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Ethereum is back as the world’s second best cryptocurrency. We tell you why

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Ethereum spent a very long time as the world’s second most important digital asset (it’s hard to beat Bitcoin) both because of market capitalization, and technological influence. Over the recent weeks, Ripple’s XRP took over that second spot. But the market felt a bit of a pump last week, and it pushed ETH back to the second place.

Recent market performance

The price has risen by about 1% over the last day (again), and it’s now trading at USD 123 and still in green numbers. As both BTC and XRP are trading in red numbers, that’s been enough for ETH to gain some momentum, even if BTC saw a 5% rise last week when the Litecoin network was upgraded.

It seems that Ethereum’s growth has to do by some major movements made by some of ETH’s larger holders, according to data by a cryptocurrency whale tracker. That’s even more remarkable as the rest of the market keeps moving sideways or going down.

It’s all about the whales

We’ve seen how USD 8.5 million worth of Ethereum’s tokens have been traded a couple of days ago only by some investors known as whales (which means they’re big). So they increased the coin’s daily volume.

This happens because the digital asset market is still dominated by retail and small investors, so changes that would be considered relatively small in other trades can make a huge difference in crypto.

The new capitalization is worth more than $12.6 billion, which is not that much more than Ripple‘s XRP ($12.5 billion) but still enough to change the rankings. Litecoin is at fourth with $2.6 billion, so it’s still nowhere near to compete for the second or third spot.

Ethereum now has a market capitalization of over $12.6 billion, slightly above Ripple’s XRP $12.5 billion market cap. Litecoin, which powered to fourth place in the list of largest cryptocurrencies last week, has a market cap of $2.6 billion.

So is the bear market over, at last?

“Crypto price movements over the last week have been encouraging, with litecoin experiencing an impressive price surge of around 40%, but it’s important to remember that we’re not out of the bear market just yet,” explained Mati Greenspan, who works at eToro (one of the world’s main crypto brokers) as senior market analyst.

“While some might argue the bears are weakening, bitcoin needs a strong breakout above the psychological level of $5,000 before the bulls can sharpen their horns in earnest.”

In something of an ironic development, ETH’s value went up soon after a report announced that Ethereum’s decentralized apps don’t have that many users anymore. 86% out of 1,300 active apps were completely unused last Saturday. And only 7% of all those apps managed to transact any tokens on the previous day.

The expectation is on the air to find out which digital asset will become the next Bitcoin and also for the next bull run. But having prices as high as they were in December 2017 will not be very useful if those rises happen without mass adoption for at least a handful of essential projects.

In the meantime, Ripple’s XRP is stuck at its current level, which is rather mysterious as well, because, unlike Ethereum, Ripple has been reporting good news for months.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

You can now spend TRX at more than 40 million locations as Tron joins SpendApp

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Spend is an exceedingly interesting fintech platform which probably should be getting more attention from the fintech aficionados and industrials.

Fintech stands for “financial technology,” and it’s a relatively recent trend in communications, technology and financial services that aim to harness the power of the internet, mobile communications, and software to empower the considerable fraction of people in the planet that do not have access to traditional financial service but that still have a mobile phone or some kind of access to the internet.

What is Spend.com?

The company is trying to “create financial inclusion” for more than 2 billion people in the world who don’t have a bank account, and that can’t get one, for whatever reason. It describes its service as a bridge that connects those billions of people to financial services tools.

And it takes things further than most other fintech firms because it works in traditional legal tender (fiat currencies) as well as in cryptocurrencies.

The hope is to simplify banking into something painless, user-friendly, and available from the palm of your hand. The reason is to help customers to control their finances (and hence, their futures).

The content in the previous paragraph could sound very ambitious and idealistic, for sure. But Spend has developed a full digital banking structure that really makes you feel that all those good intentions are becoming a reality.

The platform includes several services available at spend.com, the company’s website, as well as a mobile application (SpendApp), and a debit Visa card that allows you to use the money (fiat or digital) stored in your accounts and use it as if it was money from your savings account that you can spend in every business that takes Visa.

While this is not the first firm to offer that kind of service to cryptocurrency holders, this kind of service remains very rare and localized, while Spend aims to be global.

Spend and the cryptoverse

But let’s focus on the mobile application for now. It does many neat tricks. It can hold several currencies, for starters, traditional or digital. Among the digital assets supported currently in the app you can find all the big boys such as Bitcoin, Ethereum, Litecoin, XRP, and more are being added (more on that later).

