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Tron DApps TronBet and TronDice make it to GoDapp

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

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

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

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

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

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

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

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

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

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

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

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

Image courtesy of PixaBay.

LoveHearts token migrating to Tron TRC20 technology

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

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

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

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

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

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

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

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

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

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

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

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

Image courtesy of PixaBay.

PLAY GOC makes vital announcements for LoveHearts and TRC10 WIN holders

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

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

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

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

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

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

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

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

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

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

More upcoming updates on PLAY GOC

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

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

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

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

Image courtesy of PixaBay.

The Tron based IGG token gets withdrawn from Tronscan DEX

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Intergalactic Gaming Gold (IGG) announced earlier that its Tron-based token has been officially withdrawn from Tronscan’s decentralized cryptocurrency exchange. This move follows the need to migrate the token from TRC-10 technology to TRC-20 (both are based on Tron’s protocols).

The IGG token is currently TRC-10 and it’s been traded on the Bancor protocol based decentralized exchange for more than a month. That exchange tends to be a little volatile, which is something the project wants to avoid.

IGG is in alpha stage for its testnet v1.0, which is quite advanced, and the next step in the way is to turn IGG into a TRC-20 token. Said token will be listed on TRXMarket which is an Order Book style kind of thing. The TRXMarket listing costs nothing but it has the advantage to make the token’s economics a lot more liquid.

So what’s the difference between a TRC-10 and a TRC-20 token, I hear you ask? Well, it’s all about flexibility and functionality. TRC-10 tokens are not that flexible nor functional, while TRC-20 tokens are standard resources in the Tron blockchain for smart contracts and they can be implemented via de Tron Virtual Machine (TVM).

Those features are essential if IGG’s vision for a tokenized standard in the online gaming industry is going to work at all. The token is meant to satisfy several use cases, and in most of them, being able to comply with a smart contract between platform users is crucial.

This is a pivotal time in IGG’s journey, and the project feels this is the moment to affect the migration towards a TRC-20. As mentioned above, that will enable the token to be deployed in smart contracts for users (which in this case are players). The players will be able to establish teams on the Tron blockchain quickly, instead of migrating once the teams are settled. And it will also allow for a freeze feature, among many others.

Besides improved functionality and use cases, the migration gives the IG project the opportunity to do a little marketing by rebranding the token that makes the IGGalaxy move. There’s a list of potential names at the project’s website for community members to cast a vote and suggest what the new token’s name should be.

The new name is already chosen and if your entry wins you’ll get a million tokens. You can join the competition by sending an email to [email protected]xy.com

The developing team is currently working on a script that will enable Glacticians to send their IGG to a wallet that will send them the new TRC-20 tokens back, on a 1:1 basis. The new token will be ready and functional in about 24 hours and thus will the swap process begin.

It’s important for users to know that the SR rewards and Loyalty rewards for IGG will be suspended until further notice. TRX rewards will, however, remain functional. But the suspended rewards will be backdated and honored once the new token is ready.

If you want to get official instructions for swapping tokens, just visit the project’s website, where you’ll find all the information you need. In the meantime, we suggest you be patient and prudent.

Image courtesy of PixaBay.

Top 3 Tron (TRX)-based coins everyone needs to keep an eye on

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Tron’s blockchain and Main Net allows you to issue your own TRC-20 cryptocurrency very easily. It’s probably easier than it was to do on the Ethereum network (Tron’s Tronix itself started as an ETH-20 based currency) and people and organizations are taking advantage of this feature. Let’s have a look at the three biggest Tron-based coins right now.

IGG

Intergalactic Gold (IGG) is issued by Intergalactic Gaming, an organization that’s looking to become one of Tron’s Super Representatives (in fact, they already are now). The project’s aim is to use the Tron blockchain to decentralize online gaming all over the world and to use the IGG token as a means of exchange between users and players.

The online gaming platforms have spawned real economic activity as the most enthusiastic players get some of the most exotic items in each game and then trade them or sell them to other enthusiasts who are willing to pay for them.

If Intergalactic Gaming has its way, this trades will happen in the future by means of IGG. So this is not a token that’s meant to pay for your cigarettes or your beer, but to stay 100% digital, within the video gaming communities of the world.

