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The Potential of TRON TRX Gaming Industry

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The gaming industry is one of the most popular and fastest-growing industries today. It’s a multi-billion dollar industry that has also demonstrated a growing interest in blockchain technology. The possibilities of combining blockchain with gaming are endless, and very attractive to the game makers.

From the cryptocurrency point of view, entering the gaming industry would be a colossal success for every coin that gets accepted into it. Due to the sheer size of the industry, any accepted coin would get massive levels of exposure, and would pretty much ensure its survival, no matter what the future brings. TRON (TRX) is one of the cryptos that is perfect for this type of industry, and it perfectly aligns with TRON’s own goals.

TRON TRX gaming industry

TRON is a crypto that aims to lead to the creation of fully decentralized web, but on a more personal note, TRON is also very interested in revolutionizing the entertainment industry. Its blockchain offers numerous applications to the public, and thanks to this attitude, it managed to enter some very large and important partnerships.

While there are many industries interested in collaborating with TRON, the gaming industry is among the ones that are nothing less than perfect for this coin. TRON has all the technical capabilities necessary to allow the creation of large and complex games, in a completely decentralized environment.

Its blockchain has zero fees, as well as speed and capacity to handle as many as 10,000 transactions per second. This makes it perfect for the development of complex online games that would aim at a global audience. This is not only a speculation and talks about potential at this point, either. In fact, this has already been happening for a while now.

Additional benefits of TRON TRX gaming

Several game developers are already working hard on creating many great games on TRON’s blockchain. A lot of these games might go viral in the near future, which would not only increase TRON’s exposure, but also its coin’s value. One game that runs on TRON blockchain is Cropbytes, which is a farming game. The best part of the game is that each win allows the player to get rewarded in actual TRX coins. That way, TRON is getting exposure, gaining popularity, and is even seeing an increase in users and use alike.

Additionally, TRON has had its own blockchain for only a few short months, In time, a lot more such games are going to appear on TRON, and when they do, the crypto will grow like never before. This won’t only happen due to the hype, but due to new use cases. Simultaneously, TRON continues to expand through numerous projects, partnerships, and important purchases.

While the games are making TRON fun and interesting to explore, the coin is entering new exchanges, getting new trading pairs, and is becoming more and more practical to use. TRON is already on a path to make its goal true, and in time, it will only advance further and further.

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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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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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