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First $100k Tron (TRX) Loan Disbursed As TRX Holds Firm In The Markets

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Tron

The Tron (TRX) loan project is part of a bigger Tron project known as Project Genesis. It was launched mid-April and will have a reward pool of $2 Billion with the following programs for the Tron community and developers:

  • Github plan
  • Bug Bounty
  • Tron Loan
  • Programming contest
  • Meetups
  • Hackathons
  • Blockchain investment fund

It is with this background that the first $100k has been disbursed as a loan to a community of developers to help with the Research and Development efforts for their project and the crucial day to day operations. The Tron foundation has received over 100 applications from the global TRON community for such funding opportunities. The first winner is Getty.io.

Based in the United States, Brazil and Chile, Getty.io is a platform that assists in hiring the best remote consultants around the globe. The company wants to assist in the smooth running of your business in terms of getting you the best individuals to enhance the quality of your final product. With a focus on software development and Javascript programming language, the project was ideal for the support of Tron’s Loan program. Tron also runs on Javascript and is led by budding entrepreneur Justin Sun. Justin understands the plight of startups in the tech industry and the challenges faced.

Tron (TRX) is holding firm in the number 10 position with a current value of $0.0825 and up 0.60% in 24 hours. It seems like the current support levels for the token in the markets lie at $0.080. In terms of market capitalization, TRX is trailing IOTA by $1.232 Billion. This can be attributed to the recent announcement of IOTA partnering with Porsche for a wonderful project that plans to utilize machine learning and autonomous vehicles.

The overall crypto market feel is one of a bear market with the King of Crypto, Bitcoin (BTC) having a difficult time maintaining levels above $9,200. BTC is currently valued at $9,186. Ethereum is also steady at current levels of $736 with Ripple having some sideways movement at $0.81

The second quarter of 2018 will prove to be an exciting one with many projects planning on releasing their Main Net versions of their own blockchain network. Tron has scheduled the release of its Main Net on May 31st with EOS having its release of EOSIO 1.0 on June 3rd or around that time. Also to mention is that Zilliqa is also testing its Test Net with a yet to be determined Main Net launch date.

The question now is, which amongst these platforms will be victorious come the time for the Main Net launch and attracting Developers onto their platforms. All have the potential of being key game changers in the Crypto-verse that is expanding at an exponential rate.

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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.

Bitcoin

Wisebitcoin Launches Professional-Grade Crypto Exchange

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Infrastructure is developing rapidly in the cryptocurrency industry, but the recent launch of the Wisebitcoin cryptocurrency exchange is nonetheless significant in terms of the immediate value it provides to cryptocurrency users. That’s because the exchange has had a beta version available since 2018 while continuing further developments in stealth mode, and already serves over 1.2 million end users with $6+ billion in 24 hour trading volume at the time of its official launch.

In addition to the large user base and deep liquidity, Wisebitcoin also stands out by offering up to 100x leverage to margin traders, with the ability to open a long or short position in their futures market. In the current bullish environment, leverage is a key way that experienced traders increase their exposure and try to profit from volatility.

For example, if a user opened a long position on ETH on January 2nd at a price of $750, they could have greatly multiplied their profits with even a small amount of leverage such as 5x as ETH reached over $1,100 within 48 hours. A simple unleveraged position would have netted $350 in profit, but a 5x position would have netted $1,750 and a 100x leveraged position would have netted an incredible $35,000 in profits from an initial investment of just $750. 

Beyond leverage, Wisebitcoin additionally offers a simple and…

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Bitcoin

ISW Holdings Continues to Transition Cash Assets into Bitcoin with $20K Purchase Ahead of Mining Launch

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ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is pleased to announce that it is in the process of converting $20,000 of the Company’s cash holdings into Bitcoin. The Company also announces that it will be regularly conducting similar transactions on a quarterly basis to convert a percentage of cash flows into Bitcoin.

Management expects this transaction to be completed this week. The Company began transitioning cash resources into Bitcoin with an initial transaction in March 2019 at approximately $4,000/Bitcoin.

“We believe in the future of Bitcoin and digital payment systems, and cash represents an unproductive asset given the degree of monetary expansion, stimulus, and debt dragging down traditional currency systems,” commented Alonzo Pierce, President, and Chairman of ISW Holdings. “We are also on schedule to launch mining operations through our Pod5 solution at the Bit5ive renewable energy project by the end of January.” 

The Company formed a joint venture partnership with Bit5ive, LLC, (“Bit5ive”) in May to build and deliver an elegant, powerful, and efficient data center pod design. The Proceso Pod5ive Datacenter is the result. Designed in partnership with Bit5ive, and geared primarily for the cryptocurrency mining industry, the Proceso Pod5ive Datacenter offers next-generation dynamic self-management functionality, plug-and-play operation, virtually non-existent maintenance needs, and an industry best-in-class 1.06 Power Usage Effectiveness score.

The Company’s first mining pod is set to…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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