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New TRON Rumor Hints At Potential Partnership With Baidu

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TRON

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.

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.

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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Altcoins

Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming

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Singapore, Singapore, 26th February, 2021, // ChainWire //

Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming

Unifi Protocol announces the launch of Unifi Farms. The most revolutionary part of Unifi Farms is there is no staking of the liquidity token required. The public beta launch of Unifi Farms V1 will take place on not one, not two, but six different blockchains at once. 

Unifi is proud to announce the upcoming public beta launch of Unifi Farms V1 on Binance Smart Chain!

Unifi Protocol is not a clone of other DeFi projects, which has led to some very unique innovations.  Unifi Farms will continue this tradition of shattering expectations and introducing features on Unifi Farms not being offered anywhere else in DeFi!   

Unifi Farms will have several advantages over old-fashioned DeFi farms.  The one that will likely be the most revolutionary with Unifi Farms is there is no staking of the liquidity token required! Welcome to the world of true auto-farming on Unifi, where we refer to it as No-Stake Farming.

Why is farming without staking so revolutionary?

Savings! Everyone agrees the high network fees on Ethereum have a large impact on the farming rewards earned by liquidity providers.  Even on low cost networks such as Binance Smart Chain, the network fee is a cost that reduces the benefit of farming. 

To participate in most farms, the user pays at least five network fees.…

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Altcoins

DeFi Wizard Raises $750k from Blockchain Investment Bigshots, to Simplify Multi-chain DeFi Legos

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Bengaluru,, India, 24th February, 2021, // ChainWire //

In order to give shape to their ‘one-click DeFi contracts creation’ dream, Defi Wizard has raised a total of $750,000 from X21 Digital, AU21 Capital, Amsterdam-based TRG Capital, DeltaHub Capital, NGC Ventures, and ExNetwork.

Speaking on latest development Defi wizard founder and CEO, Anand Kamath said: 

“It gives us immense pleasure to announce that our platform, DeFi Wizard has attracted the attention of leading blockchain investors and funds.”

DeFi Wizard aims to help cryptocurrency companies and businesses seamlessly create digital assets, without any hassles, with the objective of becoming an all-in-one token creation platform. 

Investment Usage

This recently concluded fundraising round is an important milestone for Defi Wizard. It will fuel the development of the platform along with operations/maintenance.

Other ways in which Defi wizard will receive assistance is with liquidity bootstrapping for Uniswap listing, alongwith added global and regional promotional efforts to generate awareness for the platform. 

About Defi Wizard

Defi wizard is a dashboard for building DeFi (decentralized finance) smart contracts with a few clicks. It offers real-time programmer analytics and allows users to create smart contracts for ERC20 / BEP20 / EDST, staking, yield farming, governance, cross-chain bridge, gasless relayer baked in.

As per the latest statistics, more than five projects are already using DeFi Wizard’s staking services and more than $100M AUM has been locked through the smart contracts generated through the…

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Altcoins

99Bitcoins takes over the “Dead Coins” project to become the cryptocurrency undertaker

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Singapore, Singapore, 17th February, 2021, // ChainWire //

99Bitcoins, an educational website that maintains a list of Bitcoin obituaries made by the media, has taken over the Dead Coins project as well. This move effectively crowns 99Bitcoins as “The undertaker of the cryptoverse”.

Deadcoins.com was established in late 2017 to document the death of thousands of altcoins that popped up during the cryptocurrency mania of that time. The idea was simple – create a list of coins that have ceased to exist after the hype died down.

A coin can become “dead” due to a variety of reasons such as its development being halted, having no one that uses or trades it, being exposed as a scam and more. While the project was initially maintained only by its founders, it was later outsourced to the cryptocurrency community which was allowed to add their own dead coins.

“I think the dead coins project is a brilliant idea that needs a bit of polishing” says Ofir Beigel, owner and founder of 99Bitcoins. “The fact that anyone can add a dead coin themselves made the list of coins very inaccurate. We’ve spent days going through the complete list and sifted out all of the coins that were buried alive, so to speak. For example, Bitcoin, Tron, Dogecoin and Tether are just some of the coins that were listed when we took…

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