Mr. Justin Sun, Tron’s CEO and founder, likes to shake things up every time the project is about to complete a milestone. The next one is, of course, the launch of Tron’s own Main Net, which will see them become a fully autonomous blockchain (and coin) independent from Ethereum and the ECR-20 blockchain as well as an app developing platform. This is coupled with strong rumors about a Coinbase listing.
So the foundation is doing several things to mark the occasion. A huge giveaway was announced, and the foundation’s website was completely re-designed. This has given community members motivation to join the team to make the cryptocurrency’s environment more successful. Current TRX market capitalization is at $4,653,519,846, and it trades at $0.07 at the time of press.
A tweet from Mr. Sun recently announced the release of a Tron virtual machine coming Friday, just after a couple of days now, on May 25th. The Main Net is scheduled for May 31st. There’s a very visible countdown in the new website (which weirdly enough wasn’t working correctly at the time I tried to see it at first, a couple of days ago, works fine for me now).
Then the token migration will happen on June 21st, according to plans. Five days later, on the 26th, twenty-seven super representatives will hold a vote on Tron’s future.
The vote aims to guarantee that the Tron organization will be a democratic, self-government community, with free elections and “overarching legitimacy” according to the letter published by Mr. Justin Sun this April in which he explained his own commitment to individual rights and why democracy and transparency are essential for the Tron Foundation.
More cryptocurrency exchanges have announced they will support Tron’s new blockchain, platform, and token migration. Among them are China‘s RightBTC, and Bixin.
— Justin Sun???? (@justinsuntron) May 19, 2018
Users must buy twenty ERC-20 based tokens in RightBTC so they can start doing business, but this is common practice in most exchanges around the world. Bixin’s pool mining model is unique. It privileges openness and transparency. Also, it allows for instant transfers with OTC Trading, Escrow Trading, and Market Stats which makes trades easier for its users.
Upbit, IDAX, Bithumb, Liqui, and Dragonex joined in to support Tron’s migration too, just recently.
— Justin Sun (@justinsuntron) May 23, 2018
There are also plenty of souvenirs and merchandise around. U disk products, caps, notebooks, a TRX commemorative coin, hats, t-shirts, handbags among other things. Even the hashtag TRONICS is currently trending on Twitter. The man himself was using his Twitter account to promote the items:
— Justin Sun (@justinsuntron) May 19, 2018
The Tron community is very optimistic which you can see in comments such as “45 cents by this time next year.”
While Tron and its coin are still not among the crypto world main players (not in top 5 yet), a lot is expected from them because of Mr. Sun’s previous successes as an entrepreneur.
It bears saying that the fantastic growth Tron has achieved has taken them less than a year’s time since the project started which was only last July. Keep an eye out for Tron and Tronix. It seems great things are happening for them and the token is still cheap enough that you can buy it in bulk, and see it grow.
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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.
NFTs are already being actively traded in markets globally. For…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has been…