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You are here: Home / Archives for Tron Universe / Tron Tokens

Tron Tokens

TronSociety’s TronWallet adds support for TRC20 tokens

February 14, 2019 by Naveed Iqbal

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.

– Tron Wallet v1.1.10.0 –

We've released a new version of our Tron Wallet!

New Features:
– TRC-20 support
– Proposal #16 integration, you can choose now the receiver of the frozen bandwidth and energy

Download here: https://t.co/NC1wOkmc6m#TRX #TRON #TronSociety #TRONICS

— Tron Society (@TronSociety) February 12, 2019

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.

Filed Under: Tron Tokens, Tron News

Duel arrives in TronBet, here’s all you need to know

February 5, 2019 by Naveed Iqbal

TronBet is turning the decentralized application world upside down. It’s become the world’s most important app by trading volume (from 6 to 24 Million USD daily according to dappradar.com), and it’s changing the way in which games and bets are done online around the world.

OK, let’s start at the beginning. TronBet is a decentralized app running on Tron’s network. It’s a betting app that includes three games: dice, moon, and ring. Many features put TronBet in a different league than any other traditional or decentralized betting platform.

For a start, it offers mathematically fair odds to every player. This is anathema in most gaming platforms. Traditionally, the house always has an edge. That’s how it makes a buck by allowing you to play without commissions. The platform’s games are as simple as they are entertaining and they’ve been gaining a loyal userbase very quickly.

So how can TronBet be profitable if it pays fair odds? Well, every prize won pays a 5% “tax,” that’s how it can manage to stay in business and earn some tokens. The good news is that the TronBet team is willing to share the profits with you. That’s why the project includes a Tron-based token called Ante.

Every 1000 TRX you bet at TronBet will get you an Ante token. And holding that coin is going to earn you the right to participate in TronBet’s profits. The more Ante you hold, the bigger your share in the site’s profits. This is an online casino that plays fair and is also willing to reward you for playing via a custom token and profit sharing. This is nothing short of revolutionary in the gaming world, be it traditional or blockchain-based.

And now the platform has increased its product offer by releasing a new game called “Duel.” The new game is an extension of sorts to the previously existing “Ring” (which was released last December 28th). The game is as simple as it is addictive.

You start with a ring-shaped roulette (hence, the name) in which you choose one of four available colors. Then the wheel spins, and a color wins. Then, in the next stage, you make a numerical guess. And that’s it.

Duel is even simpler. You open up a challenge by placing a bet and choosing a color. Then another player in the system can accept your challenge, and play against you for the amount of TRX you placed by choosing a different color. When the duel is set, the system chooses the winner randomly.

There are other new features at Tronbet such as the daily tasks. Every task you complete earns you points, rewards, and you can raise through the site’s levels so just joining the platform becomes something of a game in itself.

The tasks are things that you’ll probably complete anyway at some point like winning 30 times at Dice, or at Moon, or Ring, just to give you a simple example, but there’s a variety of goals to complete.

Joining TronBet is exceedingly easy. All you need is to have a Tronlink wallet (which is a chrome extension) and own a few TRX coins, which are also useful in many other platforms in the Tron network.

So TronBet gives you the chance to play a bit, have some fun, and earn a little passive income by accumulating Ante. It’s very original and convenient which is why it’s one of the world’s top ten decentralized applications.

Image courtesy of Pixabay.

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

All that you need to know about Tronchat is right here

January 31, 2019 by Naveed Iqbal

Tron is a third generation blockchain network that’s been pushing very hard to develop new decentralized applications and deploy them in its network. Five out of the world’s top ten Dapps are Tron’s including TronBet, which is the world’s biggest regarding cash flow. And there’s a relatively new kid in the block: Tronchat.

As you can probably guess from the name, the new app is all about chatting with your friends and contacts. It’s a new social media that runs on Tron’s blockchain. As it’s happened with most of Tron’s new decentralized applications, it’s not just your standard app, but it’s very innovative in several ways.

The app can be installed on your mobile phone, and it allows you to share media such as pictures, videos, stories, and premium content. You can use it for the chat and for messaging individually or in chatrooms. And it rewards you as a user giving you Evo and TRX tokens.

So how does it work? Well, it’s quite simple. You just download and install the app, create a profile and then you start sharing pictures, videos, stories. Chat with your friends through messages and chats.

Then you can earn EVO and Tron tokens by being an influencer and charging users for subscriptions to your content. Even opening new messages will get you rewards but you can also get tips from other users, and joining premium chatrooms also earns you a reward.

The app is a member of the DAPP Evolution Ecosystem which is an environment within Tron that’s powered by the EVO token. It aims to open new possibilities for the internet of value by rewarding users for the money they spend using the apps. It will be available soon for iOS, Android and Windows.

The new chatting app has been in the works since last December (the project’s latest white paper update happened on December 24th), and it’s about to be launched soon. It’s not just about chatting, though. The idea behind the Evolution family of apps is to return value to users in a way that the internet hasn’t seen so far.

