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BitTorrent token airdrop on the horizon for TRX holders in Trust Wallet

January 19, 2019 by Ali Qamar

Justin Sun, Tron’s CEO and founder, used his Tweeter account recently to let the world know that a BitTorrent token (BTT) airdrop is about to happen for TRX holders who are also Trust Wallet users. This was his tweet:

“Good news for #TRONICS, @TrustWalletApp will launch BitTorrent token(#BTT) airdrop for #TRX holders. #TRON $TRX”

Let’s break the announcement down. In doing so we need a couple of questions answered: what is the BitTorrent Token? And what is the Trust Wallet? In this article, we will endeavor to explain to you the meaning in Mr. Sun’s announcement.

Trust Wallet

We start with Trust Wallet. It’s a company based in San Francisco, California. As the name suggests, the main product it offers is a secure cryptocurrency wallet that supports several digital assets (Dash, TomoChain, Bitcoin Cash, Litecoin, Bitcoin, ICON, Callisto, Wanchain, Tron, VeChain, POA Network, GoChain, Ethereum Classic, and Ethereum) but puts a special emphasis in Ethereum derivative coins (all the alternative coins based on Ethereum’s ERC20 and ERC223 token technology). Security and anonymity are also important priorities for the wallet.

The wallet is available for use through the web but also as an app for both Android and iOS. A special feature in this platform is its seamless integration with Binance, which one of the world’s most important trade and exchange platforms. The project includes a decentralized application browser as well.

The relevant bit about this wallet is that it supports Tron. That’s probably the case because Tron used to be an ERC20 token until last June when it went independent and the swapping process for newly minted Tron tokens begun.

The BitTorrent Token

And now for the BitTorrent token. As you may already know, the Tron Foundation bought BitTorrent a few months ago. Shortly thereafter, Tron announced Project Atlas which will merge the BitTorrent Network (the world’s largest decentralized network) into Tron’s blockchain. This will make Tron users out of all of the world’s BitTorrent users.

That’s not all. When Project Atlas comes online, users will be rewarded for seeding their content. How? By means of a new cryptocurrency, which is Tron-based (TRC10 technology) and that users will be able to trade for TRX at Tron’s decentralized exchanges. That token is called BitTorrent Token.

So this is what Mr. Sun’s announcement actually means: if you are using Trust Wallet and you have some TRX tokens stored in there, then you’re going to get a few BitTorrent tokens in an upcoming airdrop. An airdrop is, basically, a free sample of digital currency. BTT in this case. No dates were announced, to be sure

Trust wallet also issued an airdrop announcement which was much more detailed than Mr. Sun’s (and that you can find here: https://trustwallet.com/blog/bittorrent-airdrop-supported-by-trust-wallet), but this post doesn’t offer any details about timing either.

As usual, Tron and Mr. Sun are deploying some very interesting marketing strategies, and this time Trust Wallet is assisting them. And it must be said that Tron’s marketing usually works very well. That’s how TRX went from 11th to 9th by market capitalization over the last few weeks, as the rest of the market keeps shrinking and losing value.

So now you know. Would you like to know how it feels to hold a few BTT? Well, get a Trust Wallet, buy a few Tron (TRX). Then just sit and wait!

Image courtesy of Defense.gov.

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

TronBet’s Ante: Here’s how to get some, buy or sell

January 16, 2019 by Ali Qamar

How would you like to gamble at a casino in which you get some of the house’s profits? Sounds crazy, right? The famous saying is “the house always wins” (except when Doland Trump owns the house, of course). The thing is, you can really become the house now, at least in terms of partaking from the profits. Keep reading if you want to find out how.

Ever since Tron became independent from Ethereum, last May, lots of new decentralized apps have been developed and deployed over Tron’s new Main Net. Many of those apps are for gambling and gaming. Among them, there is TronBet (https://tronbet.io/). This website features a series of games in which you can place a bet and play.

