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Another breakthrough for Tron: Pornhub to accept TRX soon

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Tron

Pornhub, one of the largest X-rated video sites, expands its virtual currency payment options announcing they will be soon accepting Tron (TRX). In recent times, Tron (TRX) has been making headlines for many reasons, but mainly for purchasing the file-sharing giant, BitTorrent for a whopping $118 million (in cash). Tron CEO and founder, Justin Sun, intends to use the file-sharing giant, BitTorrent for expanding Tron’s tentacles in the technology market. According to a press release by Tron,

“Tron aims to be a decentralized entertainment content-sharing platform eventually leveraging blockchain and peer-to-peer network technology.”

Justin Sun’s deal with the adult entertainment site, Pornhub that boasts of having a daily users count of more than 90 million across the world is expected to build a strong customer base for the virtual currency.

Despite representatives from the Tron foundation declining to reveal the purchasing price for BitTorrent, it is rumored Justin Sun had to part ways with $118 million US dollars for 2004 launched BitTorrent. The peer-to-peer (P2P) software company is famous for being used by individuals as well as corporate users like DCM Ventures and Accel Partners to pirate software and evading buying premium genuine software copies.

It also seems like Pornhub is warming up to virtual currencies as it plans on adding ZenCash too as another virtual currency payment mode for its users. This follows a recent media release that the adult site was accepting a virtual currency that permits unidentified payments by hiding the location and IP addresses of its consumers. Shortly, users could use both Tron and Zencash can to make payments and subscribe to Pornhub premium services that include the adult site’s Premium streaming service as well as its advertising network and traffic.

In a recent media statement given to Variety (the very first site to break Tron Pornhub partnership), Corey Price, Pornhub Vice President disclosed:

“Today, virtual currencies are especially viable in the adult entertainment industry because they are privacy-centric and incorporate more anonymity tools than traditional tender. Decentralized payment systems have continued to grow in popularity, and cryptocurrency adoption is exploding across a broad economic spectrum.”

Following closely what Tron (TRX) has been doing, we are left to wonder, does Justin Sun ever sleeps? And if he does how many hours of sleep does he get?

https://twitter.com/JUSTlNSUNTRON__/status/1011782074716614658

The reason for asking these questions is due to the fact Tron foundation has been announcing one partnership after another ever since the beginning of the year and beyond.

We all know by now that Tron (TRX) as a blockchain aims to innovate and decentralize the default internet gaming and entertainment market that is estimated to be over $150 billion US dollars by strengthening the relationship and bringing global gamers, developers, and content creators closer together with their users.

Tron foundation CEO and founder, Justin Sun, continues to be a vocal personality at endorsing blockchain technology as the fortune of commerce and trade.

Although Tron’s prices are not yet reflecting what the digital token has been able to accomplish over previous few months, the blockchain network is laying a strong foundation for an excellent virtual coinage with near-limitless possibilities through its Main Net, Odyssey.

As things stand, Tron continues to solidify their investor base confidence as each day that passes with entire credits going to Tron team, and of course, Justin Sun who is working round the clock to take Tron to the moon.

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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.

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page

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Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.

Performance

The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone, including those who are trying this betting for the first time.…

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