Connect with us

Altcoins

You think Tron (TRX) looks good? It’s even better

Published

on

Tron
READ LATER - DOWNLOAD THIS POST AS PDF

It’s barely a year since Justin Sun started the Tron Foundation and the project is already one of the most significant in the cryptosphere. This year has been critical.

The Main Net was launched successfully a few months ago, and it seems it was the only missing ingredient in a three-star dish. The Main Net unleashed Tron’s prestige and power, even if the Tronix price remains low.

Once Tron’s new Main Net came online, Tron completed the SR (Super Representative) elections, then it released its virtual machine TVM (Tron Virtual Machine), and its wallet is now fully workable in both iOS and Android.

Those are incredible achievements, especially for a project that is so young, but they’re just a few good things happening around Tron lately. There’s a lot more. What else is happening?

Tron is offering its platform for ICOs, and, according to many neutral observers, it could take that market away from Ethereum which has been the standard for years. This has to do with Mr. Sun’s insistence on Tron’s superior features, as compared with Ethereum, and it seems that the cryptosphere has been listening.

Tron could turn out to be the next big thing for the upcoming ICOs, and we’ll explain to you why in this article. Tron aims to be the future for web decentralization and content management, but it could also become the future for all new digital assets.

Have you heard about TronWatchMarket? It’s one of Tron’s many new projects. It is a new decentralized exchange for tokens. So far, almost half a million new accounts have been created, showing there is a lot of interest in using Tron’s platform to launch new token sales, and it’s been the first platform to actualize Tronix coins.

Then there’s TronLink. It’s a Tron community project in the form of a chrome add-on. The blockchain foundation tweet in July:

Tron: The good stuff

ICOs used to be exciting. Not anymore, especially after they were declared securities. Tron has come to realized that, as well as participants. They’re tedious unless you’re an expert who knows how to deal with Ethereum’s smart contracts.

It’s even weirder that some Ethereum-based ICOs don’t award their participants with tokens in exchange for their money right away, which is entirely beside the point of an ICO.

That kind of ICO needs trust from participants, and the whole point in blockchain technology is to do away with the need for confidence in transactions. Tron can fix this, right here, right now and make ICOs true to the blockchain spirit.

It’s so easy to create new tokens over Tron’s Main Net that it’s becoming a problem. It takes only $20 to create a new token. This has seen the creation of several fake tokens that end up being scams which, in turn, become a challenge for wallets that have to distinguish between authentic and false projects. This may not be great news, but we all should keep this in mind: true democracy is always messy.

Tron: The great stuff

Tron is a very efficient blockchain. So much so that the transaction fees are incredibly cheap (0.1 TRX or $0.002). This makes bandwidth very affordable for all users, but it still prevents hackers and spammers to get in the way of the community. These prices make the network both safe and inclusive. You don’t need to be rich to join it, but you can’t mess around with spam either.

Tron Foundation tweeted:

At the time we write this, Tron trades at $0.0262, which means it’s risen by about 2.57% over the last 24 hours from now. It’s ranked 11th at CoinMarketCap (was at 13th a couple of days ago), and its trade volume is at 333 million for the last day. Tron is a project to watch closely. And we, at GlobalCoinReport, will keep you informed every day.

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 MaxPixel.net

Altcoins

TRON Ecosystem New Addition — CryptoDungeons

Published

on

CryptoDungeons
READ LATER - DOWNLOAD THIS POST AS PDF

According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

Continue Reading

Altcoins

Positive Crypto Price Trend Moves VeChain (VET)

Published

on

VeChain
READ LATER - DOWNLOAD THIS POST AS PDF

As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

Continue Reading

Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

Published

on

Solve.Care
READ LATER - DOWNLOAD THIS POST AS PDF

A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

Continue Reading

Elite