It’s nothing like a traditional gambling website. First of all, the odds you get from the house are 100% mathematically fair, unlike traditional gambling sites in which the house has an edge. Second of all, this is a crypto betting site, specifically, it’s a website in which bets and returns are placed using Tron’s TRX cryptocurrency. And third of all, you can share in the site’s winnings.

The website has a native token, based on Tron’s TRX token. It’s called Ante, and you get it as a reward for playing. That’s not all. Once you’ve played a bit, and received some Ante tokens you can do several things with them. For instance, if you have a Tronlink wallet (which is just a chrome extension for your browser) you can transfer your Ante tokens to your wallet. Or you could freeze them. If you do that, the online casino called TronBet will share its earnings with you, depending on the number of Ante tokens you own.

There’s even more. When the Ante token first appeared you couldn’t sell it or buy it. But now that the GOC decentralized exchange is online for Tron-based tokens, you can go there and sell or buy Ante tokens. The current rate is about 20 TRX for an Ante.

 Nothing short than a revolutionary product

This is revolutionary. It’s unprecedented in gambling because the odds are fair and the house shares its revenue with players. It’s like you own a bit of the casino, without even buying anything. You just play and you get the tokens that enable you to share some of the profits. It’s a very good way to get some passive income. Basically, you’re getting paid in crypto for having some fun.

The Tron project is exceedingly ambitious, for sure. But if every (or even a few) app and smart contract running on Tron’s blockchain can manage to be as innovative as TronBet, then there’s every chance that Tron’s objectives will be met.

And if you’re interested in additional passive income in Tron-based cryptocurrencies, just start up your BitTorrent client. There’s yet another new coin called BitTorrent Token (BTT) that will reward BitTorrent seeders just for keeping their files online for longer times.

Both Ante and BTT can be traded for TRX at Tron’s decentralized exchanges (mainly GOC) and since it’s directly linked to your Tronlink wallet, it’s rather easy to take your resulting TRX to any other exchange you like and hold them, or to trade them for other coins such as Ripple or BTC.

Image courtesy of PixaBay.

Filed Under: Project Review, Tron Tokens Tagged With: Ante, Tronbet

ABCC embraces the TRC10 token family by Tron

January 16, 2019 by Ali Qamar

Tron is a third generation blockchain project. It means that it doesn’t only include a digital asset (though it does, Tronix or TRX in this case) but it’s also a programmable platform that can deploy decentralized applications, smart contracts, and last but not least, it also empowers Tron community members to issue their own Tron-based cryptocurrencies, just like Ethereum does, only better.

Why better? Because of Tron offers two different technologies for issuing tokens: TRC10 and TRC20. The second one is the more sophisticated option while the first one is a rather basic one.

And while TRX can be bought and traded in many cryptocurrency exchanges, its derived coins can only be traded at Tron’s own decentralized exchanges, which deal only in TRX and its TRC10 and TRC20 cousins. In other words, if you’re interested in this kind of asset you have to deal with the fact that none of the world’s exchange platforms support it. Until now.

ABCC, a cryptocurrency exchange, just announced yesterday that it would be the first trading platform in the world to adopt Tron’s TRC10 tokens. Here’s the tweet they published regarding this:

We are excited to announce our partnership with @Tronfoundation ahead of #niTROn2019! @Justinsuntron#ABCC is the 1st exchange that will list #TRX 10 tokens – We are one of the top exchanges with great security and user interface. Stay tuned!
#Blockchain mass adoption is coming pic.twitter.com/8T5mcgB9jn

— ABCC Exchange (@ABCCExOfficial) January 15, 2019

Justin Sun, Tron’s CEO and founder, reacted to ABCC’s tweet, opportunely as ever, by confirming it with a tweet of his own:

ABCC Exchange is truly an awesome platform that has witnessed great development. We are glad to partner with #ABCC as it's the first exchange listing #TRX10 tokens. #TRON #TRX $TRX https://t.co/8VO7Z2jGOY

— H.E. Justin Sun 孙宇晨 (@justinsuntron) January 15, 2019

The exchange’s move shows great confidence in the future of Tron-based digital assets in particular, but also in Tron’s future as a blockchain project in general, which is becoming a more common attitude towards Tron within the crypto verse.

