important updates on Tron network. Good thing is, TronWeekly is here to keep you updated on all that!

Image courtesy of PixaBay.

Filed Under: Tron Tokens Tagged With: Play GOC, Tron Tokens

A new BitTorrent cryptocurrency to be launched over Tron’s Network

January 8, 2019 by Naveed Iqbal

BitTorrent, the prevalent P2P  file-sharing platform, which is also the world’s largest decentralized network, is about to create a new cryptocurrency of its own using Tron’s network. The new token will get used by the users to pay for higher download speeds using the company’s uTorrent client, which runs on the Windows operating system.

Rogelio Choy, who used to be BitTorrent’s CEO, decided to leave the company behind. This happens about half a year after Tron’s CEO and founder, Justin Sun, bought the firm. That move started rumors around the technology world that Mr. Choy was not very happy about BitTorrent’s new priority to become a blockchain network.

Justin Sun about to bring blockchain technology and cryptocurrencies into the P2P file sharing world

Justin Sun, who is a consummate master when it comes to using Tweeter effectively, had this to say about the new token in uTorrent in an official Medium blog.

“BitTorrent token is the first in a series of steps to support a decentralized internet… In one giant leap, the BitTorrent client can introduce blockchain to hundreds of millions of users around the world and empower a new generation of content creators with the tools to distribute their content directly to others on the web.”

The blog post offers further detail by explaining that non-US investors will be the first to get some of the new tokens by using Binance Launchpad, which is Binance’s delegated token sale platform. Binance is a Chinese cryptocurrency exchange which has partnered up with Tron in this and several other ventures. The token will be called BitTorrent Token (BTT).

There is an official whitepaper for BTT. The total number will be of 990 billion, and it will be based on TRC-10, which is the simplest Tron technology for issuing digital assets based on TRX.

The moment in which Mr. Choy has chosen to make and publish his decision to walk away from BitTorrent kind of shows that he wasn’t too happy about the company’s new way of doing things, based on blockchain technology. Variety, which is not precisely specialized in technology news, maintained that it spoke to a company insider who told it that there was friction about BitTorrent’s new orientation. But Mr. Choy has not spoken explicitly about this subject at all.

Mr. Choy’s departure was confirmed by BitTorrent’s spokesperson a couple of days ago, a little after the news broke. The company gave no details or explanations and just limited itself to say that he “decided to pursue other opportunities.”

Mr. Choy was BitTorrent’s COO from 2012 to 2015. He then left and rejoined in 2017 as CEO. That was his position when Mr. Sun bought the company over last summer. After that operation, the former CEO served as Tron’s platform’s storage business general manager.

The announcement to create the BTT token comes about a few months after BitTorrent and Tron announced Project Atlas, which is the technology that will merge BitTorrent into the Tron network. The main idea in Project Atlas is to provide incentives for users to keep seeding their files for longer periods of time. Seeding will be rewarded with the newly minted BTT coins.

The news about the new BTT token in BitTorrent made the price of TRX go up by a little more than 2.3% in a day in which most other digital had been trading in similar numbers, but red, not green. Even today, while all other cryptocurrencies are in red, Tron (TRX) stands in green by more than 11% at the press time.

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: BitTorrent, TRON (TRX)

New policies for Tron TRC10 token naming

January 8, 2019 by Ali Qamar

Tron’s super representatives are hard at work as we write this article. Last Friday, they reviewed the “Allow same token name” proposal and a decision will be announced sometime soon. This could seem like a cosmetic initiative, but it will have real effects on the Tron community’s sector that is using or issuing TRC10 tokens (TronWatchMarket, TWX, SEED, IGG, although IGG is migrating its token to TRC20 technology as we write this).

If the initiative is approved, new TRC10 will be allowed to use the same token names as currently existing tokens. Why should anybody want to have a token name that could lend itself to confusion so easily is anybody’s guess, just don’t ask us what’s the point in that?

This will force Tron-based exchanges to adopt an additional tag beside the token name so that each individual coin can be referenced without confusion.

Developers in Tron’s community are working to update applications, trading platforms, and Tron-based wallets so that a smooth transition is possible if the initiative goes through. A new tag, called “TOKEN ID” will be the new proper way to identify individual tokens. All necessary steps are being taken to ensure that dApps in the Tron network will use this new identifier.

TRC10 token's name will no longer be unrepeatable after Jan 5 2019, 6:00:00 AM UTC. From that time going forward token ID will be the only identifier. For more details please check the announcement in the link. #TRON #TRX $TRX https://t.co/qTdNa5UnzL

— TRON DAO (@trondao) January 4, 2019

This is unusual news for Tron. Why is it so important to allow for duplicate token names? We can’t possibly imagine, but maybe Tron’s super representatives will explain that to us, and to you, once the decision is passed.

TRC10 and TRC20 are Tron’s technologies that allow Tron community members to issue their own tokens and ICOs much in the same way in which Ethereum’s ETC20 technology has enabled lots of projects and users to issue brand new cryptocurrencies.

Indeed, projects like Tron and EOS came to life running over Ethereum’s network and issuing Ethereum-based tokens. So Tron understands exactly how important it is to keep things neat, clear and transparent when it comes to new digital assets.

