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TRON TRX: A Perfect Way To Bring Games To Blockchain

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TRON TRX
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Ever since it was launched, TRON TRX cryptocurrency has had large plans for changing the web as we know it. Even in its initial whitepaper, TRON was planning to decentralize and revolutionize the entire entertainment industry. Since those initial plans were published, TRON TRX has had a long journey ahead of it, before it could even think to start making these plans into reality.

Despite numerous obstacles, however, everything that TRON TRX did so far was dedicated to making this goal possible. The first step was its expansion and reaching as many exchanges and partners as possible. Next, TRX had to leave Ethereum’s network and settle in on its native blockchain. After that came its Super Representative election, as well as numerous other projects, such as the launch of TRON VM, purchase of BitTorrent, and the announcement of Project Atlas.

With most of these goals either already being completed, or well on their way to completion, TRON TRX can finally begin its mission to change the entertainment industry. Naturally, this also includes games, as the gaming industry managed to grow to the unbelievable proportions in the last decade.

TRON TRX plans to bring games to blockchain

While PC and console gaming are booming with each new game release, mobile gaming is not far behind. With that in mind, TRON has put a lot of effort into entering partnerships with gaming companies, promising them a unique method of bringing new games — on its own blockchain.

At first, many were wondering if this project has a future, and is it even possible to think that big. However, in time, TRON started fulfilling its promise, and the first blockchain game — BitGuild’s “Magic Academy” — has already been announced. This is only a first step for TRON TRX, however, as it is now obvious that its blockchain has the potential to expand the gaming industry in an entirely new way.

One of TRON’s biggest and most important partners is Game.com, which is a partnership that TRON has nourished for almost a year now. Game.com is an online gaming platform that centers on blockchain game content, and their cooperation with TRON is bound to bring even more blockchain-based games. These games will allow gamers to use cryptocurrencies to make microtransactions, trade and sell unique items, but also to mine new coins, and make a profit during their gaming sessions.

Thanks to its advanced technology, high speeds, low fees, and a professional team, TRON TRX is in a perfect position to allow new games to enter blockchain. However, while TRON is making some game-changing moves right now, this is still only the first step on its way to fulfilling its goal. Apart from gaming, TRON also has plans to revolutionize data-sharing processes, as well as the rest of the entertainment industry.

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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 Thom Cochrane 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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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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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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