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Why Voting for Skypeople is the Best Choice for TRON’s (TRX) Super Representative

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Tron
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There are only a few days left before the official vote for TRON (TRX) super representatives begins. One of the main issues now is who should the voters support during the election. While there are many choices, one stands out as the most beneficial choice, and that is Skypeople.

TRON (TRX) super representative election is coming

With TRON’s (TRX) super representative election being only a few more days away, investors are searching for the right company to back. This is an important event for TRON, and it might hold a key to a very prosperous and beneficial future. Despite this, it is definitely receiving a lot less excitement than the previous events.

Still, it represents a major opportunity to shape the future and earn a significant amount of money in the process. However, when the election starts, there will be a choice to be made, and the investors should be aware of what seems to be their best option right now, and that is Skypeople.

Skypeople is a gaming company that is based in South Korea. They see a lot of possibilities that will come if the company is chosen to be a super representative of TRON, which is why it offered a lot of benefits to those who support them during the election.

The benefits that Skypeople is offering

If Skypeople gets to be chosen to be a super representative, the benefits of that choice will start almost immediately. For example, voters that support the company will start receiving regular airdrops that consist of 35% of all TRX tokens. This in itself holds a very large value, considering that TRON is one of the tokens with the biggest potential currently on the market. As its value grows, so will all the gains that come from the airdrops.

Just imagine what this will mean when the value of TRX hits $1, or possibly even more. This might mean thousands of dollars each month, and all those earnings would come while the investors would not have to do a thing.

Not only that, but Skypeople also plans to launch their own cryptocurrency, based on TRON’s new blockchain. 2% of this coin will also be regularly airdropped, and the airdrops will be based on the voting rate. This is yet another way to make an easy profit, and the value of this coin will also grow over time, especially when we take into consideration the size of South Korea’s gaming community.

After all, this is one of the largest gaming countries around the globe, and gaming has become incredibly popular in the last couple of decades.

TRON will benefit as well

Choosing Skypeople for TRON’s super representative will also open the door for TRON, and allow it to join the gaming industry much more easily. TRON is dedicated to entertainment, just like Ripple (XRP) aims for banks. With that in mind, it is not surprising that a lot of gaming companies are looking forward to this election, since adding TRON would benefit them as well.

If TRON manages to enter the gaming community through one or more of these firms, it will easily become the dominant blockchain in this industry. This will raise its value each time when a popular game comes out, and some see a lot of potential in this. Theoretically, TRON’s value might reach up to $10 in only a few years. Games are here to stay, as well as the cryptocurrencies, and combining the two in such a way will create something completely new, and nobody should miss an opportunity to be a part of its creation.

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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

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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