Connect with us


Tron Mainnet Goes Live as Justin Sun Declares “Call for Independence”




As an open-source distributed ledger, blockchain technology has rapidly gained recognition in the global market. Regulated by cryptography, blockchain has been deployed by various platforms to design interesting projects. Tron (TRX), a blockchain-based project for content distribution, is one such instance of the decentralized application.

Operational since September 2017, Tron is regarded among the most promising altcoins in the market, making waves in the digital entertainment industry. After a year-long wait, Tron’s Mainnet is finally live, creating fresh interest in the trading community. Much to the investors’ disappointment, the transition hasn’t been smooth, and the coin suffered greatly on the onset of such changes. As per the records, the price dropped by 14% from its previous position. If you want to know what Tron has been doing, here’s the full the story.

Tron Releases Odyssey 2.0

The tenth-largest currency by market capitalization, Tron (TRX) has started the transition. The altcoin, which declared independence from the Ethereum network, has become the talking point in the community. Tron’s Mainnet, which has been named Odyssey 2.0, was launched on May 31 at 12 am UTC, leading the $4 billion crypto to the path of becoming an independent network.

As per the updates released by the team, the network will assume the beta status for the most part of June, allowing the team to configure the wallets and browsers.  The token migration of the currency is scheduled to take place from June 21 to June 24, when ERC-20 token-holders would have to deposit their coins on registered exchanges to receive TRX token on the new network.

The transition will reach the culmination on June 25, when the Genesis block will go live. June 25, which has been called “Independence Day” by the developers, will put to test the most talked about the prediction of Tron that regards it as an “Ethereum Killer.”

This transition is going to be a pivotal step towards the independence of TRX protocol. Speaking of the switch which anticipates changing the course of the coin, Tron’s CEO Justin Sun said, “Our team maintains a high standard of excellence as we head towards becoming a mainstream public blockchain. The move of the TRON Protocol to Mainnet makes it easier for developers to break away from Ethereum and opens up new doors towards better scaling, commercialization and express lanes needed for global dApp development.”

As a part of the Ethereum network, Tron (TRX) has operated as an ERC token, and TRX token has moved up considerably in the market charts, securing a solid follower-base. Although the coin has been slammed by many after it got caught in high-profile controversies, the coin has cemented its place in the community for its unique approaches. Discernibly, the hype around the Mainnet release didn’t translate into positive price movement, and the coin slipped 5% on Wednesday before the launch of Odyssey 2.0. However, considering the optimism around the developments on the blockchain, the trends can reverse in the coming weeks, taking it to the zenith of success.

Justin Sun Announces a “Call for Independence” Conference

After a period of high volatility, the crypto-market has finally stabilized. What was considered to be a moon landing for Tron ended in a shocking decline. The progress made by the currency in the past few weeks has been sidelined by Bitcoin (BTC) that led the crypto market into a depression. Despite the turbulence in the market conditions, all eyes are set on Tron (TRX)’s Mainnet, as Justin Sun dubbed the event as “a call for independence.’ With the much anticipated Mainnet going live, the CEO and Founder Justin Sun summoned the community to join him in “a call for independence” conference. Like every other notable announcement, Sun made the call official on Twitter. “A CALL FOR INDEPENDENCE” Strategic conference about #TRON Mainnet launch will be held at 11 am, May 31, 2018 (UTC+8)! Be there or be square,” he tweeted.

Tron (TRX) and the Market

As a part of Ethereum blockchain project, Tron has seen a meteoric rise in the crypto world. The coin has attracted the limelight right from the start, prompting many investors to switch their investment options. With Bitcoin on the decline, this year has been difficult for most of the top-performing currencies. With the big currencies suffering from major a price slump, altcoins like Tron have become all the rage.

Evidently, the speculations and optimism surrounding the Mainnet launch failed to bring positive results in the market. With Tron crashing 8% in the last 24 hours, Tron features among the top losers this week. While many investors expected that the price will skyrocket to reach an all-time high, the bearish momentum has kept the prices in check. Tron’s transition from the Ethereum network, which has been dubbed as a “call for independence”, promises some positive developments in the future. With the token swap event slated for June, market analysts predict a price surge at the end of June.

For the latest cryptocurrency news, join our Telegram!

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 Pexels


How Can Foreigners Get Loans in Singapore



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


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




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


CoinFlip Scores Big with BRD Wallet Partnership




As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies like Bitcoin and Dash, to help protect their assets and hard-earned…

Continue Reading

Press Release