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Soccer meets the blockchain: Meet Tron’s (TRX) new partner, vSport

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TRON TRX vSport blockchain partnership
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Association Football (known popularly as soccer) is the world’s most popular sport by far. Tron (TRX), on the other hand, is poised to become the world’s largest, most effective, blockchain operating system to create decentralized apps.

Just today, Mr. Justin Sun (Tron’s founder and CEO, also a Jack Ma’s protegé) announced a new strategic partnership with vSport. vSport is a blockchain operation started by Qiang Bai (a tech entrepreneur) and Wesley Sneijder (a soccer star of Internazionale Milan and the Dutch national team fame, considered to be one of the best-attacking midfielders ever to grace the game).

Based in Singapore, this is the first ever blockchain platform designed specifically for sports in general, soccer in particular. It’s open and non-profit. vSport has worked hard to forge links with national team nutritionists, authorized distributors at the world cup, global payment systems. Their aim is to create a full environment for soccer. It’s worked. They have thirty million fans around the world (half of them based in China), and those fans are creating lots of traffic.

This is a huge hit for Tron. Just imagine: as of today they have thirty million new users, and Tron’s new Main Net isn’t even online yet. Mr. Sun communicated his excitement over the new partnership in these words,

“Soccer is the biggest sport in the world. It has the largest fan base, and the community has always had a keen sense and great enthusiasm for new things. Combining soccer, and even sports in general, with blockchain technology, will effectively expand community support for blockchain. This will provide people with an enhanced experience of blockchain and even change their lifestyles.”

The Tron’s founder continued,

That’s what we are going for with this TRON/vSport partnership. Qiang Bai is a successful serial web-entrepreneur and is also a diehard soccer fan. Qiang has always sought to promote soccer. Then we have Wesley Sneijder, who not only helped the Netherlands dominate the field but also has spearheaded soccer-related projects off the field. As a fast learner that embraces blockchain technology, it’s likely that Wesley will completely change the structure of the soccer ecosystem through this initiative. TRON very much looks forward to this partnership.”

Mr. Qiang Bai had something to say as well,

“With sports models of the past, it is hard for fans to get rewards in exchange for their enthusiasm and contributions, which causes a serious imbalance in the value structure. Collaborating with TRON allows us to join forces with another strong company, leveraging our soccer and sports resources to solve difficult soccer and sports industry-related issues. We will work together to build and nurture a healthy soccer and sports ecosystem. I believe this will be a great way to give back to soccer fans around the world.”

The FIFA World Cup starts next June 14th; it’s only three weeks away. It’s the world’s biggest sporting event (yes, it surpasses even the Olympics).

The whole world will have its eyes fixed on Russia trying to figure out if Argentina or Germany or Spain or Brazil will do the deed. But this time around there will be a significant difference. Tron and vSport will be working together in a blockchain-based tech to forecast every game’s result. It will be exciting to see. This will be the first blockchain World Cup ever, and it will involve Tron. This partnership’s timing could not be better.

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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 Pxhere.com

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Ludos Protocol Makes a Strong Case for Investors in Blockchain Gaming

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As games migrate to the blockchain and become increasingly complex, Ludos Protocol is set to capture this new market. It’s creating a solid ecosystem of DApps and toolboxes that provide Blockchain as a Service for developers to build and maintain sidechains.

Ludos Protocol solves one of the biggest issues that has given investors qualms about blockchain gaming: scalability. An overcrowded mainchain is a perennial problem that has hindered the progress of even the best-funded blockchain gaming applications. Thanks to a hybrid of Proof-of-Work and Proof-of-Stake consensus algorithms, Ludos Protocol is able to implement a multi-sidechain system. This allows any populated game to deploy its own sidechain of transactions while keeping the mainchain throughput at a minimum.

This is why Ludos Protocol has attracted investment from fund behemoth Softbank, whose previous ventures include Uber and Alibaba. Ludos Protocol is the fund’s third-ever foray into blockchain.  

Industry trends attest to Softbank’s interest in Ludos Protocol. Gaming produced a global revenue of over $200 billion in 2017, according to the latest report by Digi-Capital. It is a figure that is expected to grow to $300 billion by 2021, making the industry one of the most lucrative in the digital economy. It is also one of the ripest for change by blockchain technology. The development of a comprehensive blockchain infrastructure that suits the evolving needs of the…

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Why Investors Should Closely Follow the Earnings Season

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The earnings season has arrived, and investors around the world are excited to see what reports are companies going to publish. This is important as these reports contain companies’ earnings for the current year, which can provide investors with some valuable insight.

No matter what announcements the company has made throughout the year, it is the earnings report that indicates the firm’s true performance. As such, it often has a significant impact on its public image, the price of its stocks, as well as investors’ interest.

Earnings reports can open up new opportunities

When it comes to the cryptocurrency markets, 2018 has brought both, volatility and stability. Most of the time, prices were relatively stable, but this state was only reached after a harsh drop in January 2018. Since then, several smaller price surges, followed by just as large price drops, hit the market once again.

As a result, crypto traders were prompted to look for alternative investments. Earnings seasons often present numerous opportunities for resourceful investors. Analysts claim that earning reports managed to significantly impact prices of shares (by over 5%) since 2001.

It is expected that a lot of companies will try to take advantage of the earnings season in order to make a comeback, especially after the hit that markets suffered back in October. Various firms will also likely show insight into how the market behavior affected their profits and business, in general.

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TokenPay Litecoin Verge
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Ever since the cryptocurrency sphere was met with the news of the partnership between Litecoin Foundation, TokenPay, and Verge (XVG), the idea of them coming together has been among the most controversial news to ever surface in the cryptocurrency world.

The collaboration managed to even draw the attention of one of the most renowned crypto-influencer and bitcoin campaigner, Tone Vays. In his usual style, Tone took to Twitter handle on hearing the news, tweeting and expressing his disapproval while criticizing the creators of the three cryptocurrencies for allowing such a move to occur.

In retaliation to the attacks from Tone, Charlie Lee, the MD, and founder of Litecoin (LTC) posted his clarification on Reddit on the 17th July in regards to the partnership. Litecoin’s CEO started by explaining the dissimilarities between Litecoin as a currency and Litecoin as a company.

In his remarks, he said that Litecoin as a blockchain and crypto network is a decentralized network, whereas Litecoin Foundation as a company is a centralized non-profit institution whose goal is to ensure Litecoin (LTC) is developed, adopted, and used. Charlie also mentioned that Litecoin’s cryptocurrency and blockchain technologies did not require his direct services at the moment hence his concentration on Litecoin Foundation.

Charlie Lee made his remarks known saying:

“If Litecoin Foundation (LF) is exposed to not doing a good job, nothing should prevent another organisation to step in and do a better job. This is…

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