This move will save TRC10 token owners a lot of hassle in turning their virtual money into fiat because you will be able to make all the needed operations within a single site, instead of bouncing your funds from wallet to wallet and site to site to perform the one operation you need to carry out in a given site.

There are other reasons for this news to be quite interesting. The BitTorrent Token (BTT), which will be issued by the BitTorrent company as a reward for seeders in its network (which happens to be the world’s decentralized network, incidentally) once that Project Atlas is completed and BitTorrent runs entirely on Tron’s blockchain.

BTT will be a TRC10 token which means that it will be available for trade at ABCC, so there’s every chance that, as long as it’s the only trading platform in the world that supports TRC10 technology, many BitTorrent users will have nowhere else to go to take advantage of the token rewards the network will give them. As things stand, that could be a huge captive user-base as BitTorrent has about a hundred million unique users monthly.

The news is very timely as they came up today, just a few days before Tron’s Summit (called niTron) begins in San Francisco, coming Thursday (tomorrow).

Tron keeps reporting great news consistently, so it’s worth your time and energy to keep an observant eye on it.

Image courtesy of PixaBay.

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

LoveHearts Token Swap is almost ready

January 15, 2019 by Waqas Sattar

LoveHearts is a cryptocurrency which has been working to make itself Tron-based. In order to do that, the coin disappeared from all exchanges not too long ago so that the migration towards Tron’s TRC20 technology could be achieved.

As a Tron-based digital asset, it will be available at Tronlink (Tron’s Wallet, which is free and simple to use as it’s a Google Chrome browser extension). The LoveHearts team announced a couple of days ago that the 1:1 swap functionality for LoveHearts TRC10 works perfectly and that everything is ready for Tronlink to support it.

But the swap is not completed yet because TronScan must whitelist LoveHearts TRC20 before it’s visible (thus, tradable) for users and holders.

So the full token migration is still a few days away, but it would seem that everything in the process is running smoothly as the technical teams from both Tron and LoveHearts keep working together to make things happen.

https://twitter.com/LoveHeartsToken/status/1084092995400593408

What LoveHearts is up to, I hear you ask? It’s a very peculiar cryptocurrency that you can send to anybody you want in the world using only a Telegram or a Twitter message. It’s as simple as that. The project’s motto is “Sending LoveHearts shows you really care”. Users of this digital asset call themselves the “Heart Army”, and the idea is to reward good tweets with LoveHearts tokens instead of just clicking the “like” button.

Moreover, the coin has an actual use case. It’s secured a strategic partnership with HummingPay.io (an international remittances service that is also Tron’s partner) that enables members of the Heart Army to send their tokens in the real world and collect them as local fiat currency.

The currency issued ten billion tokens at the beginning. But after several burns, the current supply is of two billion.

LoveHearts came to life last October and it’s been very active supporting a few selected charitable causes. It recently became listed at two exchanges and, now, as the migration is wrapped up, it will be listed at every Tron-based decentralized exchange.

The migration will make LoveHearts an integral part of the Tron ecosystem which means that Heart Army members will be able to take their tokens, and trade them into TRX (or any of the other TRC10 or TRC20 tokens at Tron’s exchanges) and use them in any Tron decentralized application they could fancy. Or they can keep them and use them at the LoveHearts lounge, which will be an online shop (probably in Telegram) in which those tokens will buy you some goods and services.

More projects keep choosing Tron as their platform. Decentralized apps of all kinds, smart contracts keep arriving in this blockchain, and many of them also issue their own TRC10 or TRC20 tokens to support their project. This, in turn, makes Tron interesting for even more people and it also creates new trading volume for TRX, which also drives demand up. And that’s how any coin’s price actually goes up, besides from sheer speculative pressure which is so unreliable.

