A new statement by the TRON Foundation and TRON’s creator, Justin Sun, announced a new airdrop event for TRON’s community. The event will be a collaboration between TRON (TRX) and a known cryptocurrency exchange called Bitbox.
Additionally, the event will serve as a way of welcoming the LINE corporation into the cryptocurrency community.
Glad to see more leading companies adopting #blockchain and its technologies! We welcome @LINE_Global's commitment and look forward to working closely with their team on further product integration. Enjoy $TRX airdrop on @bitbox_official! https://t.co/nreKPouUmT
— Justin Sun (@justinsuntron) October 16, 2018
New Tron airdrop to celebrate LINK’s listing on Bitbox
LINE has recently launched its own digital currency called LINK (LN). Furthermore, the event will be a type of celebration of LINK being listed on Bitbox. Upon being listed, LINK is to be paired with several other digital currencies, including Bitcoin (BTC), Tether (USDT), and Ethereum (ETH).
Soon after the announcement of LINK’s listing on Bitbox, TRON confirmed its participation and partnership in an airdrop event hosted by Bitbox.
At the moment, LINK’s use cases are relatively limited to single utilization, which will include dApps. However, it is expected that the coin will soon become available on additional channels, which will bring numerous additional use cases.
The new announcement by Justin Sun came just after the last week’s statement that TRON is working on a new secret partnership. At the time, Sun’s announcement that came via Twitter received a lot of attention. The entire crypto community started speculating regarding the identity of the unnamed company.
Sun’s statement did not provide a lot of clues to go on, except for the fact that the company is very large, and that its worth includes tens of billions of dollars. This has caused many to assume that the company he was referring to is none other than Baidu, a large Chinese browser, often compared to Google itself.
So far, neither TRON nor Baidu confirmed that this is the case, however, and the announcement still puzzles the crypto community to date. If true, this would likely be the most important partnership that TRON has entered so far. Experts believe that TRON’s price would skyrocket as soon as the Baidu partnership receives an official confirmation.
As for LINE, the fact that its own token will officially be listed on Bitbox marks a significant milestone in the company’s implementation of a token economy. LINE CEO, Takeshi Idezawa, commented on the move by saying that it is a major step forward in company’s plans, which include the creation of a token economy that will reward participation.
Additionally, the airdrop that is to be held on Bitbox is supposed to only be the first of many. As mentioned, this one will only involve TRON (TRX). As for future events on Bitbox, there are already plans such as discounts on LINK in cases where the coin is used for paying trading fees.
For the global insights every crypto trader must have, apply for Elite membership!
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
Why BlocPal Is the Easiest Way to Accept Cryptocurrency
The face of the retail industry is always changing.
E-commerce is one of the fastest growing trends worldwide, and for good reasons.
It’s convenient, secure, and is effective at connecting merchants with interested shoppers from across the world.
For this reason, it’s no surprise that online shipping is expected to overtake brick-and-mortar stores globally by 2021, making it the world’s largest medium for retail. As the industry changes, it’s important for retailers to keep up with the latest technology so they’re able to accommodate more customers at once. This is where BlocPal comes in.
BlocPal offers business owners an easier way to process payments
BlocPal understands that not every business owner adapts to technology at the same rate. As such, BlocPal has been designed to optimize transactions for both online and brick-and-mortar companies so that every retailer can enjoy the benefits that come with the world’s first true multi-currency payment solution.
With BlocPal, business owners can enjoy the following benefits:
- The ability to process payments in fiat (USD and CAD) currency as well as Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, and Ethereum. Expect more currencies to be added as BlocPal…
Lite.IM Dethrones Facebook After Integrating Crypto Wallet With Popular Messaging Platforms
With the crypto markets in turmoil, especially after news about a potential hack at Cryptopia, traders and investors need to turn their attention away from day trading. Instead, crypto traders really need to think long-term and identify projects that are sure to win in the long-term. In particular, one crypto company is making major headlines after winning an all-important technology battle against the mighty Facebook. That company is Zulu Republic (ZTX).
Zulu Republic Develops Lite.IM
Zulu Republic is an ecosystem of blockchain tools and platforms, designed as a place where people, businesses, and organizations can thrive on their own terms. And indeed, Zulu Republic has hit a grand slam with their development of Lite.IM.
Lite.IM is a crypto wallet that has been integrated with several of the most popular messaging platforms such as Facebook Messenger and Telegram. In addition, users in the U.S. and Canada can also exchange and manage crypto balances through SMS. Although not all cryptocurrencies are available, the team has selected four of the most popular currencies which include Litecoin (LTC), Ethereum (ETH), Bitcoin (BTC), and the native currency of Zulu Republic (ZTX).
Telegram and Facebook Messenger are extremely popular platforms. But, potentially even more exciting news, is that the Lite.IM team plan to announce WhatsApp integration in the next 1-2 weeks. There is a reason why Facebook acquired WhatsApp in 2014, for…
Will 2019 be the Year of TRON (TRX)?
While even the best years cannot help sustain bad cryptocurrency projects, the good and strong ones can do much even when years are extremely bad for crypto. TRON (TRX) has proven this in 2018 by being one of the most active and most popular projects around.
Throughout the previous year, TRON has been making great progress, setting foundations for growth and expansion, which may eventually lead to its dominance over the crypto market. Now, 2019 has barely even started, and it already promises to be a year filled with potential and all kinds of different possibilities for this coin.
TRON in 2018
2018 has started with a market crash that has brought a lot of coins down from their all-time highs. This is true for TRON as well, and it did not manage to avoid being affected by bear market, no matter what its developers did. However, instead of trying to fight the market and its trends, they focused on expansion, development, partnerships, and future projects.
The first big step for TRON was the launch of its MainNet, with dozens of listings and partnerships being announced right before the final launch. After that, the coin transferred its tokens from Ethereum’s network, it had a Super Representative election, and it even managed to purchase BitTorrent, which was a part of a secret project back then.
The project was quickly…
Crypto Venture UpStake is Redefining the Industry with a Proof-of-Burn Stable Coin
How Online Casinos Can Adapt to the Growth of Cryptocurrency
Reasons Why 2019 May Be A Great Year For Crypto
Altcoins2 weeks ago
TRON (TRX) Expectations for 2019
Blogs2 weeks ago
Will 2019 be the Year of XRP?
Bitcoin2 weeks ago
What Will Happen First: BTC 2k or 5k?
Don't Miss1 week ago
Wirex adds WAVES to its Platform
Bitcoin1 week ago
Bitcoin Grows Beyond $4,000
Blogs4 days ago
3 Cryptos To Blow Up In The Next Bull Run
Altcoins1 week ago
TRX vs ADA: TRX Overtook ADA for 8th Place
Altcoins1 week ago
TRON (TRX) Surges by 20%