But maybe the most impressive thing is that it allows users to buy digital coins directly with their local, national currency just by linking their debit card to the app or web account. And this is really very unusual.

Most cryptocurrency exchanges in the world have nothing at all to do with debit cards, credit cards, or local fiat currencies because the trading pairs they offer are crypto-to-crypto (BTC/ETH, for instance) so you can’t really use them unless you own some crypto coins beforehand.

This discourages new users a great deal. Only a few exchanges actually allow you to buy crypto with fiat (Kraken, for instance) but the process can be intimidating for new users as it includes several identity verifications performed in several ways.

And all that introductory information is just so you can understand easily what’s the real news and why it’s so relevant for crypto at large, for Tron in particular, and maybe even for you as well.

Spend and Tron

Tron’s digital coin, called Tronix (TRX), which is the world’s eighth largest by market capitalization, and that can be particularly tricky to buy, is, as of now, available as a supported currency in SpendApp.

This means that if you install the app (assuming it’s compatible with your device, which is not a given, but you can do it via web too) now you can buy TRX just as soon as you install and configure it. And if additionally, you get one of Spend’s debit Visa Cards, you’ll also be able to use your TRX on the street as if it was real money kept in your real account.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Enjoy Your Valentine’s Day with Tron

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What a phenomenal week this has been for the Tron’s community. If we say that this week has been dedicated to Tron’s lover and follower by the foundation, not many will negate the words. Why not? Just a couple days ago, Tron carried out the first ever airdrop of its new token BTT (BitTorrent Token), which is going to continue every month for next six years, of course to the TRX holders.

Every TRX holder in this span of 6 years will be rewarded 0.11 BTT for each TRX they hold. Remember according to the stats; this airdrop is going to be the biggest and longest one in the history of crypto0sphere, where over 10 billion BTT tokens have been distributed in record time, 4 hours. Yeah, that’s how fast the Tron’s Blockchain is. The next airdrop is going to take place on the 11th of next month.

That’s not all, at the time this record-breaking development was happening, Justin Sun, the main face behind the much-loved crypto and its Founder, announced that they have a surprising news in their bucket for their esteemed followers for the “Valentine’s” day this year to celebrate love, friendship with them, which will be revealed as the day itself will be nearing.

As we all can imagine, the announcement stimulated a lot of thrill among the devoted followers, and everybody in the crypto realm was waiting for the surprise to unfold. And guess what? The much awaited moment didn’t take long to reach.

Subsequently, Tron, the 8th largest and much-talked cryptocurrency in the digital world, announced that they are going to reward five lucky people among those who are going to join their Valentine’s day campaign. The announcement on twitter went as following:

Off course every person is fortunate who has someone special in their life. And surely no other feelings can be matched with the feeling of love and friendship about someone special, but when the homage for those feeling is given by none other than Tron on what you believe in, sounds epic.

Also, on this beautiful occasion, the Tron foundation also wanted to pay the homage to one of the legendary personality in the digital world, Hal Finney, who was the very first man in the history of crypto-space to receive a bitcoin from Satoshi Nakamoto himself. And besides this, he also made a good number of contributions to the digital world. We, the Tron lovers still miss him.

Image courtesy of Pixabay

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Morgan Creek’s $40 Million Crypto Venture Fund Anchored by Two Public Retirement Systems

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A new announcement made a couple of days ago, February 12th, by the Morgan Creek Digital revealed a $40 million crypto venture fund, which was anchored by two public pensions. The two public pensions are the Police Officer’s Retirement System and Employee’s Retirement System, both of which are located in Fairfax County, Virginia.

The fund has attracted a lot of attention, and it already has a number of investors, including a hospital system, a private foundation, but also a university endowment, and an insurance firm.

Institutions marching to crypto

Large pension funds have been considering cryptocurrencies as an investment strategy in the past, with one California-based public pension even considering this possibility back in 2016. However, cryptocurrencies are still at a very early stage, which is why many hesitated to make a move.

While the funds are located in the same area, they are still completely separate, and each of them has its own investment committee. The police pension fund contains around $1.45 billion in assets, and the government employees fund has around $4.25 billion. Both funds are quite large, which is expected to bring closer attention to other public pensions and potential interest in blockchain investing.