Image courtesy of PixaBay.

Filed Under: Tron Tokens Tagged With: LoveHearts

Tron (TRX)’s market cap is up by 40% in 2019 already

January 15, 2019 by Ali Qamar

The cryptocurrency market has had a terrible time since December 2017. It hit the roof on December 17th, and it’s been going down like a led balloon ever since then. The market’s value has gone down by 80%, more or less in 13 months and it’s been an unmitigated disaster for almost every blockchain project in the world.

But in the midst of the chaos that the bears have caused in crypto, two projects have managed to gain ground: Tron and Ripple. In this article, we’ll focus on Tron’s recent growth in terms of the token’s value and market capitalization.

As we write this, Tron is trading at $0.025420 which is not exactly impressive compared to Bitcoin, for instance, but only a month ago, it was at half the price. Also, although it’s trading in green numbers but can turn into the red at any time, which is not the best thing either, but many days in crypto are just like that.

Let’s focus on the parameters that really matter.

A few weeks ago, Tron was ranked 11th by market capitalization. But it’s been growing in relative value so, about a month ago, it reached the 10th position, and only a few days ago, it went to the 9th place which is the spot it currently holds.

This is quite meaningful because it means that Tronix’s market capitalization has grown by 40% since the new year began. That’s only 15 days now. And things are just getting started.

$TRX's marketcap has grown by over $500M and is UP 40% in 2019.

We are only 10 DAYS into the year.

More and more money will continue flowing into #Tron as new DApps continue to join the ecosystem & #ProjectAtlas comes to fruition.#TRX is just getting started! 🚦

— TRX Colony (@TronColony) January 10, 2019

Tron is barely more than a year old, and the platform’s catalog of decentralized apps is still tiny when compared to Ethereum or EOS. And yet, with that limited number of apps and use cases, it’s managed to keep growing at a rate that no other cryptocurrency can currently boast.

So what does the future hold for TRX’s price? Good news, mainly.

New dApps are being developed, and the Tron Foundation is investing a lot of money in incentivizing the community’s developers to build and deploy all kinds of new games and apps for the platform.

Some essential projects are also migrating from Ethereum and EOS to Tron because the networks are slow, expensive and troublesome. Every new app is a new use case for the token. Every new use case increases demand and trade volume which, in turn, will keep driving the price up.

And that’s nothing compared to what Project Atlas will do. Project Atlas will merge the BitTorrent network (the largest decentralized network in the world) with Tron’s blockchain, and it will reward seeding users with a Tron-based token called BitTorrent Token. We are talking about a hundred million users, located everywhere around the planet, that will become members of the Tron community (maybe unknowingly), and that will create yet another use case for the Tron-based token economy.

Tron is proliferating while most other blockchain projects are shrinking. And, as things stand, it will keep growing, and it will be much faster sooner rather than later.

So the current growth rate for Tron is nothing to be surprised. The project is useful; the community is committed, it keeps finding new use cases, more Tron-based tokens, apps and smart contracts are being issued all the time. Tron can only keep growing.

Image courtesy of PixaBay.

Filed Under: Market Analysis, Tron News Tagged With: DApp, Project Atlas, TRON (TRX)

TRON blockchain suits charity purposes best, here are the reasons why

January 14, 2019 by Deba215

Philanthropy in layman’s terms is being human, which leads to caring and giving to people in need. This is one of the behaviors which differentiate us from other living organisms on this planet. The urge for giving grows as we evolve and move up the maslow’s hierarchy. With the passage of time more and more people are getting involved globally in this noble cause of giving, leading to the creation of an organized sector called – CHARITY.

Approximately 1.4 billion population is contributing to charities leading to an approx fund of $1.2 trillion being raised annually globally. As per the latest statistics, Indonesia, Australia, NewZealand, USA, Ireland are the top 5 countries contributing to the philanthropy domain. The major segments in which charity is raised currently are Education, Childcare, Women protection, Healthcare, and Environment.

