TRON (TRX) Announces Airdrop to Welcome LINE into Crypto Community - Global Coin Report
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TRON (TRX) Announces Airdrop to Welcome LINE into Crypto Community

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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.

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.

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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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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of…

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

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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,…

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CoinFlip Scores Big with BRD Wallet Partnership

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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…

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