What is TRON (TRX)?

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Avatar for Ismaeel2
4 years ago

TRON is a decentralised entertainment platform that uses blockchain and P2P technology. TRON (TRX) is a next-generation social media platform where users can create and share content with anyone around the world.

Tronix (TRX) is the primary cryptocurrency of the TRON blockchain. This currency helps manage transactions between entertainment content creators and purchasers. With the help of TRON blockchain, people who actively use social media networks, online casinos and other types of entertainment will benefit from the use of their content by others.

Content creators can benefit fromTRON's cryptocurrency ecosystem, mainly receiving substantial compensation for their content when it gets shared with others.

This model is the opposite of how traditional social media platforms like Facebook and YouTube work. TRON monetises user information, while other platforms usually pursue their own interests without taking users into account. When using TRON (TRX), no one controls creators content. This Enables content creators to make money through their creativity and hard work. TRON run strong campaign in mainstream media and social media networks.

TRON is continuously looking for new partners and opportunities. Here is a list of some of their partnerships:

TRONhas established partnerships with the largest bike rental company in Southeast Asia, oBike. oBike is based in Singapore and has launched its own coin, o Coin, in the TRON network. o Coin sare used in real life today for rides on the oBike platform. The company allows users to earn o Coins by rewarding them for choosing their company.

Other major partners include Bitmain, a leading manufacturer of ASIC chips that are used for Bitcoin mining. Antminer S9 from Bitmain is one of the most in-demand products in the Bitcoin mining community. So, if anyone asks you about TRON, make sure to mention this legendary collaboration.

Another TRON partner, Zag-S&W, is a leading international law firm specialising in business and corporate law. This is a promising addition, as the firm is on the Legal 500 list, an extended network of some of the world's largest companies. This partnership will provide companies with comprehensive protection and support for digital asset transactions, risk management and legal adaptation to different jurisdictions. As TRX appears on more and more exchange lists, the demand for legal assistance will only increase. This partnership is an excellent strategic step, which is not surprising for those who own the not-for-profit organisation behind TRON.

In 2018, Sun acquired the American-based BitTorrent for $140 million. BitTorrent owns the largest torrent clients, BitTorrent and uTorrent. The applications generate about 3% of daily internet traffic every month. Sun pointed out that blockchain companies should do more than just encourage users to share free content. They should also share financial benefits by providing something to exchange for their computing power. As a result, TRON continues to grow, inspiring more startup companies to migrate to its systems.

Those deals and partnerships allowed TRON (TRX) to expand its influence in the technological and crypto space significantly.

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4 years ago

Comments

My worst invesent. Dont know of the future though

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4 years ago

Great Subbed & liked like my too & sub

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4 years ago

Okay i will

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4 years ago

The bottom line everyone will ask, is it a good investment? I also watch tron price movement from time to time, but have not been able to decide whether to invest or not.

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4 years ago

I invested a couple of dollars 2weeks back. As at last week i gain a lot of profit, but lately almost all cryptos went down by some little persent, tron was not an exception

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4 years ago

Good for tron users, informative article.hope you gain profit on that investment

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4 years ago

Thanks for the good wish.

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4 years ago