As with any industry Charity domain too now needs to evolve to cater to future requirements and to set up systems which help the humankind at large. Challenges which this domain faces currently are trust, transparency, reach and awareness, the speed of execution, processing and fundraising cost to name a few.

The Blockchain solution:

Blockchain technology can help legit charities overcome these problems thus contributing to enhancing the global happiness index.

Trust, transparency, and accountability: The biggest problem in the charity domain is trust as the individuals/corporations who are donating sometimes are not sure if their contribution is reaching the end user. Blockchain using its distributed ledger process ensures 100% transparency as the accounts are in public view and anyone can crosscheck the flow of funds to the last mile.

Reach and awareness: Blockchain because of its borderless feature connects the global population and allows anyone sitting even at home to connect seamlessly to the global audience thus allowing a global platform to reach out to anyone they intend to help.

The speed of execution: This is another strong value proposition Blockchain provides to Charities. In traditional mode of fundraising the banking channels consume a lot of time and fee as well, sometimes this even extends to days for international transfers. Blockchain reduces this timeframe from days to seconds and that too at a lower fee making it a win-win situation for both the donor as well as the charity.

Cost of fundraising: As per the latest statistics only approx 67% of the funds raised reaches the intended use; the rest is lost regarding fees, administration fundraising cost, etc. Blockchain can bring down this 33% substantially thus ensuring the better utility of the funds raised.

Why TRON?

TRON protocol is an emerging Blockchain solution which aims to create decentralized internet. Charities choosing to use the TRON platform would end up gaining the following benefits along with already mentioned benefits of Blockchain as mentioned in the previous segment.

Ease of Use: Creating an account on TRON platform is super easy and takes less than a minute. Also, a lot of Dapps are launching their mobile wallets thus making it very convenient to use. Charities can create accounts in less than a minute on www.troncan.org and get started, the same is applicable for any user as well who wishes to donate.

Leveraging Technology: Developers in the TRON system are continuously working to provide user-friendly solutions. They have developed bots which helps in tipping to any charity possible even on social media like telegram, twitter. Seedit, Robominer are few of the prominent bots already in use.

High Liquidity: TRON is available in 160+ trading pairs across multiple exchanges as per the latest CMC data making it practically available to everyone.

Speed: The transaction is lightning fast which means it takes just a few seconds to transfer funds across the globe. Mobile, website, social media are few platforms which can be used to complete any transaction.

Scalability: TRON platform has the capacity to process 748 TPS (transactions per second) while the current usage is approx 20-25 which gives enough space to accommodate future increase in volume and still maintain the current performance level.

Global Community: People eventually are the heart of any charity initiative, TRON with its rapidly growing community offers a huge audience spread across the globe. As per tronscan date, there are already 1.34 million accounts live with TRON and its increasing exponentially (1st million took approx six months, next 0.34 million has happened in less than a month).

Ease of Creation: TRON protocol also provides an easy to use system for any project to create a TOKEN on its platform. The cost for the same is also very nominal. This low entry barrier allows projects which have a great idea but limited resources to also get started and subsequently work hard to convert their idea into a working proposition.

There are already few charity projects which have understood this potential and have launched on TRON platform. KsumNole, Alivio, TreeOfLife are few for the noticeable projects which are already live on TRON eco-system. KsumNole among these has garnered the highest support and interest with some unique concepts to filter and identify real supporters and philanthropists.

Future

Considering the above parameters, the future looks very promising for Blockchain in Charity domain. The current penetration of Blockchain in the complete Charity eco-system is less than 1% thus there is a huge upsurge in adoption growth expected. The Millennial and GenXers are gradually increasing their contribution in charity, and they also happen to be the flag bearer of enhancing Blockchain usage.

What needs to be done now is to work hard in creating awareness and build systems which are legit, scalable and solves real-life problems. Honesty and Transparency are going to be the critical ingredient for long term success.

