Tron and the Tron Weekly Journal
Tron is a complex and extensive third generation blockchain project that includes many different things which incorporate the Tronix token (TRX), the BitTorrent network, and a lot more. As such, it’s rather hard to keep up with news regarding Tron which is why the Tron Weekly Journal exists.
The Tron Weekly Journal is an online digital content platform which aims to concentrate all the news about Tron in a single source. The community is very active, but there is no central portal so that investors, aficionados and community members can find out consistently what’s happening in the project.
Our team is comprised of experienced writers and analysts from all over the world who strive every day to bring the community the relevant news they need.
This platform is all about meaningful an relevant content, but it includes an additional ingredient: a native cryptocurrency. It’s called TWJ, it’s a TRC-20 token (which means it’s based on Tron’s token technology), and it’s the means in which content creators are paid for their work, advertisers pay for ads and every economic activity related to publishing is carried out in the website.
TWJ is already one of the most successful TRC-20 tokens, and the best news is that an airdrop is around the corner. Let’s dig a little deeper and find out all you need to know about the upcoming airdrop.
The Airdrop: What you need to know
It will be based on a snapshot of your Tron wallet. That snapshot will be taken on Feb 26th, at GMT+8, so make sure you have a few (the more the better of course) TWJ.
The airdrop will happen on March 3rd (GMT+8), so that’s when you’ll get your tokens.
Every TronWeekly-holding wallet is eligible as long as your wallet address is listed as a holder wallet in Tronscan.
A ratio of 1:07 will be available for those who still have the same or higher amount of TWJ from snapshot date to the airdropping date.
If by March 3rd, you have fewer TWJ than on the snapshot, the ratio will be of 1:0.5.
After the Airdrop
So now you know. The next question is: what happens after the airdrop? We’re glad you asked.
A number of TWJ tokens will be burn. We will burn as many tokens as the total amount captured on the snapshot date. This will help prevent inflationary pressure and keep the token’s value high.
The airdrop will be massive but it’s just one of the many incentives we want to provide to the community. If you read the articles published at the Tron Weekly Journal, or comment on them, or contribute in any way, you’ll also be rewarded with TWJ tokens for your efforts. There will be something for everybody.
More incentives are to come, just keep tuned so that you learn about them.
What do you need to do?
Well… nothing, really. But you could make sure that your address is included at Tronscan as a TWJ holder. That way you’ll know for sure you’ll be part of the airdrop.
And this is just a suggestion: don’t sell right away. Remember, there that we will be burning a lot of tokens so the price could just increase very quickly. Wait a bit, see what happens, you could earn a bit of tokens just by holding them.
Any questions? You can contact any of these fine people who will be happy to listen and answer to your questions, on Telegram: @Tronweekly @Anuroopz @getwhalesoon @Adu_m
Or direct message us on Twitter.
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.