TRON

TRX
0.03 % (24hr)

$ 0.0134874522

❝ TRON is a blockchain based open source protocol for a global digital entertainment industry. It allows users to create, store and share digital contents including pictures, audio and video on a free and uncontrolled basis. ❞
Market Cap

$ 893.5M

Current Supply

$ 99.22B

Max Supply

$ NA

24hr Volume

61.42M

Proof

PoS

website

Visit

 

Introduction

TRON is the blockchain of the entertainment system of free content and often termed as the design to "heal the internet". The system enables the direct interaction of users and providers of digital entertainment content. It facilitates payment, storage, development and credit sharing easy for entertainment enthusiasts and circumvents the need to pay high channel fees for a centralized platform like Google Play and Apple's App Store.

TRON's official token is TRONIX and is traded with a symbol TRX.

How TRON Works

TRON leverages on the strengths of social network and value network for the ecological prosperity. TRON believes that a fair and reasonable incentive system is the fundamental of participants in the network which will be the enabling factor for using the digital asset for the first time.

The smart contract protocol enables users to easily access the features of the crypto and also allows the users to freely publish, store and own the data. Participants enjoy the complete authority on their content and can decide what, how and when to share it. It enables users in one country to purchase digital assets originating from other countries and also helps to overcome the traditional payment hurdles.

The core values of TRON

  • Data creators will have the fundamental ownership of the content and internet should be decentralized
  • Those making contribution to the TRON ecosystem will be entitled to proportional profits for their work, according to rules
  • All forms of contribution should be of equal quantitative value
  • The fundamental objective of TRON is to provide services for the public
  • Content should derive from people rather than capitals, and content should be used to reward people rather than to control people

Services Offered by TRON

  • A High-quality content platform
  • Social network that provides a link among all people
  • Digital currency as a bridge
  • Payment network
  • Autonomous ecosystem

Key Features

Data Liberation: Contents including pictures, audio, video can be stored and shared on a free and uncontrolled basis using the platform.

Content-enabling:  The digital assets or content are obtained through the provision and spread of contents, thus stimulating the content ecosystem.

Personal ICO: An individual on the network can freely distribute assets in the form of ICO, and others may take the benefits and services brought due to the continuous development of contributor's data by purchasing the digital assets

Infrastructure: All the distributed digital assets are equipped with a complete set of decentralized infrastructures, including distributed exchange, autonomous gaming, forecast, and game system.

Founder and History

TRON was founded by Justin Sun, a graduated of University of Pennsylvania around August 2017. Justin has been featured in the list of top 30 influential in Forbes China 2015 and is also the former Chief Representative in Greater China for Ripple. 

Key Data 

Total Supply: 100 billion coins

Token Type: ERC20

Distribution

  • Public Offering- 40 percent
  • TRON Foundation and the ecosystem- 35 percent
  • Private offering- 15 percent
  • Initial supporter-Peiwo Huanle (Beijing) Technology Co., Ltd.- 10 percent

Roadmap

  • Exodus, free data - point-to-point distributive content updating, storing
    and distribution mechanism, August 2017 to December 2018
  • Odyssey, content empowerment - economic incentive-empowered
    ecosystem, January 2019 to June 2020
  • Great Voyage, personal ICO, July 2020 to July 2021, 
  • Apollo, free flow of value-decentralized individual exclusive token transaction, August 2021 to March 2023, 
  • Start Trek, cash in the flow - decentralized game and market forecast, April
    2023 to September 2025
  • Eternity, transformation of the flow – decentralized game, April 2023 to
    September 2025

Exchanges

  • Binance
  • Liqui
  • Coinnest
  • Bit-z
  • HitBtc
  • Gate
  • Yobit
  • Mercatox
  • Cryptos
  • Coolcoin

Wallet

  • myEtherWallet

How to Buy TRX Coins

  • For purchasing TRX coins, you need to set up a wallet in MyEtherWallet. If you have one, go directly to next step
  • Open an account on of the exchanges that support TRX coins
  • Next step involves purchase of Ethereum (ETH), Bitcoin(BTC) and if you already own it, then transfer it to your account
  • Then you can convert Ethereum(ETH) or Bitcoin(BTC) to TRONIX (TRX)
  • And, then using the address of myEtherWallet, transfer your coins to store it securely

Exchanges like Yobit and HitBtc also supports USD to purchase TRX coins.

Conclusion

TRON is a blockchain based open source protocol for a global digital entertainment industry. It allows users to create, store and share digital contents including pictures, audio and video on a free and uncontrolled basis. 

Key Links

Website: https://tronlab.com/en.html

Twitter: https://twitter.com/tronfoundation

Reddit: https://www.reddit.com/r/Tronix/

White Paper: https://dn-peiwo-web.qbox.me/Tron-Whitepaper-1031-V18-EN.pdf