Security and transparency are central values in TronChat (which is a contrast with other social media platforms such as Facebook which have been suffering from some very murky episodes over the last months). Contributions in the platform will empower and reward users who will earn tokens for competing microtasks, watching ads, and reacting and replying to paid inbox messages

The EVO token will go on sale at 20 TRX and it will be useful for buying advertising space at TronRadar, to buy virtual goods and services at TronChat, to compensate premium content and subscriptions at the chatting app, to pay for fees, items at TronCollectibles, to buy exclusive EVO collectibles, to create or to join premium chatrooms, exchange messages and to contribute to dApps at the EVO dApp incubator program.

Tronchat’s core values are fairness, utility, privacy and equal opportunity for all users.

Tron’s community is nothing if not enthusiastic, and Justin Sun (Tron’s CEO and founder) owes his credibility and fame as an entrepreneur to a messaging application called Peiwo, which is China’s dominant communications app. So it will be very interesting to see how TronChat develops.

Image courtesy of PixaBay.

Filed Under: Tron Universe, Tron Tokens Tagged With: Blockchain, Tron Tokens, TronChat

Bimoney’s new Candybox gets launched

January 29, 2019 by Ali Qamar

This is a special month for BiMoney. It’s a blockchain technology company specialized in the production of cryptocurrency wallets. So far they have four different products: mobile, hardware, sim card, and enterprise. Bimoney wallets are very safe and complete, they include four layers: application, contract, service, and accounting.

The Mobile wallet supports all major cryptocurrencies (BTC, ETH, EOS) and is authenticated by iris and/or fingerprint recognition. The Hardware wallet offers you the advantage of recovering a lost encryption key.

The SIM Card wallet lets you turn your mobile phone into a crypto wallet and the Enterprise wallet allows for multiple signature management. It’s a very wide and complete line of products. And now, BiMoney is launching a new member in the product family: Candybox.

The new wallet will support all the usual suspects (Bitcoin, Ethereum, etc) but it will also be useful to store Tron’s TRX tokens as well as some of the Tron-based newly minted tokens such as Tron Weekly. And it will be launched today, which is why BiMoney is in a celebratory mood.

Candybox is going to have a launch in style. Several related events are planned to happen today to mark the occasion, ANTE, DICE, FUN, Tron Weekly and CTT, have prepared millions of candy benefits. Users can directly get them from BiMoney wallet on the candy box pageANNOUNCEMNET

The new wallet signals a partnership between Tron and BiMoney, which could be great for both. It’s to Tron’s advantage to have as many digital wallets as possible supporting TRX as well as other Tron-based tokens that also comprise the Tron ecosystem.

For Bimoney, it’s also good because it will be able to tap into the Tron community of users which is very bullish about TRX, very enthusiastic and they just love using the token in all kinds of ways. TronBet, for instance, is already the world’s decentralized app with the most money flowing through it (from 10 to 24 million USD daily).

Yet another partnership has come to fruition as Candybox is launched. We are talking about a partnership between BiMoney and the Beachfield Welfare Agency. BiMoney will be a link between Beachfield and nine major players within the Tron community, such as the Tron Weekly Journal (which issues its own Tron-based token, Tron Weekly) and eight other projects represented by the wallet’s support for their tokens. Tronbet’s ANTE is in the mix as well as DIEC, FUN, and CTT.

So what is this welfare agency project? Well, it’s a blockchain service for a blockchain era. It’s a decentralized airdrop tool built on wave field technology. It can accept things such as game props while also receiving tokens through its exclusive set of functions and deep games combination.

It enables more convenient functions than you find in standard airdrops, so every user experiences an utterly smooth and innovative experience in the wave field. The Wave Field Welfare Society seeks profound collaboration with more wave field decentralized application developers. That way the developer community and the society will promote together the healthy development of the wave field technology which will, in turn, empower dApps.

Filed Under: Project Review, Tron Tokens Tagged With: Crypto Wallets, TRON (TRX)

Tron-based GOC DEX about to go mobile

January 28, 2019 by Ali Qamar

The overly ambitious Tron-based platform called GOC announced that its decentralized exchange platform is going mobile. This is quite surprising when you take into account that the web version has been plagued with problems and it was not working (“under maintenance”) last week (for a while though). But it is terrific news nevertheless so let’s dig in a little more detail.

GOC is a family of decentralized apps that run on Tron’s network and blockchain. There’s GOC Play and GOC DEX.

GOC Play is gaming and gambling online platform which includes several classic casino games such as dice (craps), roulette, blackjack, baccarat, plinko, the fruits (a slot machine clone) with many more under development that will be online soon.

It has two native cryptocurrencies associated with it, one is called PLAY, and the other one is called Reward (RWD). Both are Tron-based tokens. The first one you can get at GOC DEX (a decentralized token exchange for TRC20 tokens developed and managed by the same team) and you use it to place your bets at the platform. The second one is, as the name suggests, a coin you get as a reward (or incentive) for using the platform to have some fun playing the available games.

