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Tron (TRX): Why Should I Hold Tron?

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why should I hold Tron
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Every Tron (TRX) HODLer keeps asking the same question, why should I hold Tron? We believe HODLers should focus not on the present, but the future.

We are jumping the gun a bit and time traveling to the fourth quarter of the year. The reason for doing so is that when we dwell too much on the current happenings in the crypto markets, we will most likely lose our focus and forget to remember the main reason we believe in our favorite crypto projects such as Tron (TRX). Many of us believe that these projects are the future, so let us head there and postulate how things will be in the crypto verse with a fully functional Tron Mainnet. The latter platform would have integrated BitTorrent into its network by this time.

Pornhub Is A Golden Goose

From a realistic point of view, the adult film industry is loathed as well as loved by many. So, let us put on our business hats and forget our morals for a bit. The adult film industry is worth $97 Billion annually. Pornhub and Traffic Junky – both of whom accept TRX as a form of payment on their platforms – are the industry leaders when it comes to online content in this industry. They are the Amazon and Apple of Porn and Tron is tagging along seated in the passenger’s seat of a very bright future.

Pornhub currently has a service where amateur performers can upload their content and be paid according to how many views their videos get. With time, this content will be too massive to store on Pornhub’s IT servers and this is where Tron and BitTorrent come in.

BitTorrent

The exact method of how the Tron foundation plans on integrating the BitTorrent platform is somewhat vague to many. But Justin Sun stated the following after the acquisition of the peer-to-peer file sharing platform.

“The project is in collaboration with BitTorrent, and will extend the lifespan of their torrents’ swarms, offer rewards to peers who seed torrents, infuse resources into the torrent ecosystem, and establish financial rewards in return. The project will transform the way people share and consume content, helping to re-shape the industry for the better.”

The seeds, or machines with the partial files on BitTorrent, can also store the content from Pornhub that is in excess for their local servers to manage.  TRX will be the standard form of payment of incentivizing the peers to keep their machines connected so content on Pornhub can be accessed quickly.

There is also the likelihood of decentralizing the music industry. Imagine paying for the next Kanye West or Eminem track using TRX.

Decentralized Applications

The Tron project has entered the most crucial stage after the launch of the Tron Virtual Machine. This phase is the DApp phase where the network will truly be used for applications. This means that the over 10 Million users on Peiwo and other Tron-centric apps, will eventually be migrated onto the network. There is the other 150 Million active users of BitTorrent who will also play a part in all this according to Project Atlas.

In conclusion, the current decline of TRX in the crypto markets should not be a cause for alarm for the many HODLers out there. The current value of TRX at $0.0195 is gut-wrenching given all the updates and developments evident with the project in the short time period of 1 year since its ICO. But with the future is looking bright as described above. Q4 of 2018 and 2019 will be a good time period for TRX in the markets. The project is on course towards solving the real-life problem of decentralizing the web. This should answer the question “why should I hold Tron?”

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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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Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Positive Crypto Price Trend Moves VeChain (VET)

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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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