• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Industry / Project Review / Tron’s BOOK project (WRT) to launch its Dummy Book Network
Tron

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

Primary Sidebar

Recent Posts

  • Gokhshtein’s Ethereum Tweet Amidst zkSync’s Launch Of World’s First zkEVM Mainnet? March 26, 2023
  • Shiba Inu Releases Documentation For Shibarium Beta: A Low-Cost Blockchain Solution March 26, 2023
  • Polygon Prepares For Mainnet Beta Launch Of zkEVM – What To Expect March 26, 2023
  • SushiSwap Faces A Double Whammy: SEC Subpoena & Market Cap Drop March 25, 2023
  • Binance Spot Trading Halts: Swift Response & Transparent Updates Eases Customer Concerns March 25, 2023

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2023 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.