Connect with us

Blogs

3 TRON TRC-20 Tokens Worth Looking Into

Published

on

TRC-20 tokens
READ LATER - DOWNLOAD THIS POST AS PDF

Many believe that TRON’s MainNet launch meant the beginning of the end for Ethereum, as TRON now offered pretty much anything that ETH ever did, only better. While TRON never aimed at overthrowing Ethereum directly, it is possible for this to happen at some point along the way.

While TRX itself started off as a token built on ETH blockchain, it managed to leave this ecosystem and create its own blockchain. Now, TRON offers others to create their tokens within the TRON ecosystem, and there are already several TRC-20 tokens worth looking into.

Issuing a TRC-20 token is very easy, and there are multiple guides that can take you through the process, one step at the time. However, right now, we will take a look at three of the coins that were already launched within the TRON network. These are the coins that already show great promise, and a large part of TRON community will definitely keep an eye on them.

Top 3 TRC-20 coins

1) TronWallet (TWX)

TronWallet is a Canada-based project that has started its ICO back in June 2018. At the time, the coin’s value was $0.1 per token. It is a part of the TRONWALLET, which is an open-source and secure P2P cryptocurrency wallet dedicated to TRON tokens. It is available for iOS and Android alike,

TWX price has dropped due to the bearish 2018, and the coin is currently worth only a fraction of its old price, being valued at $0.0042. It has a total supply of 30 billion TWX, with around half of that number currently being in circulation.

2) Intergalactic Gold (IGG)

IGG is a coin issued by an organization called Intergalactic Gaming. This organization has shown great dedication to TRON and its ecosystem, and it even managed to become one of the coin’s Super Representatives, which were chosen by the TRON community. It represents a step forward on TRON’s goal to decentralizing the web and revolutionizing the entertainment industry.

The organization has chosen to launch its own IGG coin on TRON in order to help this goal. Thanks to this project and the new coin, gamers can interact with each other, buy or sell various items, and communicate on a whole new level.

While microtransactions such as this have been expected in the world of gaming for a long time, this part of the gaming industry is still in its infancy, and IGG is among the leading coins in that regard. The coin itself has a very low market cap right now, only slightly over $120,000. In addition, it has a low price of $0.0088. Even so, many expect that the coin will go big at some point after it gains more attention, so it is recommended that those interested in helping TRON ecosystem grow, keep an eye on this digital currency.

3) TronWeeklyJournal (TRWJ)

Finally, there is TRWJ, a coin launched by the news outlet that shares its name — Tron Weekly Journal. This is an outlet that aims to be the number one source of information regarding everything related to TRON, including new events, ICOs, airdrops, and any other type of activity.

The coin can already be found on TRON DEX (alongside IGG and TWX), which is TRON’s own decentralized crypto exchange. The coin was designed to serve as a reward to content creators who contribute to Tron Weekly Journal and TRON ecosystem itself, as well as for carrying out various promotions, ads, and alike.

For the latest cryptocurrency news, join our Telegram!

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 Pexels

Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

Continue Reading

Altcoins

ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

Continue Reading

Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

Published

on

SonicX
READ LATER - DOWNLOAD THIS POST AS PDF

When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

Continue Reading

Elite