As the saying goes ‘The world calls for and expects from us, the simplicity of life, the spirit of prayer, charity towards all, especially towards the lowly and the poor, obedience and humility, detachment, and self-sacrifice. Without this mark of holiness, our word will have difficulty in touching the heart of modern man.~ Pope Paul IV’ all we need is a good heart to make a difference.

Sources:

https://www.cafonline.org/docs/default-source/about-us-publications/caf_wgi2018_report_webnopw_2379a_261018.pdf
https://www.pressconnects.com/story/news/local/new-york/2017/11/29/how-much-your-donations-actually-go-charity/108107792/
https://www.501commons.org/services/learning-programs/Philanthropy.PNG/image

Image courtesy of PixaBay.

Filed Under: Industry, Market Analysis, Opinion Tagged With: Blockchain, Crypto Adoption, Cryptocurrencies, TRON (TRX)

Dapp.com lists 101 Tron-based decentralized apps

January 14, 2019 by Naveed Iqbal

Dapp.com is a website in which everybody can learn about decentralized technology. It helps users to understand, create and use decentralized technology confidently.

As a developer, you can learn the tools and expertise to turn your ideas into decentralized apps and bring them to the market or your favorite blockchain community.

It also features a catalog of high quality and reliable dApps that have the potential to help everybody’s life and make it better.

The company’s mission, in their own words, is:

“We are creating an entire ecosystem to encourage dapp development, awareness, and usage. Our mission is to demystify decentralized technology, helping, and inspiring developers and users to embrace this exciting new space with confidence.”

As part of that mission to bring high-quality decentralized applications to the masses (at least to masses in crypto), dapp.com has included more than a hundred decentralized apps created by the Tron community and running on Tron’s blockchain. The list (which you can find here: https://www.dapp.com/playlist/tron) hails Tron as the platform that’s going to “dominate future gaming”.

That statement is not a coincidence as many of the included apps are, indeed, gaming and gambling apps such as TronBet, Allbet, 888Tron, TronVegas, Trongame, Tronblock, TronWin, TronDice, and Dicebet, just to name a few. But there are many others too.

The thing with games and gambling and Tron is that most (probably all) of these apps give players fair odds which makes winnings more likely and playing a lot more fun. It’s an utterly different experience from traditional betting websites.

#TronwithDapp_com We are excited to announce that https://t.co/F1IxOZlAKM has listed #Tron dapps, not one but 101! We will continue bringing top & new Tron dapps to our community.
https://t.co/4rCSa0mUtG@Tronfoundation @justinsuntron @TRONbet @TRX_Market @TRONArcade pic.twitter.com/T8jbJhw8Rz

— Dapp.com (@dapp_com) January 9, 2019

This is huge news for the Tron community. Remember that third generation blockchain projects are not just about supporting a digital asset, as it was with Bitcoin when it started. After Ethereum came online, innovating the cryptosphere by creating decentralized applications and smart contracts, the new blockchains are all programmable platforms in which finding users and developers for apps and contracts are every bit as important as the native token itself. This activity creates trade volume for the cryptocurrency in question (TRX, in this case), which in turn generates demand which is what makes any coin’s price go up.

As we write this, TRX is trading at $0.02351, and it’s ranked 9th by market capitalization. It’s been trading in green numbers for the last 24 hours while almost the whole market stands in red, so the progress made by this asset in the market is just amazing.

Keep in mind that only a few months ago, it was ranked at 11th by market capitalization. This means that this is a project that, even in the decidedly bearish conditions the market has seen for 13 months already, has managed to keep growing, delivering on milestones in time, and gaining market value as most other projects are losing ground.

One hundred one useful Tron-based apps listed at dapp.com are one of the signs that show that Tron’s fundamentals are very solid. It’s quickly becoming a coin with real use cases, and this will be determinant for the future as its value will be based on real utility instead of sheer speculative force, which still remains the rule in the crypto verse.

