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.
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.
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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