While TRON has made some game-changing moves throughout 2018, it seems that this coin is still not done with shocking announcements. According to a recent statement by its founder, Justin Sun, TRON might be about to enter its biggest partnership yet. This time, the popular coin is targeting an unnamed company worth tens of billions of dollars.
— Justin Sun???? (@justinsuntron) October 12, 2018
As soon as this announcement was published, the entire crypto community started speculating regarding the company’s identity. While still unconfirmed, many seem certain that the mysterious giant is none other than one of China’s largest IT firms — Baidu.
The Tron team told https://t.co/reZ2fjHrZq that a partnership had been confirmed between Tron and China's IT giant Baidu, which will be officially revealed by Baidu Cloud next week.
— Coinness – Real-time Crypto Market Index and News (@coinness) October 12, 2018
Baidu is among the largest companies in China, and many tend to call it Chinese Google. The company holds control over 66% of all internet searches. In fact, its closest competitor holds only a quarter of this amount.
What does this mean for TRON?
As mentioned, TRON has managed to make a huge amount of progress throughout 2018, which was mostly bearish up to this point. Not only did TRON managed to launch its MainNet and purchased BitTorrent, announced numerous projects, entered more partnership than anyone can count and has started bringing games to the blockchain.
While pretty amazing, all of these feats might become lesser achievements when compared to partnering up with Baidu. Many expect that this move will launch TRON to the moon, and quite possibly start a bull run that everyone has been waiting for since January 2018.
Baidu itself is a huge and rich company, and it even expressed interest in blockchain technology in its white paper published in September. If it were to partner up with TRON, this cryptocurrency would definitely deserve it. Its recent accomplishments have proven that TRON’s blockchain is faster and cheaper than pretty much any other.
While the bear market impacted its price and market cap so much that TRON still cannot enter the top 10 cryptocurrencies, a partnership like this will definitely improve its situation. Right now, TRON’s value is at $0.024646, with an increase of 1.61% in the last 24 hours.
However, this is nowhere near its full potential, or even its all-time high of $0.25 that it reached in January. While TRON’s highest price is only a quarter of $1, many believe that TRX could hit a lot higher after all that it managed to accomplish during 2018. With that in mind, the entire crypto community expects this partnership to pave the way for TRON in 2019. All that the coin needs now is for this partnership to be confirmed. When and if it does, investors expect that TRON will skyrocket like never before.
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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
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The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
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“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
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