The goals of the fund

At first, the new fund will focus on equity investments, with a few potential investments in token-based projects that see a certain amount of cash flow, while they abide by the US SEC regulations. Also, the small portion of the fund will be dedicated to holding small amounts of certain cryptocurrencies.

Morgan Creek decided to make this move due to the public pensions’ desire to diversify their investment portfolio and go beyond investing in bonds and stocks. As the blockchain technology already attracted attention due to its unique applications in numerous industries, the public pensions saw it as an interesting opportunity.

The fund attracted the attention of many in the crypto and blockchain industries, and it already managed to close several deals with established firms, including Bakkt, Good Money, Coinbase, BlockFi, Harbor, and others.

While there are real opportunities for public pensions willing to take the crypto and blockchain route, it was difficult finding those who would be willing to make such a move at this point. Many issues in the crypto world still remain unresolved. However, the new development shows that the institutional investors are not only interested in coming to the crypto space, but that they have already arrived.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

TronSociety’s TronWallet adds support for TRC20 tokens

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The TronWallet mobile app

TronWallet is a mobile decentralized application available for Android that runs on Tron’s blockchain.

This app is a TRX digital wallet, developed and backed by the Tron Society, that has been breaking new ground since it was launched last year.

When it first came online, the wallet’s main developer (Marius Gill) won the programming contest for the Android version. The company has yet to go ahead to develop and deploy the iOS version.

Then, after Tronscan released the Tron-based decentralized exchange, that feature was also included in TronWallet, and thus it became the first mobile TRX wallet with a DEX function.

The developing team is very active and constantly updating and upgrading the app, and they released a new version a couple of days ago. The new feature is support for TRC20 tokens.

TRC20 tokens are new cryptocurrencies issued on Tron’s network. Tron’s technology offers two ways to issue tokens (TRC10 and TRC20). TRC20 is the most sophisticated version, and a host of new coins have been appearing lately in the network to take advantage of the technology in specific use cases.

The Android version is 7.3M in size, it’s compatible with Android 5.0 and up, it has more than ten thousand users already and it’s already popular among TRX (and other Tron-related) tokens. It has 528 reviews at Google’s play store and it boasts 4.5 stars.

App’s features:

Among the dApp’s features are:

  • The ability to create wallets of three different kinds: hot, cold or watcher. Each one offers varying degrees of security (while they are all safe).
  • Holding 100 currencies besides the new TRC20 tokens. That obviously includes TRX.
  • Your balance is displayed as the app’s start screen if your wallet has already been created.
  • You can send TRX, receive, freeze some of your TRX tokens, or consult your transactions history. You can also trade token pairs.
  • Decentralized Exchange. Including a DEX in the wallet was one of its most innovative features when it was released, and it’s still there. That app sector allows you to trade in different Tron-based tokens.
  • Biometric authentication.
  • Vote for a Super Representative. This is probably the most distinctive feature in the Tron community. As you probably know, you can only vote for Super Representatives if you own some power (which is token for internal use within the Tron blockchain) and you freeze some of your tokens for 72 hours. Normally you need to do this at Tronscan, but the wallet allows you to do it from your mobile.
  • Block Explorer. You can consult Tron’s blockchain’s history in full detail block by block if that’s your cup of tea.

If you’re interested in this app you can find it at Google’s Play Store (https://play.google.com/store/apps/details?id=com.eletac.tronwallet) and install it on your mobile. It’s one of the most complete apps when it comes to managing your TRX resources and accounts in Tron.

Just a friendly reminder before we finish this post. Having your digital assets available at the tip of your finger in a mobile app is always convenient and there are many good mobile wallets that are quite safe. But the best way to go is always going to be to sacrifice a little usability or convenience, so if you’re about to adopt mobile wallets, we suggest for you to be extra cautious.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

SEC receives new Bitcoin ETF request

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A new Bitcoin ETF authorized by the Securities and Exchange Commission has been the talk in the cryptoverse for months now. So far, SEC has turned down all the applications but many experts believe that an ETF is unavoidable. But who will get the first authorization in the US? Ever heard of Reality Shares ETF Trust?

A new application is filed at SEC

Reality Shares ETF Trust filed a new registration statement with SEC just yesterday. They want to start an ETF that will include Bitcoin futures as an investment strategy and instrument. The Reality Shares Blockforce Global Currency Strategy ETF will be managed actively and listed on the NYSE Arca exchange. It’s “designed to provide investment exposure to global currencies, both fiat and virtual currencies,” according to the filing.