Yet another interesting layer over this piece of news is that BitTorrent will be issuing a new token called BitTorrent Token (BTT). This coin’s use case will be to reward seeders in the BitTorrent network (which is the world’s largest decentralized network) for sharing their content over the network. This new token will be available at Binance for BitTorrent users to collect as they keep sharing their content.

This is relevant because it will be a TRC10 token (the kind that will admit repeated token names). So what happens if you or I get a Tron account and issue another token called BTT. As mentioned before, there will be a new tag that will allow users to tell the difference between my own (or yours) fake BTT token and the real, significant BTT. Still, what’s the point in allowing redundant tags?

In any case, Tron’s leadership has a history of taking the correct decisions and boosting the coin’s value, the project’s power and use-cases, so don’t take us too seriously as we question this particular move, which is not even official yet. We’ll see what happens, and how the community (and the markets) react.

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: TRC10, TRON (TRX)

Tron (TRX) on the cards for dx.exchange

January 6, 2019 by Ali Qamar

Dx.Exchange is a cryptocurrency exchange which prides itself in being the first whole crypto community that enables both institutional and individual investors to buy cryptocurrencies using fiat currencies, trade them, and convert them back to fiat.

It’s built using Nasdaq’s market matching technology which is considered to be one of the world’s leading technologies when it comes to trading in the stock market.

It’s based out of Estonia (don’t be surprised, it’s one of the world’s most wired and technological savvy countries). It has a reputation for transparency and ethical behavior.

Tron, on the other hand, is one of the cryptosphere’s most interesting and ambitious projects. It’s barely eighteen months old, and, in that short period of time it’s managed to become the world’s largest decentralized network, one of the busiest blockchains in the world in terms of completed transfers, and one of the most credible projects in crypto.

https://twitter.com/MotherOfCrypto_/status/1080899718744629248

Tron’s mission is to utilize blockchain tech to decentralize the whole web. It’s an incredibly ambitious project. The idea is for the internet to become decentralized and free from the influence of any central authority in a way that content producers won’t need big corporations (think Google, Yahoo, YouTube, Facebook, Microsoft, Comcast, etc.) to publish their material or to monetize it.

Tron was founded and is led by Justin Sun whose credibility as a technology tycoon has been well established for years as the founder of China’s most popular messaging app. Mr. Sun is also famous as Jack Ma’s protegé and former student (yes, that Jack Ma, the man who founded Alibaba).

In a year that’s been terrible for crypto, with most coins going down like a led balloon, Tron has managed to keep securing strategic partnerships, to make the project grow, to deliver milestones on time and to be one of the most solid coins in the market.

That last point is very well illustrated by one simple fact: as most other digital assets keep receding, Tron has managed to grow and to become the world’s tenth cryptocurrency by market capitalization.

It’s one of the very few blockchain projects that has consistently been reporting good news as most of the rest just try to avoid disaster in the currently bearish market

There’s even more good news in the works for Tron. While this is not an official announcement yet, DX.Exchange’s CEO has confirmed (if informally) that the exchange platform is working towards adopting Tron’s Tronix (TRX) in their platform.

This is an important development for both parties. From Dx.exchange’s point of view, it’s a good idea to adopt one of the tokens that has created more interest over the last 18 months. For Tron, and Tron aficionados, this is important because it means that they will be able to buy TRX using fiat currency, which is not as straightforward as you could think.

So far, most of TRX’s trading happens on Binance, the huge and influential Chinese crypto exchange, and all that trade is paired against Bitcoin. In other words, if you have a Binance account, you can’t buy TRX using your local fiat currency. You have to get some bitcoins first (or Satoshis) and then trade them for TRX.

So both projects keep growing and gaining relevance in the cryptosphere as the new year keeps moving. Keep an eye on both.

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: Cryptocurrency Exchange, TRON (TRX)

Tron and Ripple keep finding new partners

January 5, 2019 by Ali Qamar

The new year is here. As every year, it brings about new hopes and expectations, which doesn’t mean we’re going to forget what happened in crypto during 2018. It was a disaster (or a huge opportunity, depending on your point of view). But even in the midst of such terrible times, some blockchain projects managed to keep growing and gaining value, at least relative to the market. Those were Ripple’s XRP and Tron’s TRX.

There’s a simple reason why those to projects kept growing: they have strong fundamentals. These are tokens that have real-life use cases which are driving them forward unlike so many other digital assets that are just subject to speculative market forces.

And the news is: they’re still moving forward. They’re making strategic moves that will ensure that, in the future, they will give Bitcoin a run for its money (fiat or virtual). Let’s start with XRP.

XRP is Ripple Labs’ native token. Ripple is a private company that works on blockchain solutions that eliminate the usual friction in settling international payments. It has a very solid use case among financial institutions and remittance services the world over, and it recently became the world’s second largest cryptocurrency by market capitalization.

It’s managed to grow against the current by securing some vital strategic partnerships (like Banco Santander, the world’s best bank which is using Ripple’s technology already at the production level) and it keeps announcing new partnerships.

