The late Apple co-founder, Steve Jobs, was meticulous and particular about how Apple products would look and function. Some had even branded him as a perfectionist with an eye for innovation. He was also a visionary and believed that creativity should not be curtailed in the development of a consumer product. The same visionary characteristic can be seen in the CEO of the Tron (TRX) project, Justin Sun. During the launch of Tron’s Testnets and Mainnet, we saw how he was keen on every detail of the project including constant updates to the Tron fans in a relaxed manner via social media.
It is with such a brief background of the late Legendary Steve Jobs and the Apple company he built, that one can also compare the Tron (TRX) Project to a young Apple company in the late 80s and 90s. Back then, the Apple company was not reinventing the wheel with the Macintosh computer, but rather, they improved on an already existing concept and personalized it for the user. The machine had color graphics as well as developer capability.
Looking at the Tron Mainnet and the about to be released Tron Virtual Machine, we see that it is a bud of the Ethereum platform. There is nothing much different apart from the fact that the Mainnet has 2,000 transactions per second and that transactions on the Tron Mainnet will be free to a certain degree. Any user or DApps that wishes to use the bandwidth of the network that exceeds the ‘free zone’, will be charged extra.
Once the Tron Mainnet and the Tron Virtual Machine are adopted by smart contract developers, here is where the next stage of the Tron Project will begin: massive adoption. The massive adoption will include preferring the Tron Network for DApps and possibly ICOs as well as the yet to materialize concept of decentralizing the web. The possibilities of the Tron project are endless the same way the Apple company has stayed afloat for over 30 years through the release of revolutionary consumer-friendly products.
Apple has continually exceeded expectations by releasing hit product after hit product. Signature products of the company include the iPod, iPhone, Macbook, iPad, just to name a few. The Tron project is sure to release numerous DApps in the future as well as utilize BitTorrent in the grand scheme of things. There is also the added question as to how the adult industry – through Pornhub – will take the Tron Mainnet to a higher level.
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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
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
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…