It’s the top Tron-based token by market capitalization at $121,213.6 USD, it costs $0.0008817 and the supply is of roughly 50 billion.

TronWeeklyJournal (TRWJ)

Our site, the Tron Weekly Journal is a news outlet mainly focused on Tron. As our Facebook page notes,

“Tron Weekly Journal (Tron Weekly) is an endeavor to bring all Tron world news under one umbrella. All latest events, happenings, ICOs, business ideations, interviews of ideators and entrepreneurs, and every activity in the world of Tron will now be available under one unified online journal called the Tron Weekly Journal. While there has been immense churn and activity in the world of Tron, there is no centralized portal or information pool where a new initiator or Tron enthusiast can gather necessary information, be part of a Tron network and connect with other Tron enthusiasts and investors.”

The Journal spreads the news through all the usual social networks and the main website (tronweekly.com) and it also issues its own token, TRWJ. The token’s purpose is to reward content creators and to carry out advertisement, promotion and other similar tasks relative to publishing.

TronWallet

The third asset we’d like to list is called TronWallet (TWX). It’s capitalized at $126,084,554, costs $0.0042028, and the total supply will be of nearly 30 billion of which half are in circulation currently.

TronWallet is an app available for both Android and iPhones. It’s a crypto wallet and exchange for Tron users. It’s an open-source project that puts emphasis on security and usability.

According to the project’s website, the coin’s purpose is to be,

“used inside the TronWallet Autonomous Exchange. TWX will enable token holders to swap tokens and run Dapps on top of TronWallet and its sdk’s (software developer’s kit). It will enable users to connect into a hub and execute instant purchases of tokens directly through smart contracts, at a price that is continuously recalculated. An unstoppable autonomous exchange and liquidity network.”

Image courtesy of Pixabay.

Top 5 Tokens On The Tron Network

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There are so many tokens, and so little TRX. If you’re a good investor, you are probably thinking and debating what tokens to buy next, before the big winter spike. Search no more! In this article we will cover the top 10 tokens on the Tron Network. These are, in our opinion, the tokens with the biggest potential to increase in value over the next few months. Investing in any of the tokens below is, however, not risk free. We urge you to do your own research and see if you come to the same conclusion as us.

SEEDS

1. SEED – The leader in all aspects on the Tron Network. SEED is Sesameseed’s token. Sesameseed is the Super Representative with the most votes. They created the Seedit Bot which serves as a medium for Tron Network token exchanges on Telegram. They also created the SeedGerminator, which is a funding accelerator for legitimate Tron DApps. SEED is the most liquid digital asset on the Network, has a clear use case and increases in value constantly and consistently due to the ecosystem created by the Sesameseed team.

igg22 1

2. IGG – A gaming token. Second most liquid asset on the Tron Network. It has a highly disruptive potential in the gaming market, which by the way, is kind of big. So big, that if IGG manages to capture just a small fraction of that market through partnerships, the price of IGG could skyrocket. The team behind the token is very professional and is currently working on a platform that would reform the way competitive gaming occurs in the esports landscape.

twm3. TronWatchMarket (TWM) – A token used on a decentralized exchange on the Tron Network, funded through Seed Germinator, which will allow you to trade any Tron token safely and securely. TWM will be used similar to the BNB token. It will serve to reduce fees or eliminate them entirely for life. Liquidity and demand for this token is not yet very high, but once the exchange will open, the price for TWM will most likely increase because of its utility.

eggies4. EGG – This is a token required to play the game Eggies which was funded through the SeedGermaniator. The value of EGG is currently set at a fixed price by the game creators, while on the market its price is under the ICO price. However, the price will most likely increase once the game is released and rewards start to hit the players. Besides the EGG tokens, this game will also have SEED EGG, EGGUITY and partner food tokens which will also probably increase in value once the game is live.

pop5. Poppy –Tokens which represent equity. Poppy aims to lower the barrier to entry for retailers wishing to enter the crypto payment space by creating an application to accept TRX and other Tron tokens using existing POS systems. Poppy tokens entitle the holding account dividends to be distributed by Sesameseed as SEED tokens monthly. So each Poppy token holder will receive a part of the company’s profits.