The new ETF, if accepted, will trade Bitcoin futures at the Chicago Mercantile Exchange and at the Cboe Futures Exchange.

The new firm’s portfolio will be composed of “high-quality, short-term (no greater than 18-month maturity), sovereign debt instruments” in US exchanges listed as pairs against Swiss Francs, Japanese Yen, British Pounds, Euros, and USD. And there will be more instruments available in “bitcoin futures contracts of various maturities listed for trading on U.S. exchanges that provide exposure to the price movements of bitcoin” as well as “money market mutual funds and/or other cash equivalents.”

The fund’s strategy to get access to Bitcoin future includes an investment that could be as high as 25% in a subsidiary it owns and controls in the Cayman Islands. The filing mentions the fund’s investment adviser in that he “will seek to limit the subsidiary’s investment in bitcoin futures so the fund’s aggregate notional exposure to bitcoin futures is limited to 15% of the fund’s net assets at the time of investment.”

A seasoned player

An advantage to Reality Shares is that it already operates two blockchain-based ETFs in partnership with Nasdaq. One is the Reality Shares Nasdaq Blockchain China Index (BCNA) and the other one is The Reality Shares Nasdaq Nexgen Economy ETF (BLCN). While it’s still anybody’s guess what would be the criteria that could persuade SEC to finally approve a blockchain ETF in the US, a proven track record could surely be very important. Also, the association with Nasdaq could confer credibility regarding integration with the traditional financial system.

The first one came online on June 20th, 2018 and tracks the long-term growth of investment returns in the Reality Shares Nasdaq Blockchain China Index, which includes blockchain-based firms from Hong Kong and mainland China. The first one is a bit older (January 17th) and it tracks similar markets but in the Reality Shares Nasdaq Blockchain Economy Index.

Is this application the one who gets accepted? We will find out soon. The most important thing is that, whatever ETF appears first in the US market, it could be the first step in attracting some serious institutional investors to join the cryptocurrency market. And that could be the key to unlock the next bull run.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Is the Ethereum killer the Ethereum copycat? This is why Tron is different

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There are a handful of blockchain projects of the second and the third generation that are constantly compared amongst them. We’re talking about Ethereum, Tron, EOS, and Cardano. In this article, we’ll focus on Tron and Ethereum because both of those blockchains have developed something of a rivalry, and it’s a good idea to understand both the similarities and the differences between them.

Tron vs. Ethereum

Tron began as a project running on Ethereum, and that’s one of the reasons for which a lot of people believe that Tron is nothing more than a new version of Ethereum on steroids. Things are not that simple.

Both Tron and Ethereum are projects which include a token (TRX and ETH, respectively) but, unlike Bitcoin, or Litecoin, or most other blockchain projects the point is not in the token. These are programmable platforms that allow for the development and deployment of smart contracts and decentralized applications.

Ethereum was the first network that featured those capabilities, which is the main reason why it has so much prestige and influence. And that’s also the reason why Tron and EOS started based on Ethereum.

Tron on its own

As Tron became independent of Ethereum, on last May, we saw a lot of talk in the cryptosphere about the “Ethereum killer.” That was because the technical specifications promised by Justin Sun (Tron’s CEO and founder) gave you as a user or developer every capability to do anything you could do in Ethereum.

Except that it would be much faster, much cheaper, and much easier because Tron adopted standard programming languages instead of Ethereum’s languages which are all native and not the kind of thing every programmer knows out of the box.

As Mr. Sun announced Tron’s new specifications, a few weeks before it was launched, Vitalik Buterin (Ethereum’s founder and leader) used his Twitter account to express his skepticism about those specifications. Some would have even called it a bit of a mockery.

But the Tron network was released, and it turned it to be every bit as good as promised. How is this possible? The main reason is: contrary to some popular opinions, Tron is not a rehash of Ethereum. It’s a whole new technology developed using different, more powerful tools and platforms, and that’s why there’s a difference.

It’s all under the hood

Not to get too technical, but Tron is a whole new blockchain built on top of GRPC and DPos. We could explain to you what that means, but it suffices to say that these are the same tools Google uses to come up with all its magic.

Ethereum, on the other hand, is based on JSON-RPC and Pow. Again, not to get too technical, but you surely know Google, and you know how well it works (too well, in many opinions, as a matter of fact).

