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Tron (TRX) is digital economy’s heart and not just the hype

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Tron
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Lots of great news about Tron have been reported lately. They have been on the Lbank exchange for quite some time already, and the countdown for their main net lunch has started, which many experts are confident that’s going to work for the coin. Tron is on the move actively. Should you invest in it because of that? Not really; there are better reasons.

It would be good for you to understand that Tron adds a lot of value to the digital economy, and it is sustainable in the competitive world of cryptocurrencies. Tron is an outstanding coin, which is good news for you. It’s designed in a way that it can cope with many of the digital economy’s pending issues. Let’s have a look at some of them.

Net neutrality

Recently, the FCC decided to kill net neutrality. Washington State (home of Microsoft, big surprise) passed a regulation protecting it. But this is not as much about politics as it is about technology. It’s about creating a web that has no centralization at all. There is a name for decentralized technology right now, it’s called Tron.

Tron’s intent is a fully democratic web space in which every creator is in control over their content. We can all keep corporations away from controlling our control (they don’t create it, anyway, we do). Tron can help with that. That is the core mission of Tron, in their Web 4.0 statement. We all have a stake in the web economy. And that will make us all relevant, not just corporations like Comcast or AT&T.

Advertising

Having ads that run in-between content become a nightmare to you? You’re not alone, it’s been happening to all of us. That’s the web content’s business model and it’s not just your headache, it’s been the firm’s headache as well. They need to find a way to give you the content you want as well as the ads they need to run.

Tron knows how to deal with this so you can get the content you want without those annoying ads. Just monetize the comments section! People read through those comments after seeing each video (or reading an article). What if the top comment has some advertising value? This way you could see your whole video, uninterrupted. Tron could make this work because transactions costs for Tron are so low, fast and it allows micropayments.

So, all in all, Tron could revolutionize the advertising industry and make your life more enjoyable at the very same time. Watch out for it!

Music

No industry has complained more about the web and the internet streaming than the music industry. Guess what? Tron could also be the solution for them!

Streaming and downloads have hit them (all the people working in the Music industry) hard, even Taylor Swift had a bone to pick with internet users at a time. So, if Taylor Swift feels it, what’s next? The Beatles? Pink Floyd? How bad could it be for musicians who are not nearly that popular?

There is still money in music. Lots of money. That’s not the problem. It’s just that it flows into corporations instead of musicians. Tron can change this by giving every artist the opportunity to control their content and monetize it. This could change things in the music industry for forever.

So, you have nothing to lose here. Supporting Tron will get us the web 4.0, better content, more accessible music that is cheap for you and profitable for artists. Why are you waiting?

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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.

Image courtesy of Jana Beamer via Flickr

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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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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