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New Tron (TRX) epoch begins as all 27 super representatives are elected

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Tron TRX

Tron’s new era of Constitutional Government has begun as Justin Sun, the Founder, and CEO of Tron Foundation, lets the world know that all the 27 Tron Super Representatives are already elected by the community. This will mark the next step in Tron’s crusade to decentralize the Web.

This milestone in Tron’s history has been highly anticipated ever since Mr. Sun announced that elections would be held and, expectation only grew after the election of all Representatives was delayed because of some logistical problems.

Mr. Sun’s announcement was,

“Congratulations to all the 27 #TRONSRs, now we are in constitutional phase(after SRs replace GRs. Officially online).”

The new Super Representatives will be a determinant factor in the foundation’s structure, governance, and decision-making process. They are supposed to represent the will of the Tron Community. They will be an essential part of the network’s calculation and validation. These are the network’s guardians.

129 candidates ran in the elections. Sesameseed had the most votes (365 million), Team Tronics was second (300 million votes), Skypeople was third (287 million votes), and fourth and fifth were Trons Tronics and CryptoGrils, respectively. The representatives are dominated by American and Chinese organizations.

The Tron Foundation also used its Tweet account to announce the new era:

“Today #TRON is entering the Governance Era, with all 27 SRs elected by the community! A small step for TRON, a giant leap for digital democracy and for $TRX holders. Keep voting to elect SRs for our community! Make your voice heard”

Here’s the full list of new Tron representatives:

  • Sesameseed, USA
  • Team Tronics, USA
  • Trons Tronics, USA
  • Justin Sun Tron, USA
  • uTorrent, USA
  • Blockchain Org, USA
  • Tron Silicon Valley, USA
  • Tron Alliance, USA
  • The Last Me, USA
  • dApp House, USA
  • TRX Market, USA
  • Ether Poker, USA
  • BitTorrent, USA
  • CryptoDiva SR, China
  • Call me SR, China
  • Raybo Tron, China
  • Huobi Pool, China
  • Tron One, China
  • Lianjinshu, China
  • BitDog SR, China
  • Tron Vietnam, Vietnam
  • Sky People, South Korea
  • CryptoGirls, Romania
  • Tron Europe, Germany
  • Cryptochain, Brazil
  • CryptoGuyInZA, South Africa

One of Tron’s particular features as a project has been none other than its founder, Justin Sun. He’s been the driving force, the chief strategist, the man of vision and a charismatic leader.

Because of his knack for marketing and personal past history as a successful businessman, Mr. Sun has become, maybe, in the most noticed single individual in the whole cryptosphere. It will be interesting to see how he manages to change from the all-powerful Tron leader into a leader who is limited by a kind of congress or parliament.

It must be said that calling for elections and elect the Super Representatives was his idea from the very beginning, so it’s safe to assume he already has a plan that will make everybody in the Tron community happy.

While this is not a step that will directly influence Tron‘s partnerships, technology or goals any time soon, this is another promised delivered by the Foundation, even if a tiny bit late. The thing to notice is that this is an organization that always delivers on milestones and promises while keeping everything running smoothly which is not something you can’t say about every blockchain community, as we’ve seen this year with so many launches going wrong.

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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 thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Rachel Pfuetzner on Unsplash

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Launch of First Ever XDB/ZUSD Pairing Announced to Support Global Gaming Industry

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The XDB Foundation has recently announced the first pairing of XDB with the new Zytara Dollar  (ZUSD) on global cryptocurrency markets. The Biki cryptocurrency exchange will be one of the first platforms to provide access to the XDB/ZUSD trading pair.

“We are really excited to see the debut listing of the XDB/ZUSD trading pair,” says Michael Gord, the XDB Foundation’s Managing Director,  “Asia-Pacific accounts for a significant portion of the global gaming community, almost 50%, and BiKi is perfectly situated to support this geography.  We’re really happy to welcome them into our partnership ecosystem.”

The protocol layer blockchain DigitalBits is designed to support branded stablecoins and other branded currencies across a variety of use cases, offering crucial support to the global esports industry. The platform solves many of the issues involved in global tournament prize payouts, as well as enabling around the clock real-time payment transfers and global monetization of in-game currencies. Developers will also be able to create programmable incentives for gamers, therefore increasing fan engagement. 

Issued by a regulated financial institution, the ZUSD is designed as currency for the future of the gaming and esports industry and beyond. The programmable dollar moves anywhere in the world at the speed of the Internet, and is redeemable…

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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