So, here’s the thing to take away from this post: Tron has nothing to do with Ethereum anymore. It’s considerably more powerful, reliable, and in only a few months it’s managed to have more dApps in the world’s top ten than Ethereum.

It’s innovative, well designed, and well developed. Ethereum was terrific when it first appeared, but Mr. Buterin, able as he is, has not been able to keep his network competitive in the current times.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

News from the Ripple and XRP world

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As usual, lots of things are happening around Ripple, and it’s native currency. That’s how it’s been almost every week for more than a year now, so keeping up with all the news is almost a full-time job (which is our job) and, in this article, we’ll give you a quick digest about what’s been going on lately.

Sendfriend joins Ripple and others

Sendfriend is a blockchain-based remittance company that works mainly for transfers between the US and the Philippines. It currently offers the cheapest, safest and quickest way to process payments between those two countries and it’s raised 1.7Million in new capital to help Overseas Filipino Workers to improve the service’s quality and the customer’s experience.

Among the company’s new collaborators are 8 Decimal Capital, 2020 Ventures, Mahindra Finance, TechStars, the Mastercard Foundation, Barclay’s, MIT Media Lab, and, of course, Ripple.

The Ripple collaboration includes using xRapid to eliminate friction from transfers, and XRP (the coin) as a means of liquidity, so that payments can be settled in seconds.
Ripple has been securing at least a new strategic partnership every week for months now, so this isn’t very surprising, but it shows that Ripple’s leadership is not losing any momentum.

The Ripple community takes the PR war seriously

Ripple’s technology and Ripple’s digital asset (XRP) have not been the most popular cryptocurrency in the world, even if it’s been one of the most profitable coins ever to hit crypto.

Why?

Because Satoshi’s original vision for Bitcoin and cryptocurrencies was to disrupt and finish off the traditional financial system and fiat currencies, Ripple has worked to enhance that traditional system by means of blockchain technology, so many purists consider that to be a betrayal of crypto’s original values and aims. As a consequence, the project and the coin have been at the center of many attacks.

But the Ripple community is steadfast. They like the project and the coin because they understand that the fundamentals are sound.

Recently, the attacks have escalated because many scammers have been using false accounts to promulgate points of view that are, at the very least, very hostile to Ripple.

The community is fed up with this, so they are creating self-governed mechanisms to counteract this. One of those is xrparcade.com. In this website, you can find a list of scammers that are trying to divulge doubtful information about Ripple and XRP. But there are other initiatives.

So how can you protect yourself from disinformation about XRP or any other blockchain project? Well, just make sure you keep reading honest articles. Like ours!

New members in the University Blockchain Research Initiative

UBRI was started last June 2018 by Ripple. It’s a research fund meant to create and support educational programs in blockchain technology all over the world. Last February 7th, Ripple announced that eleven new universities would join the program.

Those include Tsinghua University, the University of Sao Paulo, Northeastern University, the National University of Singapore, the Morgan State University, the University of Michigan, the University of Kansas, Georgetown University, Duke University, Cornell University, and Carnegie Mellon University. Plenty of names with huge prestige in the list, so the new UBRI members don’t lack academic credibility at all.

Investing in education has done wonders in the past for tech giants such as IBM, Apple, and Microsoft. This is, of course, a long-term effort so we’ll have to wait a few years before we can see this tree grow some fruits.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Ric Edelman: A Bitcoin ETF is on the way

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Creating a Bitcoin ETF has been a priority for many influential crypto players for months already (maybe more). But the road to an ETF has been almost as hard as Frodo’s road to Mordor.

Ric Edelman’s opinion

But Ric Edelman, founder of Edelman Financial Engines, appeared earlier today at CNBC’s ETF Edge at the Inside ETFs Conference in Hollywood, Florida. He had this to say on the subject:

“It’s virtually certain. The only question is when” then he continued: “The SEC has several legitimate thoughtful concerns that the industry has to overcome but I’m confident they will. Eventually, we will see a bitcoin ETF and it’s at that stage that I will be much more comfortable recommending that ordinary investors participate.”

The Securities and Exchange Commission (SEC) has been walking with led shoes on the subject of cryptocurrencies. Are some of them securities? Are some of them actual money? And how can you tell the difference? Should these assets be available for the market at large?

And how should they be regulated? SEC has provided us with some answers to those questions, but some questions still remain, and they are getting on the way of mainstream adoption.