Image courtesy of PixaBay.

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

A new Lifetime Subscription Token for TronWallet

January 12, 2019 by Ali Qamar

A little more than a month ago, TronWallet issued a new TRC10 token (which means it’s based on Tron’s most straightforward token technology and can be traded for TRX coins at Tron’s decentralized cryptocurrency exchanges).

It’s called the TronWallet Lifetime Subscription Token (TWLT). You need to own only one of these new tokens for TronWallet to grant you an elite level of subscription called Lifetime VIP tier. As long as you still hold that single token, your subscription will remain at the VIP level. If you sell it or trade it, the token’s new owner will acquire it. Epic, right?

This new Lifetime VIP Tier subscription enables you to access every feature in your TronWallet without any additional fees except for one, the vote for listing fee feature.

In other words: you’ll be able to vote for super representatives, send or receive any of the supported cryptocurrencies, use 2FA authentication, have premium support, save your contacts on cloud, do atomic swaps (ETH to BTC), request payments, make payments, claim airdrops and trade without limits or fees at TronWallet’s DEX.

The new token’s supply will be very limited as only 10,000 tokens will be available. Those coins are created already, and no new TWLT will be mined or produced in the future. They will be released at the rate of 1000 yearly. The currently available supply is the one corresponding to both 2018 and 2019. The next round will be released in January 2020.

https://twitter.com/EarthToZman/status/1083228228603375616

An additional advantage for TWLT holders will be a higher ration on Airdrops by partner tokens. The exact ratio depends on each partner so it can fluctuate, but you can expect to get from 2x to 10x more coins as other TronWallet users. This is for TWLT holders only so owning one of those coins will get you a lot more free tokens.

So how do you get some TWLT, I hear you ask? The price was 200,000 TRX at the start. But some promotions have been available over the last month that allow you to buy one at a 50% discount. You can buy it using any of TronWallet’s regular channels, including its telegram channel.

So hurry up! Not too many tokens are available and holding one will give you so many good advantages as a member of the Tron community that it’s surely going to be worth the price.

The Tron-based token ecosystem is thriving. All the tokens in this category can be traded for TRX at Tron’s decentralized exchanges, and there are many new interesting TRC10 and TRC20 coins that are worth exploring.

Just to give you a couple of simple examples, there’s BTT (BitTorrent’s Token) which will be a TRC10 issued by the BitTorrent network, and that will incentivize seeders in the world’s largest decentralized network. Then there’s the Tron Weekly token, which is a token used to finance, sponsor and operate the Tron Weekly Journal, the website that functions as the news central for all things Tron over the web. This kind of activity will soon rival Ethereum’s in terms of token variety and ICO launches.

Image courtesy of PixaBay.

Filed Under: Tron Tokens Tagged With: Tron Tokens, Tron Weekly, TronWallet (TWX)

Tron’s BOOK project (WRT) to launch its Dummy Book Network

January 12, 2019 by Ali Qamar

Tron’s objective is to decentralize the web completely using blockchain technology. That will allow content creators to monetize their work directly from users instead of relying on the usual central authorities such as Google, Amazon, Youtube, and others. These days, when most of us think about the content, we tend to think about video and audio products but let’s not forget the content source that started everything centuries ago: books.

Tron has not forgotten about books at all, and the content decentralization platform includes a project that deals precisely with them. It’s called the BOOK project, and it includes a token called WRT.

The project is about to release something of a testnet called the Dummy Book Network. The point in the network will be to test the platform’s ebook buying and selling functions using a test token (Testbook) so that the developing team can fine-tune the system that will become the Tron’s Book Network later on when it’s fully functional and viable.

The point is to give the cryptosphere a site like Amazon in which authors will keep all of their royalties and buyers will have an easier, faster, and more reliable way to buy content than in any other of the current publishing platforms. The platform will include games in which users will be able to earn tokens and quizzes for the books they’ve read that will also be rewarded with tokens.

