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TRON (TRX) Foundation Introduces New Community Program – $20k Incentive Plan

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TRON

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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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

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

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Aluna.Social

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, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip

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 like Bitcoin and Dash, to help protect their assets and hard-earned…

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