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Tron’s (TRX) Growing Popularity Through Airdrop

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Tron TRX Airdrop

As Tron (TRX) prepares to go live with its MainNet launch that’s scheduled for May 31st, CEO, and founder of Tron, Justin Sun is building coverage and interest by rewarding the TRX society with what he calls ‘TRX candies.’ The TRX airdrops or candies are received by individuals who invite friends to the Tron Telegram Channel. With the TRX airdrop giveaway currently ongoing, what you need to do to become a beneficiary of this giveaway is follow the link allocated and enter your appropriate ETH wallet details.

Insignificant Payout, Significant Marketing Gains

Everyone undoubtedly welcomed the airdrop giveaway as a generous gesture meant to appreciate Ethereum for providing the essential assistance for the ERC20 complaint before the inauguration of the upcoming MainNet. However, it’s the message, and attention the ‘TRX candies’ giveaway draws, the marketing advantage Tron currently enjoys ahead of the crucial launch of MainNet.

At the time of writing, TRX is trading at $0.063 with a total market capitalization of approximately $5.5 billion. A decrease of 1.63% in just 24 hours. This puts the total worth of the airdrop to an estimate of $2.5 million. The popularity of the coin and investor confidence is set to get a boost following South Korea’s decision to make ICOs legal.

However, it’s evident that young people who are getting into the market are standing on the sideline of virtual currency, waiting for the hype to die down. The older generation investors are the ones consuming the Wall Street advice; they have limited understanding of how cryptocurrency works.

Tron’s Hype Machine

With every other Altcoin in the cryptocurrency ecosystem competing against Ethereum (ETH), any positive price change on ETH creates a lot of anxiety and talk among investors. This is because its one of the strongest and stable coin in the market at the moment, and as its normal for critics, they choose to look more at the flaws rather than the gains.

Following the completion of Tron’s airdrop to Ethereum user base, cryptocurrency enthusiasts are anxiously waiting to see whether Ethereum’s worth and prices are maintained or the recent appreciation was attributed to the airdrop. Tron has been and is still gaining impetus, and a bull run looks to be in the offing.

It’s never easy distinguishing fact from fiction when it comes to Tron. Tron’s blockchain has many people excited about the future of online content creation and distribution. However, an infringed whitepaper and rumors that Justin Sun had sold more than 5 billion TRX coins have made some investors uncomfortable with the blockchain.

The investors voiced their displeasure over Tron’s marketing strategies and controversies. They argued that the blockchain should allow its platform to speak for itself and avoid marketing gimmicks like the recent TRX giveaway as empty, propaganda-based marketing that takes away more than it contributes towards the MainNet launch. Even so, what the protestors fail to consider is that there is nothing like bad publicity.

Tron continues to generate commendable recognition for its growing acquisitions and strategic partnerships with barely a month, and just recently, Tron announcing they would be partnering with vSport in creating a prediction platform for this years FIFA World Cup. Right on the money!

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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

Altcoins

META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

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Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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