Joining either GOC platform is exceedingly easy. All it takes is having a TronLink wallet. This particular wallet is nothing but a Chrome extension which takes less than 30 seconds to install in your browser, and once it’s there, you’re basically all set. You just need to get a few PLAY tokens, and that’s it. You’re ready to play, have some fun, and start getting some RWD tokens which you can use to buy tickets for the Weekly Reward Pool party, and acquire the right to some additional benefits that will increase in the future, according to the platform’s FAQ.

The latest news from GOC is that GOC DEX, the decentralized crypto exchange for TRC20 tokens in which you can get PLAY tokens, is going to become a mobile app shortly. The announcement came about at GOC’s Twitter account (@PLAY_GOC), and it features a screen cap that shows how the app is going to look like.

So why is this relevant? The web version doesn’t even work properly (it went to maintenance last week all of a sudden, but yeah, was up very shortly again) as you could see either by opening the site’s link (https://market.goc.network/en/exchange/v2?id=33) or by reading the comments that Tron users were posting at the platform’s Twitters.

Well, as we wrote in the previous paragraph, the site runs correctly now already. But more than that, crypto mobile apps are one of the ways in which decentralized apps and blockchain technology can achieve mass adoption a lot more quickly. And mass adoption is the name of the game. The more people that can find an easy way to join any of these platforms and buy TRX or Tron-based tokens, the more demand there will be for those tokens. And real-world demand is the one thing that can give any cryptocurrency market value and capitalization.

Tron and Tron-based projects have found ways to reach lots of new users and to capitalize on the currency. The proof is in the pudding: Tron is 8thth by market capitalization right now when just a few weeks ago it was 11th. That’s an amazing rate of growth, especially since the rest of the market is still bearish and keeps shrinking.

Image courtesy of PixaBay.

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

Meet Crash365, Tron’s new gambling app

January 20, 2019 by Ali Qamar

Tron has managed to become the main blockchain platform for both standard and decentralized apps, beating Ethereum and EOS in the process, and it’s been an independent blockchain for fewer than seven months. In that short time, Justin Sun’s project has managed to deploy more than 200 applications and to create an ample user base of community members that are very committed, enthusiastic and bullish about Tronix (TRX), the project’s token.

How did this happen? By a very wise mixture of great (and effective) marketing and products that are reliable, fast, and, above all, innovative. In short: by delivering great products and publicizing them well.

TronBet, a gambling app running on Tron’s blockchain is already making waves in the crypto sea by transacting as much as 24 million USD on a daily basis. Other remarkable Tron apps include Epic Dragons, Play GOC, Allbet, and Fishing Master. Each and every one of those is on dappradar’s top ten apps by users.

But we’re here to tell you about the newest family member: crash365, which you can find at crash365.io. It’s a gaming/betting standard app with many interesting and innovative features, as is usually the case with Tron’s platforms.

We start at the most basic level: the game offers you mathematically fair odds, which is also the usual thing with Tron’s games. This is nothing short of revolutionary as every traditional gambling site will never pay you fair returns. The house always has an edge. That’s how they make a buck, and there’s just no way around it.

But, as we stated previously, that’s a common trait that all the Tron betting games we’ve seen so far share, so let’s focus on what makes crash365 different.

Crash365

crash 2

The site is managed very generously. You can get rewards just by hanging out at the site’s chat. Rewarded with what I hear you ask? There’s an in-site bot that rains TRX on random chatters, and also when a user wants to. The admins also issue random giveaways frequently. And there is a support team working 24/7 ready to solve all your doubts and make you feel very welcome.

Additionally, you can transfer tokens to any user you want using the site’s Transfer Page (you just fill up a simple form, and voilá!). Just make sure your lucky friend refreshes the page so he or she can see the arriving tokens.

So at Crash365, you can have a bit of fun playing an entertaining game that’s proven to be quite popular among players, and you will also get some passive income in the form of TRX tokens just for being around, and even more, if you pick up a friendly conversation in the site’s chat.

So what are you waiting for? Come and join the world’s fastest-growing blockchain project, have a bit of fun betting at fair odds, make some new friends and, if that is not attractive enough for you, get some free TRX that you can also use in any other of Tron’s applications. Crash365 is waiting to hear from you!

Image courtesy of PixaBay.

Filed Under: Tron News, Tron Tokens Tagged With: Tron Tokens

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

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.

LoveHearts Token Swap Update.
We have issued LoveHearts TRC20 and tested the 1:1 swap functionality with LoveHearts TRC10 which works flawlessly. In Tronlink this is all ready to go. We still wait for TronScan to white list LoveHearts TRC20 so you can see them. #NearlyReady pic.twitter.com/doSmpzs17E

— LoveHearts #♥️♥️♥️ (@LoveHeartsToken) January 12, 2019

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

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

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