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3 TRON TRC-20 Tokens Worth Looking Into

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TRC-20 tokens

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.

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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.

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Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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Altcoins

BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN

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Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens

17th November 2020 — Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including:

  • UMA (UMA)
  • Aave (AAVE)
  • Balancer (BAL)
  • REN (REN & renBTC)
  • Kyber Network (KNC)
  • Band Protocol (BAND)
  • YF Link – (YFL)

Bittrex Global’s users can trade all of their DeFi  tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% growth of the DeFi asset class over the course of 2020.

The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021.

We’re really excited about what we’re seeing in the space and want to see these DeFi projects grow and help them build stronger platforms through increased adoption. Offering free trading fees…

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