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Tron (TRX) among the most promising blockchain projects out there, here’s why

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Tron TRX

There’s not a doubt that TRON (TRX) has come a long way concerning its beginnings as an Initial Coin Offering (ICO) back in 2017. The company managed to surge to the top and become one of the most exciting projects in the industry in just a matter of months.

That’s a fact that is mainly attributed to the hard work of Justin Sun, a Chinese businessman considered to be one of the brightest minds in Asia and the whole world, not to mention that he is a former student of Alibaba’s Jack Ma.

Sun has characterized for being the closest with TRON’s community, or Tronics as he usually calls them. The CEO shares with Tronics all of the moves that involve the company regarding developments, partnerships, and upgrades.

And even though June 25th (when Tron got independence from Ethereum blockchain) seemed like the most important date for the company a few months ago, we understand now that this is just the beginning.

Despite the constant up and downs of the market, and the generalized downtrend of the year, it seems like TRON (TRX) is finally recovering from the blows that the crypto has received in the last months. Let’s discover the main facts as to why TRON is one of the best blockchain projects out there.

Mass adoption on the way

June 25th was the date the company finally got decouple from Ethereum protocols and launched its very own main net, Odyssey. Today, months later we realize that was actually not the ceiling for TRON. In fact, does TRON have a ceiling? Well, it doesn’t seem like, considering the post-mainnet projects, the TRON Virtual Machine, and The Super Representative Elections… And truth be told, it looks, Sun hasn’t even stopped there.

Not so long ago Vitalik Buterin, co-founder of Ethereum stated that the crypto verse doesn’t have space for a 1000 times growth anymore, a fact with which Sun clearly disagrees, he recently responded that all of the wealth was going to turn into cryptocurrencies very soon “like black hole and grow much bigger in the future”.

Like this, we can see how despite the downtrends of the market, Sun continues to have a positive sentiment regarding crypto, and that’s exactly what he shares as well with all of the Tronics out there.

He has continued developing projects to achieve its final goal of ‘decentralizing the internet’ and of course, to accomplish the ultimate goal for all of the cryptos which is mass adoption.

In this sense, one of the things that will help go to the masses is the latest addition of the TRX/USD pair by Bitrex which is going live on September 17th. This, along with the acquisition of BitTorrent, the biggest peer-to-peer Torrent platform in the world.

Sun plans to integrate both TRON and BitTorrent in a project dubbed Atlas that primarily seeks to reward everyone who uses the BitTorrent platform to share content with the 100 million users that the network has. The initiative will for sure increase flow of the crypto, and this will have a positive repercussion concerning prices.

As a matter of fact, the last days for TRON (TRX) has been pretty much positive being on the green with remarkable percentages of increase, an effect that has created a positive sentiment in the community. At the moment of writing, the TRX token prices at $0.019527, with a 2.73 percent of the increase in the last 24 hours.

Could TRON manage to maintain the hype? We can’t be sure about that, but the one thing we can count is that TRON continues to work towards achieving its goal, and the project remains focused on making it happen. So stay tuned.

Check out the new Global Coin Report YouTube channel as we address all the highlights in crypto and the financial markets. With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities.

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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.

Photo by Scott Webb on Unsplash

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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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…

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Messari Adds DigitalBits (XDB) & Branded Currencies to its Registry

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One of the top providers of crypto data and research tools on digital assets Messari has announced the addition of DigitalBits (XDB) to the Messari Registry. As a participant, DigitalBits governing body, the XDB Foundation will be providing regular updates and commit to transparency. The DigitalBits blockchain was built to support consumer digital assets – branded currencies.  As the company stated, “a global, legacy digital asset class, branded currencies play a vital role in consumer-brand interactions, and account for billions of dollars in value.  Branded currencies issued on the DigitalBits blockchain will also be included within the Messari Registry.”

Additionally, Messari and the XDB Foundation “may explore the buildout of a novel registry to accommodate branded currencies tokenized on DigitalBits. This registry would address issues consumers face when determining the legitimacy of branded currencies and their respective organizations,” the announcement said today.  The goal is to provide a standardized framework for organizations leveraging branded currencies, certifying asset legitimacy, and clearly outlining characteristics including but not limited to asset issuance and organization identity.

Commenting on the news, Messari representatives said they recognize the potential for the use of branded currencies to grow in the future as more enterprises embrace blockchain technology. Ben O’Neill, Vice President, BD & Operations at Messari said the Registry will help all…

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3 Reasons Why WISE Token Could Be a Massive Winner in 2021

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WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

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