Articles dealing with cryptocurrencies and blockchain technology in the (Dummy) Book Network will enjoy an authenticity system.

According to the project’s white paper, it will work like this:

“Each time a new article about a new token is posted on the Book Network it will be evaluated and will need to pass certain tests before being approved by the system. For example 1.Does this project has a White Paper? 2. Are the developers of the project anonymous or transparent? 3. Is the website of the project well known on social media? 4. Is there contact information to verify the project is legitimate? 13 If TRUE —-> GREEN STAMP if FALSE —> RED STAMP It’s best to be cautious about the Cryptocurrency information provided online if is either trustworthy or giving out false information about a specific project. The System of Authenticity will be similar to a metal detector at an airport. It will detect it automatically and give it a timed electronic stamp of approval in GREEN or rejected with RED. This will give investors and veteran alike peace of mind to avoid an “exit scam” so they do not lose their money to new ICOs out there claiming their project is legitimate.”

Lots of exciting projects are being developed around Tron’s platform, such as the Tron Weekly Journal (Tron Weekly), TronDice, TronBet, and many others. The network is quickly becoming one of the world’s busiest and once Project Atlas is completed, 100 million new users will join the Tron ecosystem through BitTorrent that sooner or later will find their way to join many of the projects currently in development, and many more to come.

Image courtesy of Pixabay.

Filed Under: Project Review, Tron Tokens Tagged With: Tron Tokens

Here is how we can get Tron (TRX) added to Niffler

January 11, 2019 by Naveed Iqbal

Are you a member of Tronic’s community? Well, in that case, you’re invited to support an initiative to help Tron’s native coin (Tronix or TRX) to get listed at Niffler.com. How can you help? You just need to join the Team Tronics Community Top Trader Competition. If 5,000 community members join the platform, and the goal is reached, TRX will become listed in the platform without any cost at all.

The trading competition

The competition begins once 3,000 Tronics members sign up. Niffler.co will host the competition and the prizes will be awarded for the winners in the top five spots. Although it started last month but seems to be going on. This is a great chance for you to join and compete with your fellows in the Team Tronics community. The safety in the competition is guaranteed. It’s free to join, it’s going to be a lot of fun to be in a simulated cryptocurrency trading environment. We will all learn a few useful things.

If you manage to become a top-performing trader in the leader board, you’ll have the opportunity to win several interesting prizes. Those include $300 in Tronix coins, a Nano Ledger X, or $200 worth of any cryptocurrency you want. And those are just some of the prizes, there are many more and they’re all very interesting!

The Team Tronics Top Trader competition is a unique way for the Team Tronics’ community to learn more about blockchain technology and projects, digital assets. But it’s so much more than that. It’s a way to stimulate crypto education in a simulated crypto trading competition. It will be fun, it will be edifying, it will be interesting and if you do well you can even win some real money (fiat or digital).

But it’s also a way in which you can show your support (and help) for the blockchain we all know and love: Tron. If we do hit 5,000 users, Niffler will list TRX as a trading pair in their virtual exchange.

Come and join us! Let’s get TRX listed and trading competition started!

Remember how well Tron’s Tronix has been doing lately! A couple of weeks ago it broke into the world’s top ten currencies by market capitalization and now it keeps gaining ground as it’s the ninth one.

Chances are that Tron’s value will keep increasing in value, even if the market continues to be in the bears’ hands. Why? Tron’s decentralized cryptocurrency exchanged for Tron-based digital assets and it’s flourishing as several new cryptocurrencies are appearing and gaining trading value for themselves but also for TRX.

Another development which is to come soon will be the crystallization of Project Atlas which will merge BitTorrent (the world’s largest decentralized network) into Tron’s network. This will also create additional trade volume for TRX as BitTorrent will issue another TRC20 token to reward seeding users.

These are exciting times for Tron! Don’t miss them!

Image courtesy of PixaBay.

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

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