Tron Acquires CoinPlay to Boost its Ecosystem

Tron is one of the biggest projects in the crypto market; after its acquisition of P2P giant BitTorrent, the Sun-led initiative has acquired an emerging project, CoinPlay, a blockchain application store.

Today, Tron’s CEO broke about the new acquisition through a tweet on his official Twitter page. The tweet is:

Tron is motivated in stepping up its game and making sure the followers have the best. CoinPlay is the first blockchain global store focused on offering the best and most up-to-date blockchain applications.

It is worth noting that blockchain applications are very difficult to get on various app stores online and if seen, these blockchain apps are very hard to monitor the source for a secured download. In view of this, Tron and CoinPlay are poised to make sure all that does not occur again, and that blockchain apps would offer the best experience for crypto-enthusiasts all over the world.

Ever since Tron was created, it gears towards making a decentralized internet. Its BitTorrent’s acquisition was regarded as a big feat in the crypto space. With BitTorrent acquisition, Tron is one of the most decentralized projects. Moreover, the acquisition of CoinPlay also boosts Tron in progressing the crypto space.

It is important to know that CoinPlay offers different varieties of blockchain applications and Dapps through downloads, and offers guidelines, ratings, as well as practical guilds. Besides, CoinPlay will also offer support for multi-platform and GitHub query in the future for these blockchain games. The platform will also provide GiThub query for these apps and articles on cryptocurrencies plus links to quality projects and digital assets.

Concerning the acquisition of CoinPlay, Justin Sun stated this:

“TRON recently completed its MainNet upgrade v. 3.5. As a blockchain-based entertainment ecosystem, we will continue focusing on content and entertainment. The recent acquisition of CoinPlay aims to better serve the blockchain industry. The year 2019 will be the year of exponential growth for the TRON ecosystem.”

In other news, Tron is now in collaboration with Tether to issue USDT tokens, which will also offer great incentives for early owners of the tokens, thus equaling 100 million RMB, “to get existing USDT holders to transition to TRC20-based USDT and advance the potential of decentralized finance.”

Justin stated,

“We believe that with a faster, more economic and concrete stablecoin payment experience, more ordinary people will start to pay attention and use DAPPs. In addition, we will offer attractive incentives for early adopters, totaling the equivalent of 100 million RMB, to get existing USDT holders to transition to TRC20-based USDT and advance the potential of decentralized finance.”

Tron, founded in 2017 by Justin Sun, is motivated in creating a decentralized internet – we all know that. It is also known as the most decentralized project in the world. Justin Sun is now the Chief Executive Officer of BitTorrent Inc. based in San Francisco, too.

And now, BTT, BitTorrent’s token, will help link BitTorrent users to blockchain thus enabling faster downloads. Moreover, the Sun-led blockchain platform also connects lots of developers and content creators all over the world through its incentivized ecosystem based on Dapps and blockchain.

Consequently, Tron has made a good number of achievements in its short life so we can keep talking about them all day long. For now, let’s see how this new acquisition works out for Mr.Sun and his company.

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.

Naveed Iqbal: A crypto nerd, internet security wizard. Believer of 'decentralization' in real. Love helping others and spreading information worth sharing.