The Tron (TRX) Community has continually proven as being one of the most proactive in the crypto-verse. They are the first to notice any developments with regards to the Tron project and even wake up in the middle of the night (depending on the time zone) to watch the various live streams from the Tron Foundation such as the launch of the Testnet, Mainnet, Genesis Block and the Tron Virtual Machine. The same community has also continued to HODL despite the bearish market that has been accelerated by the postponement by the SEC to rule on the Bitcoin ETF.
It is therefore not surprising that the Tron Community has taken upon themselves to popularize their favorite asset and project. The community has initiated and thoroughly implemented what is now known on Twitter as #OperationTronStorm.
What exactly is #OperationTronStorm?
As earlier mentioned, Operation Tron Storm is a community-driven effort to popularize TRX and its project. The community wants to decentralize the web by raising awareness about TRON through a ‘Community Airdrop’. Members of the community are tipping their non-crypto friends with TRX on Twitter via @GoSeedIt, to introduce them to crypto. The community is also tipping celebrities such as Kanye West, Snoop Dog, and even The Pope. The latter attempt by the community is to further popularize TRX amongst influential individuals.
So How do You Use @GoSeedIt?
GoSeedIt is an easy to use payment system built on the Tron coin. It is specific to Twitter and allows any user to quickly register for the service to tip or redeem tips that have been given to them. A step-by-step guide is as follows:
- Visit GoSeedit.io
- Click ‘Login’ to log in with your twitter account
- ‘Authorize’ GoSeedit to use your account
- Once you have your wallet ready, you can send a tip by replying to a Twitter message in the following way: +(amount) @goseedit for example, +20 @goseedit
- Another option is to tip directly using the twitter handle of the user you want to tip. The format is as follows: @(username) +(amount) @goseedit for example, @John +20 @goseedit
So Why is @GoSeedIt the Golden Goose for the Tron Project?
Ever since @GoSeedit was launched around the 16th of August, the number of new accounts on the Tron coin has increased tremendously as can be seen below in the tweet below.
Thanks to everyone who took part in this weekend's launch of Seedit. You all took Twitter by storm. ⚡️
— Seedit (@GoSeedit) August 20, 2018
Further investigating the numbers on TronScan, we find that on the 13th of August, the number of Tron accounts stood at 139,312. The number of Tron accounts at the moment of writing this – August 20th – stands at 230,918. This indicates a percentage increase in new user accounts of 66%. This is a massive increment of new users who will now start transacting and HODLing TRX. This number is bound to increase with time.
Using the fundamental laws of economics, when the demand and use of an asset increases in the markets, its value will gradually go up. Analyzing TRX in the crypto markets, we find that the digital asset is currently valued at $0.022 and down 0.99% in the last 24 hours. The same TRX was valued at around $0.019 when @GoSeedit was launched around the 16th of August. This indicates an increase in of 16% in that time period.
One can argue that there is a slight general market recovery in the crypto-verse, but TRX is once again close to edging out IOTA in the markets without a major announcement pending in the Tron calendar. The difference in market capitalization between the two assets currently stands at $13 Million at the moment of writing this. Perhaps in a few days, TRX will be back to the top 10 thanks to GoSeedit.
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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 Jason Rowe via Flickr
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