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GoSeedIt Is Tron’s (TRX) Golden Goose

Published

6 years ago

on

Tron coin

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:

  1. Visit GoSeedit.io
  2. Click  ‘Login’ to log in with your twitter account
  3. ‘Authorize’ GoSeedit to use your account
  4. 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
  5. 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.

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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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

Published

3 years ago

on

January 25, 2021

By

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. One of the ways to have a successful…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

Published

3 years ago

on

December 31, 2020

By

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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Altcoins

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

Published

3 years ago

on

December 24, 2020

By

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…

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