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Crypto

Tron (TRX) 

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Tron (TRX) 

Rank on Coinmarketcap: 14

Current Price: €0,055

Current circulating supply: 65,748,192,476 TRX

Total Supply: 100,000,000,000 TRX

Official Website:
https://tron.network/enindex.html

 

What is Tron

TRON is a world-leading blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription, and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.

 

Leadership

CEO: Justin Sun

Used to be Chief Representative in Greater China of Ripple (XRP)

Protogé of Jack Má (owner of Alibaba and richest man of China)

Was in the 30 under 30 list of China by Forbes in 2015 & 2017.

https://twitter.com/justinsuntron?lang=en


Team

Has a team totalling of 15 people working full-time for Tron


Location

Main focus lies in China / Asia but opened a San Francisco office in the beginning of 2018

 

Partnerships

  • Baofeng, The Netflix of China
  • Obike, Largest bike sharing-sharing company in Singapore
  • Wei Dai, Founder of Bike sharing company Ofo
  • Working together with developers of Alibaba and Microsoft
  • Tron will be integrated in Peiwo, social networking app in China

 

Rumours (all unconfirmed)

  • Partnership with Alibaba
  • Partnership with a space exploration company

 

News

  • Came out with a mobile game ‘’Tron Puppies’’ on 22/01/2018
  • Will come out with Tron’s own Main Network in Q1 of 2018.

 

Negative sides

  • High circulation of coins 65 Billion for a current price of 0.05 euro
  • Does not have its own wallet, most likely come with their Main Net


Positive sides

  • Will likely ‘’burn’’ a majority of the supply when the main network comes out
  • Has Smart Contracts

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