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TRON (TRX) Foundation Introduces New Community Program - $20k Incentive Plan - Global Coin Report
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TRON (TRX) Foundation Introduces New Community Program – $20k Incentive Plan

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TRON
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TRON (TRX) Foundation came up with yet another community program that will keep this crypto’s enthusiasts busy. The new plan is called $20k Incentive Plan and is the latest one on the ever-expanding list of community engagement projects. Additionally, TRON is preparing for the token migration, with only a few hours left before the official coin lockdown.

$20k Incentive Plan

TRON (TRX) has become known as a cryptocurrency that keeps its community busy at all times. So far, the Tron Foundation organized several programs for the fans of the coin to participate in. Those included a bug bounty program, a programming contest, and even coreTronicss call-up. The new plan, called the $20k Incentive Plan, is designed to keep TRON’s community engaged, as well as to help them achieve a collaborative effort within the coin’s ecosystem.

Basically, the plan is to deliver a reward of $20,000 to the projects similar to TRON’s blockchain browsers and wallet. That way, the community will remain engaged, while their efforts will actually help the crypto’s ecosystem. And best of all, the projects will be rewarded instantly, and all the developers will have to do is wait for the tech committee to pass it.

By using the community’s efforts, TRON wishes to enhance the MainNet, and improve the user experience for the other users. According to the foundation, giving instant rewards is expected to inspire more developers to join in on the new program, as opposed to giving “loans” like they did during “TRON Acceleration Loan” program. This time, the developers will be inspired to create new and enhanced products and to do it as quickly as possible.

Token lockdown starts today

Another very important event for TRON is its token migration, which has finally come. It is scheduled in only a few hours when the coins will enter the state of lockdown after the exchanges close their wallets. The real migration will happen on June 24, which will be followed by the Super Representatives election on June 26.

TRON’s founder, Justin Sun, took this opportunity to remind users that around 30 crypto exchanges will support the migration, which means that those exchanges can be used for swapping the tokens. The exact time when the exchanges will stop receiving new tokens will depend on each individual exchange, but the users are advised to deposit their tokens as soon as possible, even in these final hours.

Another interesting development includes the long-awaited awakening of TRON’s market price. This is something that the users have been waiting for weeks now, and TRX has hit many milestones during that time. From the launch of the MainNet, through multiple partnerships with various exchanges, and now even the token migration is about to start – the value of TRX could not wait anymore. The increase is small, but the price is still rising.

The community knows that this rise will be slow and steady, but that it will be a long-term trend, which means that patience is the biggest virtue right now. With that in mind, the top levels which the coin might reach can only be speculated right now, especially with many more partnerships that TRON has planned.

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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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VOLUM uncorks its track and trace platform for global alcoholic beverage producer ISBG

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VOLUM onboards global wine and spirits producer, ISBG, to simplify its supply chain process with a track-and-trace platform that digitizes and reduces traditional paperwork

 

ESTONIA — March 2019 — VOLUM, the blockchain ecosystem for enterprises, is announcing that ISBG, a global producer of alcoholic beverages incubator, is partnering with VOLUM to implement its platform into its sales and distribution process. The VOLUM platform digitizes and simplifies both traditional paperwork and the supply chain process, using its operational smart contracts.

 

A supply chain can be a difficult process to track and trace. A comprehensive system of organizations, activities, information, and resources have to be accounted for, not to mention the overwhelming amount of paperwork. So, what’s a large corporation to do, if it truly wants to accelerate its supply chain while cutting back on paper waste? VOLUM has developed a blockchain framework that allows enterprises to convert traditional paperwork into a digital process while safeguarding all transactions and steps within a company’s supply chain.

 

VOLUM leverages blockchain technology with an ecosystem that is specifically designed for farmers, manufacturers, distributors, public utilities, governing agencies, financial institutions, and IoT data hosts. The VOLUM…

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Blockchain-Focused ETF Arrives on London Stock Exchange

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The crypto community is still waiting for the US SEC to approve Bitcoin ETFs, with speculation which application might get approval being one of the hottest topics in 2018. However, come 2019, the US government shutdown dragged on, and the Bitcoin ETF request which had the most potential to see a grant got withdrawn by the very companies that submitted the application.

While the question of BTC ETF remains hanging in the air, blockchain-focused ETFs seem to be a different matter entirely. In a recent announcement by an independent investment managed firm called Invesco, the company has stated that it was about to launch the largest blockchain-focused ETF in the world. They managed to go through with this plan, and the ETFs have reached the London Stock Exchange today, March 11th.

The exchange-traded fund includes a portfolio containing as many as 48 different firms which are bringing exposure to the emerging technology. Among them, there is Taiwan Semiconductor Manufacturing, which is a well-known creator of chips used for crypto mining, as well as the CME Group, which is the first regulated exchange in the US which launched Bitcoin futures. There are many other well-known companies as well, such as Intel, Microsoft, and others.

Chris Mellor, the Invesco’s head of ETF equity product management in Europe, said that blockchain has a huge potential to increase earnings, even though…

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Could Jeff Bezos Turn to Bitcoin to Hide Fortune from Wife?

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Jeff Bezos
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Amazon’s Jeff Bezos has made numerous headlines recently due to his overly-publicized divorce, which shows all signs of being one of the most expensive ones — if not THE most expensive one — in modern history. According to estimates, it might cost him as much as $70 billion, which will make his soon-to-be-ex-wife the richest woman in human history.

However, as the process continues to unfold, many have started wondering if things may have ended up differently for Bezos if he turned to Bitcoin for help.

Bitcoin as a divorce tool?

In the last several years — since Bitcoin and other cryptos hit fame — many have started turning to BTC during their divorce proceedings. In fact, it can even be said that using the largest cryptocurrency in this way has become a new trend. The trend has been gaining so much strength that numerous law companies started including advice on what to do in regards to Bitcoin as part of their websites.

However, while the trend has been picking up in recent years, it is nowhere near as easy as it might seem. For example, if there is even a suspicion of a spouse having undisclosed holdings appears during the divorce process, it might be enough to impact the final decision of the judge. In other words, even if there is a complete lack of evidence, but…

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