SEC’s decisions will be important because Bitcoin still lacks a secure chain of custody (in traditional terms, in practical terms, Bitcoin’s blockchain is most likely much safer than the traditional mechanisms).

On the other hand, SEC’s decisions will apply to the US only, which is not that important in crypto compared with Japan, China or Korea, so it will have no way of affecting international price flows or to governate trading platforms based overseas.

The big boys are interested

Mr. Edelman also explained that major financial institutions are interested in finding a solution that enables them to get a piece of the crypto action, and that could be enough for an ETF to go online eventually. The market is already there.

“We’ve got some serious players. Fidelity has made a major announcement in the custody issue. We’ve got Kingdom Trust and a number of other very serious players on the custody side. I’m confident that in very short order VanEck or Bitwise will satisfy the custody concern to the SEC,” according to Mr. Edelman.

Tom Lyndon has an opinion too

Tom Lydon, who is ETFTrends.com editor-in-chief joined the conversation to add that he already sees a huge demand for something like a Bitcoin ETF.

“There is pent-up demand. We interview advisors all the time. Seventy-four percent say they’ve talked to clients about their interests in bitcoin, so they need to step up when this happens because that money is going to go elsewhere,” Lydon contributed.

VanEck and SolidX are trying to get an SEC authorization to come up with the world’s first Bitcoin ETF. But they withdrew their application because Trump’s government shutdown could complicate things too much to get a resolution in time.

And why does any of that matters to you or me? Because many experts agree on something: the next bull run in crypto will be driven, at least partially, by institutional investors. So far, crypto’s players are small investors for the most part, and an ETF would be one of the ingredients that could change the market for good.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Biopspace.com, Tron and the ALS Association launch the VoiceYourLove campaign for ALS awareness

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Tron is going to join forces with Biospace.com and the ALS Association to create awareness for ALS. They are going to take advantage of the good wishes that are common during Valentine’s in many of the world’s countries to work together and make a difference.

In this article, we’ll tell you quickly who these three players are, and a little about the initiative as well so you can be aware and join it if you consider it a worthy cause.

Biospace.com

Biospace is an online platform that champions the industry of the life sciences by providing a hub for news and careers. While it’s now a fully digital resource, it’s been around since 1985, providing insights, opportunities, and connection tools for organizations and talented professionals who work on improving health and quality of life in the planet.

The website is the most comprehensive source for news and information in the life sciences. It breaks the news daily and helps investors and scientist to be up to date with the essential information on the medical device, pharmaceutical and biotech industries. As such, it’s quite an influential website that can generate traffic, relevance, and awareness for all the subjects it deals with.

Tron

Tron is a third generation blockchain-based programmable platform that allows for the development and deployment of decentralized applications and smart contracts. The platform includes a native cryptocurrency called Tronix (also known as TRX).

The Tron project was founded by Justin Sun, who already had fame and credibility as a technology investor and creator, and it has a very definite objective. It wants to decentralize the world wide web using its blockchain.

It’s become one of the most famous blockchain projects in the cryptosphere in a concise time (about a year and a half), and it’s managed to grow in a time in which most of the other projects in crypto are either shrinking or losing value.

The ALS Association

ALS is an illness better known as Lou Gehrig’s Disease. The association is committed to create awareness about it and fight it. In order to achieve those objectives, they look for all kinds of help. They’re especially adept at PR since that facilitates getting donations that can be used for the scientific research that could help eradicate ALS.

The campaign for ALS awareness

The new campaign is called “VoiceYourLove,” and it includes the help of several blockchain technology players (the Binance Charity Foundation will also help), several celebrities and some Silicon Valley giants.

Former “Friends” star Courtney Cox kind of launched the campaign by issuing a video in her Twitter account:

“@CourteneyCox
When was the last time you told someone you love them? Today we’re launching the Voice Your Love campaign to raise awareness about #ALS and bring a little more love into the world. @alsagoldenwest
#VoiceYourLove “

We wish the campaign great success. It will not only help the ALS community, but it will help crypto as well because it will show the world how the blockchain technology can be a force for good in the world (which remains a doubtful proposition for a lot of people on the earth).

You want to Join Tron in this kind endearue and donate? Excellent. Here is the official donattion page where you can donate TRX to support the cause.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Editor’s Note: The article was updated to include the official donation page link.