Connect with us

Blogs

Justin Sun: The 5 most thought-provoking facts about the TRON CEO

Published

on

TRON CEO

Whenever a company is shining brightly in the business world, we want to know what’s the name behind the outstanding idea, and of course, how did they do it. That in fact, is the exact case of what we are anxious to know regarding Tron, the blockchain-based decentralized protocol that is currently a shining star on the content entertainment platforms.

The acclaimed name is no more than TRON CEO Justin Sun, a figure that is not that new in the technology landscape since it was educated by the Alibaba founder himself, Jack Ma.

Sun, has created his very own name in the field of technologies, and currently, is one of the most successful businessmen in the world, being also the CEO of the popular app for voice streaming, Peiwo.

The app has a user pool of over 10 million people around the world and plans to consolidate itself as the ruler of the market. However, is this what makes of Justin Sun a remarkable name in the cryptocurrency world? Let’s determine that together!

The lab affiliation between Tron and Ripple propitiated by Justin Sun

An interesting fact in the cryptocurrency world is the rotation to a newer encrypted coin the users do once the old one starts not satisfying them, an action that seems very natural these days.

But something even more interesting is what happens when a person related to specific crypto, decides to take on another path and creates a similar yet better product.

As a matter of fact, that’s the case of Sun and his not-so-finished relation with Ripple, a coin that seems to have inspired him in the creation of the platform that now Tron is.

Sun still serves as the Chief Representative and Advisor of Ripple’s Lab, at the time that he leads TRX, the currently robust cryptocurrency ranked number 13  in the market. The connection between both currencies results evident, as well as how now they compete for the same target.

The possibility of a TRX rising price

In the cryptocurrency environment an increasing price it is always a possibility, but that’s actually the opposite of what’s been happening lately. All of the cryptocurrencies have been falling off their prices, taking it even to worrying scenarios.

Sun, on the other hand, is very familiar with the right marketing strategies to apply, and due to that, he has leaded TRX to a substantial gain of 5.7 only in the past 24 hours.

Similarly, the decentralized entertainment platform concept that Tron suggests guarantees a solid behavior and a great user’s acceptance in the near future.

The launch of Main Net, a strategy designed by Sun

The CEO thinks a gradual network would put Tron in the place where it actually belongs, that is in fact, the reason behind the previous launch programmed for the Main Net.

This smart move will transform the platform into another based on the full node running, which will cause at the same time, seamless transactions, and custom digital assets. The result will be a higher efficiency and a similar behavior to any outstanding blockchain decentralized platform.

The potential threat that Sun’s invention represents for Facebook

Tron wants to provide the users with everything the conventional platforms cannot, for example, the users will be able to publish everything they want to without having to worry about the censorship that characterizes social media platforms like Facebook; and even better, they could even obtain gains out of this, so is definitely a platform designed thinking of the user.

Additionally, privacy will be guaranteed on the platform, a feature of which every user is thankful for, and of course, the main characteristic that puts Tron right on the track of success.

The strategy of the price that Tron (TRX) defined

Currently, the price of Tron (TRX) is under the value of 1 dollar, but this is in fact, a well-thought move designed by the CEO Justin Sun.

The strategy seems clear, while the price is accessible more people will be willing to invest in the coin, creating significant traffic around the platform. Similarly, the game plan is to engage micro-payment traders, as they don’t represent a threat to the use wallet.

Finally, with all the activity around the entertainment market, the future for this cryptocurrency platform is and will be on the rise.

We will be updating our subscribers as soon as we know more. For the latest on TRX, sign up below!

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 NASA via Flickr

Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

Published

on

TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

Continue Reading

Blogs

How Can Foreigners Get Loans in Singapore

Published

on

loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

Continue Reading

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

Published

on

Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

Continue Reading

Press Release