The former University of Pennsylvania student is 100% dedicated to his project. Giving daily updates and often doing weekly live steams over twitter. He able to quickly answer any questions that people might have about the coin. Justin's goal is to decentralized the internet. What that means is that he wants content-creators to be rewarded for their hard work without having to go through websites like YouTube, Facebook, or Apple that would take a certain percentage.
TRON which runs off of the Tronix platform was released in September of 2017. It was trading for around one tenth of a cent. Reaching to about three cents in December before it began to takeoff. Through the month of December to the beginning of January it was on a steep climb to the thirty cent mark. However, news came about that South Korea was thinking about banning the use of cryptocurrency. This caused the market to crash severely, over the next couple of weeks, it fell to around 7 cents. The current price of TRON can be seen here. This was a huge hit for the coin as it lost many holders.
Justin Sun made a promise to his followers that he would try to get the coin on a new exchange every week. What that means is that he is allowing companies that sell cryptocurrency to have TRON on their market, making it easier for people to buy into the coin. Also he is trying to partner with as many companies as he can. So far he has announced two really big ones in the past month. This includes Obike, a Singapore bike sharing program, also a partner ship with China's version of Netflix, Baofeng. Rumors also have it that TRON is interested in a partner ship with a private space exploration company, along with Alibaba. Although none have been confirmed, a partnership with one of these companies would be huge for everyone who is currently holding the coin.
Currently Justin Sun's focus is on perfecting his game he created based around the coin. His vision is that you can buy a virtual dog(yes, you heard that right). With this dog you would be able to find other dogs and breed them together with other people. They would have the possibility to create rare or even legendary dogs, which are worth even more. You would then be to trade other people for more dogs or even more coins. This is still a work in progress, so I would recommend you take extreme caution before buy a dog.
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| Two of the many dogs attainable in the game |
If you would like to learn more about TRON, you can visit their website and read their whitepaper. Whitepapers are just written documents that the companies seeks to provide and what their goals are.
Also I would love to answer any question you have about anything relating to cryptocurrency. My tips for this week is don't have itchy fingers, but also don't b
e to greedy.
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