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Soccer meets the blockchain: Meet Tron’s (TRX) new partner, vSport

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TRON TRX vSport blockchain partnership

Association Football (known popularly as soccer) is the world’s most popular sport by far. Tron (TRX), on the other hand, is poised to become the world’s largest, most effective, blockchain operating system to create decentralized apps.

Just today, Mr. Justin Sun (Tron’s founder and CEO, also a Jack Ma’s protegé) announced a new strategic partnership with vSport. vSport is a blockchain operation started by Qiang Bai (a tech entrepreneur) and Wesley Sneijder (a soccer star of Internazionale Milan and the Dutch national team fame, considered to be one of the best-attacking midfielders ever to grace the game).

Based in Singapore, this is the first ever blockchain platform designed specifically for sports in general, soccer in particular. It’s open and non-profit. vSport has worked hard to forge links with national team nutritionists, authorized distributors at the world cup, global payment systems. Their aim is to create a full environment for soccer. It’s worked. They have thirty million fans around the world (half of them based in China), and those fans are creating lots of traffic.

This is a huge hit for Tron. Just imagine: as of today they have thirty million new users, and Tron’s new Main Net isn’t even online yet. Mr. Sun communicated his excitement over the new partnership in these words,

“Soccer is the biggest sport in the world. It has the largest fan base, and the community has always had a keen sense and great enthusiasm for new things. Combining soccer, and even sports in general, with blockchain technology, will effectively expand community support for blockchain. This will provide people with an enhanced experience of blockchain and even change their lifestyles.”

The Tron’s founder continued,

That’s what we are going for with this TRON/vSport partnership. Qiang Bai is a successful serial web-entrepreneur and is also a diehard soccer fan. Qiang has always sought to promote soccer. Then we have Wesley Sneijder, who not only helped the Netherlands dominate the field but also has spearheaded soccer-related projects off the field. As a fast learner that embraces blockchain technology, it’s likely that Wesley will completely change the structure of the soccer ecosystem through this initiative. TRON very much looks forward to this partnership.”

Mr. Qiang Bai had something to say as well,

“With sports models of the past, it is hard for fans to get rewards in exchange for their enthusiasm and contributions, which causes a serious imbalance in the value structure. Collaborating with TRON allows us to join forces with another strong company, leveraging our soccer and sports resources to solve difficult soccer and sports industry-related issues. We will work together to build and nurture a healthy soccer and sports ecosystem. I believe this will be a great way to give back to soccer fans around the world.”

The FIFA World Cup starts next June 14th; it’s only three weeks away. It’s the world’s biggest sporting event (yes, it surpasses even the Olympics).

The whole world will have its eyes fixed on Russia trying to figure out if Argentina or Germany or Spain or Brazil will do the deed. But this time around there will be a significant difference. Tron and vSport will be working together in a blockchain-based tech to forecast every game’s result. It will be exciting to see. This will be the first blockchain World Cup ever, and it will involve Tron. This partnership’s timing could not be better.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pxhere.com

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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