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TRON to Make a 9,000,000 TRX Airdrop

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Tron

TRON (TRX) has just launched a 9,000,000 TRX airdrop as a result of a partnership with LINE’s crypto exchange, BITBOX. Additionally, BitTorrent, which TRON itself acquired a few months ago, has now officially one of TRON’s Super Representatives.

9,000,000 TRX airdrop awaits at BITBOX

TRON (TRX) still shows no signs of stopping on its quest to dominate the crypto world, and its recent listing on LINE’s BITBOX is being celebrated right now in a pretty interesting way. According to new reports, the crypto will commemorate the new collaboration by releasing a new airdrop. The airdrop will be huge, consisting of 9 million TRX coins, and will be available for four more days, until August 22.

According to the statement by BITBOX itself, the first 2,000 people to register between August 15 and August 22 can earn as much as 2,000 coins just because they are among the first ones to respond. Additionally, those who invest up to 50,000 TRON coins can make an additional profit by earning as much as 2% per day until the airdrop ends. The exchange will also proclaim the event’s winners following the first-come-first-served method.

BitTorrent now joins Super Representatives of TRON

Additional announcement from TRON Foundation states that BitTorrent joined the list of TRON Super Representatives. After passing the 100 million vote limit, BitTorrent got elected by the TRON community itself and got on the list of 27 Super Representatives.

According to BitTorrent’s Chief of Engineering, Joe Joyce, the entire team is excited about the new development. He and his team thanked the community for electing BitTorrent and stated that everyone is looking forward to working with other SRs. Together, it is their hope that they can ensure the decentralization of the internet.

As many are already aware of, each Super Representative of TRON will be responsible for developing new blocks and confirming transactions within the network. In a way, the representatives will become ‘key network nodes’. For now, the list of Super Representatives is still not complete.

The biggest development in the race for becoming an SR came when TRON’s creator, Justin Sun, announced that he will run for the position himself. His campaign did not last for long, though, and he managed to fulfill his goal in less than 24 hours. This was proof of how much the community appreciates Sun and his tireless efforts to lead TRON to greatness.

However, despite all of TRON’s progress in the last several months, its price still remains pretty low. At the time of writing, the value of TRX is $0.022768 per token, an even that is after several days of trading in the green. In fact, TRON even managed to go up by 8.42% in the last 24 hours. Maybe this time the bull run will remain for a longer period of time, and TRX will finally be able to reach the heights it deserves.

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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

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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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.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

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.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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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%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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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.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“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.”

Mr. Yamagata has…

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