Ripple has done it again as the new year starts. Twelve new companies have announced they will adopt Ripple’s software (called xRapid) to settle international payments quickly, safely and cheaply. Among those companies are Bittox, which is one of the most important crypto exchanges in the world; Bitso, a Mexican crypto exchange that’s managed to gain the crypto community’s respect; Coins.ph, a crypto exchange based on the Philippines islands and Bitstamp.

While those new partnerships are not use cases, they still mean that XRP will have increased trade volumes and demand from users that were previously unable to get their hands on some XRP tokens. It’s good for the project, and it’s good for the token’s price because that increased demand will drive the coin’s value up.

Then there’s Tron

Tron bought BitTorrent a few months ago. That alone turned Tron into the world’s largest decentralized network.

And now, BitTorrent announced that it would issue its own cryptocurrency called BitTorrent Token (BTT). This will be a new digital asset that will incentivize BitTorrent users to keep seeding the files they have.

The longer you seed your files, the more tokens you will get as a reward. The tokens will be made effective by Binance (which is one of Tron’s most important strategic partners).

The BTT coin is based on TRC10 technology which means that it’s most easily tradable for Tron’s TRX cryptocurrency. Just imagine this: it means that, if you are a BitTorrent user, you’ll get paid in BTT just for sharing your favorite books, music, movies, or any other content you can think of.

There are about a hundred million BitTorrent users in the world, and they are all going to join the Tron community whether they know it, want it, or not.

Tron and Ripple are showing the way to go, keep an eye on them.

Image courtesy of PixaBay.

Filed Under: Altcoin News, Tron News Tagged With: Cryptocurrencies, Ripple (XRP), TRON (TRX)

Tron (TRX) and Electroneum (ETN) might be the FOMO coins this year

January 4, 2019 by Ali Qamar

Against a 12 month long trade, the cryptocurrency market has been gaining a bit of bullish momentum lately. It’s been going up and down in recent days. If market sentiment (which is, in the end, a meaningless jargon term) is ‘anything’ to go by (which is not) then there’s a very doubtful chance that current pump could stand, and, may turn the overall bearish trend of the last 12 months into a bullish one as the new year has started. Over the last few days, BTC volumes have gone up by more than 20%, and bullish volumes rest at 51.4%, at least for now.

So this points to an increasing demand that could end up driving the whole cryptocurrencies market up soon. If the bulls manage to hold the market and FOMO stands, then there are a few digital assets that will benefit most of all. Two of those coins are Tron and Electroneum. In this article, we explain to you why.

Tron’s Tronix (TRX)

If the bulls take over the market, Justin Sun-led Tron (TRX) is in a good position to win more than most other cryptocurrencies. One of the reasons for that is Justin Sun’s (Tron’s CEO and founder) mastery of marketing and public relations. Mr. Sun is a central element in the Tron environment.

He knows how to keep his own community (and the cryptosphere at large) at the edge of their seats by just the adept use of his Tweeter account. Significant announcements about interesting strategic partnerships, new milestones and other achievements for the Tron project are run-of-the-mill news for Mr. Sun, and the Tron community follows.

All that good marketing hasn’t managed to bring TRX’s price up for 12 months, but it managed to make TRX one of the most reliable and profitable coins during 2017 when the bulls ran the market. So when the bulls come back, chances are that Tron will be a big winner yet again, just as it was in 2017.

And that will happen because Mr. Sun’s propaganda will be backed by the market’s positive sentiment. For good or ill, marketing is a powerful force when it’s backed by driving the demand, and nobody in the cryptosphere knows that better than Tron as led by Justin Sun. When FOMO appears in a bullish market, nobody will know how to surf that wave better than Tron.

Electroneum (ETN)

Electroneum is yet another digital asset that will be benefitted from a bull run. It has very solid fundamentals (usefulness and use cases, even more than Tron’s, for the time being) and the project’s marketing is almost as good as Tron’s. The community happens to be very committed to bringing ETN to the real world. Proof of that is the robust showing of Electroneum (ETN) in the run-up to KYC feature introduction.

That characteristic is powerful on its own. Those marketing efforts by the ETN’s leadership and the community had a role in increasing demand. This gives the ETN team a major role in producing the demanding pressure about the token that can end up pushing up the price. And that could signal for the baby steps of a new bull market not just for ETN but for every digital asset.

Electroneum’s aggressive marketing which includes smartphone apps, games, easy mining, and other features that can appeal to every smartphone user in the world instead of the usual nerds or enthusiasts can make all the difference in the world (the crypto-world, to be more specific). On top of that, it could end up being really useful when it comes to instant and micropayments.

Is technology determinant in crypto? It is. Just look at Bitcoin, which is the oldest technology in crypto, but it’s solid, reliable, and it remains the mother of all blockchains. But what about marketing? Does it matter?  It does as well, and nobody does it better than Tron and Electroneum. Do you want proof? Those two coins have been the biggest winners over the last week. You think that means nothing? You’ll be surprised.

Image courtesy of PixaBay.

Filed Under: Project Review, Market Analysis Tagged With: Cryptocurrencies, Electroneum, TRON (TRX)

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