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What to Expect From TRON In 2019

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Tron in 2019

As 2018 gets closer to its end, the so-called crypto winter continues, and many of the leading coins have lost a lot in terms of value and size. While there are those who believe that these coins will simply bounce back like many times before, there are others, who claim that the time has come for a new generation to take over the position of leading cryptocurrencies.

While there are many coins that show potential to actually take over, TRON in 2019 is one of those that are most likely to do so. Naturally, TRON itself also has supporters and non-believers, those who claim that it will bring forth web 3.0 and those that say that it is all just hype and clever marketing.

Looking at the evidence, it is more than possible that TRON will actually be among top coins of the third generation of crypto, if not its representative, just like Ethereum was for the second generation and Bitcoin for the first.

TRON in 2018

Like all coins, TRON has lost a lot of its value in January 2018 after the market crashed, and like every other crypto, it has yet to recover from this event. At the time of writing, its price is at $0.016643, while the coin itself holds the 11th position on CoinMarketCap’s list of largest cryptos.

Throughout the year, TRON has been announcing partnerships, new listings, projects such as its TestNet, MainNet, token swap, token burns, Representatives election, the purchase of BitTorrent, and finally, Project Atlas. While all of this only happened in a span of several months, this is only the tip of the iceberg of what has been going on for TRON throughout 2018.

Following the launch of its MainNet, the TRON ecosystem started to grow thanks to various dApps. Many of them are in development, with a few already being out. Many speculated that TRON might join projects such as EOS or NEO in attempting to overthrow Ethereum. However, TRON never had such plans. Its goal was, and is, decentralizing the network, and revolutionizing entertainment industry.

TRON in 2019

As 2019 approaches, the crypto market is in a bad shape. While there are all kinds of opinions regarding the future of crypto, the entire community still believes in some kind of a future and is interested in discovering what it might hold. Right now, TRON’s blockchain is making steps towards becoming a cryptographic asset platform, with numerous ambitious projects in the pipeline.

We have already mentioned project Atlas, undoubtedly the most exciting of all known plans that TRON is working on. It includes BitTorrent, which TRON obtained in June 2018. While only a small portion of BitTorrent users will actually interact with TRON in any way, it is still expected that a lot of new users will enter the ecosystem this way.

The project’s primary feature seems to be TRX rewards for seeding. Seeding is a process that happens after a file is downloaded by users. Users can choose to host said file and allow others to transfer data between each other. While there are many that were doing this already out of the sense of community, there are also many that chose not to do it. Now, thanks to TRX rewards, they might reconsider doing it once more.

What BitTorrent does is similar to what TRON aspires to become, and obtaining it was a big step in the right direction for TRON. BitTorrent also already started accepting BTC, TRX, and even BNB as payments for premium services. This has happened yesterday, on November 28th, and TRX is still growing by 32% at the time of writing, as a consequence.

Another use case of TRON is for paying a monthly membership on Pornhub. Most TRX tokens are used for the coin’s dApps, or in trading.

For now, TRON is expected to continue developing its projects, with a special focus on project Atlas, throughout 2019. As mentioned earlier, its ecosystem is getting more and more dApps, and experts believe that the real production of decentralized applications will start next year. As a result, the coin will get much more attention, and will likely experience a significant price surge.

Whether or not it will lead a bull run, or just participate in one, remains to be seen. However, many are optimistic regarding TRON’s future, its projects, and especially its token.

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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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My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner

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Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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