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Tron (TRX) Gets Visited by Twitter – What is Justin Sun Planning Now

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It would appear that TRON (TRX) might be making another move and that this time, the crypto is planning a partnership with Twitter. There were no official announcements yet, but Twitter’s recent visit to TRON’s office has definitely caused the crypto community to speculate about what might be coming next.

Are TRON and Twitter preparing to make a deal?

TRON (TRX) has become known for making groundbreaking decisions and partnerships lately, and the crypto shows no signs of stopping just yet. In fact, it might be going after some much larger partnerships soon, judging by the recent development.

We are, of course, talking about the visit that Twitter’s officials have made to TRON’s office recently, It would seem that some very vital discussions were led during this visit, but so far, there were no official statements or even leaks regarding what this visit was really about.

The only real facts that are currently known is that Twitter has visited TRON, and this was confirmed by Justin Sun’s recent tweet, posted yesterday, on July 11th.

Justin Sun’s large moves and unpredictable leadership has led TRON to some major victories lately. A lot of these decisions were not made public until TRON has already managed to secure large deals, and the crypto community has become used to speculating what might come next for TRX.

TRON’s numerous recent partnerships

So far, TRON has entered a partnership with Pornhub, which is a known website for adult entertainment. Pornhub itself announced that TRON will become a legitimate payment option, which represented a large move forward when it comes to adoption of cryptocurrencies.

Even before that, TRON partnered up with Shiftmarket, a firm known for its Start-A-Broker program, that has helped with the launching of more than 100 brokerages, and over 50 cryptocurrency exchanges. Not to mention the fact that Shiftmarket continues to work on creating exchanges all around the world to this day.

And, let’s not forget that TRON has just recently acquired BitTorrent, which was a move that the fans of the crypto expected for a long time, but nobody knew if it is actually going to come.

There are other speculations that TRON might be working on a partnership with Alibaba as well. However, Twitter’s visit certainly suggests that something is up, and many believe that the partnership with this platform is about to be announced.

TRON did not lack in partnerships even before its MainNet launched, which happened only last month. Ever since the platform went live, and proved that TRON’s ecosystem is stable, new partnerships have started appearing all over. With all that in mind, it really wouldn’t come as that big of a surprise if TRON is getting ready to make a move on Twitter.

$20,000 for each of 10 great projects

Of course, TRON is not only looking for new partnerships to improve its own business. The crypto is also interesting in helping out others who are trying to find their place in the vast crypto world. In fact, TRON even earmarked up to $20,000 for each of the 10 large projects within its ecosystem.

This move was made in order to inspire and encourage the creation of various dApps, especially those with a lot of potentials. That way, TRON platform’s reputation will continue to grow, and TRX might even be able to challenge Ethereum when it comes to creating smart contracts and dApps.

All in all, TRON continues on its way to success, and new events and partnerships continue to appear almost every other day.

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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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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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Altcoins

ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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