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TRON (TRX) HODLers Wish for a Better World - Global Coin Report
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TRON (TRX) HODLers Wish for a Better World

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An interesting survey released on Twitter by TRON’s (TRX) founder, Justin Sun, shows that the large majority of this crypto’s holders are investing in order to help bring forth the better world. The survey’s origins are unknown, but the results are clear. Additionally, the deadline for the migration of TRX tokens approaches, and coin holders should ensure that their tokens will be included in the switch.

TRX investors wish for a better world

A new tweet by Justin Sun, the founder of TRON (TRX) cryptocurrency, which was published yesterday shows the results of an interesting survey. Sun seems to be extremely proud of the survey’s results, which indicate that up to 42% of the TRON investors are putting their money and faith in this crypto in order to help create a better world.

The survey results that are a part of this tweet are showing two sets of tables. The first one shows the results of the overall analysis, while the second one only shows the votes of TRON token holders. The overall results are believed to represent the views of the holders of other cryptocurrencies, while the other one is, as mentioned, specific to TRONIX Enthusiasts.

According to the second part of the results, the majority of those who are investing in TRX have admitted to doing so in order to create a better world. Additionally, there is around 10% of those who stated that they are only in it to make a profit. The origin of the survey was not disclosed, however.

TRX token migration deadline approaches

There is only a little more than a week left before TRON coins leave their current home at Ethereum’s network, and move to TRON’s new blockchain. The move will mean that the tokens will no more identify as ERC-20 tokens, but will instead become the true TRON coins. The shift will happen in four days, between June 21 and June 25, which means that there is only a week left for TRX holders to move their coins and deposit them in one of the exchanges that are supporting the migration.

There are currently around 26 exchanges that can help TRON with transferring the coins to the new blockchain, and as long as the coins are stored in one of them, the entire process will be one automatically. If token holders miss this opportunity, they will have to wait for the next migration, which will probably happen, but it is currently unknown when this might occur. Manual migration will not be possible, which is why this opportunity should not be passed.

Still, an interesting thing regarding the exchanges that are supporting the migration is that some of the big names are noticeably absent from the list. Coinspot and HitBTC are two of them, which were expected to join the migration, but have failed to do so as of yet. It is probably safe to assume that they will not be joining the process, which means that those who have TRX tokens stored in these exchanges would do well to move them to one of the others.

TRON’s price is not rising, despite everything

Another interesting thing regarding this crypto is that its price, which was expected to skyrocket after the launch of the MainNet, failed to deliver on these expectations. Not only did it not go up, it actually continued to drop, and it actually lost over 13% in the last 24 hours alone, and up to 27% in the last week.

This came as a surprise to many, especially considering how well TRON was doing in the last two weeks on every other front. It managed to successfully launch its MainNet, it entered multiple partnerships, and now it is moving its tokens to a new blockchain. Still, the price is moving in the opposite direction than expected. The only thing left to see now is how the price will react on the migration itself, which might be just what it needed to improve the confidence in the success of the newest development regarding this crypto.

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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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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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